Adobe
ADBE
826 hedge funds and large institutions have $41.6B invested in Adobe in 2016 Q1 according to their latest regulatory filings, with 122 funds opening new positions, 294 increasing their positions, 307 reducing their positions, and 48 closing their positions.
154% more first-time investments, than exits
New positions opened: 122 | Existing positions closed: 48
9% more funds holding in top 10
Funds holding in top 10: 46 → 50 (+4)
9% more funds holding
Funds holding: 761 → 826 (+65)
1% less capital invested
Capital invested by funds: $41.8B → $41.6B (-$249M)
4% less repeat investments, than reductions
Existing positions increased: 294 | Existing positions reduced: 307
9% less call options, than puts
Call options by funds: $236M | Put options by funds: $261M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$244M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$210M |
| 3 |
JP Morgan Chase
New York
|
+$153M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$150M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$138M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
-$1.21B |
| 2 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$287M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$239M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$167M |
| 5 |
Neuberger Berman Group
New York
|
-$155M |
ADBE Hedge Fund Activity: Q1 2016 in Review
826 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q1 2016, worth a combined $41.6B — down 0.6% from $41.8B a quarter earlier.
Buyers outnumbered sellers: 122 funds opened new ADBE positions and 48 closed out — a net gain of 74 holders — while 294 added to existing stakes and 307 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $244M. The largest seller was ValueAct Holdings, cutting an estimated $1.21B.
- 826 institutional investors held Adobe (ADBE) as of Q1 2016, up from 761 in Q4 2015.
- Funds reported $41.6B of Adobe stock for Q1 2016, down 0.6% quarter-over-quarter.
- 122 funds opened new Adobe positions in Q1 2016 and 48 closed out, a net change of +74 holders.
- The largest Adobe buyer in Q1 2016 was Fidelity Investments, an estimated $244M added.
- The largest Adobe seller in Q1 2016 was ValueAct Holdings, an estimated $1.21B sold.
Based on aggregated 13F filings for Q1 2016.