Veeva Systems
VEEV
960 hedge funds and large institutions have $26.9B invested in Veeva Systems in 2024 Q3 according to their latest regulatory filings, with 126 funds opening new positions, 365 increasing their positions, 329 reducing their positions, and 78 closing their positions.
62% more first-time investments, than exits
New positions opened: 126 | Existing positions closed: 78
33% more funds holding in top 10
Funds holding in top 10: 12 → 16 (+4)
15% more capital invested
Capital invested by funds: $23.4B → $26.9B (+$3.5B)
11% more repeat investments, than reductions
Existing positions increased: 365 | Existing positions reduced: 329
4% more funds holding
Funds holding: 922 → 960 (+38)
0.05% less ownership
Funds ownership: 79.17% → 79.12% (-0.05%)
9% less call options, than puts
Call options by funds: $248M | Put options by funds: $272M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$275M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$250M |
| 3 |
JP Morgan Chase
New York
|
+$213M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$121M |
| 5 |
Pictet Asset Management
Carouge,
Switzerland
|
+$88.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$152M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$150M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$139M |
| 4 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
-$137M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$123M |
VEEV Hedge Fund Activity: Q3 2024 in Review
960 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q3 2024, worth a combined $26.9B — up 15% from $23.4B a quarter earlier.
Buyers outnumbered sellers: 126 funds opened new VEEV positions and 78 closed out — a net gain of 48 holders — while 365 added to existing stakes and 329 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $275M. The largest seller was Artisan Partners, cutting an estimated $152M.
- 960 institutional investors held Veeva Systems (VEEV) as of Q3 2024, up from 922 in Q2 2024.
- Funds reported $26.9B of Veeva Systems stock for Q3 2024, up 15% quarter-over-quarter.
- 126 funds opened new Veeva Systems positions in Q3 2024 and 78 closed out, a net change of +48 holders.
- The largest Veeva Systems buyer in Q3 2024 was Massachusetts Financial Services, an estimated $275M added.
- The largest Veeva Systems seller in Q3 2024 was Artisan Partners, an estimated $152M sold.
Based on aggregated 13F filings for Q3 2024.