Scharf Investments LLC lessened its holdings in shares of Adobe Inc. ( NASDAQ:ADBE – Get Rating ) by 6.0% during the 4th quarter, HoldingsChannel reports. The fund owned 3,361 shares of the software company's stock after selling 216 shares during the period. Scharf Investments LLC's holdings in Adobe were worth $1,131,000 as of its most recent SEC filing. Several other institutional investors and hedge funds also recently bought and sold shares of ADBE. Vanguard Group Inc. grew its stake in shares of Adobe by 0.

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