Adobe
ADBE
1,283 hedge funds and large institutions have $92.8B invested in Adobe in 2018 Q1 according to their latest regulatory filings, with 169 funds opening new positions, 403 increasing their positions, 544 reducing their positions, and 49 closing their positions.
245% more first-time investments, than exits
New positions opened: 169 | Existing positions closed: 49
46% more funds holding in top 10
Funds holding in top 10: 71 → 104 (+33)
23% more capital invested
Capital invested by funds: $75.3B → $92.8B (+$17.4B)
9% more funds holding
Funds holding: 1,174 → 1,283 (+109)
0.06% less ownership
Funds ownership: 87.22% → 87.16% (-0.06%)
7% less call options, than puts
Call options by funds: $1.16B | Put options by funds: $1.25B
26% less repeat investments, than reductions
Existing positions increased: 403 | Existing positions reduced: 544
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$476M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$349M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$283M |
| 4 |
BlackRock
New York
|
+$241M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$238M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
-$359M |
| 2 |
Jennison Associates
New York
|
-$253M |
| 3 |
Bank of New York Mellon
New York
|
-$233M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
-$225M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$181M |
ADBE Hedge Fund Activity: Q1 2018 in Review
1,283 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q1 2018, worth a combined $92.8B — up 23% from $75.3B a quarter earlier.
Buyers outnumbered sellers: 169 funds opened new ADBE positions and 49 closed out — a net gain of 120 holders — while 403 added to existing stakes and 544 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $476M. The largest seller was Primecap Management, cutting an estimated $359M.
- 1,283 institutional investors held Adobe (ADBE) as of Q1 2018, up from 1,174 in Q4 2017.
- Funds reported $92.8B of Adobe stock for Q1 2018, up 23% quarter-over-quarter.
- 169 funds opened new Adobe positions in Q1 2018 and 49 closed out, a net change of +120 holders.
- The largest Adobe buyer in Q1 2018 was Fidelity Investments, an estimated $476M added.
- The largest Adobe seller in Q1 2018 was Primecap Management, an estimated $359M sold.
Based on aggregated 13F filings for Q1 2018.