Aristotle Atlantic Partners, LLC released its third-quarter 2025 investor letter, reporting a 9.76% gross return on its Large Cap Growth Strategy, slightly underperforming the Russell 1000 Growth Index’s 10.51% return. The letter discussed market review, quarterly performance, and attribution analysis, with security selection being a factor in the fund’s performance.

In the letter, Adobe Inc. (NASDAQ: ADBE) was highlighted as a stock in the portfolio. ADBE is a technology company with a one-month return of -3.58% and a 33.71% decrease in share value over the last 52 weeks. On November 14, 2025, ADBE closed at $331.11 per share, with a market cap of $139.645 billion.

Aristotle Atlantic Large Cap Growth Strategy mentioned selling Adobe Inc. (ADBE) due to increasing competition in its creative product suite offerings from AI startups and hyperscalers. The firm believes these competitive threats will impact pricing initiatives and Digital Media ARR growth rates, posing a risk to ADBE’s future performance.

Read more at Yahoo Finance: Aristotle Atlantic’s Large Cap Growth Sold Adobe (ADBE) Due to Concerns of Increased Competition