Adobe
ADBE
1,980 hedge funds and large institutions have $68B invested in Adobe in 2026 Q2 according to their latest regulatory filings, with 171 funds opening new positions, 652 increasing their positions, 946 reducing their positions, and 339 closing their positions.
1.61% more ownership
Funds ownership: 81.7% → 83.3% (+1.6%)
7% more call options, than puts
Call options by funds: $5.63B | Put options by funds: $5.24B
10% less funds holding
Funds holding: 2,191 → 1,980 (-211)
13% less funds holding in top 10
Funds holding in top 10: 24 → 21 (-3)
15% less capital invested
Capital invested by funds: $80.3B → $68B (-$12.3B)
31% less repeat investments, than reductions
Existing positions increased: 652 | Existing positions reduced: 946
50% less first-time investments, than exits
New positions opened: 171 | Existing positions closed: 339
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$442M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$214M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$182M |
| 4 |
Jane Street
New York
|
+$181M |
| 5 |
Dodge & Cox
San Francisco,
California
|
+$147M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$482M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$354M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$250M |
| 4 |
CCM
Cantillon Capital Management
New York
|
-$248M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$244M |
ADBE Hedge Fund Activity: Q2 2026 in Review
1,980 of the 8,274 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q2 2026, worth a combined $68B — down 15% from $80.3B a quarter earlier.
Sellers outnumbered buyers: 339 funds closed out of ADBE and 171 opened new positions — a net loss of 168 holders — while 946 trimmed existing stakes and 652 added.
The largest buyer was Fidelity International, adding an estimated $442M. The largest seller was Two Sigma Investments, cutting an estimated $482M.
- 1,980 institutional investors held Adobe (ADBE) as of Q2 2026, down from 2,191 in Q1 2026.
- Funds reported $68B of Adobe stock for Q2 2026, down 15% quarter-over-quarter.
- 171 funds opened new Adobe positions in Q2 2026 and 339 closed out, a net change of -168 holders.
- The largest Adobe buyer in Q2 2026 was Fidelity International, an estimated $442M added.
- The largest Adobe seller in Q2 2026 was Two Sigma Investments, an estimated $482M sold.
Based on aggregated 13F filings for Q2 2026.