2,440 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, 903 increasing their positions, 1,129 reducing their positions, and 291 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: 903 | 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: 291

Holders
2,440
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
BBVA
201
Banco Bilbao Vizcaya Argentaria
Spain
$53.2M
TI
202
Tidal Investments
Wisconsin
$52.9M
AS
203
Aware Super
Australia
$52.8M
LA
204
LBP AM
France
$52.5M
State of New Jersey Common Pension Fund D
205
State of New Jersey Common Pension Fund D
New Jersey
$52.5M
AAF
206
Andra AP-fonden
Sweden
$50.4M
CIBC Asset Management
207
CIBC Asset Management
Ontario, Canada
$50.3M
JIC
208
Johnson Investment Counsel
Ohio
$49.9M
LF
209
Lansforsakringar Fondforvaltning
Sweden
$49.9M
BIM
210
Bridges Investment Management
Nebraska
$49.6M
Commonwealth Equity Services
211
Commonwealth Equity Services
Massachusetts
$49.4M
Mariner
212
Mariner
Kansas
$49.4M
AV
213
ASR Vermogensbeheer
Netherlands
$48.8M
TRSOTSOK
214
Teachers Retirement System of the State of Kentucky
Kentucky
$48.5M
Osaic Holdings
215
Osaic Holdings
Arizona
$48.3M
DZ Bank
216
DZ Bank
Germany
$48.2M
FAF
217
Fjarde Ap-fonden
Sweden
$46.9M
Nisa Investment Advisors
218
Nisa Investment Advisors
Missouri
$46.7M
Truist Financial
219
Truist Financial
North Carolina
$46.3M
SOMRS
220
State of Michigan Retirement System
Michigan
$44.6M
MIM
221
MetLife Investment Management
New Jersey
$44.2M
FAF
222
Första AP-fonden
Sweden
$44M
AG
223
Amiral Gestion
France
$43.8M
ASRS
224
Arizona State Retirement System
Arizona
$43.7M
Cetera Investment Advisers
225
Cetera Investment Advisers
Illinois
$43.1M