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
UIM
326
USS Investment Management
United Kingdom
$24.5M
VMPIC
327
Varma Mutual Pension Insurance Co
Finland
$24.3M
SBWIC
328
Schaper Benz & Wise Investment Counsel
Wisconsin
$24.2M
BTW
329
Boston Trust Walden
Massachusetts
$23.5M
TAM
330
Tocqueville Asset Management
New York
$23.5M
NP
331
NS Partners
United Kingdom
$23.4M
GMF
332
Grace & Mercy Foundation
New York
$23.2M
SCM
333
Shelton Capital Management
Colorado
$22.8M
Thrivent Financial for Lutherans
334
Thrivent Financial for Lutherans
Minnesota
$22.5M
SEM
335
Suncoast Equity Management
Florida
$22.4M
PFSRSONJ
336
Police & Firemen's Retirement System of New Jersey
New Jersey
$22.4M
Northwestern Mutual Wealth Management
337
Northwestern Mutual Wealth Management
Wisconsin
$22.4M
Cambridge Investment Research Advisors
338
Cambridge Investment Research Advisors
Iowa
$22.2M
IMRF
339
Illinois Municipal Retirement Fund
Illinois
$22.1M
FDCDDQ
340
Federation des caisses Desjardins du Quebec
Quebec, Canada
$22.1M
MIFH
341
Migdal Insurance & Financial Holdings
Israel
$21.9M
MCM
342
MAI Capital Management
Ohio
$21.8M
UCFA
343
United Capital Financial Advisors
Texas
$21.7M
NYLIM
344
New York Life Investment Management
New York
$21.7M
QCM
345
QRG Capital Management
Illinois
$21.7M
Public Sector Pension Investment Board (PSP Investments)
346
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$21.7M
EMPI
347
Elo Mutual Pension Insurance
Finland
$21.6M
ESBC
348
E.S. Barr & Co
Kentucky
$21.4M
BLAM
349
Bourne Lent Asset Management
New York
$21.1M
Neuberger Berman Group
350
Neuberger Berman Group
New York
$21.1M