Dimensional Fund Advisors Trims Adobe Stake

Asset manager cuts position in software company by 0.4% in Q3

Mar. 4, 2026 at 10:40am

Dimensional Fund Advisors LP, an institutional investor, trimmed its position in shares of Adobe Inc. (NASDAQ:ADBE) by 0.4% during the third quarter, according to a recent SEC filing. The firm now owns approximately 1.89 million shares of the software company's stock, valued at around $665.7 million.

Why it matters

This filing provides insight into the investment decisions of a major institutional investor and their view on Adobe's stock. Dimensional Fund Advisors is a respected asset manager, so their portfolio moves can be seen as a signal about the company's prospects.

The details

According to the 13F filing, Dimensional Fund Advisors sold 6,684 shares of Adobe during the third quarter, reducing their total position to 1,887,046 shares. This represents around 0.45% ownership of the software company. The filing also shows that other major investors like CX Institutional, Wright Investors Service, and Federated Hermes have made changes to their Adobe holdings during the same period.

  • Dimensional Fund Advisors filed the 13F report covering the third quarter of 2026.

The players

Dimensional Fund Advisors LP

A global investment management firm that provides a range of equity, fixed income, and alternative investment strategies.

Adobe Inc.

A global software company that develops creative, marketing, and document management tools and services.

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The takeaway

This filing suggests that Dimensional Fund Advisors has a somewhat cautious view on Adobe's near-term prospects, as evidenced by their small reduction in position. However, the firm still maintains a sizable stake in the software company, indicating they see long-term value in Adobe's business.