Veeva Systems
VEEV
830 hedge funds and large institutions have $27B invested in Veeva Systems in 2023 Q3 according to their latest regulatory filings, with 81 funds opening new positions, 296 increasing their positions, 317 reducing their positions, and 66 closing their positions.
23% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 66
8% more funds holding in top 10
Funds holding in top 10: 13 → 14 (+1)
4% more capital invested
Capital invested by funds: $26B → $27B (+$1.03B)
1% more funds holding
Funds holding: 823 → 830 (+7)
0.54% more ownership
Funds ownership: 90.2% → 90.74% (+0.54%)
7% less repeat investments, than reductions
Existing positions increased: 296 | Existing positions reduced: 317
15% less call options, than puts
Call options by funds: $370M | Put options by funds: $433M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$179M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$164M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$136M |
| 4 |
AAB
ABN AMRO Bank
Amsterdam,
Netherlands
|
+$129M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$105M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$168M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$82.9M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$77.5M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$63.9M |
| 5 |
OCBV
Ownership Capital B.V.
Amsterdam,
Netherlands
|
-$63.8M |
VEEV Hedge Fund Activity: Q3 2023 in Review
830 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q3 2023, worth a combined $27B — up 4% from $26B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new VEEV positions and 66 closed out — a net gain of 15 holders — while 296 added to existing stakes and 317 trimmed.
The largest buyer was Durable Capital Partners, opening a new position worth an estimated $179M. The largest seller was AllianceBernstein, cutting an estimated $168M.
- 830 institutional investors held Veeva Systems (VEEV) as of Q3 2023, up from 823 in Q2 2023.
- Funds reported $27B of Veeva Systems stock for Q3 2023, up 4% quarter-over-quarter.
- 81 funds opened new Veeva Systems positions in Q3 2023 and 66 closed out, a net change of +15 holders.
- The largest Veeva Systems buyer in Q3 2023 was Durable Capital Partners, an estimated $179M added.
- The largest Veeva Systems seller in Q3 2023 was AllianceBernstein, an estimated $168M sold.
Based on aggregated 13F filings for Q3 2023.