Adobe
ADBE
1,390 hedge funds and large institutions have $113B invested in Adobe in 2018 Q3 according to their latest regulatory filings, with 124 funds opening new positions, 488 increasing their positions, 579 reducing their positions, and 68 closing their positions.
82% more first-time investments, than exits
New positions opened: 124 | Existing positions closed: 68
10% more capital invested
Capital invested by funds: $103B → $113B (+$10.4B)
3% more funds holding
Funds holding: 1,345 → 1,390 (+45)
1% more funds holding in top 10
Funds holding in top 10: 124 → 125 (+1)
0.25% less ownership
Funds ownership: 86.03% → 85.78% (-0.25%)
12% less call options, than puts
Call options by funds: $1.58B | Put options by funds: $1.8B
16% less repeat investments, than reductions
Existing positions increased: 488 | Existing positions reduced: 579
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$368M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$348M |
| 3 |
Edgewood Management
Greenwich,
Connecticut
|
+$325M |
| 4 |
State Street
Boston,
Massachusetts
|
+$277M |
| 5 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$250M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$437M |
| 2 |
Polen Capital Management
Boca Raton,
Florida
|
-$394M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$280M |
| 4 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$192M |
| 5 |
Coatue Management
New York
|
-$174M |
ADBE Hedge Fund Activity: Q3 2018 in Review
1,390 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q3 2018, worth a combined $113B — up 10% from $103B a quarter earlier.
Buyers outnumbered sellers: 124 funds opened new ADBE positions and 68 closed out — a net gain of 56 holders — while 488 added to existing stakes and 579 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $368M. The largest seller was JP Morgan Chase, cutting an estimated $437M.
- 1,390 institutional investors held Adobe (ADBE) as of Q3 2018, up from 1,345 in Q2 2018.
- Funds reported $113B of Adobe stock for Q3 2018, up 10% quarter-over-quarter.
- 124 funds opened new Adobe positions in Q3 2018 and 68 closed out, a net change of +56 holders.
- The largest Adobe buyer in Q3 2018 was Morgan Stanley, an estimated $368M added.
- The largest Adobe seller in Q3 2018 was JP Morgan Chase, an estimated $437M sold.
Based on aggregated 13F filings for Q3 2018.