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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
PGFC
676
Peapack-Gladstone Financial Corp
New Jersey
$11.2M +$390K +677 +4%
AAM
677
Ardevora Asset Management
United Kingdom
$11.2M -$16.4M -28,430 -60%
MWM
678
Modera Wealth Management
New Jersey
$11.1M -$204K -353 -2%
MLICM
679
Metropolitan Life Insurance Company (MetLife)
New York
$11.1M -$188K -326 -2%
IFWM
680
Institute for Wealth Management
Colorado
$11M -$322K -559 -3%
RWM
681
Ritholtz Wealth Management
New York
$11M +$261K +452 +3%
P
682
Pitcairn
Pennsylvania
$11M +$1.04M +1,804 +11%
LIM
683
Leavell Investment Management
Alabama
$11M +$93.4K +162 +0.9%
FCH
684
Freestone Capital Holdings
Washington
$11M +$192K +333 +2%
NCM
685
Novare Capital Management
North Carolina
$10.9M +$147K +255 +1%
MA
686
Mutual Advisors
Nebraska
$10.9M +$17.9K +31 +0.2%
BFIM
687
Beese Fulmer Investment Management
Ohio
$10.9M +$46.7K +81 +0.4%
BFA
688
Bragg Financial Advisors
North Carolina
$10.9M +$743K +1,288 +8%
GRP
689
Global Retirement Partners
California
$10.7M +$3.44M +5,961 +50%
HVIA
690
Hudson Valley Investment Advisors
New York
$10.6M -$1.14M -1,978 -10%
NCM
691
Narwhal Capital Management
Georgia
$10.6M +$861K +1,492 +9%
FNBOMD
692
First National Bank of Mount Dora
Florida
$10.5M -$221K -384 -2%
AG
693
Ascent Group
Virginia
$10.5M +$98K +170 +1%
SW
694
SteelPeak Wealth
California
$10.5M -$10.3M -17,906 -50%
FNT
695
First National Trust
Pennsylvania
$10.5M -$1.31M -2,273 -11%
GC
696
Grimes & Company
Massachusetts
$10.4M -$379K -657 -4%
TCOV
697
Trust Company of Vermont
Vermont
$10.4M +$317K +549 +3%
CIP
698
Chartwell Investment Partners
Pennsylvania
$10.4M +$277K +480 +3%
NIM
699
Northeast Investment Management
Massachusetts
$10.3M +$4.9M +8,494 +96%
PIM
700
Platinum Investment Management
Australia
$10.3M +$1.11M +1,926 +13%

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.