Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Veeva Sys Inc (VEEV)

1K + Investors. Track Smart Money conviction in VEEV. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -77
Streak
2Q ▼
Buyers last Q
48%

Smart Money Signals — VEEV

Based on 1019 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their VEEV positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 93% of 3.0Y peak

93% of all-time peak
1,019 funds currently hold this stock — 93% of the 3.0-year high of 1,099 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding VEEV is almost the same as a year ago (+26 funds, +3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 48% buying

537 buying583 selling
Last quarter: 583 funds reduced or exited vs 537 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-31 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 182 → 132 → 168 → 137. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 20% medium ■ 19% new
619 out of 1,019 hedge funds have held VEEV for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -3%, value -27%

Value
-27%
Shares
-2%
Last quarter: funds added -3% more shares while total portfolio value only changed -27%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~137 new funds/quarter

133 → 182 → 132 → 168 → 137 new funds/Q
New funds entering each quarter: 182 → 132 → 168 → 137. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 64% veterans vs 24% newcomers

■ 64% veterans ■ 12% 1-2yr ■ 24% new
Entry-cohort mix of 1,051 holders: 674 (64%) are 2+ year veterans, 128 entered 1–2 years ago, and 249 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 40% AUM from top-100 funds

40% from top-100 AUM funds
63 of 1014 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in VEEV. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — VEEV

In 2026 Q1, 537 hedge funds were net buyers of VEEV (137 opened a new position, 400 added to an existing one), while 583 reduced or exited (369 trimmed, 214 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 40% of total institutional value in VEEV is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -77 funds (more exits than new entries). Total institutional holders: 1019.

Hedge Fund Ownership: VEEV

How many hedge funds hold VEEV — quarterly history vs. share price
Quarterly hedge fund ownership of VEEV vs. share price

Market Analysis: VEEV

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: VEEV

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Veeva Sys Inc (VEEV) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much VEEV has moved relative to its sector benchmark (XLV) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 75d ago
VEEV
-9.2%
XLV
+4.9%

VEEV outperformed XLV by -14.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
VEEV
+0.4%
XLV
+6.0%

Since the filing became public, VEEV outperformed XLV by -5.6% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

61 top-rated funds 8 high-conviction
Consensus
7.8
/ 10
breadth
×
Elite
3.6
/ 10
conviction
Hedge Fund Positioning: VEEV
1K + Investors

Track Smart Money conviction in VEEV. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 1015 1096 -7.39%
13F Shares 137M 140M -2.58%
Total Value $22.60B $31.11B -27.36%
New Positions 136 168 -32
Increased Positions 390 358 +32
Closed Positions 217 171 +46
Reduced Positions 360 425 -65
Total Calls 21 22 -4.55%
Total Puts 15 17 -11.76%
PUT/CALL Ratio 0.71 0.77 Neutral

Statistics: VEEV

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

1K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in VEEV. Verified SEC 13F-HR filings.

QUARTER:
Top 25 VEEV holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Emergence GP Partners, LLC 78.79% 500,000 $87.8M
2 Alfreton Capital LLP 17.11% 300,000 $52.7M
3 Linonia Partnership LP 16.07% 4,924,626 $865.1M
4 Oberndorf William E 14.87% 45,153 $7.9M
5 Sellaronda Global Management LP 12.67% 110,000 $19.3M
6 CDAM (UK) Ltd 10.33% 265,254 $46.6M
7 Nellore Capital Management LLC 10.04% 447,301 $78.6M
8 Ashe Capital Management, LP 9.99% 453,417 $79.6M
9 Lead Edge Capital Management, LLC 9.23% 214,409 $37.7M
10 Quantum Capital Management, LLC / NJ 7.13% 317,203 $55.7M
11 Seilern Investment Management Ltd 6.63% 316,325 $55.6M
12 RGM Capital, LLC 6.03% 556,572 $124.2M
13 Makena Capital Management LLC 3.15% 155,298 $27.3M
14 ThornTree Capital Partners LP 3.03% 97,238 $17.1M
15 Capital Impact Advisors, LLC 2.88% 40,574 $7.1M
16 Brown Capital Management LLC 2.87% 114,935 $20.2M
17 Edmond de Rothschild Holding S.A. 2.76% 1,084,798 $190.6M
18 Long Path Partners LP 2.63% 32,909 $5.8M
19 KR Capital LP 2.60% 73,797 $13.0M
20 Prosight Management, LP 2.49% 86,480 $15.2M
21 Mark Sheptoff Financial Planning, LLC 2.47% 27,247 $4.7M
22 Old North State Wealth Management, LLC 2.07% 25,525 $4.5M
23 Jensen Investment Management Inc 1.96% 566,467 $99.5M
24 American Capital Management Inc 1.95% 206,218 $36.2M
25 Greenoaks Capital Partners LLC 1.91% 250,000 $43.9M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Veeva Sys Inc (VEEV)

What does the Smart Money Trend signal show for VEEV?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their VEEV positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for VEEV?

More sellers than buyers — 48% buying: Last quarter: 583 funds reduced or exited vs 537 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for VEEV holders?

Elite ownership — 40% AUM from top-100 funds: 63 of 1014 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in VEEV. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held VEEV?

61% of holders stayed for 2+ years: 619 out of 1,019 hedge funds have held VEEV for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Veeva Sys Inc (VEEV) following the 2026 Q1 hedge fund 13F filings?

As of today, VEEV has moved +0.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +6.0% for the XLV sector ETF — an outperformance of -5.6%. Since the quarter end (March 31, 2026), VEEV has gained -9.2% vs +4.9% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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