Third Point’s Adobe ADBE Stock Holding History

Third Point’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	-455,000	Closed	-$228M	–	126
2020 Q4	$228M	Sell	455,000 -185,000	-29%	-$89.4M	1.75%	22
2020 Q3	$314M	Sell	640,000 -25,000	-4%	-$11.6M	3.14%	12
2020 Q2	$289M	Hold	665,000	–	–	3.96%	10
2020 Q1	$212M	Sell	665,000 -285,000	-30%	-$97.5M	3.38%	10
2019 Q4	$313M	Buy	950,000 +125,000	+15%	+$36.8M	3.6%	9
2019 Q3	$228M	Sell	825,000 -100,000	-11%	-$29.2M	2.71%	14
2019 Q2	$273M	Buy	925,000 +25,000	+3%	+$6.94M	3.19%	8
2019 Q1	$240M	Hold	900,000	–	–	2.67%	10
2018 Q4	$204M	Hold	900,000	–	–	3.13%	11
2018 Q3	$243M	Buy	900,000 +200,000	+29%	+$51.6M	1.7%	20
2018 Q2	$171M	Buy	700,000 +300,000	+75%	+$71M	1.19%	25
2018 Q1	$86.4M	Buy	+400,000	New	+$81.3M	0.65%	29

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

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

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

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

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

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

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

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

Jennison Associates New York $167B AUM 44.17% 1-Year Est. Return

Third Point's ADBE Position: Q1 2021 in Review

Third Point sold out of Adobe (ADBE) in Q1 2021, closing a stake of 455,000 shares — an estimated $228M sold.

Third Point first reported a position in ADBE in Q1 2018 and held it in 12 quarters. The position peaked at $314M in Q3 2020. 2,156 funds tracked by Wall St. Rank hold ADBE as of Q1 2021.

Third Point reported no remaining Adobe position as of Q1 2021 after selling out during the quarter.
Third Point sold 455,000 Adobe shares in Q1 2021, an estimated $228M.
Third Point first reported a position in Adobe in Q1 2018 and held it in 12 quarters.
Third Point's Adobe position peaked at $314M in Q3 2020.
2,156 funds tracked by Wall St. Rank held Adobe as of Q1 2021.

Based on Third Point's 13F filing for Q1 2021, filed 14 May 2021.