Exchange Traded Concepts Trims Adobe Holdings

Asset management firm reduces stake in software giant by over 20%

Mar. 31, 2026 at 8:03am

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Exchange Traded Concepts LLC, an investment management firm, has reduced its position in Adobe Inc. (NASDAQ:ADBE) by 21.4% in the fourth quarter, according to a recent SEC filing. The firm now holds 15,458 shares of the software company's stock, valued at approximately $5.41 million.

Why it matters

This filing provides insight into the investment decisions and portfolio adjustments of Exchange Traded Concepts, a notable institutional investor. The reduction in Adobe holdings could signal a shift in the firm's outlook on the software company or broader market trends.

The details

According to the 13F filing, Exchange Traded Concepts sold 4,212 shares of Adobe during the fourth quarter, bringing its total position down to 15,458 shares. Adobe's stock has seen volatility in recent months, with shares trading between a 52-week low of $233.15 and a high of $422.95.

  • Exchange Traded Concepts filed the 13F report for the fourth quarter of 2025.

The players

Exchange Traded Concepts LLC

An investment management firm that oversees various exchange-traded funds and other investment products.

Adobe Inc.

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

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The takeaway

This filing highlights the ongoing shifts in institutional investment strategies as asset managers navigate market volatility and reassess their positions in leading technology companies like Adobe. The reduction in holdings could signal broader concerns about the software sector or Adobe's growth prospects.