Veeva Systems
VEEV
879 hedge funds and large institutions have $24.9B invested in Veeva Systems in 2023 Q4 according to their latest regulatory filings, with 154 funds opening new positions, 301 increasing their positions, 300 reducing their positions, and 96 closing their positions.
60% more first-time investments, than exits
New positions opened: 154 | Existing positions closed: 96
34% more call options, than puts
Call options by funds: $452M | Put options by funds: $338M
6% more funds holding
Funds holding: 831 → 879 (+48)
0% more repeat investments, than reductions
Existing positions increased: 301 | Existing positions reduced: 300
8% less capital invested
Capital invested by funds: $27B → $24.9B (-$2.13B)
10.51% less ownership
Funds ownership: 90.74% → 80.23% (-11%)
14% less funds holding in top 10
Funds holding in top 10: 14 → 12 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Holocene Advisors
New York
|
+$134M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$109M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$100M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$79.7M |
| 5 |
D.E. Shaw & Co
New York
|
+$78.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$674M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$340M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$294M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$141M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
-$129M |
VEEV Hedge Fund Activity: Q4 2023 in Review
879 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q4 2023, worth a combined $24.9B — down 7.9% from $27B a quarter earlier.
Buyers outnumbered sellers: 154 funds opened new VEEV positions and 96 closed out — a net gain of 58 holders — while 301 added to existing stakes and 300 trimmed.
The largest buyer was Holocene Advisors, opening a new position worth an estimated $134M. The largest seller was Artisan Partners, cutting an estimated $674M.
- 879 institutional investors held Veeva Systems (VEEV) as of Q4 2023, up from 831 in Q3 2023.
- Funds reported $24.9B of Veeva Systems stock for Q4 2023, down 7.9% quarter-over-quarter.
- 154 funds opened new Veeva Systems positions in Q4 2023 and 96 closed out, a net change of +58 holders.
- The largest Veeva Systems buyer in Q4 2023 was Holocene Advisors, an estimated $134M added.
- The largest Veeva Systems seller in Q4 2023 was Artisan Partners, an estimated $674M sold.
Based on aggregated 13F filings for Q4 2023.