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2. Adobe Inc. (NASDAQ:ADBE)

Number of Hedge Fund Investors In Q2 2023: 109

Adobe Inc. (NASDAQ:ADBE) is another productivity software provider that has expanded its products as of late to offer them under the Adobe Creative Suite to offer a SaaS platform. The firm made a big AI announcement in October when it revealed its ‘object aware’ generative AI engine to allow for better content creation.

As of June 2023, 109 out of the 910 hedge funds part of Insider Monkey’s database were Adobe Inc. (NASDAQ:ADBE)’s investors. Ken Fisher’s Fisher Asset Management is the biggest shareholder in our database through its $2.3 billion investment.

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