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2,829 hedge funds and large institutions have $227B invested in Adobe in 2023 Q4 according to their latest regulatory filings, with 372 funds opening new positions, 1,064 increasing their positions, 1,084 reducing their positions, and 128 closing their positions.

New
Increased
Maintained
Reduced
Closed

191% more first-time investments, than exits

New positions opened: 372 | Existing positions closed: 128

21% more capital invested

Capital invested by funds: $188B → $227B (+$38.7B)

8% more funds holding

Funds holding: 2,6162,829 (+213)

8% more funds holding in top 10

Funds holding in top 10: 169182 (+13)

2.78% more ownership

Funds ownership: 81.38%84.16% (+2.8%)

2% less repeat investments, than reductions

Existing positions increased: 1,064 | Existing positions reduced: 1,084

23% less call options, than puts

Call options by funds: $6.46B | Put options by funds: $8.41B

Holders
2,829
Holders Change
+213
Holders Change %
+8.14%
% of All Funds
41.24%
Holding in Top 10
182
Holding in Top 10 Change
+13
Holding in Top 10 Change %
+7.69%
% of All Funds
2.65%
New
372
Increased
1,064
Reduced
1,084
Closed
128
Calls
$6.46B
Puts
$8.41B
Net Calls
-$1.94B
Net Calls Change
-$1.41B
Name Holding Trade Value Shares
Change
Change in
Stake
WTB
526
Washington Trust Bank
Washington
$18.5M -$422K -732 -2%
HIMCH
527
Hartford Investment Management Co (HIMCO)
Connecticut
$18.3M -$334K -579 -2%
MPM
528
Meritage Portfolio Management
Kansas
$18.3M +$1.24M +2,148 +8%
Envestnet Portfolio Solutions
529
Envestnet Portfolio Solutions
Illinois
$18.2M -$3.2M -5,543 -15%
HPG
530
Harvest Portfolios Group
Ontario, Canada
$18.2M -$4.72M -8,184 -21%
CA
531
Cullinan Associates
Kentucky
$18.2M -$2.11M -3,655 -11%
CC
532
Cannell & Co
New York
$18M -$644K -1,116 -4%
UAS
533
United Asset Strategies
New York
$17.9M -$349K -605 -2%
WIM
534
Weitz Investment Management
Nebraska
$17.9M -$15.9M -27,500 -48%
WC
535
Whitney & Co
New York
$17.9M +$47.3K +82 +0.3%
SCA
536
Sander Capital Advisors
Washington
$17.8M +$2.92M +5,060 +20%
BF
537
BOK Financial
Oklahoma
$17.8M -$1.16M -2,009 -6%
WAM
538
Weatherly Asset Management
California
$17.6M -$665K -1,153 -4%
JMFC
539
J.M. Forbes & Co
Massachusetts
$17.6M +$428K +742 +3%
Carson Wealth (CWM LLC)
540
Carson Wealth (CWM LLC)
Nebraska
$17.6M +$3.59M +6,219 +27%
FVWA
541
Foster Victor Wealth Advisors
South Carolina
$17.6M -$728K -1,262 -4%
MC
542
Montag & Caldwell
Georgia
$17.6M -$9.48M -16,445 -36%
FT
543
Fiduciary Trust
Massachusetts
$17.5M +$238K +412 +1%
NWM
544
Nicola Wealth Management
British Columbia, Canada
$17.3M +$5.19M +9,000 +45%
AT
545
Avalon Trust
New Mexico
$17.3M -$86.5K -150 -0.5%
SAM
546
Securian Asset Management
Minnesota
$17.2M -$2.21M -3,836 -12%
LCM
547
Logan Capital Management
Pennsylvania
$17.1M +$880K +1,526 +6%
DSAM
548
Dock Street Asset Management
Florida
$17.1M +$232K +402 +1%
DWM
549
Dakota Wealth Management
Florida
$17.1M +$2.62M +4,541 +19%
ASN
550
Advisory Services Network
Georgia
$17M -$39.8K -69 -0.2%

ADBE Hedge Fund Activity: Q4 2023 in Review

2,829 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q4 2023, worth a combined $227B — up 21% from $188B a quarter earlier.

Buyers outnumbered sellers: 372 funds opened new ADBE positions and 128 closed out — a net gain of 244 holders — while 1,064 added to existing stakes and 1,084 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $5.72B. The largest seller was Parnassus Investments, cutting an estimated $729M.

  • 2,829 institutional investors held Adobe (ADBE) as of Q4 2023, up from 2,616 in Q3 2023.
  • Funds reported $227B of Adobe stock for Q4 2023, up 21% quarter-over-quarter.
  • 372 funds opened new Adobe positions in Q4 2023 and 128 closed out, a net change of +244 holders.
  • The largest Adobe buyer in Q4 2023 was Morgan Stanley, an estimated $5.72B added.
  • The largest Adobe seller in Q4 2023 was Parnassus Investments, an estimated $729M sold.

Based on aggregated 13F filings for Q4 2023.