Adobe
ADBE
2,178 hedge funds and large institutions have $201B invested in Adobe in 2020 Q4 according to their latest regulatory filings, with 290 funds opening new positions, 921 increasing their positions, 696 reducing their positions, and 106 closing their positions.
174% more first-time investments, than exits
New positions opened: 290 | Existing positions closed: 106
32% more repeat investments, than reductions
Existing positions increased: 921 | Existing positions reduced: 696
8% more funds holding
Funds holding: 2,015 → 2,178 (+163)
2% more capital invested
Capital invested by funds: $197B → $201B (+$3.09B)
0.91% less ownership
Funds ownership: 84.08% → 83.16% (-0.91%)
8% less call options, than puts
Call options by funds: $6.04B | Put options by funds: $6.53B
11% less funds holding in top 10
Funds holding in top 10: 220 → 195 (-25)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$397M |
| 2 |
BlackRock
New York
|
+$364M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$269M |
| 4 |
Morgan Stanley
New York
|
+$246M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$244M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.83B |
| 2 |
SM
SB Management
Abu Dhabi,
United Arab Emirates
|
-$665M |
| 3 |
Primecap Management
Pasadena,
California
|
-$417M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$372M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$281M |
ADBE Hedge Fund Activity: Q4 2020 in Review
2,178 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q4 2020, worth a combined $201B — up 1.6% from $197B a quarter earlier.
Buyers outnumbered sellers: 290 funds opened new ADBE positions and 106 closed out — a net gain of 184 holders — while 921 added to existing stakes and 696 trimmed.
The largest buyer was Millennium Management, adding an estimated $397M. The largest seller was Fidelity Investments, cutting an estimated $1.83B.
- 2,178 institutional investors held Adobe (ADBE) as of Q4 2020, up from 2,015 in Q3 2020.
- Funds reported $201B of Adobe stock for Q4 2020, up 1.6% quarter-over-quarter.
- 290 funds opened new Adobe positions in Q4 2020 and 106 closed out, a net change of +184 holders.
- The largest Adobe buyer in Q4 2020 was Millennium Management, an estimated $397M added.
- The largest Adobe seller in Q4 2020 was Fidelity Investments, an estimated $1.83B sold.
Based on aggregated 13F filings for Q4 2020.