Adobe
ADBE
1,174 hedge funds and large institutions have $75.3B invested in Adobe in 2017 Q4 according to their latest regulatory filings, with 175 funds opening new positions, 382 increasing their positions, 476 reducing their positions, and 56 closing their positions.
213% more first-time investments, than exits
New positions opened: 175 | Existing positions closed: 56
20% more funds holding in top 10
Funds holding in top 10: 59 → 71 (+12)
16% more capital invested
Capital invested by funds: $64.7B → $75.3B (+$10.6B)
10% more funds holding
Funds holding: 1,066 → 1,174 (+108)
0.76% less ownership
Funds ownership: 87.98% → 87.22% (-0.76%)
20% less repeat investments, than reductions
Existing positions increased: 382 | Existing positions reduced: 476
38% less call options, than puts
Call options by funds: $685M | Put options by funds: $1.1B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$320M |
| 2 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$275M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$236M |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$179M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$177M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$472M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$448M |
| 3 |
BlackRock
New York
|
-$327M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$131M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$130M |
ADBE Hedge Fund Activity: Q4 2017 in Review
1,174 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q4 2017, worth a combined $75.3B — up 16% from $64.7B a quarter earlier.
Buyers outnumbered sellers: 175 funds opened new ADBE positions and 56 closed out — a net gain of 119 holders — while 382 added to existing stakes and 476 trimmed.
The largest buyer was Lone Pine Capital, adding an estimated $320M. The largest seller was JP Morgan Chase, cutting an estimated $472M.
- 1,174 institutional investors held Adobe (ADBE) as of Q4 2017, up from 1,066 in Q3 2017.
- Funds reported $75.3B of Adobe stock for Q4 2017, up 16% quarter-over-quarter.
- 175 funds opened new Adobe positions in Q4 2017 and 56 closed out, a net change of +119 holders.
- The largest Adobe buyer in Q4 2017 was Lone Pine Capital, an estimated $320M added.
- The largest Adobe seller in Q4 2017 was JP Morgan Chase, an estimated $472M sold.
Based on aggregated 13F filings for Q4 2017.