Cliff Asness's ADBE Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 2.33 M shares of Adobe Inc. (ADBE) worth $815.51 M, representing 0.43% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 53 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in ADBE, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2018, adding 1.35 M shares. Largest reduction occurred in Q3 2019, reducing 998,283 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Adobe (ADBE) Holding Value Over Time
Track share changes against reported price movement
Quarterly Adobe (ADBE) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -257,303 | Reduce 9.94% | 2.33 M | $349.99 |
| Q3 2025 | +920,353 | Add 55.21% | 2.59 M | $352.75 |
| Q2 2025 | +34,257 | Add 2.10% | 1.67 M | $386.88 |
| Q1 2025 | +880,134 | Add 116.94% | 1.63 M | $377.48 |
| Q4 2024 | +321,007 | Add 74.37% | 752,655 | $444.68 |
| Q3 2024 | -108,722 | Reduce 20.12% | 431,648 | $514.40 |
| Q2 2024 | -274,515 | Reduce 33.69% | 540,370 | $551.19 |
| Q1 2024 | +63,513 | Add 8.45% | 814,885 | $504.60 |
| Q4 2023 | +29,325 | Add 4.06% | 751,372 | $596.60 |
| Q3 2023 | +42,361 | Add 6.23% | 722,047 | $509.90 |
| Q2 2023 | -224,770 | Reduce 24.85% | 679,686 | $488.05 |
| Q1 2023 | +97,895 | Add 12.14% | 904,456 | $382.24 |
| Q4 2022 | +134,130 | Add 19.95% | 806,561 | $334.72 |
| Q3 2022 | +129,586 | Add 23.87% | 672,431 | $275.20 |
| Q2 2022 | +126,306 | Add 30.32% | 542,845 | $358.99 |
| Q1 2022 | -38,824 | Reduce 8.53% | 416,539 | $455.62 |
| Q4 2021 | -38,745 | Reduce 7.84% | 455,363 | $567.06 |
| Q3 2021 | -69,596 | Reduce 12.35% | 494,108 | $575.72 |
| Q2 2021 | -157,823 | Reduce 21.87% | 563,704 | $585.64 |
| Q1 2021 | -51,646 | Reduce 6.68% | 721,527 | $475.28 |
| Q4 2020 | -55,059 | Reduce 6.65% | 773,173 | $499.26 |
| Q3 2020 | -165,266 | Reduce 16.63% | 828,232 | $490.43 |
| Q2 2020 | -86,181 | Reduce 7.98% | 993,498 | $429.12 |
| Q1 2020 | -26,542 | Reduce 2.40% | 1.08 M | $315.59 |
| Q4 2019 | -221,401 | Reduce 16.68% | 1.11 M | $328.40 |
| Q3 2019 | -998,283 | Reduce 42.92% | 1.33 M | $276.25 |
| Q2 2019 | -573,923 | Reduce 19.79% | 2.33 M | $292.44 |
| Q1 2019 | -815,490 | Reduce 21.95% | 2.9 M | $265.65 |
| Q4 2018 | -283,165 | Reduce 7.08% | 3.72 M | $226.24 |
| Q3 2018 | +1.35 M | Add 50.92% | 4 M | $269.95 |
| Q2 2018 | +622,461 | Add 30.71% | 2.65 M | $243.81 |
| Q1 2018 | +1.17 M | Add 136.95% | 2.03 M | $216.08 |
| Q4 2017 | +322,170 | Add 60.41% | 855,447 | $175.24 |
| Q3 2017 | -149,056 | Reduce 21.85% | 533,277 | $149.18 |
| Q2 2017 | +214 | Add 0.03% | 682,333 | $141.44 |
| Q1 2017 | -12,236 | Reduce 1.76% | 682,119 | $130.13 |
| Q4 2016 | -60,240 | Reduce 7.98% | 694,355 | $102.95 |
| Q3 2016 | +91,903 | Add 13.87% | 754,595 | $108.54 |
| Q2 2016 | +203,092 | Add 44.19% | 662,692 | $95.79 |
| Q1 2016 | -69,456 | Reduce 13.13% | 459,600 | $93.80 |
| Q4 2015 | -18,427 | Reduce 3.37% | 529,056 | $93.94 |
| Q3 2015 | +49,101 | Add 9.85% | 547,483 | $82.22 |
| Q2 2015 | +112,459 | Add 29.14% | 498,382 | $81.01 |
| Q1 2015 | +197,496 | Add 104.81% | 385,923 | $73.94 |
| Q4 2014 | +8,892 | Add 4.95% | 188,427 | $72.70 |
| Q3 2014 | +72,407 | Add 67.59% | 179,535 | $69.19 |
| Q2 2014 | -14,617 | Reduce 12.01% | 107,128 | $72.36 |
| Q1 2014 | +8,400 | Add 7.41% | 121,745 | $65.74 |
| Q4 2013 | +23,921 | Add 26.75% | 113,345 | $59.88 |
| Q3 2013 | +32,400 | Add 56.82% | 89,424 | $51.94 |
| Q2 2013 | +57,024 | Add 0.00% | 57,024 | $45.56 |
| Q4 2012 | +21,253 | Add 0.00% | 21,253 | $37.69 |
Cliff Asness's Adobe Investment FAQs
Cliff Asness first purchased Adobe Inc. (ADBE) in Q4 2012, acquiring 21,253 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Adobe Inc. (ADBE) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to Adobe Inc. (ADBE) was in Q3 2018, adding 3,998,483 shares worth $1.08 B.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 2,330,096 shares of Adobe Inc. (ADBE), valued at approximately $815.51 M.
As of the Q4 2025 filing, Adobe Inc. (ADBE) represents approximately 0.43% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Adobe Inc. (ADBE) was 3,998,483 shares, as reported at the end of Q3 2018.