What smart money is saying about Veeva Systems
4 funds in our archive have pitched Veeva Systems — most recently Fundsmith Equity Fund in June 2026.
Veeva Systems Inc. is a leading provider of cloud-based software solutions, exclusively dedicated to the global life sciences industry. Its extensive operational presence spans across North America, Europe, the Asia Pacific region, the Middle East, Africa, and Latin America. The company's product portfolio is primarily structured around two major offerings. First, the Veeva Commercial Cloud delivers an integrated suite of software, data, and analytics tools designed to optimize commercial operations. This includes vital applications such as Veeva Customer Relationship Management (CRM) and its specialized Medical CRM, Veeva Closed Loop Marketing (CLM), sophisticated analytics via Veeva CRM MyInsights, approved email communication with Veeva CRM Approved Email, digital engagement tools like Veeva CRM Engage, commercial alignment through Veeva Align, event management capabilities with Veeva CRM Events Management, data warehousing solutions (Veeva Nitro), data services (Veeva OpenData, Veeva Link), master data management (Veeva Network), advanced analytical insights (Veeva Crossix, Veeva Data Cloud), and patient engagement platforms (MyVeeva for Patients). Secondly, Veeva Vault provides a robust collection of cloud-native enterprise content and data management applications. These applications are engineered to support both critical commercial functions—encompassing sales, marketing, and medical content and communications—and comprehensive research and development processes, including clinical trials, regulatory compliance, quality management, and patient safety. Beyond its software, Veeva offers a wide array of professional and support services. These range from strategic implementation and deployment planning, project management, and detailed requirements analysis to solution design and configuration. They also include system environment management and deployment, expert consulting for business process transformation related to Veeva solutions, technical guidance on data migration and systems integrations, comprehensive training programs, and ongoing managed services such as outsourced systems administration. Tracing its origins, the company was incorporated in 2007 as Verticals onDemand, Inc., and subsequently rebranded to Veeva Systems Inc. in April 2009. Its corporate headquarters are situated in Pleasanton, California.
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Position history
Between Q3 2025 and Q3 2026, 15 fund letters reported a position in Veeva Systems — 4 opened or added to the position, 1 trimmed or exited.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 3 | 0 | 0 | 0 |
| Q2 2026 | 6 | 4 | 0 | 3 |
| Q1 2026 | 3 | 0 | 1 | 1 |
| Q4 2025 | 1 | 0 | 0 | 0 |
| Q3 2025 | 2 | 0 | 0 | 0 |
Fund activity · 15 positions · 5 moves
- HoldsAcatisSeptember 2026
“Veeva Systems (+38.9%): Veeva Systems, a SaaS company (Software as a Service such as Salesforce, SAP, ServiceNow, Adobe) and market leader in the health care sector, saw its shares price increase”
Veeva Systems - August 2026
“>ey contributors to performance included- Veeva Systems- The leading provider of cloud-based software and data solutions for the life sciences industry was the portfolio’s best performer in August, supported by another strong earnings result and further upgrade to full-year guidance.”
Veeva Systems - HoldsBlueBox Global Technology FundAugust 2026
Listed in BlueBox Global Technology Fund’s reported holdings.
Veeva Systems - New positionFundsmith Equity FundJune 2026
“We began accumulating stakes in AppLovin, GE Vernova, Legrand, Mastercard, Netflix, Nextpower, Sage, The TJX Companies, TSMC, Uber, Veeva Systems, and Yum! Brands.”
Veeva Systems - New positionAntipodes Global SMID Active ETFJune 2026
“We re-entered Veeva Systems following a meaningful de-rating.”
Veeva Systems - New positionVulcan Value Partners Investment StrategiesJune 2026
“We purchased three new positions during the quarter: Veeva Systems Inc., Equifax Inc., and ServiceNow Inc.”
Veeva Systems - June 2026
“Veeva Systems, Inc. 2.22”
Veeva Systems - New positionVulcan Value Partners Quarterly FundJune 2026
“We purchased three new positions during the quarter: Veeva Systems Inc., Equifax Inc., and ServiceNow Inc.”
Veeva Systems - April 2026
“Other detractors included the likes of Tractor Supply (Consumer Discretionary), Veeva Systems (Health Care) and BJ’s Wholesale Club (Consumer Staples).”
Veeva Systems - March 2026
“We maintain full conviction in the position.”
Veeva Systems - ExitedLarge-Cap GrowthMarch 2026
“ While we believe Veeva Systems (VEEV) remains well positioned within life sciences software, increasing uncertainty around competitive dynamics— particularly in CRM following Salesforce’s push into the vertical—as well as the role of vertical software in an evolving AI landscape weighed on near- term visibility. Given this backdrop, we chose to exit the position and invest the proceeds into Alnylam Pharmaceuticals.”
Veeva Systems - March 2026
“Our preferences among Health Care stocks are those companies providing novel therapies for unmet needs that command premium pricing, or specialized service providers. Veeva Systems Inc. provides cloud-based software for the life sciences industry.”
Veeva Systems - HoldsThe Ithaka GroupDecember 2025
“Veeva Systems Inc. (VEEV) Since its inception, Veeva Systems has grown to become the leading SaaS provider of cloud solutions for the global life sciences industry. Veeva’s industry-specific cloud solutions provide data, software, and services to address a broad range of needs, including multi-channel customer relationship management, content management, master data management, and customer data management. Veeva’s products help its customers bring products to market faster while maintaining compliance with government regulations. Veeva’s underperformance in the quarter followed its earnings announcement in mid-November.”
Veeva Systems - September 2025
Listed in Brown Capital Small Company Fund’s reported holdings.
Veeva Systems - HoldsConestogaSeptember 2025
Listed in Conestoga’s reported holdings.
Veeva Systems
Also mentioned · 2
These funds discuss Veeva Systems — as a competitor, benchmark or comparable — without disclosing a position in it.
- June 2026
Named in a table in Goodhart Partners Global Future Leaders Fund’s letter.
Veeva Systems - MentionedAlluvium Global FundMarch 2026
“➢ Veeva Systems provides cloud services for the life sciences industry, and has annual revenue of USD 3.2b.”
Veeva Systems
Fund coverage · 4 theses
- Fundsmith Equity FundJune 2026
Veeva Systems provides mission-critical cloud software for life sciences, with very high switching costs, dominant market share, and AI-enabled upsell potential.
Read the full thesis - Vulcan Value Partners Quarterly FundJune 2026
Veeva is the dominant life sciences software platform with mission-critical, regulated workflows, resilient demand, and AI as a growth driver.
Read the full thesis - Antipodes Global SMID Active ETFJune 2026
Veeva Systems is viewed as a potential AI winner whose agents can deepen workflow embeddedness and strengthen its system-of-record position.
Read the full thesis - Buffalo Mid Cap Discovery FundMarch 2026
Veeva Systems sells validated cloud software for life sciences and benefits from mission-critical workflows, switching costs, and potential AI-driven market expansion.
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