Veeva Systems
VEEV
917 hedge funds and large institutions have $29.9B invested in Veeva Systems in 2024 Q1 according to their latest regulatory filings, with 130 funds opening new positions, 353 increasing their positions, 288 reducing their positions, and 79 closing their positions.
65% more first-time investments, than exits
New positions opened: 130 | Existing positions closed: 79
50% more funds holding in top 10
Funds holding in top 10: 12 → 18 (+6)
23% more repeat investments, than reductions
Existing positions increased: 353 | Existing positions reduced: 288
20% more capital invested
Capital invested by funds: $24.9B → $29.9B (+$5.04B)
4% more funds holding
Funds holding: 879 → 917 (+38)
0.01% more ownership
Funds ownership: 80.23% → 80.24% (+0.01%)
1% less call options, than puts
Call options by funds: $413M | Put options by funds: $419M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$235M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$214M |
| 3 |
JP Morgan Chase
New York
|
+$129M |
| 4 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
+$93M |
| 5 |
VCP
Varenne Capital Partners
Paris,
France
|
+$83.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$287M |
| 2 |
Holocene Advisors
New York
|
-$137M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
-$112M |
| 4 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$78.9M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$67M |
VEEV Hedge Fund Activity: Q1 2024 in Review
917 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q1 2024, worth a combined $29.9B — up 20% from $24.9B a quarter earlier.
Buyers outnumbered sellers: 130 funds opened new VEEV positions and 79 closed out — a net gain of 51 holders — while 353 added to existing stakes and 288 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $235M. The largest seller was Artisan Partners, cutting an estimated $287M.
- 917 institutional investors held Veeva Systems (VEEV) as of Q1 2024, up from 879 in Q4 2023.
- Funds reported $29.9B of Veeva Systems stock for Q1 2024, up 20% quarter-over-quarter.
- 130 funds opened new Veeva Systems positions in Q1 2024 and 79 closed out, a net change of +51 holders.
- The largest Veeva Systems buyer in Q1 2024 was Fidelity Investments, an estimated $235M added.
- The largest Veeva Systems seller in Q1 2024 was Artisan Partners, an estimated $287M sold.
Based on aggregated 13F filings for Q1 2024.