Adobe
ADBE
2,200 hedge funds and large institutions have $80.3B invested in Adobe in 2026 Q1 according to their latest regulatory filings, with 197 funds opening new positions, 792 increasing their positions, 1,008 reducing their positions, and 494 closing their positions.
2% less call options, than puts
Call options by funds: $4.68B | Put options by funds: $4.78B
1.2% less ownership
Funds ownership: 82.93% → 81.72% (-1.2%)
13% less funds holding
Funds holding: 2,537 → 2,200 (-337)
21% less repeat investments, than reductions
Existing positions increased: 792 | Existing positions reduced: 1,008
29% less funds holding in top 10
Funds holding in top 10: 34 → 24 (-10)
34% less capital invested
Capital invested by funds: $122B → $80.3B (-$41.2B)
60% less first-time investments, than exits
New positions opened: 197 | Existing positions closed: 494
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$661M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$635M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$527M |
| 4 |
Primecap Management
Pasadena,
California
|
+$292M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$288M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
-$1.06B |
| 2 |
LP
Longview Partners
St Peter Port,
Guernsey
|
-$411M |
| 3 |
Polen Capital Management
Boca Raton,
Florida
|
-$369M |
| 4 |
BA
Bridgewater Associates
Westport,
Connecticut
|
-$353M |
| 5 |
D.E. Shaw & Co
New York
|
-$335M |
ADBE Hedge Fund Activity: Q1 2026 in Review
2,200 of the 8,207 institutional investors tracked by Wall St. Rank reported a position in Adobe (ADBE) for Q1 2026, worth a combined $80.3B — down 34% from $122B a quarter earlier.
Sellers outnumbered buyers: 494 funds closed out of ADBE and 197 opened new positions — a net loss of 297 holders — while 1,008 trimmed existing stakes and 792 added.
The largest buyer was Two Sigma Investments, adding an estimated $661M. The largest seller was Fisher Asset Management, cutting an estimated $1.06B.
- 2,200 institutional investors held Adobe (ADBE) as of Q1 2026, down from 2,537 in Q4 2025.
- Funds reported $80.3B of Adobe stock for Q1 2026, down 34% quarter-over-quarter.
- 197 funds opened new Adobe positions in Q1 2026 and 494 closed out, a net change of -297 holders.
- The largest Adobe buyer in Q1 2026 was Two Sigma Investments, an estimated $661M added.
- The largest Adobe seller in Q1 2026 was Fisher Asset Management, an estimated $1.06B sold.
Based on aggregated 13F filings for Q1 2026.