10 Best Small-Cap Value Stocks to Buy According to Bares Capital

8. Veeva Systems Inc. (NYSE:VEEV)

Bares Capital Management’s Stake: $22 Million

Veeva Systems Inc. (NYSE:VEEV) first appeared in the 13F portfolio of Bares Capital in the first quarter of 2024. Back then, this position comprised 108,000 shares. The fund steadily added to this stake and by the fourth quarter of 2024, it owned over 130,000 shares in the firm. Thereafter, it started trimming the position. Filings for the third quarter of 2025 show that the fund owned a little over 73,000 shares in the firm, down more than 21% compared to filings for the second quarter of 2025. Veeva provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America. The company offers Veeva Commercial Cloud comprising Veeva Vault CRM Suite for pharmaceutical and biotechnology companies; Veeva Medical that provides source of medical content across multiple channels and geographies.

READ ALSO: 15 Under-the-Radar Picks from David Einhorn That Are Quietly Dominating 2026.

Veeva Systems Inc. (NYSE:VEEV) is turning heads on Wall Street as it pivots to agentic AI. Unlike generic AI tools, Veeva is integrating industry-specific AI agents directly into the Vault platform. Veeva has already officially released AI Agents for Safety and Quality applications. Because these agents have secure, direct access to the most critical datasets in the industry, like clinical trials and regulatory filings, they provide a level of automation that general-purpose AI cannot match. Institutions view this as a way for Veeva to increase wallet share within existing top 20 biopharma clients without having to significantly increase sales overhead. The firm also recently announced the acquisition of Ostro, a leading brand engagement platform.