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American Century Boosts Adobe Stock Holdings
Investment firm increases stake in software company by 27.5%
Mar. 2, 2026 at 6:15pm
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American Century Companies Inc. has increased its stake in Adobe Inc. (NASDAQ:ADBE) by 27.5% in the third quarter, according to a recent SEC filing. The investment firm now owns 420,266 shares of the software company's stock, worth approximately $148 million.
Why it matters
This move by American Century, a major institutional investor, signals continued confidence in Adobe's long-term growth prospects despite recent market volatility. As one of the leading providers of creative and marketing software, Adobe's performance is closely watched by the investment community.
The details
According to the 13F filing, American Century acquired an additional 90,518 shares of Adobe during the third quarter, bringing its total stake to 420,266 shares. This represents approximately 0.10% of Adobe's outstanding shares. The investment firm cited Adobe's strong market position and potential for future growth as reasons for increasing its position in the stock.
- American Century filed its 13F report for the third quarter on 2026-03-02.
The players
American Century Companies Inc.
A global investment management firm that oversees more than $200 billion in assets.
Adobe Inc.
A leading software company that provides creative, marketing, and document management tools and services.
The takeaway
This move by American Century highlights the continued investor confidence in Adobe's business model and growth potential, even as the broader market has experienced volatility. As a major institutional investor, American Century's increased stake in Adobe signals that the software company remains an attractive long-term investment.
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