Top 5 Stock Picks of Anand Parekh’s Alyeska Investment Group

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In this article, we discuss the top 5 stock picks of Anand Parekh’s Alyeska Investment Group. If you want to read our detailed analysis of Parekh’s history, and hedge fund performance, go directly to the Top 10 Stock Picks of Anand Parekh’s Alyeska Investment Group.

5. Veeva Systems Inc. (NYSE:VEEV)

Alyeska Investment Group’s Stake Value: $104.1 million
Percentage of Alyeska Investment Group’s 13F Portfolio: 1.31%
No. of Hedge Fund Holders: 44

Founded in 2007, Veeva Systems Inc. (NYSE:VEEV) is a leading provider of cloud-based software solutions. The company caters to regulated industries including consumer goods, chemical, cosmetics, and life sciences. The company has its headquarters in the San Francisco Bay Area, with offices across North America, Europe, Asia, and Latin America.

At the end of the third quarter of 2021, 44 funds out of the 867 tracked by Insider Monkey had stakes in Veeva Systems Inc. (NYSE:VEEV). The company represents 1.31% of the total investment portfolio of the hedge fund at the end of the third quarter of 2021.

Citi Group lowered its price target on Veeva Systems Inc. (NYSE:VEEV) to $349 from $356 and maintained its “Buy” rating.



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