Corvex Management’s Adobe ADBE Stock Holding History

Corvex 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
2024 Q1	–	Sell	-91,760	Closed	-$54.7M	–	39
2023 Q4	$54.7M	Hold	91,760	–	–	2.88%	15
2023 Q3	$46.8M	Sell	91,760 -4,240	-4%	-$2.22M	2.52%	16
2023 Q2	$46.9M	Buy	+96,000	New	+$38.7M	2.31%	16
2021 Q1	–	Sell	-76,148	Closed	-$38.1M	–	47
2020 Q4	$38.1M	Buy	76,148 +550	+0.7%	+$266K	1.36%	18
2020 Q3	$37.1M	Sell	75,598 -8,910	-11%	-$4.14M	2.13%	15
2020 Q2	$36.8M	Sell	84,508 -88,325	-51%	-$32.7M	2.24%	15
2020 Q1	$55M	Sell	172,833 -71,700	-29%	-$24.5M	4.25%	7
2019 Q4	$80.6M	Hold	244,533	–	–	3.72%	8
2019 Q3	$67.6M	Buy	244,533 +70,126	+40%	+$20.5M	3.35%	6
2019 Q2	$51.4M	Sell	174,407 -95,500	-35%	-$26.5M	1.94%	11
2019 Q1	$71.9M	Buy	+269,907	New	+$68M	5.02%	5

Other funds holding ADBE

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

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Primecap Management Pasadena, California $169B AUM 114.72% 1-Year Est. Return

Corvex Management's ADBE Position: Q1 2024 in Review

Corvex Management sold out of Adobe (ADBE) in Q1 2024, closing a stake of 91,760 shares — an estimated $54.7M sold.

Corvex Management first reported a position in ADBE in Q1 2019 and held it in 11 quarters. The position peaked at $80.6M in Q4 2019. 2,780 funds tracked by Wall St. Rank hold ADBE as of Q1 2024.

Corvex Management reported no remaining Adobe position as of Q1 2024 after selling out during the quarter.
Corvex Management sold 91,760 Adobe shares in Q1 2024, an estimated $54.7M.
Corvex Management first reported a position in Adobe in Q1 2019 and held it in 11 quarters.
Corvex Management's Adobe position peaked at $80.6M in Q4 2019.
2,780 funds tracked by Wall St. Rank held Adobe as of Q1 2024.

Based on Corvex Management's 13F filing for Q1 2024, filed 15 May 2024.