KBC Group NV raised its holdings in Adobe Inc. ( NASDAQ:ADBE – Free Report ) by 97.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 572,163 shares of the software company's stock after buying an additional 282,068 shares during the period. Adobe comprises about 1.1% of KBC Group NV's holdings, making the stock its 13th largest position. KBC Group NV owned 0.12% of Adobe worth $220,495,000 at the end of the most recent quarter.

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