Adobe
ADBE
634 hedge funds and large institutions have $31.7B invested in Adobe in 2014 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 225 increasing their positions, 240 reducing their positions, and 47 closing their positions.
1% more call options, than puts
Call options by funds: $222M | Put options by funds: $219M
6% less repeat investments, than reductions
Existing positions increased: 225 | Existing positions reduced: 240
6% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 47
2% less funds holding
Funds holding: 646 → 634 (-12)
5% less capital invested
Capital invested by funds: $33.5B → $31.7B (-$1.81B)
19% less funds holding in top 10
Funds holding in top 10: 31 → 25 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sands Capital Management
Arlington,
Virginia
|
+$697M |
| 2 |
JP Morgan Chase
New York
|
+$106M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$103M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$90.5M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$67.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$316M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$231M |
| 3 |
PC
PointState Capital
New York
|
-$90.4M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$86.4M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$81.8M |
ADBE Hedge Fund Activity: Q3 2014 in Review
634 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q3 2014, worth a combined $31.7B — down 5.4% from $33.5B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of ADBE and 44 opened new positions — a net loss of 3 holders — while 240 trimmed existing stakes and 225 added.
The largest buyer was Sands Capital Management, opening a new position worth an estimated $697M. The largest seller was Jackson Square Partners, cutting an estimated $316M.
- 634 institutional investors held Adobe (ADBE) as of Q3 2014, down from 646 in Q2 2014.
- Funds reported $31.7B of Adobe stock for Q3 2014, down 5.4% quarter-over-quarter.
- 44 funds opened new Adobe positions in Q3 2014 and 47 closed out, a net change of -3 holders.
- The largest Adobe buyer in Q3 2014 was Sands Capital Management, an estimated $697M added.
- The largest Adobe seller in Q3 2014 was Jackson Square Partners, an estimated $316M sold.
Based on aggregated 13F filings for Q3 2014.