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2,701 hedge funds and large institutions have $133B invested in Adobe in 2025 Q1 according to their latest regulatory filings, with 182 funds opening new positions, 1,148 increasing their positions, 1,096 reducing their positions, and 298 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.46% more ownership

Funds ownership: 80.22%81.68% (+1.5%)

5% more repeat investments, than reductions

Existing positions increased: 1,148 | Existing positions reduced: 1,096

6% less funds holding

Funds holding: 2,8612,701 (-160)

7% less funds holding in top 10

Funds holding in top 10: 5753 (-4)

16% less capital invested

Capital invested by funds: $158B → $133B (-$24.5B)

24% less call options, than puts

Call options by funds: $4.35B | Put options by funds: $5.74B

39% less first-time investments, than exits

New positions opened: 182 | Existing positions closed: 298

Holders
2,701
Holders Change
-160
Holders Change %
-5.59%
% of All Funds
36.21%
Holding in Top 10
53
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-7.02%
% of All Funds
0.71%
New
182
Increased
1,148
Reduced
1,096
Closed
298
Calls
$4.35B
Puts
$5.74B
Net Calls
-$1.39B
Net Calls Change
+$1.02B
Name Holding Trade Value Shares
Change
Change in
Stake
Lazard Asset Management
51
Lazard Asset Management
New York
$402M +$271K +633 +0.1%
Jennison Associates
52
Jennison Associates
New York
$395M -$357M -833,566 -45%
Bank of Montreal
53
Bank of Montreal
Ontario, Canada
$391M -$29.6M -68,916 -6%
Allianz Asset Management
54
Allianz Asset Management
Germany
$381M -$6.74M -15,714 -2%
Canada Pension Plan Investment Board
55
Canada Pension Plan Investment Board
Ontario, Canada
$377M +$222M +516,668 +111%
Wellington Management Group
56
Wellington Management Group
Massachusetts
$374M -$42.9M -100,058 -9%
National Pension Service
57
National Pension Service
South Korea
$356M +$22.1M +51,569 +6%
VanEck Associates
58
VanEck Associates
New York
$348M +$15.8M +36,758 +4%
RhumbLine Advisers
59
RhumbLine Advisers
Massachusetts
$322M -$8.45M -19,709 -2%
Mitsubishi UFJ Asset Management
60
Mitsubishi UFJ Asset Management
Japan
$312M +$35.7M +83,239 +11%
Swedbank
61
Swedbank
Sweden
$310M -$3.25M -7,580 -0.9%
CCM
62
Cantillon Capital Management
New York
$306M +$78.1M +182,024 +30%
Squarepoint
63
Squarepoint
New York
$305M +$180M +420,373 +112%
CIBC Private Wealth Group
64
CIBC Private Wealth Group
Georgia
$300M -$7.96M -18,571 -2%
DekaBank Deutsche Girozentrale
65
DekaBank Deutsche Girozentrale
Germany
$296M -$1.2M -2,788 -0.4%
Envestnet Asset Management
66
Envestnet Asset Management
Illinois
$294M -$33.6M -78,462 -9%
Assenagon Asset Management
67
Assenagon Asset Management
Luxembourg
$292M -$174M -406,710 -35%
BI
68
BlueSpruce Investments
Illinois
$290M -$161M -375,948 -33%
Qube Research & Technologies (QRT)
69
Qube Research & Technologies (QRT)
United Kingdom
$283M +$175M +407,068 +123%
Jacobs Levy Equity Management
70
Jacobs Levy Equity Management
New Jersey
$279M +$284M +662,144 +1,002%
WT
71
Wellcome Trust
United Kingdom
$279M +$3.45M +8,038 +1%
California Public Employees Retirement System
72
California Public Employees Retirement System
California
$271M -$120M -278,957 -28%
BNP Paribas Asset Management
73
BNP Paribas Asset Management
France
$270M -$22.6M -52,757 -7%
Janus Henderson Group
74
Janus Henderson Group
United Kingdom
$269M +$97.3M +226,778 +48%
Universal-Beteiligungs- und Servicegesellschaft
75
Universal-Beteiligungs- und Servicegesellschaft
Germany
$269M -$51.6M -120,350 -15%

ADBE Hedge Fund Activity: Q1 2025 in Review

2,701 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q1 2025, worth a combined $133B — down 16% from $158B a quarter earlier.

Sellers outnumbered buyers: 298 funds closed out of ADBE and 182 opened new positions — a net loss of 116 holders — while 1,096 trimmed existing stakes and 1,148 added.

The largest buyer was Capital World Investors, adding an estimated $1.14B. The largest seller was Fidelity Investments, cutting an estimated $1.03B.

  • 2,701 institutional investors held Adobe (ADBE) as of Q1 2025, down from 2,861 in Q4 2024.
  • Funds reported $133B of Adobe stock for Q1 2025, down 16% quarter-over-quarter.
  • 182 funds opened new Adobe positions in Q1 2025 and 298 closed out, a net change of -116 holders.
  • The largest Adobe buyer in Q1 2025 was Capital World Investors, an estimated $1.14B added.
  • The largest Adobe seller in Q1 2025 was Fidelity Investments, an estimated $1.03B sold.

Based on aggregated 13F filings for Q1 2025.