Melvin Capital Management’s Adobe ADBE Stock Holding History

Melvin 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
2021 Q1	–	Sell	-683,243	Closed	-$342M	–	85
2020 Q4	$342M	Sell	683,243 -193,375	-22%	-$93.4M	1.44%	22
2020 Q3	$430M	Buy	876,618 +561,618	+178%	+$261M	2.14%	17
2020 Q2	$137M	Sell	315,000 -60,000	-16%	-$22.2M	0.81%	36
2020 Q1	$119M	Sell	375,000 -275,000	-42%	-$94.1M	0.95%	38
2019 Q4	$214M	Sell	650,000 -816,437	-56%	-$240M	1.76%	22
2019 Q3	$405M	Buy	1,466,437 +530,397	+57%	+$155M	3.28%	7
2019 Q2	$276M	Sell	936,040 -144,224	-13%	-$40.1M	2.82%	10
2019 Q1	$288M	Sell	1,080,264 -479,664	-31%	-$121M	3.37%	11
2018 Q4	$353M	Buy	+1,559,928	New	+$377M	4.8%	2
2018 Q3	–	Sell	-100,000	Closed	-$24.4M	–	96
2018 Q2	$24.4M	Sell	100,000 -250,000	-71%	-$59.1M	0.22%	80
2018 Q1	$75.6M	Buy	350,000 +50,000	+17%	+$10.2M	0.72%	42
2017 Q4	$52.6M	Sell	300,000 -95,000	-24%	-$16.3M	0.5%	47
2017 Q3	$58.9M	Sell	395,000 -458,140	-54%	-$68.4M	0.71%	44
2017 Q2	$121M	Buy	853,140 +253,140	+42%	+$34.7M	1.58%	17
2017 Q1	$78.1M	Sell	600,000 -100,000	-14%	-$11.7M	1.34%	24
2016 Q4	$72.1M	Buy	700,000 +75,000	+12%	+$7.94M	1.87%	18
2016 Q3	$67.8M	Buy	625,000 +125,000	+25%	+$12.5M	1.79%	21
2016 Q2	$47.9M	Sell	500,000 -125,000	-20%	-$12M	1.54%	23
2016 Q1	$58.6M	Buy	625,000 +25,000	+4%	+$2.17M	2.21%	16
2015 Q4	$56.4M	Buy	600,000 +275,000	+85%	+$24.7M	2.67%	12
2015 Q3	$26.7M	Buy	+325,000	New	+$26.3M	1.5%	28

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

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

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

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

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

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

Janus Henderson Group London, United Kingdom $209B AUM 37.72% 1-Year Est. Return

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

Jennison Associates New York $145B AUM 34.61% 1-Year Est. Return

Melvin Capital Management's ADBE Position: Q1 2021 in Review

Melvin Capital Management sold out of Adobe (ADBE) in Q1 2021, closing a stake of 683,243 shares — an estimated $342M sold.

Melvin Capital Management first reported a position in ADBE in Q3 2015 and held it in 21 quarters. The position peaked at $430M in Q3 2020. 2,155 funds tracked by Wall St. Rank hold ADBE as of Q1 2021.

Melvin Capital Management reported no remaining Adobe position as of Q1 2021 after selling out during the quarter.
Melvin Capital Management sold 683,243 Adobe shares in Q1 2021, an estimated $342M.
Melvin Capital Management first reported a position in Adobe in Q3 2015 and held it in 21 quarters.
Melvin Capital Management's Adobe position peaked at $430M in Q3 2020.
2,155 funds tracked by Wall St. Rank held Adobe as of Q1 2021.

Based on Melvin Capital Management's 13F filing for Q1 2021, filed 17 May 2021.