2,442 hedge funds and large institutions have $118B invested in Adobe in 2025 Q3 according to their latest regulatory filings, with 143 funds opening new positions, 904 increasing their positions, 1,129 reducing their positions, and 292 closing their positions.

New
Increased
Maintained
Reduced
Closed

less ownership

Funds ownership:

less funds holding

Funds holding:

less capital invested

Capital invested by funds: $ → $

less call options, than puts

Call options by funds: $ | Put options by funds: $

20% less repeat investments, than reductions

Existing positions increased: 904 | Existing positions reduced: 1,129

39% less funds holding in top 10

Funds holding in top 10: 5433 (-21)

51% less first-time investments, than exits

New positions opened: 143 | Existing positions closed: 292

Holders
2,442
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
33
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$5.56B
Puts
$6.61B
Net Calls
Net Calls Change

Top Buyers

1 +$689M
2 +$629M
3 +$555M
4
AQR Capital Management
AQR Capital Management
Connecticut
+$325M
5
Amundi
Amundi
France
+$260M

Top Sellers

1 -$642M
2 -$529M
3 -$408M
4
UBS AM
UBS AM
Illinois
-$360M
5
Goldman Sachs
Goldman Sachs
New York
-$340M
Name Holding Trade Value Shares
Change
Change in
Stake
PAM
176
Panagora Asset Management
Massachusetts
$68.2M
Asset Management One
177
Asset Management One
Japan
$67.9M
Treasurer of the State of North Carolina
178
Treasurer of the State of North Carolina
North Carolina
$67.5M
PIM
179
Platinum Investment Management
Australia
$67.4M
Teacher Retirement System of Texas
180
Teacher Retirement System of Texas
Texas
$67.1M
EAM
181
Erste Asset Management
Austria
$67M
NIM
182
NEOS Investment Management
Connecticut
$63.3M
Ohio Public Employees Retirement System (OPERS)
183
Ohio Public Employees Retirement System (OPERS)
Ohio
$63.1M
Mirae Asset Global Investments
184
Mirae Asset Global Investments
South Korea
$62.9M
Wealth Enhancement Advisory Services
185
Wealth Enhancement Advisory Services
Minnesota
$62.7M
Rafferty Asset Management
186
Rafferty Asset Management
New York
$62.6M
Ensign Peak Advisors
187
Ensign Peak Advisors
Utah
$62.1M
BDLIB
188
Banque de Luxembourg Investments (BLI)
Luxembourg
$61.7M
SC
189
Scotia Capital
Ontario, Canada
$61.3M
Walleye Trading
190
Walleye Trading
New York
$60.7M
IC
191
IEQ Capital
California
$59.7M
Fiera Capital (Canada)
192
Fiera Capital (Canada)
Quebec, Canada
$59.6M
Daiwa Securities Group
193
Daiwa Securities Group
Japan
$59.6M
Allspring Global Investments
194
Allspring Global Investments
North Carolina
$57.7M
State of Tennessee, Department of Treasury
195
State of Tennessee, Department of Treasury
Tennessee
$57.4M
NC
196
Nicholas Company
Wisconsin
$57.2M
MSV
197
MN Services Vermogensbeheer
Netherlands
$57.2M
SLAML
198
Swiss Life Asset Management Ltd
$55.1M
Handelsbanken Fonder
199
Handelsbanken Fonder
Sweden
$54.9M
BAMF
200
BI Asset Management Fondsmaeglerselskab
Denmark
$54.3M