VEEVA SYS INC VEEV
CL A COM · Common Stock · CUSIP 922475108 · ISIN US9224751084
Cloud computing company
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($39.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $197.59. Options: 21 managers hold calls ($329.4m notional), 21 hold puts ($290.5m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 736 |
| Q4 2022 | 768 |
| Q1 2023 | 796 |
| Q2 2023 | 824 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 347 | 326 |
| Q1 2023 | 443 | 289 |
| Q2 2023 | 421 | 319 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $244.3m | $197.5m | 0.81 |
| Q4 2022 | $302.4m | $240.1m | 0.79 |
| Q1 2023 | $200.3m | $192.2m | 0.96 |
| Q2 2023 | $329.4m | $290.5m | 0.88 |
Biggest buyers
| Capital World Investors | New | +764.0k |
| MACQUARIE GROUP LTD | Added | +761.1k |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +591.3k |
| GENERATION INVESTMENT MANAGEMENT LLP | New | +503.5k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +492.8k |
| Nuveen Asset Management, LLC | Added | +486.6k |
| ALLIANCEBERNSTEIN L.P. | Added | +324.0k |
| Artisan Partners Limited Partnership | Added | +306.5k |
| Baird Financial Group, Inc. | Added | +277.1k |
| VAN ECK ASSOCIATES CORP | Added | +274.2k |
Biggest sellers
| Winslow Capital Management, LLC | Sold out | -2.5m |
| FMR LLC | Reduced | -2.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -986.5k |
| STRS OHIO | Reduced | -643.4k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -509.9k |
| Swedbank AB | Reduced | -397.7k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -338.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -315.1k |
| SEI INVESTMENTS CO | Reduced | -257.0k |
| Echo Street Capital Management LLC | Reduced | -227.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $114.5m579.1k shares |
| CITADEL ADVISORS LLC | Added | $70.9m358.5k shares |
| PEAK6 Investments LLC | Added | $58.4m295.1k shares |
| Walleye Trading LLC | Reduced | $23.5m118.6k shares |
| JANE STREET GROUP, LLC | Reduced | $13.4m67.9k shares |
| SIMPLEX TRADING, LLC | Added | $12.0m60.7k shares |
| Walleye Capital LLC | Added | $8.3m42.1k shares |
| GROUP ONE TRADING LLC | Reduced | $7.4m37.6k shares |
| WOLVERINE TRADING, LLC | Added | $6.5m33.1k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $6.0m30.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $67.0m338.8k shares |
| CITADEL ADVISORS LLC | Added | $42.3m213.7k shares |
| PEAK6 Investments LLC | Added | $29.3m148.4k shares |
| Balyasny Asset Management L.P. | New | $25.7m130.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $20.1m101.9k shares |
| Twin Tree Management, LP | New | $19.3m97.4k shares |
| Squarepoint Ops LLC | Added | $17.3m87.3k shares |
| SIMPLEX TRADING, LLC | Added | $14.4m72.7k shares |
| Walleye Capital LLC | Added | $12.5m63.0k shares |
| D. E. Shaw & Co., Inc. | Added | $11.2m56.8k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2026-07-30 | 7.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 6.9% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 5 | $11.6m | — |
| Q1 2022 | 0 | — | 2 | $2.4m | — |
| Q2 2022 | 0 | — | 3 | $7.1m | — |
| Q3 2022 | 0 | — | 3 | $3.4m | — |
| Q4 2022 | 0 | — | 5 | $88.2m | — |
| Q1 2023 | 0 | — | 6 | $474.4m | — |
| Q2 2023 | 0 | — | 3 | $3.1m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-12 | Chamberlain Paul Edward Director | Sold | $30.3k160 shares |
| 2023-06-02 | Cabral Timothy S Director · By the Cabral Family Trust, dated April 17, 2001 | Sold | $2.4m12.0k shares |
| 2023-06-02 | O'Connor Michele Chief Accounting Officer | Sold | $621.0k3.1k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.07% of their portfolio | 13.9m $2.8bn | Added +249.2k |
| Artisan Partners Limited Partnership 3.36% of their portfolio | 10.6m $2.1bn | Added +306.5k |
| BlackRock Inc. 0.05% of their portfolio | 8.5m $1.7bn | Reduced -21.9k |
| ALLIANCEBERNSTEIN L.P. 0.63% of their portfolio | 7.8m $1.5bn | Added +324.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.19% of their portfolio | 6.8m $1.3bn | Reduced -986.5k |
| T. Rowe Price Investment Management, Inc. 0.60% of their portfolio | 4.4m $879.0m | Added +9.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.11% of their portfolio | 3.0m $598.4m | Added +591.3k |
| STATE STREET CORP 0.03% of their portfolio | 3.0m $588.7m | Added +47.5k |
| Nuveen Asset Management, LLC 0.17% of their portfolio | 2.4m $481.0m | Added +486.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 2.3m $451.8m | Added +126.2k |
| FRANKLIN RESOURCES INC 0.20% of their portfolio | 2.1m $411.7m | Added +1.9k |
| MORGAN STANLEY 0.04% of their portfolio | 1.8m $364.2m | Reduced -158.0k |
| NORGES BANK 0.07% of their portfolio | 1.8m $357.7m | Added +143.7k |
| BROWN ADVISORY INC 0.53% of their portfolio | 1.7m $339.0m | Reduced -61.7k |
| BROWN CAPITAL MANAGEMENT LLC 4.50% of their portfolio | 1.6m $317.0m | Reduced -31.3k |
| FMR LLC 0.03% of their portfolio | 1.6m $314.1m | Reduced -2.3m |
| SEI INVESTMENTS CO 0.53% of their portfolio | 1.5m $306.0m | Reduced -257.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.10% of their portfolio | 1.5m $301.2m | Added +492.8k |
| BLAIR WILLIAM & CO/IL 1.05% of their portfolio | 1.5m $287.4m | Reduced -50.9k |
| Ownership Capital B.V. 4.98% of their portfolio | 1.4m $284.3m | Added +213.9k |
| VAN ECK ASSOCIATES CORP 0.60% of their portfolio | 1.4m $274.8m | Added +274.2k |
| Champlain Investment Partners, LLC 1.53% of their portfolio | 1.3m $249.3m | Added +3.8k |
| Swedbank AB 0.41% of their portfolio | 1.2m $230.0m | Reduced -397.7k |
| Amundi 0.11% of their portfolio | 1.1m $216.5m | Added +40.7k |
| MACQUARIE GROUP LTD 0.24% of their portfolio | 1.1m $212.5m | Added +761.1k |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 1.1m $208.5m | Reduced -193.1k |
| Capital International Investors 0.05% of their portfolio | 1.0m $207.0m | Added +29.1k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 925.9k $183.1m | Added +16.0k |
| Legal & General Group Plc 0.06% of their portfolio | 920.1k $181.9m | Added +35.8k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 885.2k $175.0m | Reduced -24.2k |
| Bank of New York Mellon Corp 0.04% of their portfolio | 881.9k $174.4m | Added +20.6k |
| Allspring Global Investments Holdings, LLC 0.26% of their portfolio | 815.6k $161.3m | Added +132.4k |
| FIRST TRUST ADVISORS LP 0.18% of their portfolio | 815.3k $161.2m | Added +195.2k |
| Echo Street Capital Management LLC 1.38% of their portfolio | 813.6k $160.9m | Reduced -227.7k |
| DF DENT & CO INC 2.10% of their portfolio | 786.5k $155.5m | Reduced -24.8k |
| ACADIAN ASSET MANAGEMENT LLC 0.62% of their portfolio | 764.7k $151.2m | Added +79.2k |
| Capital World Investors 0.03% of their portfolio | 764.0k $151.1m | New |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 756.7k $149.6m | Reduced -152.1k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.48% of their portfolio | 753.4k $149.0m | Added +33.4k |
| TD Asset Management Inc 0.16% of their portfolio | 713.6k $141.1m | Reduced -6.9k |
| BAMCO INC /NY/ 0.35% of their portfolio | 636.4k $125.8m | Reduced -102.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.16% of their portfolio | 615.2k $121.7m | Added +39.3k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 1.09% of their portfolio | 575.0k $113.7m | Added +121.5k |
| CREDIT SUISSE AG/ 0.11% of their portfolio | 556.8k $110.1m | Reduced -36.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 545.8k $107.9m | Added +24.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio | 540.1k $106.8m | Added +23.7k |
| Swiss National Bank 0.07% of their portfolio | 524.7k $103.7m | Reduced -33.0k |
| AXA S.A. 0.34% of their portfolio | 523.9k $103.6m | Added +79.9k |
| EAGLE ASSET MANAGEMENT INC 0.57% of their portfolio | 518.6k $102.6m | Added +197.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.05% of their portfolio | 508.0k $93.4m | Unchanged |
| GENERATION INVESTMENT MANAGEMENT LLP 0.48% of their portfolio | 503.5k $99.6m | New |
| Bridgewater Associates, LP 0.60% of their portfolio | 494.0k $97.7m | Added +14.3k |
| CIBC Private Wealth Group LLC 0.10% of their portfolio | 478.6k $94.6m | Added +206.6k |
| FEDERATED HERMES, INC. 0.22% of their portfolio | 456.5k $90.3m | Reduced -38 |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 454.9k $89.9m | Reduced -116.9k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 444.9k $88.0m | Added +33.0k |
| FRED ALGER MANAGEMENT, LLC 0.45% of their portfolio | 442.6k $87.5m | Added +17.5k |
| RIVERBRIDGE PARTNERS LLC 1.09% of their portfolio | 435.3k $86.1m | Reduced -3.8k |
| CONGRESS ASSET MANAGEMENT CO 0.72% of their portfolio | 417.7k $82.6m | Added +14.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.06% of their portfolio | 395.2k $78.1m | Reduced -63.6k |
| Handelsbanken Fonder AB 0.40% of their portfolio | 372.8k $73.7m | Added +11.0k |
| JANE STREET GROUP, LLC 0.10% of their portfolio | 368.4k $72.8m | Added +248.1k |
| MARTIN CURRIE LTD 2.36% of their portfolio | 354.5k $70.1m | Added +2.4k |
| TWO SIGMA ADVISERS, LP 0.17% of their portfolio | 331.9k $65.6m | Reduced -162.5k |
| TimesSquare Capital Management, LLC 0.92% of their portfolio | 324.0k $64.1m | Reduced -2.8k |
| AMERICAN CAPITAL MANAGEMENT INC 2.21% of their portfolio | 322.0k $63.7m | Reduced -16.4k |
| Baird Financial Group, Inc. 0.16% of their portfolio | 313.7k $62.0m | Added +277.1k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 308.4k $61.0m | Added +43.3k |
| Quantum Capital Management, LLC / NJ 7.27% of their portfolio | 304.8k $60.3m | Reduced -3.6k |
| STRS OHIO 0.25% of their portfolio | 303.7k $60.0m | Reduced -643.4k |
| CCLA Investment Management 1.10% of their portfolio | 301.9k $61.9m | Added +95.0k |
| Qube Research & Technologies Ltd 0.23% of their portfolio | 301.5k $59.6m | Added +52.9k |
| NATIXIS ADVISORS, LLC 0.17% of their portfolio | 283.7k $56.1m | Added +3.9k |
| Invesco Ltd. 0.01% of their portfolio | 281.6k $55.7m | Added +174.2k |
| Blue Whale Capital LLP 8.26% of their portfolio | 272.0k $53.8m | Reduced -39.5k |
| Bellevue Group AG 0.76% of their portfolio | 271.0k $53.6m | Added +8.1k |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC 1.25% of their portfolio | 266.3k $52.7m | Reduced -16.2k |
| Korea Investment CORP 0.15% of their portfolio | 263.5k $52.1m | Added +170.7k |
| California Public Employees Retirement System 0.04% of their portfolio | 262.2k $51.8m | Reduced -3.9k |
| LOOMIS SAYLES & CO L P 0.08% of their portfolio | 258.6k $51.1m | Reduced -3.4k |
| EDMOND DE ROTHSCHILD HOLDING S.A. 0.95% of their portfolio | 243.0k $48.1m | Added +134.3k |
| Fiera Capital Corp 0.14% of their portfolio | 242.6k $48.0m | Added +60.6k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 241.2k $47.7m | Added +21.1k |
| Russell Investments Group, Ltd. 0.09% of their portfolio | 240.6k $47.4m | Added +24.2k |
| AQR CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 237.6k $47.0m | Reduced -90.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.07% of their portfolio | 235.7k $46.6m | Added +3.2k |
| Epoch Investment Partners, Inc. 0.26% of their portfolio | 223.4k $44.2m | Added +27.1k |
| PANAGORA ASSET MANAGEMENT INC 0.26% of their portfolio | 222.4k $44.0m | Added +71.6k |
| PEREGRINE CAPITAL MANAGEMENT LLC 1.19% of their portfolio | 221.9k $43.9m | Added +31.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.07% of their portfolio | 221.9k $43.9m | Added +47.6k |
| MARSHALL WACE, LLP 0.09% of their portfolio | 216.4k $42.8m | Reduced -99.5k |
| Nellore Capital Management LLC 7.96% of their portfolio | 215.2k $42.5m | Added +15.0k |
| Allianz Asset Management GmbH 0.09% of their portfolio | 215.2k $42.5m | Reduced -100.8k |
| ARK Investment Management LLC 0.26% of their portfolio | 200.4k $39.6m | Reduced -8.2k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 199.3k $39.4m | Added +29.2k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 196.7k $38.9m | Reduced -6.4k |
| Chicago Capital, LLC 1.74% of their portfolio | 195.0k $38.6m | Added +1.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 193.5k $38.3m | Reduced -14.6k |
| National Pension Service 0.06% of their portfolio | 193.0k $37.7m | Added +2.4k |
| APG Asset Management N.V. 0.07% of their portfolio | 187.1k $33.9m | Added +31.0k |