Adobe
ADBE
2,833 hedge funds and large institutions have $222B invested in Adobe in 2023 Q4 according to their latest regulatory filings, with 375 funds opening new positions, 1,065 increasing their positions, 1,084 reducing their positions, and 128 closing their positions.
193% more first-time investments, than exits
New positions opened: 375 | Existing positions closed: 128
18% more capital invested
Capital invested by funds: $188B → $222B (+$33.2B)
8% more funds holding
Funds holding: 2,617 → 2,833 (+216)
8% more funds holding in top 10
Funds holding in top 10: 169 → 182 (+13)
0.69% more ownership
Funds ownership: 80.91% → 81.6% (+0.69%)
2% less repeat investments, than reductions
Existing positions increased: 1,065 | Existing positions reduced: 1,084
23% less call options, than puts
Call options by funds: $6.47B | Put options by funds: $8.41B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.08B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$891M |
| 3 |
BlackRock
New York
|
+$872M |
| 4 |
State Street
Boston,
Massachusetts
|
+$632M |
| 5 |
Neuberger Berman Group
New York
|
+$465M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
-$729M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$536M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$382M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$302M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
-$265M |
ADBE Hedge Fund Activity: Q4 2023 in Review
2,833 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q4 2023, worth a combined $222B — up 18% from $188B a quarter earlier.
Buyers outnumbered sellers: 375 funds opened new ADBE positions and 128 closed out — a net gain of 247 holders — while 1,065 added to existing stakes and 1,084 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $1.08B. The largest seller was Parnassus Investments, cutting an estimated $729M.
- 2,833 institutional investors held Adobe (ADBE) as of Q4 2023, up from 2,617 in Q3 2023.
- Funds reported $222B of Adobe stock for Q4 2023, up 18% quarter-over-quarter.
- 375 funds opened new Adobe positions in Q4 2023 and 128 closed out, a net change of +247 holders.
- The largest Adobe buyer in Q4 2023 was Wellington Management Group, an estimated $1.08B added.
- The largest Adobe seller in Q4 2023 was Parnassus Investments, an estimated $729M sold.
Based on aggregated 13F filings for Q4 2023.