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StocksUpdated•Originally published 19 April 2026•Updated 19 April 2026•

1 min read

Institutional Investors Rebalance: Divesting Adobe for Electronic Arts and Arista Networks

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Key Facts

1Plimoth Trust Co. LLC significantly reduced its stake in Adobe Inc., selling 6,648 shares.

2The company increased its stake in Waste Management, Inc. by 182.6%, acquiring 6,277 additional shares.

about 2 months ago

Version History

Version 1about 2 months ago

What changed: Updated the story to include Tokio Marine Asset Management's trading activity, highlighting major investments in EA and Arista Networks alongside partial divestments from Adobe and other firms.

Major asset managers executed strategic portfolio shifts during the fourth quarter, with institutional investors continuing to trim stakes in Adobe Inc. despite its earnings beat and the launch of the Firefly AI Assistant. Tokio Marine Asset Management reduced its Adobe position by 14.6% while aggressively increasing its stake in Electronic Arts (EA) by 500.3%, bringing the total value to $9.77 million. The firm also boosted its investment in Arista Networks by 6.3% to $13.95 million, citing strong demand for cloud and AI infrastructure. Conversely, Tokio Marine trimmed positions in Verisk Analytics, MSCI Inc, and Merck & Co. These moves, alongside Plimoth Trust’s recent pivot toward defensive assets like Waste Management, highlight a broader institutional trend of rotating capital within the tech sector and toward stable industrial growth.