Who owns Adobe (ADBE)?
170 holders named in SEC filings declare between 57.7% and 78.0% of Adobe's shares outstanding, as of Sep 17, 2026. The largest are BlackRock (10.6%), Vanguard (10.3%) and State Street (5.3%); the five largest hold 32.9% together. Another 1,825 institutions hold small positions worth 7.5%. At least 14.5% of the shares appear in no ownership filing: investors who do not have to report, mostly individuals. From Mar 31, 2026 to Jun 30, 2026, institutions that filed both quarters bought 6.4% and sold 6.9% of the shares, a net sale of 0.53%; 139 opened a position, 634 added, 925 reduced and 321 sold out. Biggest buyers: FIL Ltd (+1.9M shares) and Allianz Asset Management GmbH (+1.1M shares). Biggest sellers: Two Sigma (-2.0M) and Franklin Templeton (-1.5M). Schedule 13D/G filings since Mar 31, 2026: BlackRock, Inc. crossed 5% (9.6%) on Jun 30, 2026 and STATE STREET CORPORATION crossed 5% (5.3%) on Jun 30, 2026. Over time, 1,977 managers declared Adobe in their 13F for Q2 2026, against 1,677 for Q4 2019: together at most 83.6% of the shares outstanding, against 84.8%.
| Holder | Filing | Share of capital | As of | Holding since (13F) |
|---|---|---|---|---|
| BlackRock | 13F | 10.6% | Jun 30, 2026 | Q4 2019 or earlier |
| Vanguard | 13F | 10.3% | Jun 30, 2026 | Q4 2019 or earlier |
| State Street | 13F | 5.3% | Jun 30, 2026 | Q4 2019 or earlier |
| Invesco | 13F | 3.8% | Jun 30, 2026 | Q4 2019 or earlier |
| Geode Capital | 13F | 3.0% | Jun 30, 2026 | Q4 2019 or earlier |
| UBS | 13F | 2.0% | Jun 30, 2026 | Q4 2019 or earlier |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 13F | 1.7% | Jun 30, 2026 | Q4 2019 or earlier |
| Morgan Stanley | 13F | 1.4% | Jun 30, 2026 | Q4 2019 or earlier |
| Amundi | 13F | 1.3% | Jun 30, 2026 | Q4 2019 or earlier |
| PRIMECAP MANAGEMENT CO/CA/ | 13F | 1.3% | Jun 30, 2026 | Q4 2019 or earlier |
| Norges Bank | 13F | 1.3% | Jun 30, 2026 | Q4 2019 or earlier |
| FIL Ltd | 13F | 1.2% | Jun 30, 2026 | Q4 2019 or earlier |
| BNY | 13F | 1.2% | Jun 30, 2026 | Q4 2019 or earlier |
| Northern Trust | 13F | 1.2% | Jun 30, 2026 | Q4 2019 or earlier |
| AQR | 13F | 1.0% | Jun 30, 2026 | Q4 2019 or earlier |
| Deutsche Bank | 13F | 0.94% | Jun 30, 2026 | Q4 2019 or earlier |
| Goldman Sachs | 13F | 0.91% | Jun 30, 2026 | Q4 2019 or earlier |
| Victory Capital Management, Inc. | 13F | 0.90% | Jun 30, 2026 | Q4 2019 or earlier |
| Charles Schwab | 13F | 0.87% | Jun 30, 2026 | Q4 2019 or earlier |
| Legal & General | 13F | 0.82% | Jun 30, 2026 | Q4 2019 or earlier |
| Dodge & Cox | 13F | 0.80% | Jun 30, 2026 | Q4 2019 or earlier |
| HARRIS ASSOCIATES L P | 13F | 0.73% | Jun 30, 2026 | Q1 2026 |
| Fidelity (FMR) | 13F | 0.72% | Jun 30, 2026 | Q4 2019 or earlier |
| JPMorgan | 13F | 0.62% | Jun 30, 2026 | Q4 2019 or earlier |
| Bank of America | 13F | 0.62% | Jun 30, 2026 | Q4 2019 or earlier |
Adobe institutional ownership over time
| Quarter | 13F managers | Share of the company (upper bound) | Value declared | Held by stock pickers |
|---|---|---|---|---|
| Q4 2019 | 1,677 | 84.8% | $134.1B | 63.7% |
| Q4 2020 | 2,130 | 82.1% | $196.8B | 61.3% |
| Q4 2021 | 2,415 | 81.3% | $219.1B | 60.4% |
| Q4 2022 | 2,270 | 80.4% | $125.8B | 57.6% |
| Q4 2023 | 2,803 | 81.2% | $220.6B | 55.7% |
| Q4 2024 | 2,837 | 80.0% | $156.5B | 51.6% |
| Q4 2025 | 2,513 | 82.9% | $121.5B | 48.0% |
| Q2 2026 | 1,977 | 83.6% | $68.2B | 46.2% |
From SEC Form 13F, every quarter since the end of 2019, read like the current quarter: entities of a house summed, a value contradicting its share count set aside. The share of the company is an upper bound — two managers can declare the same shares — over the shares outstanding at that date.