Adobe
ADBE
2,327 hedge funds and large institutions have $144B invested in Adobe in 2023 Q1 according to their latest regulatory filings, with 193 funds opening new positions, 991 increasing their positions, 856 reducing their positions, and 134 closing their positions.
44% more first-time investments, than exits
New positions opened: 193 | Existing positions closed: 134
38% more funds holding in top 10
Funds holding in top 10: 85 → 117 (+32)
16% more repeat investments, than reductions
Existing positions increased: 991 | Existing positions reduced: 856
14% more capital invested
Capital invested by funds: $126B → $144B (+$17.9B)
1.11% more ownership
Funds ownership: 80.48% → 81.6% (+1.1%)
1% more funds holding
Funds holding: 2,308 → 2,327 (+19)
7% less call options, than puts
Call options by funds: $3.47B | Put options by funds: $3.74B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$1.19B |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$514M |
| 3 |
Amundi
Paris,
France
|
+$368M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$255M |
| 5 |
BI
BlueSpruce Investments
Chicago,
Illinois
|
+$239M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$904M |
| 2 |
Fundsmith LLP
London,
United Kingdom
|
-$710M |
| 3 |
Polen Capital Management
Boca Raton,
Florida
|
-$505M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$314M |
| 5 |
Swedbank
Stockholm,
Sweden
|
-$280M |
ADBE Hedge Fund Activity: Q1 2023 in Review
2,327 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q1 2023, worth a combined $144B — up 14% from $126B a quarter earlier.
Buyers outnumbered sellers: 193 funds opened new ADBE positions and 134 closed out — a net gain of 59 holders — while 991 added to existing stakes and 856 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $1.19B. The largest seller was Fidelity Investments, cutting an estimated $904M.
- 2,327 institutional investors held Adobe (ADBE) as of Q1 2023, up from 2,308 in Q4 2022.
- Funds reported $144B of Adobe stock for Q1 2023, up 14% quarter-over-quarter.
- 193 funds opened new Adobe positions in Q1 2023 and 134 closed out, a net change of +59 holders.
- The largest Adobe buyer in Q1 2023 was JP Morgan Chase, an estimated $1.19B added.
- The largest Adobe seller in Q1 2023 was Fidelity Investments, an estimated $904M sold.
Based on aggregated 13F filings for Q1 2023.