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2,701 hedge funds and large institutions have $133B invested in Adobe in 2025 Q1 according to their latest regulatory filings, with 182 funds opening new positions, 1,148 increasing their positions, 1,096 reducing their positions, and 298 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.46% more ownership

Funds ownership: 80.22%81.68% (+1.5%)

5% more repeat investments, than reductions

Existing positions increased: 1,148 | Existing positions reduced: 1,096

6% less funds holding

Funds holding: 2,8612,701 (-160)

7% less funds holding in top 10

Funds holding in top 10: 5753 (-4)

16% less capital invested

Capital invested by funds: $158B → $133B (-$24.5B)

24% less call options, than puts

Call options by funds: $4.35B | Put options by funds: $5.74B

39% less first-time investments, than exits

New positions opened: 182 | Existing positions closed: 298

Holders
2,701
Holders Change
-160
Holders Change %
-5.59%
% of All Funds
36.21%
Holding in Top 10
53
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-7.02%
% of All Funds
0.71%
New
182
Increased
1,148
Reduced
1,096
Closed
298
Calls
$4.35B
Puts
$5.74B
Net Calls
-$1.39B
Net Calls Change
+$1.02B
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$15.8B +$73.6M +171,547 +0.4%
BlackRock
2
BlackRock
New York
$15.4B -$111M -257,804 -0.6%
State Street
3
State Street
Massachusetts
$7.78B -$103M -239,959 -1%
Geode Capital Management
4
Geode Capital Management
Massachusetts
$4.23B +$164M +382,673 +4%
Morgan Stanley
5
Morgan Stanley
New York
$3B -$210M -490,648 -6%
Bank of New York Mellon
6
Bank of New York Mellon
New York
$2.5B +$352M +821,293 +14%
Norges Bank
7
Norges Bank
Norway
$2.12B -$87.9M -205,088 -4%
UBS AM
8
UBS AM
Illinois
$2.1B +$54.3M +126,688 +2%
Primecap Management
9
Primecap Management
California
$2.08B -$28.2M -65,810 -1%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$2.02B -$1.03B -2,400,626 -31%
Northern Trust
11
Northern Trust
Illinois
$2B -$39.5M -91,996 -2%
Amundi
12
Amundi
France
$1.78B +$412M +961,895 +25%
Fisher Asset Management
13
Fisher Asset Management
Washington
$1.78B -$85.1M -198,444 -4%
Invesco
14
Invesco
Georgia
$1.46B -$158M -368,418 -9%
Deutsche Bank
15
Deutsche Bank
Germany
$1.43B +$102M +238,542 +7%
Bank of America
16
Bank of America
North Carolina
$1.3B -$5.36M -12,497 -0.4%
Goldman Sachs
17
Goldman Sachs
New York
$1.27B -$73.7M -171,856 -5%
Legal & General Group
18
Legal & General Group
United Kingdom
$1.24B -$19.2M -44,813 -1%
Arrowstreet Capital
19
Arrowstreet Capital
Massachusetts
$1.19B +$432M +1,007,460 +48%
Capital World Investors
20
Capital World Investors
California
$1.19B +$1.14B +2,649,457 +578%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$1.19B +$74.5M +173,616 +6%
Barclays
22
Barclays
United Kingdom
$1.16B +$8.36M +19,494 +0.7%
Edgewood Management
23
Edgewood Management
Connecticut
$1.12B -$484M -1,128,316 -28%
Charles Schwab
24
Charles Schwab
California
$1.11B +$38.3M +89,260 +3%
Polen Capital Management
25
Polen Capital Management
Florida
$1.08B -$84.5M -196,949 -7%

ADBE Hedge Fund Activity: Q1 2025 in Review

2,701 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q1 2025, worth a combined $133B — down 16% from $158B a quarter earlier.

Sellers outnumbered buyers: 298 funds closed out of ADBE and 182 opened new positions — a net loss of 116 holders — while 1,096 trimmed existing stakes and 1,148 added.

The largest buyer was Capital World Investors, adding an estimated $1.14B. The largest seller was Fidelity Investments, cutting an estimated $1.03B.

  • 2,701 institutional investors held Adobe (ADBE) as of Q1 2025, down from 2,861 in Q4 2024.
  • Funds reported $133B of Adobe stock for Q1 2025, down 16% quarter-over-quarter.
  • 182 funds opened new Adobe positions in Q1 2025 and 298 closed out, a net change of -116 holders.
  • The largest Adobe buyer in Q1 2025 was Capital World Investors, an estimated $1.14B added.
  • The largest Adobe seller in Q1 2025 was Fidelity Investments, an estimated $1.03B sold.

Based on aggregated 13F filings for Q1 2025.