Adobe
ADBE
917 hedge funds and large institutions have $44.7B invested in Adobe in 2016 Q4 according to their latest regulatory filings, with 123 funds opening new positions, 321 increasing their positions, 333 reducing their positions, and 69 closing their positions.
87.51% more ownership
Funds ownership: 0% → 87.51% (+88%)
78% more first-time investments, than exits
New positions opened: 123 | Existing positions closed: 69
4% more funds holding
Funds holding: 878 → 917 (+39)
4% less repeat investments, than reductions
Existing positions increased: 321 | Existing positions reduced: 333
6% less capital invested
Capital invested by funds: $47.5B → $44.7B (-$2.86B)
22% less funds holding in top 10
Funds holding in top 10: 55 → 43 (-12)
32% less call options, than puts
Call options by funds: $272M | Put options by funds: $400M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
+$285M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$260M |
| 3 |
Asset Management One
Tokyo,
Japan
|
+$83.9M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$81M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$75.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCM
Eton Park Capital Management
New York
|
-$185M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$185M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$170M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$149M |
| 5 |
PC
PointState Capital
New York
|
-$120M |
ADBE Hedge Fund Activity: Q4 2016 in Review
917 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q4 2016, worth a combined $44.7B — down 6% from $47.5B a quarter earlier.
Buyers outnumbered sellers: 123 funds opened new ADBE positions and 69 closed out — a net gain of 54 holders — while 321 added to existing stakes and 333 trimmed.
The largest buyer was Maverick Capital, adding an estimated $285M. The largest seller was Eton Park Capital Management, exiting entirely with an estimated $185M sold.
- 917 institutional investors held Adobe (ADBE) as of Q4 2016, up from 878 in Q3 2016.
- Funds reported $44.7B of Adobe stock for Q4 2016, down 6% quarter-over-quarter.
- 123 funds opened new Adobe positions in Q4 2016 and 69 closed out, a net change of +54 holders.
- The largest Adobe buyer in Q4 2016 was Maverick Capital, an estimated $285M added.
- The largest Adobe seller in Q4 2016 was Eton Park Capital Management, an estimated $185M sold.
Based on aggregated 13F filings for Q4 2016.