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2,689 hedge funds and large institutions have $134B invested in Adobe in 2025 Q2 according to their latest regulatory filings, with 217 funds opening new positions, 1,030 increasing their positions, 1,164 reducing their positions, and 194 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more first-time investments, than exits

New positions opened: 217 | Existing positions closed: 194

2% more funds holding in top 10

Funds holding in top 10: 5354 (+1)

1% more capital invested

Capital invested by funds: $133B → $134B (+$1.13B)

0.28% more ownership

Funds ownership: 81.68%81.96% (+0.28%)

0% less funds holding

Funds holding: 2,7012,689 (-12)

12% less repeat investments, than reductions

Existing positions increased: 1,030 | Existing positions reduced: 1,164

20% less call options, than puts

Call options by funds: $4.26B | Put options by funds: $5.3B

Holders
2,689
Holders Change
-12
Holders Change %
-0.44%
% of All Funds
35.4%
Holding in Top 10
54
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+1.89%
% of All Funds
0.71%
New
217
Increased
1,030
Reduced
1,164
Closed
194
Calls
$4.26B
Puts
$5.3B
Net Calls
-$1.03B
Net Calls Change
+$359M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$15.9B -$46M -119,256 -0.3%
BlackRock
2
BlackRock
New York
$15.5B -$41.3M -107,275 -0.3%
State Street
3
State Street
Massachusetts
$7.85B -$1.84M -4,767 -0%
Geode Capital Management
4
Geode Capital Management
Massachusetts
$4.27B +$8.39M +21,778 +0.2%
Morgan Stanley
5
Morgan Stanley
New York
$2.86B -$162M -421,396 -5%
Bank of New York Mellon
6
Bank of New York Mellon
New York
$2.43B -$97.6M -253,234 -4%
UBS AM
7
UBS AM
Illinois
$2.4B +$278M +722,677 +13%
Norges Bank
8
Norges Bank
Norway
$2.03B -$111M -289,220 -5%
Northern Trust
9
Northern Trust
Illinois
$1.97B -$49.5M -128,410 -2%
Capital World Investors
10
Capital World Investors
California
$1.85B +$646M +1,676,339 +54%
Fisher Asset Management
11
Fisher Asset Management
Washington
$1.77B -$29.8M -77,218 -2%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$1.75B -$284M -736,799 -14%
Invesco
13
Invesco
Georgia
$1.71B +$235M +610,215 +16%
Primecap Management
14
Primecap Management
California
$1.61B -$487M -1,264,055 -23%
Amundi
15
Amundi
France
$1.57B -$271M -702,884 -14%
Goldman Sachs
16
Goldman Sachs
New York
$1.52B +$237M +614,316 +19%
Deutsche Bank
17
Deutsche Bank
Germany
$1.44B -$3.19M -8,284 -0.2%
Arrowstreet Capital
18
Arrowstreet Capital
Massachusetts
$1.42B +$212M +548,903 +18%
Bank of America
19
Bank of America
North Carolina
$1.34B +$30.7M +79,752 +2%
Polen Capital Management
20
Polen Capital Management
Florida
$1.3B +$207M +538,156 +19%
Assenagon Asset Management
21
Assenagon Asset Management
Luxembourg
$1.2B +$905M +2,347,562 +308%
Legal & General Group
22
Legal & General Group
United Kingdom
$1.2B -$56.3M -146,073 -5%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$1.19B -$6.59M -17,105 -0.6%
JP Morgan Chase
24
JP Morgan Chase
New York
$1.19B +$116M +299,897 +11%
Barclays
25
Barclays
United Kingdom
$1.14B -$29.2M -75,900 -3%

ADBE Hedge Fund Activity: Q2 2025 in Review

2,689 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q2 2025, worth a combined $134B — up 0.85% from $133B a quarter earlier.

Buyers outnumbered sellers: 217 funds opened new ADBE positions and 194 closed out — a net gain of 23 holders — while 1,030 added to existing stakes and 1,164 trimmed.

The largest buyer was Assenagon Asset Management, adding an estimated $905M. The largest seller was Edgewood Management, cutting an estimated $1.13B.

  • 2,689 institutional investors held Adobe (ADBE) as of Q2 2025, down from 2,701 in Q1 2025.
  • Funds reported $134B of Adobe stock for Q2 2025, up 0.85% quarter-over-quarter.
  • 217 funds opened new Adobe positions in Q2 2025 and 194 closed out, a net change of +23 holders.
  • The largest Adobe buyer in Q2 2025 was Assenagon Asset Management, an estimated $905M added.
  • The largest Adobe seller in Q2 2025 was Edgewood Management, an estimated $1.13B sold.

Based on aggregated 13F filings for Q2 2025.