Adobe
ADBE
2,617 hedge funds and large institutions have $188B invested in Adobe in 2023 Q3 according to their latest regulatory filings, with 223 funds opening new positions, 1,039 increasing their positions, 1,002 reducing their positions, and 98 closing their positions.
128% more first-time investments, than exits
New positions opened: 223 | Existing positions closed: 98
6% more funds holding in top 10
Funds holding in top 10: 160 → 169 (+9)
4% more funds holding
Funds holding: 2,523 → 2,617 (+94)
4% more capital invested
Capital invested by funds: $181B → $188B (+$7.17B)
4% more repeat investments, than reductions
Existing positions increased: 1,039 | Existing positions reduced: 1,002
0.58% less ownership
Funds ownership: 81.49% → 80.91% (-0.58%)
9% less call options, than puts
Call options by funds: $5.41B | Put options by funds: $5.94B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$818M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$467M |
| 3 |
JP Morgan Chase
New York
|
+$404M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$371M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$291M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Flossbach Von Storch
Cologne,
Germany
|
-$565M |
| 2 |
ACM
AKRE Capital Management
Middleburg,
Virginia
|
-$520M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$502M |
| 4 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
-$408M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$369M |
ADBE Hedge Fund Activity: Q3 2023 in Review
2,617 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q3 2023, worth a combined $188B — up 4% from $181B a quarter earlier.
Buyers outnumbered sellers: 223 funds opened new ADBE positions and 98 closed out — a net gain of 125 holders — while 1,039 added to existing stakes and 1,002 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $818M. The largest seller was Flossbach Von Storch, cutting an estimated $565M.
- 2,617 institutional investors held Adobe (ADBE) as of Q3 2023, up from 2,523 in Q2 2023.
- Funds reported $188B of Adobe stock for Q3 2023, up 4% quarter-over-quarter.
- 223 funds opened new Adobe positions in Q3 2023 and 98 closed out, a net change of +125 holders.
- The largest Adobe buyer in Q3 2023 was T. Rowe Price Associates, an estimated $818M added.
- The largest Adobe seller in Q3 2023 was Flossbach Von Storch, an estimated $565M sold.
Based on aggregated 13F filings for Q3 2023.