Veeva Systems

VEEV • NYSE

Veeva Systems is a medical - healthcare information services company in the healthcare sector on NYSE, led by Peter Gassner, with a market cap of $36.0B. As of Q3 2025, 85% of shares are held by 1,086 institutional investors, with VANGUARD GROUP INC as the largest holder at 9.41%.

CEOPeter Gassner

Market Cap$36.0B

Medical - Healthcare Information Services

Healthcare

Employees7.2K

Websiteveeva.com

Country

United States of America

Overview

Overview of institutional ownership in VEEV as of Q3 2025 with a market cap of $48.8B

All Institutions

Institutions: 1,086
Value Held: $41.3B
Shares Held: 138.8M
Avg Position: $38.0M
Median Position: $1.2M

Hedge Funds

Hedge Funds: 65
Value Held: $3.6B
Shares Held: 12.1M
Avg Position: $55.4M
Median Position: $3.4M

Ownership Breakdown

Institutional (non-HF)

77.2%

$37.7B

Hedge Funds

7.38%

$3.6B

Retail & Other

15.42%

$7.5B

Based on market cap of $48.8B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in VEEV as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$4.6B 0.07% of portfolio	9.41% 15.4M shares	Q4 2013 Held for 12 years	$6.69T
BlackRock, Inc. Institution	Laurence D. Fink CEO	$3.3B 0.06% of portfolio	6.83% 11.2M shares	Q4 2013 Held for 12 years	$5.67T
FMR LLC Institution	-	$2.0B 0.10% of portfolio	4.02% 6.6M shares	Q4 2013 Held for 12 years	$1.92T
ALLIANCEBERNSTEIN L.P. Long Only Manager	Seth Perry Bernstein CEO	$1.8B 0.56% of portfolio	3.62% 5.9M shares	Q4 2013 Held for 12 years	$317.45B
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$1.2B 0.72% of portfolio	2.38% 3.9M shares	Q3 2022 Held for 3y 3m	$161.58B
PRINCIPAL FINANCIAL GROUP INC Institution	Deanna Strable CEO	$1.1B 0.58% of portfolio	2.35% 3.8M shares	Q4 2014 Held for 11 years	$197.71B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$1.0B 0.04% of portfolio	2.14% 3.5M shares	Q4 2013 Held for 12 years	$2.88T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$1.0B 0.07% of portfolio	2.12% 3.5M shares	Q4 2013 Held for 12 years	$1.56T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$935.8M 0.06% of portfolio	1.92% 3.1M shares	Q4 2013 Held for 12 years	$1.57T
L Linonia Partnership LP Institution	-	$884.9M 19.41% of portfolio	1.81% 3.0M shares	Q4 2023 Held for 2 years	$4.6B

Net Capital Flow

Institutional buying and selling activity for VEEV in Q3 2025

Traded: +$367.7M
Buyers: 561
Sellers: 457
Total Bought: +$3.7B
Total Sold: −$3.3B
Avg Position: $34.8M

Biggest Buyers

Institution	Net Bought	Current Position
A Alphinity Investment Management Pty Ltd Institution	+$422.2M +1.4M shares	$422.2M 1.4M shares
L Linonia Partnership LP Institution	+$267.9M +899.2K shares	$884.9M 3.0M shares
FMR LLC Institution	+$263.2M +883.5K shares	$2.0B 6.6M shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$168.1M +574.2K shares	$706.1M 2.4M shares
VANGUARD GROUP INC Institution	+$136.4M +457.8K shares	$4.6B 15.4M shares
JENSEN INVESTMENT MANAGEMENT INC Long Only Manager	+$117.0M +392.8K shares	$123.1M 413.2K shares
PRINCIPAL FINANCIAL GROUP INC Institution	+$115.8M +388.9K shares	$1.1B 3.8M shares
FRANKLIN RESOURCES INC Institution	+$102.3M +343.3K shares	$515.2M 1.7M shares
BlackRock, Inc. Institution	+$95.4M +320.1K shares	$3.3B 11.2M shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	+$92.2M +309.7K shares	$244.7M 821.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
VAN ECK ASSOCIATES CORP ETF Provider	−$201.9M −677.7K shares	$73.4M 246.5K shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	−$174.9M −587.1K shares	$365.4M 1.2M shares
G GENERATION INVESTMENT MANAGEMENT LLP Institution	−$166.3M −577.5K shares	Sold Off 0 shares
T T. Rowe Price Investment Management, Inc. Insurance Manager	−$157.1M −527.5K shares	$1.2B 3.9M shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	−$145.1M −487.2K shares	$705.3M 2.4M shares
N Nuveen, LLC Institution	−$122.8M −412.2K shares	$473.0M 1.6M shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	−$118.9M −399.0K shares	$119.8M 402.0K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	−$118.1M −396.6K shares	$94.8M 318.3K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$110.7M −371.6K shares	$458.5M 1.5M shares
GOLDMAN SACHS GROUP INC Institution	−$106.6M −357.9K shares	$178.7M 599.9K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited VEEV in Q3 2025

New Positions: 71
New Value: $560.5M
Exited Positions: 101
Exited Value: $633.2M

New Positions

Institution	Position Value
A Alphinity Investment Management Pty Ltd Institution	$422.2M 1.4M shares
GREENOAKS CAPITAL PARTNERS LLC Venture Capital	$69.4M 233.0K shares
B BARLOW WEALTH PARTNERS, INC. RIA/Wealth	$15.7M 54.0K shares
E EAGLE GLOBAL ADVISORS LLC Hedge Fund•Multi-Strategy	$9.6M 32.3K shares
Touchstone Capital, Inc. RIA/Wealth	$9.2M 31.0K shares
GENEVA CAPITAL MANAGEMENT LTD/WI Long Only Manager	$6.7M 22.5K shares
Compass Wealth Management LLC RIA/Wealth	$4.9M 62.8K shares
Alaethes Wealth LLC RIA/Wealth	$1.7M 5.7K shares
B BRIDGER CAPITAL MANAGEMENT, LLC RIA/Wealth	$1.6M 5.5K shares
Main Management ETF Advisors, LLC Institution	$1.6M 5.4K shares

Exited Positions

Institution	Previous Position
G GENERATION INVESTMENT MANAGEMENT LLP Institution	$166.3M 577.5K shares
WORLDQUANT MILLENNIUM QUANTITATIVE STRATEGIES LLC Hedge Fund•Multi-Strategy	$89.6M 311.0K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	$86.4M 300.1K shares
A AXA Institution	$67.4M 234.2K shares
Spyglass Capital Management LLC Long Only Manager	$59.1M 205.1K shares
Symphony Financial, Ltd. Co. RIA/Wealth	$27.1M 94.2K shares
H HRT FINANCIAL LLC Institution	$20.8M 72.3K shares
Aquatic Capital Management LLC Hedge Fund•Quant	$13.9M 48.4K shares
Connor, Clark & Lunn Investment Management Ltd. Long Only Manager	$8.5M 29.6K shares
Westend Capital Management LLC Hedge Fund•Multi-Strategy	$8.1M 28.1K shares

Options Activity

Institutions with the largest Call and Put options positions in VEEV as of Q3 2025

Call Positions: 25
Call Value: $492.7M
Put Positions: 20
Put Value: $261.6M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$173.4M 5.8K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$91.9M 3.1K contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$40.8M 1.4K contracts
Walleye Trading LLC RIA/Wealth	$34.9M 1.2K contracts
P PEAK6 LLC Institution	$34.8M 1.2K contracts
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$28.7M 963.0 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$23.0M 772.0 contracts
W WOLVERINE TRADING, LLC Institution	$19.5M 665.0 contracts
J JANE STREET GROUP, LLC Institution	$16.6M 558.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$6.1M 204.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$66.1M 2.2K contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$55.4M 1.9K contracts
Walleye Trading LLC RIA/Wealth	$39.3M 1.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$36.7M 1.2K contracts
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$24.4M 820.0 contracts
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$10.2M 341.0 contracts
J JANE STREET GROUP, LLC Institution	$8.3M 280.0 contracts
W WOLVERINE TRADING, LLC Institution	$6.3M 214.0 contracts
P PEAK6 LLC Institution	$5.5M 185.0 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$4.3M 145.0 contracts

Most Committed Institutions

Institutions with VEEV as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
E EMERGENCE GP PARTNERS, LLC Institution	-	72.82% $149.0M	0.31% 500.0K shares	Q4 2023 Held for 2 years	$204.5M
L Linonia Partnership LP Institution	-	19.41% $884.9M	1.81% 3.0M shares	Q4 2023 Held for 2 years	$4.6B
O OBERNDORF WILLIAM E Institution	-	14.95% $11.1M	0.02% 37.2K shares	Q4 2023 Held for 2 years	$74.2M
CDAM Ltd Hedge Fund•Value	Adam Chamberlain CEO	12.25% $67.9M	0.14% 228.0K shares	Q1 2025 Held for 9 months	$554.4M
A Ashe Capital Management, LLC Hedge Fund•Value	William Charles Crowley CEO	11.56% $164.0M	0.34% 550.5K shares	Q1 2024 Held for 1y 9m	$1.4B
N Nellore Capital Management LLC Hedge Fund•Long/Short	Sakya Venkat Duvvuru Managing Partner	10.12% $92.8M	0.19% 311.3K shares	Q1 2022 Held for 3y 9m	$916.8M
Quantum Capital Management, LLC / NJ RIA/Wealth	John J. Hughes President	9.35% $85.3M	0.17% 286.2K shares	Q1 2022 Held for 3y 9m	$912.1M
Stockbridge Partners LLC Hedge Fund•Long/Short	Marni Fox Payne Managing Partner	7.52% $389.1M	0.80% 1.3M shares	Q4 2024 Held for 1 year	$5.2B
S Seilern Investment Management Ltd Institution	-	6.33% $87.6M	0.18% 294.2K shares	Q4 2024 Held for 1 year	$1.4B
RGM Capital, LLC Hedge Fund•Value	Robert Glyn Moses Managing Partner	5.89% $139.9M	0.29% 469.7K shares	Q4 2024 Held for 1 year	$2.4B

Hedge Fund Spotlight

Discover hedge funds investing in VEEV

TWO SIGMA INVESTMENTS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerScott David Hoffman

Portfolio Value: $62.0B
Positions: 3,253
Last Reported: Q3 2025

Sector Allocation

Position in Veeva Systems

Market Value: $94.8M
Shares Held: 318.3K
Portfolio Weight: 0.15%
Owned Since: 2016-Q2

Top Holding	Sector	Market Value	Weight
1 SPDR S&P 500 ETF Trust SPY	ETF ETF	$680.4M	1.10%
2 Financial Select Sector SPDR Fund XLF	ETF ETF	$582.6M	0.94%
3 Consumer Staples Select Sector SPDR Fund XLP	ETF ETF	$489.6M	0.79%