2,465 hedge funds and large institutions have $118B invested in Adobe in 2025 Q4 according to their latest regulatory filings, with 269 funds opening new positions, 790 increasing their positions, 1,189 reducing their positions, and 202 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more ownership

Funds ownership:

less capital invested

Capital invested by funds: $ → $

less funds holding

Funds holding:

3% less funds holding in top 10

Funds holding in top 10: 3332 (-1)

14% less call options, than puts

Call options by funds: $5.37B | Put options by funds: $6.25B

34% less repeat investments, than reductions

Existing positions increased: 790 | Existing positions reduced: 1,189

Holders
2,465
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
32
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$5.37B
Puts
$6.25B
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
X
251
Xponance
Pennsylvania
$39.9M
IC
252
IEQ Capital
California
$39.5M
FAF
253
Första AP-fonden
Sweden
$39.1M
Macquarie Group
254
Macquarie Group
Australia
$39.1M
CS
255
Clear Street
New York
$38.8M
CNB
256
Czech National Bank
Czech Republic
$38.6M
PNC Financial Services Group
257
PNC Financial Services Group
Pennsylvania
$38.2M
RBI
258
Raiffeisen Bank International
Austria
$37.5M
GFM
259
GF Fund Management
China
$36.9M
GAM
260
Gotham Asset Management
New York
$36.4M
Nomura Holdings
261
Nomura Holdings
Japan
$36.3M
MML Investors Services
262
MML Investors Services
Massachusetts
$36.1M
FCIM
263
Fairview Capital Investment Management
California
$35.9M
Ninety One (UK)
264
Ninety One (UK)
United Kingdom
$35.1M
TIM
265
Thornburg Investment Management
New Mexico
$34.7M
AG
266
Amiral Gestion
France
$34.7M
CLOS
267
Compagnie Lombard Odier SCmA
Switzerland
$34.4M
DIA
268
Dana Investment Advisors
Wisconsin
$34.2M
IHL
269
Investment House LLC
California
$34.2M
SHCM
270
Silver Heights Capital Management
Ontario, Canada
$34.2M
COPPSERS
271
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$34.1M
JIC
272
Johnson Investment Counsel
Ohio
$34.1M
M&T Bank
273
M&T Bank
New York
$33.9M
Mackenzie Financial
274
Mackenzie Financial
Ontario, Canada
$33.6M
Credit Agricole
275
Credit Agricole
France
$33.3M