2,440 hedge funds and large institutions have $118B invested in Adobe in 2025 Q3 according to their latest regulatory filings, with 143 funds opening new positions, 903 increasing their positions, 1,129 reducing their positions, and 291 closing their positions.

New
Increased
Maintained
Reduced
Closed

less ownership

Funds ownership:

less funds holding

Funds holding:

less capital invested

Capital invested by funds: $ → $

less call options, than puts

Call options by funds: $ | Put options by funds: $

20% less repeat investments, than reductions

Existing positions increased: 903 | Existing positions reduced: 1,129

39% less funds holding in top 10

Funds holding in top 10: 5433 (-21)

51% less first-time investments, than exits

New positions opened: 143 | Existing positions closed: 291

Holders
2,440
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
33
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$5.56B
Puts
$6.61B
Net Calls
Net Calls Change

Top Buyers

1 +$689M
2 +$629M
3 +$555M
4
AQR Capital Management
AQR Capital Management
Connecticut
+$325M
5
Amundi
Amundi
France
+$260M

Top Sellers

1 -$642M
2 -$529M
3 -$408M
4
UBS AM
UBS AM
Illinois
-$360M
5
Goldman Sachs
Goldman Sachs
New York
-$340M
Name Holding Trade Value Shares
Change
Change in
Stake
M&T Bank
251
M&T Bank
New York
$36.8M
PNC Financial Services Group
252
PNC Financial Services Group
Pennsylvania
$36.7M
CLOS
253
Compagnie Lombard Odier SCmA
Switzerland
$36.6M
Macquarie Group
254
Macquarie Group
Australia
$36.5M
DnB Asset Management
255
DnB Asset Management
Norway
$36.2M
GAM
256
Guinness Asset Management
United Kingdom
$36.1M
COPPSERS
257
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$35.9M
RBI
258
Raiffeisen Bank International
Austria
$35.9M
SO
259
STRS Ohio
Ohio
$35.4M
NCM
260
Nearwater Capital Markets
Ireland
$35.3M
Carson Wealth (CWM LLC)
261
Carson Wealth (CWM LLC)
Nebraska
$35.2M
Loomis, Sayles & Company
262
Loomis, Sayles & Company
Massachusetts
$35.1M
SH
263
Svenska Handelsbanken
Sweden
$34.9M
Nomura Holdings
264
Nomura Holdings
Japan
$34.6M
GAM
265
Gotham Asset Management
New York
$33.7M
IHL
266
Investment House LLC
California
$33.7M
WF
267
Welch & Forbes
Massachusetts
$33.5M
Credit Agricole
268
Credit Agricole
France
$33.4M
AB
269
Amalgamated Bank
New York
$33.1M
CB
270
Commerce Bank
Missouri
$33M
NSAM
271
North Star Asset Management
Wisconsin
$32.9M
Janney Montgomery Scott
272
Janney Montgomery Scott
Pennsylvania
$32.9M
CAU
273
Caxton Associates (UK)
$32.3M
ERSOT
274
Employees Retirement System of Texas
Texas
$31.6M
Mackenzie Financial
275
Mackenzie Financial
Ontario, Canada
$31.6M