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
AssetMark Inc
326
AssetMark Inc
California
$23.1M
HIMC
327
Heritage Investors Management Corp
Maryland
$23.1M
Neuberger Berman Group
328
Neuberger Berman Group
New York
$22.9M
BFS
329
Bradley Foster & Sargent
Connecticut
$22.9M
EMPI
330
Elo Mutual Pension Insurance
Finland
$22.9M
MT
331
Midwest Trust
Kansas
$22.6M
CIA
332
Choate Investment Advisors
Massachusetts
$22.1M
MIFH
333
Migdal Insurance & Financial Holdings
Israel
$22.1M
NYLIM
334
New York Life Investment Management
New York
$21.9M
FDCDDQ
335
Federation des caisses Desjardins du Quebec
Quebec, Canada
$21.8M
FVWA
336
Foster Victor Wealth Advisors
South Carolina
$21.7M
TAM
337
Todd Asset Management
Kentucky
$21.6M
VIM
338
Vinva Investment Management
Australia
$21.6M
BCIM
339
British Columbia Investment Management
British Columbia, Canada
$21.5M
CISOA
340
Capital Investment Services of America
Wisconsin
$21.4M
QCM
341
QRG Capital Management
Illinois
$21.3M
IMRF
342
Illinois Municipal Retirement Fund
Illinois
$21.3M
EF
343
Empowered Funds
Pennsylvania
$21.3M
GA
344
GuoLine Advisory
Singapore
$21.2M
HJGA
345
Hardman Johnston Global Advisors
Connecticut
$20.8M
SMDAM
346
Sumitomo Mitsui DS Asset Management
Japan
$20.7M
SOADOR
347
State of Alaska Department of Revenue
Alaska
$20.6M
CCME
348
CIBC Capital Markets (Europe)
Luxembourg
$20.6M
TIM
349
Thornburg Investment Management
New Mexico
$20.6M
SCM
350
Shelton Capital Management
Colorado
$20.6M