2,478 hedge funds and large institutions have $118B invested in Adobe in 2025 Q3 according to their latest regulatory filings, with 141 funds opening new positions, 918 increasing their positions, 1,148 reducing their positions, and 295 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: 918 | Existing positions reduced: 1,148

39% less funds holding in top 10

Funds holding in top 10: 5433 (-21)

52% less first-time investments, than exits

New positions opened: 141 | Existing positions closed: 295

Holders
2,478
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
$5.59B
Puts
$6.61B
Net Calls
Net Calls Change

Top Buyers

1 +$701M
2 +$640M
3 +$565M
4
AQR Capital Management
AQR Capital Management
Connecticut
+$330M
5
Amundi
Amundi
France
+$266M

Top Sellers

1 -$653M
2 -$538M
3 -$415M
4
UBS AM
UBS AM
Illinois
-$366M
5
Goldman Sachs
Goldman Sachs
New York
-$346M
Name Holding Trade Value Shares
Change
Change in
Stake
BS
251
Banco Santander
Spain
$37.8M
VRS
252
Virginia Retirement Systems
Virginia
$37.5M
CCMG
253
Clark Capital Management Group
Pennsylvania
$37M
M&T Bank
254
M&T Bank
New York
$36.8M
PNC Financial Services Group
255
PNC Financial Services Group
Pennsylvania
$36.7M
CLOS
256
Compagnie Lombard Odier SCmA
Switzerland
$36.6M
Macquarie Group
257
Macquarie Group
Australia
$36.5M
DnB Asset Management
258
DnB Asset Management
Norway
$36.2M
GAM
259
Guinness Asset Management
United Kingdom
$36.1M
COPPSERS
260
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$35.9M
RBI
261
Raiffeisen Bank International
Austria
$35.9M
SO
262
STRS Ohio
Ohio
$35.4M
NCM
263
Nearwater Capital Markets
Ireland
$35.3M
Carson Wealth (CWM LLC)
264
Carson Wealth (CWM LLC)
Nebraska
$35.2M
Loomis, Sayles & Company
265
Loomis, Sayles & Company
Massachusetts
$35.1M
SH
266
Svenska Handelsbanken
Sweden
$34.9M
Nomura Holdings
267
Nomura Holdings
Japan
$34.6M
GAM
268
Gotham Asset Management
New York
$33.7M
IHL
269
Investment House LLC
California
$33.7M
WF
270
Welch & Forbes
Massachusetts
$33.5M
Credit Agricole
271
Credit Agricole
France
$33.4M
AB
272
Amalgamated Bank
New York
$33.1M
CB
273
Commerce Bank
Missouri
$33M
NSAM
274
North Star Asset Management
Wisconsin
$32.9M
Janney Montgomery Scott
275
Janney Montgomery Scott
Pennsylvania
$32.9M