2,465 hedge funds and large institutions have $118B invested in Adobe in 2025 Q4 according to their latest regulatory filings, with 269 funds opening new positions, 790 increasing their positions, 1,189 reducing their positions, and 202 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more ownership

Funds ownership:

less capital invested

Capital invested by funds: $ → $

less funds holding

Funds holding:

3% less funds holding in top 10

Funds holding in top 10: 3332 (-1)

14% less call options, than puts

Call options by funds: $5.37B | Put options by funds: $6.25B

34% less repeat investments, than reductions

Existing positions increased: 790 | Existing positions reduced: 1,189

Holders
2,465
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
32
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$5.37B
Puts
$6.25B
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SG Americas Securities
126
SG Americas Securities
New York
$124M
Adage Capital Partners
127
Adage Capital Partners
Massachusetts
$124M
KBC Group
128
KBC Group
Belgium
$121M
QCM
129
Quantinno Capital Management
New York
$121M
EAM
130
Erste Asset Management
Austria
$119M
BBHC
131
Brown Brothers Harriman & Co
New York
$118M
Retirement Systems of Alabama
132
Retirement Systems of Alabama
Alabama
$115M
HL
133
Harding Loevner
New Jersey
$115M
O
134
Ossiam
France
$114M
William Blair & Company
135
William Blair & Company
Illinois
$111M
Bank of Nova Scotia
136
Bank of Nova Scotia
Ontario, Canada
$109M
HCL
137
Heard Capital LLC
Illinois
$108M
MBI
138
Montrusco Bolton Investments
Quebec, Canada
$107M
RAM
139
Resona Asset Management
Japan
$106M
Hudson Bay Capital Management
140
Hudson Bay Capital Management
Connecticut
$101M
IIM
141
INTECH Investment Management
Florida
$101M
Bank Julius Baer & Co
142
Bank Julius Baer & Co
Switzerland
$101M
Luther King Capital Management (LKCM)
143
Luther King Capital Management (LKCM)
Texas
$97.8M
Select Equity Group
144
Select Equity Group
New York
$97.7M
QC
145
Quadrature Capital
United Kingdom
$95.6M
Voloridge Investment Management
146
Voloridge Investment Management
Florida
$94.5M
BGIM
147
Brandywine Global Investment Management
Pennsylvania
$92M
Korea Investment Corp
148
Korea Investment Corp
South Korea
$88.5M
Royal London Asset Management
149
Royal London Asset Management
United Kingdom
$87.7M
Cerity Partners
150
Cerity Partners
New York
$85.5M