Adobe
ADBE
1,787 hedge funds and large institutions have $131B invested in Adobe in 2020 Q1 according to their latest regulatory filings, with 201 funds opening new positions, 726 increasing their positions, 676 reducing their positions, and 128 closing their positions.
57% more first-time investments, than exits
New positions opened: 201 | Existing positions closed: 128
17% more funds holding in top 10
Funds holding in top 10: 155 → 181 (+26)
3% more funds holding
Funds holding: 1,731 → 1,787 (+56)
7% more repeat investments, than reductions
Existing positions increased: 726 | Existing positions reduced: 676
0.29% more ownership
Funds ownership: 85.19% → 85.48% (+0.29%)
4% less capital invested
Capital invested by funds: $136B → $131B (-$4.85B)
34% less call options, than puts
Call options by funds: $1.73B | Put options by funds: $2.62B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$759M |
| 2 |
ACM
AKRE Capital Management
Middleburg,
Virginia
|
+$390M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$372M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$357M |
| 5 |
Fisher Asset Management
Camas,
Washington
|
+$343M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
-$911M |
| 2 |
Coatue Management
New York
|
-$475M |
| 3 |
JFA
Johanson Financial Advisors
Campbell,
California
|
-$345M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$307M |
| 5 |
D.E. Shaw & Co
New York
|
-$270M |
ADBE Hedge Fund Activity: Q1 2020 in Review
1,787 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q1 2020, worth a combined $131B — down 3.6% from $136B a quarter earlier.
Buyers outnumbered sellers: 201 funds opened new ADBE positions and 128 closed out — a net gain of 73 holders — while 726 added to existing stakes and 676 trimmed.
The largest buyer was BlackRock, adding an estimated $759M. The largest seller was Primecap Management, cutting an estimated $911M.
- 1,787 institutional investors held Adobe (ADBE) as of Q1 2020, up from 1,731 in Q4 2019.
- Funds reported $131B of Adobe stock for Q1 2020, down 3.6% quarter-over-quarter.
- 201 funds opened new Adobe positions in Q1 2020 and 128 closed out, a net change of +73 holders.
- The largest Adobe buyer in Q1 2020 was BlackRock, an estimated $759M added.
- The largest Adobe seller in Q1 2020 was Primecap Management, an estimated $911M sold.
Based on aggregated 13F filings for Q1 2020.