Adobe
ADBE
2,523 hedge funds and large institutions have $181B invested in Adobe in 2023 Q2 according to their latest regulatory filings, with 317 funds opening new positions, 921 increasing their positions, 994 reducing their positions, and 105 closing their positions.
202% more first-time investments, than exits
New positions opened: 317 | Existing positions closed: 105
37% more funds holding in top 10
Funds holding in top 10: 117 → 160 (+43)
26% more capital invested
Capital invested by funds: $144B → $181B (+$36.9B)
8% more funds holding
Funds holding: 2,329 → 2,523 (+194)
0.06% less ownership
Funds ownership: 81.55% → 81.49% (-0.06%)
7% less repeat investments, than reductions
Existing positions increased: 921 | Existing positions reduced: 994
12% less call options, than puts
Call options by funds: $5.2B | Put options by funds: $5.89B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$1.52B |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.06B |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$513M |
| 4 |
Parnassus Investments
San Francisco,
California
|
+$308M |
| 5 |
Janus Henderson Group
London,
|
+$283M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$842M |
| 2 |
Amundi
Paris,
France
|
-$597M |
| 3 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$557M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$448M |
| 5 |
Harris Associates
Chicago,
Illinois
|
-$330M |
ADBE Hedge Fund Activity: Q2 2023 in Review
2,523 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q2 2023, worth a combined $181B — up 26% from $144B a quarter earlier.
Buyers outnumbered sellers: 317 funds opened new ADBE positions and 105 closed out — a net gain of 212 holders — while 921 added to existing stakes and 994 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $1.52B. The largest seller was Massachusetts Financial Services, cutting an estimated $842M.
- 2,523 institutional investors held Adobe (ADBE) as of Q2 2023, up from 2,329 in Q1 2023.
- Funds reported $181B of Adobe stock for Q2 2023, up 26% quarter-over-quarter.
- 317 funds opened new Adobe positions in Q2 2023 and 105 closed out, a net change of +212 holders.
- The largest Adobe buyer in Q2 2023 was Capital Research Global Investors, an estimated $1.52B added.
- The largest Adobe seller in Q2 2023 was Massachusetts Financial Services, an estimated $842M sold.
Based on aggregated 13F filings for Q2 2023.