Adobe
ADBE
646 hedge funds and large institutions have $33.1B invested in Adobe in 2014 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 196 increasing their positions, 254 reducing their positions, and 51 closing their positions.
43% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 51
25% more call options, than puts
Call options by funds: $294M | Put options by funds: $236M
15% more funds holding in top 10
Funds holding in top 10: 27 → 31 (+4)
13% more capital invested
Capital invested by funds: $29.3B → $33.1B (+$3.79B)
3% more funds holding
Funds holding: 627 → 646 (+19)
23% less repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 254
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$341M |
| 2 |
Coatue Management
New York
|
+$255M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$207M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$203M |
| 5 |
JP Morgan Chase
New York
|
+$156M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$583M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$316M |
| 3 |
PC
PointState Capital
New York
|
-$144M |
| 4 |
Bank of New York Mellon
New York
|
-$126M |
| 5 |
Viking Global Investors
Stamford,
Connecticut
|
-$115M |
ADBE Hedge Fund Activity: Q2 2014 in Review
646 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q2 2014, worth a combined $33.1B — up 13% from $29.3B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new ADBE positions and 51 closed out — a net gain of 22 holders — while 196 added to existing stakes and 254 trimmed.
The largest buyer was Lone Pine Capital, adding an estimated $341M. The largest seller was Macquarie Group, cutting an estimated $583M.
- 646 institutional investors held Adobe (ADBE) as of Q2 2014, up from 627 in Q1 2014.
- Funds reported $33.1B of Adobe stock for Q2 2014, up 13% quarter-over-quarter.
- 73 funds opened new Adobe positions in Q2 2014 and 51 closed out, a net change of +22 holders.
- The largest Adobe buyer in Q2 2014 was Lone Pine Capital, an estimated $341M added.
- The largest Adobe seller in Q2 2014 was Macquarie Group, an estimated $583M sold.
Based on aggregated 13F filings for Q2 2014.