L3VLUP
Quarter end
30 Sep 2025
the date the book describes
Filed
17 Nov 2025
latest of these filings; the earliest 31 Oct 2025
Managers listing it
33
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q2 2025 and Q3 2025; 30 listed it in both
Shares listed
38,474,033
combined, among listed positions
Reported value
$13.6bn
combined, at the quarter end

Among the 95 comparable managers: 17 buyers (opened or added shares) and 15 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.

Managers listing ADBE in Q3 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q2 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

33 of 33 holders

ActionFiling
Arrowstreet Capital LP5,617,145$2.0bn1.25%Added+1,952,99413 Nov 2025 (the filing on sec.gov)
Invesco Ltd4,821,688$1.7bn0.27%Added+414,52613 Nov 2025 (the filing on sec.gov)
Fidelity (FMR LLC)3,658,643$1.3bn0.07%Trimmed-871,09413 Nov 2025 (the filing on sec.gov)
Capital World Investors2,963,299$1.0bn0.14%Trimmed-1,820,99213 Nov 2025 (the filing on sec.gov)
AQR Capital Management LLC2,587,399$913m0.59%Added+920,35314 Nov 2025 (the filing on sec.gov)
D. E. Shaw & Co.2,269,465$801m0.45%Added+1,784,06214 Nov 2025 (the filing on sec.gov)
Polen Capital Management LLC1,857,198$655m2.13%Trimmed-1,499,58312 Nov 2025 (the filing on sec.gov)
Two Sigma Advisers LP1,612,800$569m1.14%Added+142,50014 Nov 2025 (the filing on sec.gov)
Dodge & Cox1,593,506$562m0.30%Added+1,573,84913 Nov 2025 (the filing on sec.gov)
T. Rowe Price Associates Inc1,379,193$487m0.05%Trimmed-333,76114 Nov 2025 (the filing on sec.gov)
Bridgewater Associates LP1,262,696$445m1.74%Added+533,19813 Nov 2025 (the filing on sec.gov)
Man Group PLC1,177,624$415m0.72%Added+303,14514 Nov 2025 (the filing on sec.gov)
Acadian Asset Management LLC1,124,621$397m0.69%Added+50,72213 Nov 2025 (the filing on sec.gov)
Renaissance Technologies LLC956,669$337m0.45%Added+409,97613 Nov 2025 (the filing on sec.gov)
Capital Research Global Investors899,146$317m0.06%Trimmed-391,21213 Nov 2025 (the filing on sec.gov)
AllianceBernstein LP850,388$300m0.09%Trimmed-506,65414 Nov 2025 (the filing on sec.gov)
Two Sigma Investments LP702,326$248m0.37%Added+33,68814 Nov 2025 (the filing on sec.gov)
Wellington Management Group LLP632,938$223munder 0.1%Trimmed-288,49314 Nov 2025 (the filing on sec.gov)
Coatue Management LLC610,621$215m0.53%Held014 Nov 2025 (the filing on sec.gov)
Janus Henderson Group Ltd501,793$177m0.08%Trimmed-291,97214 Nov 2025 (the filing on sec.gov)
Millennium Management LLC454,871$160m0.07%Trimmed-126,49614 Nov 2025 (the filing on sec.gov)
Voloridge Investment Management LLC251,281$89m0.30%Added+75,38714 Nov 2025 (the filing on sec.gov)
Squarepoint Ops LLC250,497$88m0.09%Trimmed-335,46314 Nov 2025 (the filing on sec.gov)
Caxton Associates LLP91,596$32m0.76%Trimmed-10,74417 Nov 2025 (the filing on sec.gov)
Woodline Partners LP56,704$20m0.09%Trimmed-118,12214 Nov 2025 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q2 2025 to Q3 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
47 in Q3 2024 to 24 in Q2 2026

Tracked managers listing it, at least.

02040602014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
ADBE by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201317$5.9bnn.a.n.a.
Q3 201316$6.3bnn.a.n.a.
Q4 201316$6.3bnn.a.n.a.
Q1 201418$7.5bnn.a.n.a.
Q2 201424$8.7bnn.a.n.a.
Q3 201419$8.3bnn.a.n.a.
Q4 201424$7.4bnn.a.n.a.
Q1 201526$7.6bnn.a.n.a.
Q2 201524$8.2bnn.a.n.a.
Q3 201530$7.8bnn.a.n.a.
Q4 201524$8.3bnn.a.n.a.
Q1 201631$7.6bnn.a.n.a.
Q2 201628$7.1bnn.a.n.a.
Q3 201628$8.0bnn.a.n.a.
Q4 201628$7.7bnn.a.n.a.
Q1 201729$10.2bnn.a.n.a.
Q2 201730$12.7bnn.a.n.a.
Q3 201735$13.9bnn.a.n.a.
Q4 201736$17.1bnn.a.n.a.
Q1 201841$21.9bnn.a.n.a.
Q2 201839$23.4bnn.a.n.a.
Q3 201842$26.0bnn.a.n.a.
Q4 201848$22.6bnn.a.n.a.
Q1 201943$26.4bnn.a.n.a.
Q2 201949$29.2bnn.a.n.a.
Q3 201941$26.4bnn.a.n.a.
Q4 201943$29.9bnn.a.n.a.
Q1 202046$27.9bnn.a.n.a.
Q2 202041$36.2bnn.a.n.a.
Q3 202042$38.5bnn.a.n.a.
Q4 202039$38.0bnn.a.n.a.
Q1 202138$35.2bnn.a.n.a.
Q2 202130$42.1bnn.a.n.a.
Q3 202137$41.8bnn.a.n.a.
Q4 202135$38.7bnn.a.n.a.
Q1 202239$26.6bnn.a.n.a.
Q2 202235$19.6bnn.a.n.a.
Q3 202244$14.4bnn.a.n.a.
Q4 202241$40.8bnn.a.n.a.
Q1 202341$18.0bnn.a.n.a.
Q2 202343$23.6bnn.a.n.a.
Q3 202344$24.6bnn.a.n.a.
Q4 202343$30.1bn1825
Q1 202446$24.4bn2721
Q2 202444$26.2bn2026
Q3 202447$23.6bn2822
Q4 202444$17.0bn2324
Q1 202543$14.2bn2420
Q2 202540$15.1bn2221
Q3 202533$13.6bn1715
Q4 202536$17.3bn2422
Q1 202632$11.8bn2225
Q2 202624$7.9bn1728

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

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How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own ADBE, latest filings →Back to the 13F Explorer →