Adobe
ADBE
1,443 hedge funds and large institutions have $95B invested in Adobe in 2018 Q4 according to their latest regulatory filings, with 210 funds opening new positions, 478 increasing their positions, 567 reducing their positions, and 145 closing their positions.
45% more first-time investments, than exits
New positions opened: 210 | Existing positions closed: 145
11% more call options, than puts
Call options by funds: $1.9B | Put options by funds: $1.71B
4% more funds holding
Funds holding: 1,390 → 1,443 (+53)
1.02% more ownership
Funds ownership: 85.78% → 86.8% (+1%)
7% less funds holding in top 10
Funds holding in top 10: 125 → 116 (-9)
16% less repeat investments, than reductions
Existing positions increased: 478 | Existing positions reduced: 567
16% less capital invested
Capital invested by funds: $113B → $95B (-$18B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$671M |
| 2 |
Morgan Stanley
New York
|
+$412M |
| 3 |
MCM
Melvin Capital Management
New York
|
+$377M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$317M |
| 5 |
Fisher Asset Management
Camas,
Washington
|
+$294M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$397M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$375M |
| 3 |
BlackRock
New York
|
-$325M |
| 4 |
Primecap Management
Pasadena,
California
|
-$261M |
| 5 |
Goldman Sachs
New York
|
-$228M |
ADBE Hedge Fund Activity: Q4 2018 in Review
1,443 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q4 2018, worth a combined $95B — down 16% from $113B a quarter earlier.
Buyers outnumbered sellers: 210 funds opened new ADBE positions and 145 closed out — a net gain of 65 holders — while 478 added to existing stakes and 567 trimmed.
The largest buyer was Viking Global Investors, opening a new position worth an estimated $671M. The largest seller was Bank of New York Mellon, cutting an estimated $397M.
- 1,443 institutional investors held Adobe (ADBE) as of Q4 2018, up from 1,390 in Q3 2018.
- Funds reported $95B of Adobe stock for Q4 2018, down 16% quarter-over-quarter.
- 210 funds opened new Adobe positions in Q4 2018 and 145 closed out, a net change of +65 holders.
- The largest Adobe buyer in Q4 2018 was Viking Global Investors, an estimated $671M added.
- The largest Adobe seller in Q4 2018 was Bank of New York Mellon, an estimated $397M sold.
Based on aggregated 13F filings for Q4 2018.