AKRE Capital Management’s Adobe ADBE Stock Holding History

AKRE Capital Management’s Portfolio ADBE Stock Details ADBE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q3	–	Sell	-1,064,081	Closed	-$520M	–	19
2023 Q2	$520M	Sell	1,064,081 -135,000	-11%	-$54.4M	4.33%	10
2023 Q1	$462M	Sell	1,199,081 -40,477	-3%	-$14.4M	4.07%	10
2022 Q4	$417M	Sell	1,239,558 -426,337	-26%	-$136M	3.77%	11
2022 Q3	$458M	Buy	1,665,895 +5,500	+0.3%	+$2.08M	4.04%	11
2022 Q2	$608M	Buy	1,660,395 +93,305	+6%	+$38M	4.87%	9
2022 Q1	$714M	Buy	1,567,090 +37,000	+2%	+$17.8M	4.87%	9
2021 Q4	$868M	Buy	1,530,090 +105	+0%	+$65.6K	4.84%	8
2021 Q3	$881M	Sell	1,529,985 -105	-0%	-$66.1K	5.42%	8
2021 Q2	$896M	Buy	1,530,090 +220	+0%	+$113K	5.52%	6
2021 Q1	$727M	Buy	1,529,870 +389,870	+34%	+$182M	4.95%	8
2020 Q4	$570M	Hold	1,140,000	–	–	3.85%	11
2020 Q3	$559M	Hold	1,140,000	–	–	3.94%	10
2020 Q2	$496M	Hold	1,140,000	–	–	3.74%	10
2020 Q1	$363M	Buy	+1,140,000	New	+$390M	3.52%	10

Other funds holding ADBE

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Primecap Management Pasadena, California $127B AUM 44.11% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

AKRE Capital Management's ADBE Position: Q3 2023 in Review

AKRE Capital Management sold out of Adobe (ADBE) in Q3 2023, closing a stake of 1,064,081 shares — an estimated $520M sold.

AKRE Capital Management first reported a position in ADBE in Q1 2020 and held it in 14 quarters. The position peaked at $896M in Q2 2021. 2,615 funds tracked by Wall St. Rank hold ADBE as of Q3 2023.

AKRE Capital Management reported no remaining Adobe position as of Q3 2023 after selling out during the quarter.
AKRE Capital Management sold 1,064,081 Adobe shares in Q3 2023, an estimated $520M.
AKRE Capital Management first reported a position in Adobe in Q1 2020 and held it in 14 quarters.
AKRE Capital Management's Adobe position peaked at $896M in Q2 2021.
2,615 funds tracked by Wall St. Rank held Adobe as of Q3 2023.

Based on AKRE Capital Management's 13F filing for Q3 2023, filed 13 Nov 2023.