Adobe
ADBE
1,066 hedge funds and large institutions have $64.7B invested in Adobe in 2017 Q3 according to their latest regulatory filings, with 95 funds opening new positions, 398 increasing their positions, 403 reducing their positions, and 50 closing their positions.
90% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 50
3% more funds holding
Funds holding: 1,032 → 1,066 (+34)
5% more capital invested
Capital invested by funds: $61.7B → $64.7B (+$3B)
0.37% less ownership
Funds ownership: 88.35% → 87.98% (-0.37%)
1% less repeat investments, than reductions
Existing positions increased: 398 | Existing positions reduced: 403
5% less funds holding in top 10
Funds holding in top 10: 62 → 59 (-3)
14% less call options, than puts
Call options by funds: $747M | Put options by funds: $868M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$210M |
| 2 |
Coatue Management
New York
|
+$99.5M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$82.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$79.7M |
| 5 |
Millennium Management
New York
|
+$74.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sands Capital Management
Arlington,
Virginia
|
-$146M |
| 2 |
Jennison Associates
New York
|
-$145M |
| 3 |
Primecap Management
Pasadena,
California
|
-$107M |
| 4 |
JP Morgan Chase
New York
|
-$107M |
| 5 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$85.8M |
ADBE Hedge Fund Activity: Q3 2017 in Review
1,066 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q3 2017, worth a combined $64.7B — up 4.9% from $61.7B a quarter earlier.
Buyers outnumbered sellers: 95 funds opened new ADBE positions and 50 closed out — a net gain of 45 holders — while 398 added to existing stakes and 403 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $210M. The largest seller was Sands Capital Management, cutting an estimated $146M.
- 1,066 institutional investors held Adobe (ADBE) as of Q3 2017, up from 1,032 in Q2 2017.
- Funds reported $64.7B of Adobe stock for Q3 2017, up 4.9% quarter-over-quarter.
- 95 funds opened new Adobe positions in Q3 2017 and 50 closed out, a net change of +45 holders.
- The largest Adobe buyer in Q3 2017 was Arrowstreet Capital, an estimated $210M added.
- The largest Adobe seller in Q3 2017 was Sands Capital Management, an estimated $146M sold.
Based on aggregated 13F filings for Q3 2017.