Chicago Capital LLC Reduces Adobe Inc. Holdings

Investment firm trims stake in software giant by over 23% in Q4 2025

Apr. 18, 2026 at 7:37am

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According to a recent SEC filing, Chicago Capital LLC reduced its position in Adobe Inc. (NASDAQ:ADBE) by 23.3% during the fourth quarter of 2025. The investment firm now owns 29,191 shares of the software company's stock, valued at $10.22 million.

Why it matters

This filing provides insight into the investment decisions of Chicago Capital LLC, a notable institutional investor. The reduction in Adobe holdings could signal a shift in the firm's outlook on the software company's prospects, though it remains a significant shareholder.

The details

Chicago Capital LLC sold 8,864 shares of Adobe during the fourth quarter, bringing its total holdings down to 29,191 shares. The firm cited unspecified factors for the portfolio adjustment, which resulted in a 23.3% decrease in its Adobe position.

  • The filing covers the fourth quarter of 2025, ending on December 31st.

The players

Chicago Capital LLC

An investment management firm that reduced its position in Adobe Inc. by over 23% in Q4 2025.

Adobe Inc.

A global software company that develops creative, marketing and enterprise solutions, headquartered in San Jose, California.

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The takeaway

This filing highlights the shifting investment landscape around Adobe, as one of its institutional shareholders adjusts its position in the software company. While the reasons behind the reduction are not specified, it provides a data point on how large investors are viewing Adobe's prospects.