ValueAct Holdings’s Adobe ADBE Stock Holding History

ValueAct Holdings’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
2016 Q2	–	Sell	-6,000	Closed	-$563K	–	15
2016 Q1	$563K	Sell	6,000 -14,004,739	-100%	-$1.21B	0.01%	13
2015 Q4	$1.32B	Hold	14,010,739	–	–	9.11%	3
2015 Q3	$1.15B	Sell	14,010,739 -1,693,000	-11%	-$137M	6.7%	7
2015 Q2	$1.27B	Sell	15,703,739 -303,014	-2%	-$23.6M	6.7%	6
2015 Q1	$1.18B	Hold	16,006,753	–	–	6.54%	6
2014 Q4	$1.16B	Sell	16,006,753 -7,853,363	-33%	-$550M	7.29%	4
2014 Q3	$1.65B	Sell	23,860,116 -700,000	-3%	-$49.6M	11.07%	4
2014 Q2	$1.78B	Sell	24,560,116 -750,000	-3%	-$48.4M	13.14%	4
2014 Q1	$1.66B	Hold	25,310,116	–	–	12.56%	4
2013 Q4	$1.52B	Sell	25,310,116 -5,993,246	-19%	-$331M	12.53%	4
2013 Q3	$1.63B	Hold	31,303,362	–	–	14.67%	4
2013 Q2	$1.43B	Buy	+31,303,362	New	+$1.39B	14.65%	4

Other funds holding ADBE

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

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

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

State Street Boston, Massachusetts $2.9T AUM 29.55% 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

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

JHIU

Janus Henderson Investors US Denver, Colorado $122B AUM 18.26% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Sands Capital Management Arlington, Virginia $25.5B AUM 26.46% 1-Year Est. Return

ValueAct Holdings's ADBE Position: Q2 2016 in Review

ValueAct Holdings sold out of Adobe (ADBE) in Q2 2016, closing a stake of 6,000 shares — an estimated $563K sold.

ValueAct Holdings first reported a position in ADBE in Q2 2013 and held it in 12 quarters. The position peaked at $1.78B in Q2 2014. 838 funds tracked by Wall St. Rank hold ADBE as of Q2 2016.

ValueAct Holdings reported no remaining Adobe position as of Q2 2016 after selling out during the quarter.
ValueAct Holdings sold 6,000 Adobe shares in Q2 2016, an estimated $563K.
ValueAct Holdings first reported a position in Adobe in Q2 2013 and held it in 12 quarters.
ValueAct Holdings's Adobe position peaked at $1.78B in Q2 2014.
838 funds tracked by Wall St. Rank held Adobe as of Q2 2016.

Based on ValueAct Holdings's 13F filing for Q2 2016, filed 15 Aug 2016.