ADOBE SYSTEMS INCORPORATED (ADBE) — Hedge Fund Ownership Q1 2026
ADBE
- ADOBE SYSTEMS INCORPORATED (ADBE) is held by 11 of 82 tracked hedge funds, with Hillman Capital Management (3%) and Patient Capital Management (3%) holding the largest stakes, indicating moderate hedge fund interest relative to peers.
- New position in ADBE stock was initiated by Patient Capital Management (3%).
- The biggest increases in ADBE holdings came from Dodge & Cox (+15%) and Olstein Capital Management (+56%), highlighting conviction.
- The biggest decreases in ADBE holdings came from Polen Capital Management (-99%) and Cantillon Capital Management (-12%), suggesting profit-taking or de-risking.
- 2 hedge funds exited ADBE.
- Overall, hedge funds decreased exposure to ADOBE SYSTEMS INCORPORATED (ADBE) by -24% vs the prior quarter and -3% vs prior year.
| # | Fund | % of Portfolio † | Shares † | Shares vs Prior Quarter † | Shares vs Prior Year † | Aggregate Value † | Reported Price * | Option |
|---|---|---|---|---|---|---|---|---|
| 1 |
Hillman Capital Management Mark Hillman
|
2.73% | 16K | +122.86% | +63.55% | $3.9M | $243.08 | — |
| 2 |
Patient Capital Management Samantha McLemore
|
2.69% | 297K | NEW | — | $72.3M | $243.08 | — |
| 3 |
Cantillon Capital Management William von Mueffling
|
1.65% | 1.0M | -11.88% | +27.96% | $247.9M | $243.08 | — |
| 4 |
Olstein Capital Management Robert Olstein
|
1.33% | 25K | +56.25% | — | $6.1M | $243.08 | — |
| 5 |
Dodge & Cox
|
0.33% | 2.5M | +15.30% | +12440.68% | $606.6M | $243.08 | — |
| 6 |
Jensen Investment Management
|
0.16% | 34K | -2.21% | -23.10% | $8.2M | $243.08 | — |
| 7 |
Lindsell Train
|
0.05% | 7K | +32.08% | +96.63% | $1.7M | $243.08 | — |
| 8 |
Davis Selected Advisers Christopher Davis
|
0.05% | 45K | NEW | — | $11.0M | $243.10 | — |
| 9 |
Polen Capital Management
|
0.02% | 12K | -99.12% | -99.58% | $2.9M | $243.08 | — |
| 10 |
Mairs & Power
|
0.00% | 2K | — | -2.62% | $488,348 | $243.08 | — |
| 11 |
Pzena Investment Management Richard Pzena
|
0.00% | 1K | +20.67% | — | $245,511 | $243.08 | — |
| — |
Maverick Capital Lee Ainslie
|
— | — | EXITED | — | — | — | — |
| — |
Torray Investment Partners Robert Torray
|
— | — | EXITED | — | — | — | — |
| 11 | Total | — | 4.0M | -24.15% | -3.40% | $961.3M | — | — |
* Reported price is not an actual purchase or sale price. It is the price as of the last portfolio date.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.