Adobe
ADBE
1,540 hedge funds and large institutions have $125B invested in Adobe in 2019 Q2 according to their latest regulatory filings, with 134 funds opening new positions, 599 increasing their positions, 579 reducing their positions, and 83 closing their positions.
61% more first-time investments, than exits
New positions opened: 134 | Existing positions closed: 83
12% more funds holding in top 10
Funds holding in top 10: 121 → 135 (+14)
10% more capital invested
Capital invested by funds: $113B → $125B (+$11.7B)
2% more funds holding
Funds holding: 1,508 → 1,540 (+32)
3% more repeat investments, than reductions
Existing positions increased: 599 | Existing positions reduced: 579
0.38% more ownership
Funds ownership: 87% → 87.37% (+0.38%)
17% less call options, than puts
Call options by funds: $1.87B | Put options by funds: $2.26B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$1.08B |
| 2 |
Invesco
Atlanta,
Georgia
|
+$604M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$341M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$297M |
| 5 |
Goldman Sachs
New York
|
+$249M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
-$778M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
-$230M |
| 3 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$218M |
| 4 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$161M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$159M |
ADBE Hedge Fund Activity: Q2 2019 in Review
1,540 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q2 2019, worth a combined $125B — up 10% from $113B a quarter earlier.
Buyers outnumbered sellers: 134 funds opened new ADBE positions and 83 closed out — a net gain of 51 holders — while 599 added to existing stakes and 579 trimmed.
The largest buyer was Nuveen, adding an estimated $1.08B. The largest seller was Primecap Management, cutting an estimated $778M.
- 1,540 institutional investors held Adobe (ADBE) as of Q2 2019, up from 1,508 in Q1 2019.
- Funds reported $125B of Adobe stock for Q2 2019, up 10% quarter-over-quarter.
- 134 funds opened new Adobe positions in Q2 2019 and 83 closed out, a net change of +51 holders.
- The largest Adobe buyer in Q2 2019 was Nuveen, an estimated $1.08B added.
- The largest Adobe seller in Q2 2019 was Primecap Management, an estimated $778M sold.
Based on aggregated 13F filings for Q2 2019.