Adobe
ADBE
2,775 hedge funds and large institutions have $184B invested in Adobe in 2024 Q1 according to their latest regulatory filings, with 203 funds opening new positions, 1,222 increasing their positions, 1,064 reducing their positions, and 215 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 1,222 | Existing positions reduced: 1,064
6% less first-time investments, than exits
New positions opened: 203 | Existing positions closed: 215
2% less funds holding
Funds holding: 2,829 → 2,775 (-54)
3.29% less ownership
Funds ownership: 84.16% → 80.87% (-3.3%)
19% less capital invested
Capital invested by funds: $227B → $184B (-$42.8B)
21% less call options, than puts
Call options by funds: $6.4B | Put options by funds: $8.12B
57% less funds holding in top 10
Funds holding in top 10: 182 → 78 (-104)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$801M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$657M |
| 3 |
Millennium Management
New York
|
+$446M |
| 4 |
BlackRock
New York
|
+$440M |
| 5 |
D.E. Shaw & Co
New York
|
+$367M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.94B |
| 2 |
JP Morgan Chase
New York
|
-$1.59B |
| 3 |
CWM
Concentrum Wealth Management
San Jose,
California
|
-$1.37B |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.15B |
| 5 |
Swedbank
Stockholm,
Sweden
|
-$950M |
ADBE Hedge Fund Activity: Q1 2024 in Review
2,775 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q1 2024, worth a combined $184B — down 19% from $227B a quarter earlier.
Sellers outnumbered buyers: 215 funds closed out of ADBE and 203 opened new positions — a net loss of 12 holders — while 1,064 trimmed existing stakes and 1,222 added.
The largest buyer was Winslow Capital Management, adding an estimated $801M. The largest seller was Morgan Stanley, cutting an estimated $5.94B.
- 2,775 institutional investors held Adobe (ADBE) as of Q1 2024, down from 2,829 in Q4 2023.
- Funds reported $184B of Adobe stock for Q1 2024, down 19% quarter-over-quarter.
- 203 funds opened new Adobe positions in Q1 2024 and 215 closed out, a net change of -12 holders.
- The largest Adobe buyer in Q1 2024 was Winslow Capital Management, an estimated $801M added.
- The largest Adobe seller in Q1 2024 was Morgan Stanley, an estimated $5.94B sold.
Based on aggregated 13F filings for Q1 2024.