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Palestra Capital Management’s Adobe ADBE Stock Holding History

Palestra 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
2020
Q1 		– Sell
-439,169
Closed -$145M – 27
2019
Q4 		$145M Sell
439,169
-105,645
-19% -$31.1M 4.31% 10
2019
Q3 		$151M Buy
544,814
+43,454
+9% +$12.7M 4.97% 8
2019
Q2 		$148M Buy
501,360
+87,720
+21% +$24.4M 4.29% 11
2019
Q1 		$110M Buy
+413,640
New +$104M 3.61% 15
2014
Q2 		– Sell
-406,958
Closed -$26.8M – 31
2014
Q1 		$26.8M Buy
+406,958
New +$26.1M 3.44% 16

Other funds holding ADBE

Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Primecap Management
Primecap Management Pasadena, California $127B AUM 44.11% 1-Year Est. Return
Bank of New York Mellon
Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return
Jennison Associates
Jennison Associates New York $145B AUM 34.61% 1-Year Est. Return
Janus Henderson Group
Janus Henderson Group London, United Kingdom $209B AUM 37.72% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
Massachusetts Financial Services
Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

Palestra Capital Management's ADBE Position: Q1 2020 in Review

Palestra Capital Management sold out of Adobe (ADBE) in Q1 2020, closing a stake of 439,169 shares — an estimated $145M sold.

Palestra Capital Management first reported a position in ADBE in Q1 2014 and held it in 5 quarters. The position peaked at $151M in Q3 2019. 1,786 funds tracked by Wall St. Rank hold ADBE as of Q1 2020.

  • Palestra Capital Management reported no remaining Adobe position as of Q1 2020 after selling out during the quarter.
  • Palestra Capital Management sold 439,169 Adobe shares in Q1 2020, an estimated $145M.
  • Palestra Capital Management first reported a position in Adobe in Q1 2014 and held it in 5 quarters.
  • Palestra Capital Management's Adobe position peaked at $151M in Q3 2019.
  • 1,786 funds tracked by Wall St. Rank held Adobe as of Q1 2020.

Based on Palestra Capital Management's 13F filing for Q1 2020, filed 15 May 2020.