Hedge Funds Open Kimono: 5 Most Popular Software Stocks Right Now

3. Adobe Inc. (NASDAQ:ADBE): $297.50
Number of Hedge Funds: 91
Total Dollar Amount of Long Hedge Fund Positions:$8.3 billion
Percent of Hedge Funds with Long Positions: 12.2%
Fourth Quarter Return (through November 14th): 2.1%
Popularity Ranking (Q2): 15
Noteworthy Hedge Fund Shareholders: Stephen Mandel, Ken Fisher