Core Insights - Diamond Hill Capital's "Select Fund" underperformed the Russell 3000 Index in Q3 2025, returning 4.98% compared to the index's 8% gain [1] - The fund initiated four new positions in Q3, including Adobe Inc. (NASDAQ:ADBE), indicating a belief in the long-term growth potential of selected companies despite market trends [3] Company Performance - Adobe Inc. reported record revenue of $5.99 billion in Q3 2025, reflecting a 10% year-over-year growth [4] - The stock of Adobe Inc. closed at $337.86 on October 29, 2025, with a market capitalization of $141.428 billion [2] Stock Analysis - Adobe Inc. experienced a one-month return of -2.56% and a significant decline of 30.02% over the past 52 weeks [2] - The company is ranked 13th among the 30 Most Popular Stocks Among Hedge Funds, with 104 hedge fund portfolios holding its stock at the end of Q2 2025, down from 111 in the previous quarter [4]
What Makes Adobe (ADBE) an Investment Bet?