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Korea Investment CORP Reduces Veeva Systems Stock Holdings
Institutional investor lowers stake in cloud software company by 21.8% in Q3 2025
Published on Mar. 9, 2026
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Korea Investment CORP, a major institutional investor, lowered its position in shares of Veeva Systems Inc. (NYSE:VEEV) by 21.8% in the third quarter of 2025, according to the company's recent 13F filing with the Securities & Exchange Commission. The fund now owns 200,163 shares of the technology company's stock, valued at $59,631,000.
Why it matters
Veeva Systems is a leading provider of cloud-based software solutions for the global life sciences industry. Changes in major institutional holdings can signal shifts in investor sentiment and impact the company's stock price performance.
The details
Korea Investment CORP sold 55,644 shares of Veeva Systems during the third quarter, reducing its total stake to 200,163 shares. The fund now owns 0.12% of Veeva's outstanding shares. Several other hedge funds also made changes to their Veeva positions during the quarter, with some increasing and others decreasing their holdings.
- Korea Investment CORP filed its 13F report for Q3 2025 on March 9, 2026.
The players
Korea Investment CORP
A major South Korean sovereign wealth fund that invests globally on behalf of the Korean government.
Veeva Systems Inc.
A cloud software company that develops industry-specific applications and data solutions for the global life sciences sector.
The takeaway
The reduction in Korea Investment CORP's Veeva Systems holdings suggests a potential shift in investor sentiment around the company, though the overall impact on Veeva's stock price remains to be seen. Institutional investors' portfolio changes can provide insights into broader market trends and sentiment around a particular stock or sector.
