Which funds own ADBE
Adobe Inc in the Q2 2026 filings. At least 16 of the 91 current managers on file reported a position, worth $7.5bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.
- Managers holding
- 16
- at least, of 91 current
- Combined value
- $7.5bn
- as reported
- Opened
- 1
- new this quarter
- Added to
- 8
- already held
- Trimmed or sold out
- 8
- 1 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Invesco Ltd Long-only · $1264bn book | $3.0bn | 0.2% | 14,654,959 | -$429m+528,125 | Added |
| Arrowstreet Capital LP Quantitative · $225bn book | $1.4bn | 0.6% | 6,787,022 | -$260m-5,253 | Trimmed |
| AQR Capital Management LLC Quantitative · $287bn book | $805m | 0.3% | 3,928,010 | -$218m-304,030 | Trimmed |
| Dodge & Cox Value · $191bn book | $639m | 0.3% | 3,114,932 | +$32m+619,337 | Added |
| Harris Associates LP Value · $75.4bn book | $580m | 0.8% | 2,829,066 | +$22m+535,245 | Added |
| Man Group PLC Quantitative · $62.7bn book | $315m | 0.5% | 1,536,426 | +$9.5m+279,646 | Added |
| Two Sigma Investments LP Quantitative · $138bn book | $224m | 0.2% | 1,093,171 | -$537m-2,035,867 | Trimmed |
| Acadian Asset Management LLC Quantitative · $84.2bn book | $153m | 0.2% | 746,697 | -$131m-422,362 | Trimmed |
| Hudson Bay Capital Management LP Multi-strategy · $36.8bn book | $137m | 0.4% | 665,580 | +$32m+237,080 | Added |
| Marshall Wace LLP Quantitative · $127bn book | $133m | 0.1% | 649,396 | +$45m+286,328 | Added |
| Schonfeld Strategic Advisors LLC Multi-strategy · $27.9bn book | $85m | 0.3% | 413,593 | +$84m+411,059 | Added |
| Woodline Partners LP Long/short equity · $32.4bn book | $46m | 0.1% | 226,088 | +$13m+90,190 | Added |
| Caxton Associates LLP Macro · $5.3bn book | $5.9m | 0.1% | 28,766 | -$16m-61,107 | Trimmed |
| Quantbot Technologies LP Quantitative · $2.5bn book | $4.8m | 0.2% | 23,307 | -$4.6m-15,319 | Trimmed |
| Soros Fund Management LLC Macro · $8.1bn book | $4.8m | 0.1% | 23,419 | opened23,419 | New |
| Polen Capital Management LLC Long-only · $11.6bn book | $1.6m | 0.0% | 7,581 | -$1.3m-4,287 | Trimmed |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Holocene Advisors LP · Long/short equity$94m held before
Ownership through time
At least 24 of the 95 managers whose filings are on file listed ADBE in Q2 2026, against 16 in Q2 2013. 8 managers fewer than in Q1 2026: 1 started a position; 2 listed it again; 1 sold out, by its own filing; 10 no longer listed it among the positions read, which can mean a holding below the listed range, a filing that reported no holdings, or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q2 2013: 16
- Q3 2013: 15
- Q4 2013: 15
- Q1 2014: 18
- Q2 2014: 24
- Q3 2014: 18
- Q4 2014: 23
- Q1 2015: 25
- Q2 2015: 23
- Q3 2015: 29
- Q4 2015: 24
- Q1 2016: 31
- Q2 2016: 28
- Q3 2016: 28
- Q4 2016: 28
- Q1 2017: 29
- Q2 2017: 30
- Q3 2017: 35
- Q4 2017: 36
- Q1 2018: 41
- Q2 2018: 39
- Q3 2018: 42
- Q4 2018: 48
- Q1 2019: 43
- Q2 2019: 49
- Q3 2019: 41
- Q4 2019: 43
- Q1 2020: 46
- Q2 2020: 41
- Q3 2020: 42
- Q4 2020: 39
- Q1 2021: 38
- Q2 2021: 30
- Q3 2021: 37
- Q4 2021: 35
- Q1 2022: 39
- Q2 2022: 35
- Q3 2022: 44
- Q4 2022: 41
- Q1 2023: 41
- Q2 2023: 43
- Q3 2023: 44
- Q4 2023: 43
- Q1 2024: 46
- Q2 2024: 44
- Q3 2024: 47
- Q4 2024: 44
- Q1 2025: 43
- Q2 2025: 40
- Q3 2025: 33
- Q4 2025: 36
- Q1 2026: 32
- Q2 2026: 24
- Q2 2013: $5.8bn
- Q3 2013: $6.2bn
- Q4 2013: $6.3bn
- Q1 2014: $7.5bn
- Q2 2014: $8.7bn
- Q3 2014: $8.3bn
- Q4 2014: $7.3bn
- Q1 2015: $7.6bn
- Q2 2015: $8.1bn
- Q3 2015: $7.5bn
- Q4 2015: $8.3bn
- Q1 2016: $7.6bn
- Q2 2016: $7.1bn
- Q3 2016: $8.0bn
- Q4 2016: $7.7bn
- Q1 2017: $10.2bn
- Q2 2017: $12.7bn
- Q3 2017: $13.9bn
- Q4 2017: $17.1bn
- Q1 2018: $21.9bn
- Q2 2018: $23.4bn
- Q3 2018: $26.0bn
- Q4 2018: $22.6bn
- Q1 2019: $26.4bn
- Q2 2019: $29.2bn
- Q3 2019: $26.4bn
- Q4 2019: $29.9bn
- Q1 2020: $27.9bn
- Q2 2020: $36.2bn
- Q3 2020: $38.5bn
- Q4 2020: $38.0bn
- Q1 2021: $35.2bn
- Q2 2021: $42.1bn
- Q3 2021: $41.8bn
- Q4 2021: $38.7bn
- Q1 2022: $26.6bn
- Q2 2022: $19.6bn
- Q3 2022: $14.4bn
- Q4 2022: $40.8bn
- Q1 2023: $18.0bn
- Q2 2023: $23.6bn
- Q3 2023: $24.6bn
- Q4 2023: $30.1bn
- Q1 2024: $24.4bn
- Q2 2024: $26.2bn
- Q3 2024: $23.6bn
- Q4 2024: $17.0bn
- Q1 2025: $14.2bn
- Q2 2025: $15.1bn
- Q3 2025: $13.6bn
- Q4 2025: $17.3bn
- Q1 2026: $11.8bn
- Q2 2026: $7.9bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
Largest increases, by shares
- Dodge & Cox2,495,595 to 3,114,932 shares+$127m
- Harris Associates LP2,293,821 to 2,829,066 shares+$110m
- Invesco Ltd14,126,834 to 14,654,959 shares+$108m
- Marshall Wace LLP363,068 to 649,396 shares+$59m
- Man Group PLC1,256,780 to 1,536,426 shares+$57m
Largest decreases, by shares
- Two Sigma Investments LP3,129,038 to 1,093,171 shares-$417m
- Capital World Investors1,533,420 to 477,830 shares-$216m
- Renaissance Technologies LLC925,270 to 254,958 shares-$137m
- Acadian Asset Management LLC1,169,059 to 746,697 shares-$87m
- Voloridge Investment Management LLC555,006 to 136,910 shares-$86m
Left it
- Holocene Advisors LPwas $94m
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Invesco Ltd | Q2 2013 | $5.1bn | $3.0bn | |
| Arrowstreet Capital LP | Q1 2017 | $2.2bn | $1.4bn | |
| AQR Capital Management LLC | Q1 2015 | $1.1bn | $805m | |
| Dodge & Cox | Q2 2013 | $1.0bn | $639m | |
| Harris Associates LP | Q4 2022 | $580m | $580m | |
| Man Group PLC | Q1 2018 | $415m | $315m | |
| Two Sigma Investments LP | Q2 2013 | $761m | $224m | |
| Acadian Asset Management LLC | Q3 2017 | $415m | $153m | |
| Hudson Bay Capital Management LP | Q2 2016 | $153m | $136m | |
| Marshall Wace LLP | Q1 2014 | $555m | $133m | |
| AllianceBernstein LP | Q2 2013 | $3.0bn | $118m | |
| Capital World Investors | Q2 2013 | $1.9bn | $98m | |
| Capital Research Global Investors | Q2 2013 | $2.6bn | $92m | |
| Schonfeld Strategic Advisors LLC | Q1 2016 | $85m | $85m | |
| Renaissance Technologies LLC | Q4 2014 | $593m | $52m | |
| Eisler Capital Management Ltd | Q3 2021 | $23.9bn | last listed Q3 2025 | |
| Fidelity (FMR LLC) | Q2 2013 | $14.8bn | last listed Q1 2026 | |
| T. Rowe Price Associates Inc | Q1 2018 | $4.2bn | last listed Q1 2026 | |
| Janus Henderson Group Ltd | Q2 2013 | $4.1bn | last listed Q4 2025 | |
| MFS Investment Management | Q3 2014 | $3.5bn | last listed Q3 2024 | |
| ValueAct Holdings LP | Q2 2013 | $1.8bn | last listed Q1 2016 | |
| Wellington Management Group LLP | Q2 2014 | $1.6bn | last listed Q3 2025 | |
| Lone Pine Capital LLC | Q1 2014 | $1.5bn | last listed Q4 2021 | |
| Viking Global Investors LP | Q2 2013 | $1.4bn | last listed Q4 2024 | |
| Coatue Management LLC | Q1 2014 | $1.0bn | last listed Q4 2025 |
Last reported earlier
These managers’ latest filings are from an earlier quarter, so they are not counted above.
- Eisler Capital Management Ltd · Q3 2025$15m · 0.1%
Reported as options rather than shares
A put or a call on a name is not a position in it, and the filing states the notional rather than what the option cost. These lines are listed apart for that reason and are not counted in anything above.
- Susquehanna International Group LLP · calls$1.6bn notional
- Susquehanna International Group LLP · puts$1.1bn notional
- Jane Street Group LLC · puts$1.1bn notional
- Citadel Advisors LLC · calls$908m notional
- Citadel Advisors LLC · puts$657m notional
- Hudson Bay Capital Management LP · puts$136m notional
- Schonfeld Strategic Advisors LLC · puts$82m notional
- Tudor Investment Corp · puts$58m notional
What ADBE is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around ADBE →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
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