Adobe
ADBE
2,829 hedge funds and large institutions have $227B invested in Adobe in 2023 Q4 according to their latest regulatory filings, with 372 funds opening new positions, 1,064 increasing their positions, 1,084 reducing their positions, and 128 closing their positions.
191% more first-time investments, than exits
New positions opened: 372 | Existing positions closed: 128
21% more capital invested
Capital invested by funds: $188B → $227B (+$38.7B)
8% more funds holding
Funds holding: 2,616 → 2,829 (+213)
8% more funds holding in top 10
Funds holding in top 10: 169 → 182 (+13)
2.78% more ownership
Funds ownership: 81.38% → 84.16% (+2.8%)
2% less repeat investments, than reductions
Existing positions increased: 1,064 | Existing positions reduced: 1,084
23% less call options, than puts
Call options by funds: $6.46B | Put options by funds: $8.41B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.72B |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.08B |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$891M |
| 4 |
BlackRock
New York
|
+$872M |
| 5 |
State Street
Boston,
Massachusetts
|
+$632M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
-$729M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$536M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$382M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$302M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
-$265M |
ADBE Hedge Fund Activity: Q4 2023 in Review
2,829 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q4 2023, worth a combined $227B — up 21% from $188B a quarter earlier.
Buyers outnumbered sellers: 372 funds opened new ADBE positions and 128 closed out — a net gain of 244 holders — while 1,064 added to existing stakes and 1,084 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.72B. The largest seller was Parnassus Investments, cutting an estimated $729M.
- 2,829 institutional investors held Adobe (ADBE) as of Q4 2023, up from 2,616 in Q3 2023.
- Funds reported $227B of Adobe stock for Q4 2023, up 21% quarter-over-quarter.
- 372 funds opened new Adobe positions in Q4 2023 and 128 closed out, a net change of +244 holders.
- The largest Adobe buyer in Q4 2023 was Morgan Stanley, an estimated $5.72B added.
- The largest Adobe seller in Q4 2023 was Parnassus Investments, an estimated $729M sold.
Based on aggregated 13F filings for Q4 2023.