Adobe
ADBE
564 hedge funds and large institutions have $23.1B invested in Adobe in 2013 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 148 increasing their positions, 249 reducing their positions, and 42 closing their positions.
64% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 42
24% more call options, than puts
Call options by funds: $210M | Put options by funds: $170M
13% more capital invested
Capital invested by funds: $20.5B → $23.1B (+$2.67B)
4% more funds holding
Funds holding: 541 → 564 (+23)
9% less funds holding in top 10
Funds holding in top 10: 22 → 20 (-2)
41% less repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 249
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$180M |
| 2 |
Aristotle Capital Management
Los Angeles,
California
|
+$105M |
| 3 |
PHS
PFM Health Sciences
San Francisco,
California
|
+$97.4M |
| 4 |
WIM
Waverton Investment Management
London,
United Kingdom
|
+$95.4M |
| 5 |
CCM
Conatus Capital Management
Greenwich,
Connecticut
|
+$67.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$282M |
| 2 |
THSP
Taube Hodson Stonex Partners
London,
United Kingdom
|
-$61.7M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$53.2M |
| 4 |
D.E. Shaw & Co
New York
|
-$49.7M |
| 5 |
Viking Global Investors
Stamford,
Connecticut
|
-$49.1M |
ADBE Hedge Fund Activity: Q3 2013 in Review
564 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q3 2013, worth a combined $23.1B — up 13% from $20.5B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new ADBE positions and 42 closed out — a net gain of 27 holders — while 148 added to existing stakes and 249 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $180M. The largest seller was Dodge & Cox, cutting an estimated $282M.
- 564 institutional investors held Adobe (ADBE) as of Q3 2013, up from 541 in Q2 2013.
- Funds reported $23.1B of Adobe stock for Q3 2013, up 13% quarter-over-quarter.
- 69 funds opened new Adobe positions in Q3 2013 and 42 closed out, a net change of +27 holders.
- The largest Adobe buyer in Q3 2013 was JP Morgan Chase, an estimated $180M added.
- The largest Adobe seller in Q3 2013 was Dodge & Cox, an estimated $282M sold.
Based on aggregated 13F filings for Q3 2013.