Phillip “Phill” Gross is an experienced investor and an influential figure in the world of institutional assets management, better known as the co -founder, CEO and head of Health Portfolio Adagi Capital Management. While Robert Atchinson, his long -time co -founder and co -founder, is responsible for the portfolio of Gros’s firm, leadership and strategic vision, have played a key role in conforming to the philosophy and reputation for long -term Adage investments. The two met in the mid -1980’s as they worked as Harvard University Endowment Analysts. Their professional synergy led them to leave Harvard’s management company in the 1990’s, following a public scrutiny on performance -based bonuses. With the support of an initial $ 1.8 billion investment of Harvard and an agreement for the university to receive 10% of the firm’s income, they launched Adage Capital Management in 2001 along with a team of 18 people.
Under Gross’s co-leadership, Adage has become a key asset management player for prominent institutional clients such as Harvard University, Dartmouth College, Northwest University, American Red Cross and Getty Foundation. The firm specializes in long/short capital strategies guided by fundamental analysis and is engaged in risk arbitration and events -based opportunities when market conditions are favorable. Adage Capital Management and his predecessor, the Harvard Management Company Select Equity Group, have constantly surpassed the largest market reference points at an average of 3.5% over the last 15 years. This is a testament to the framework of disciplined investments and promoted by the research that Gross helped to instill.
The Gross itself brings a deep funding in health investment, having served for almost two decades by Harvard Management Company on various roles, including health and retail analysts, Capital and Partner Research Director. Its academic credentials include a BS in Finance and Economics (1982) and an MS in Investments (1983), both from the University of Wisconsin. He is actively dedicated to his alma mater, exercising the advisory councils of the Steve Hawk Center for Applied Securities Analysis and the Nicholas Center for Applied Corporate Finance. In recognition of his professional accomplishments and ongoing contributions, Gross received the distinguished student Award from the University of Wisconsin Business School in 2006.
Beyond finance, Gross is a committed philanthropist. He co -founded Strategic Grant Partners, an organization focused on promoting systemic change in family education and services in Massachusetts. He is also the Vice President of the Youth Board of Directors Enrichment Services, a non -profit that provides young outdoor recreational experiences. It also occupies the Council’s positions with the United States Ski and Snowboard Association, where he is the Vice President of the Investment Committee and the T2 Foundation.
The latest presentation of 13f of the ADAGA Capital Management for the 4th 2024 reported $ 57.19 billion in managed values, with the 10 best stakes that include 31.7% of the total portfolio, demonstrating a strategic but diversified approach to assignment assignment. While Atchinson oversees the management of everyday portfolio, gross influence and lasting expertise, especially in health investment, continue to configure the long -term success of the company and institutional credibility.
We have searched for the files of 13 2024 Adage Capital Management to identify Phill Gross Phill Gross Stock Options with more potential. We gathered actions with a potential in reverse more than 34% at the time of writing this article and discussed why they stood out as strong potential investments. Finally, we classified the stocks based on the ascending order of its potential aside. To help readers with more context, the feeling of the coverage collection around each action was mentioned by means of data of 1,009 coverage funds tracked by Insider Monkey in the fourth quarter of 2024.
Why are we interested in the stocks that cover the funds? The reason is simple: our research has shown that we can overcome the market by imitating the best stock options for the best coverage funds. The strategy of our quarterly bulletin selects 14 stocks of small layers and large layers each quarter and has returned 363.5% since May 2014, exceeding its reference point at 208 percentage points (Check out more details here)).
Adobe Inc. (ADBE): Among the actions of the unknown billionaire Phill Gross, with great potential on the reverse
A team of engineers and scientists who collaborate in a working station surrounded by their applications and solutions.
Number of coverage fund holders from the fourth quarter: 117
ADAGA Capital Management’s Stake: $ 220.82 million
Potential upside down from May 2: 35.66%
Adobe Inc. (Nasdaq: Adbe), based in San Jose, California, is a world leader in creative and digital software solutions. The company is widely recognized for its creative badge Cloud Suite, which encompasses a wide range of tools for photographs and videos, vector graphics, web design and printing, animation, mobile application development and audio production. Adobe has constantly set up industry leading points with its software offers and continues to quickly advance in the kingdoms of artificial intelligence and generative means, further its influence on the creative and technological industries.
Adobe Inc. (Nasdaq: Adbe) He has also taken important steps in the field of generative IA, particularly through improvements to his Firefly platform. The recently launched Firefly Image Model 4 introduces the main updates in the quality, speed and creative control of the image. It allows a refined manipulation of visual elements such as camera angles, zoom effects and stylistic accuracy, and supports high -solving exits up to 2K. A more advanced version, Image Model 4 ultra, further raises the quality of the output, which allows the generation of complex scenes with detailed structures and a nuanced stylistic accuracy, thanks to a more intensive computational formation.
For the first quarter of the exercise 2025, Adobe Inc. (NASDAQ: ADBE) Delivered record financial results, which reported income of $ 5.71 billion, demonstrating a 10% year -on -year increase. The quarter’s operating revenue reached $ 2.16 billion and the company recorded a diluted GAAP profit per $ 4.14, with a net income of $ 1.81 billion. Operations cash flows were robust at $ 2.48 billion, emphasizing strong financial health and Adobe’s operating efficiency. By reflecting its commitment to the yields’ returns, the company bought approximately 7 million shares during the quarter.
With a strong quarterly performance, pioneering developments in generative and continuous investment in authenticity of advanced content and technology, Adobe Inc. (NASDAQ: Adbe) is well positioned to maintain its leadership in creative software while also expanding its footprint in the emerging IA sector. The company is currently on reverse of 35.66%, placing it -among the actions of Phill Gross’s billionaire, with significant potential.
Aristotle value equity strategy indicated the following respect for Adobe Inc. (NASDAQ: ADBE) In its first quarter 2025 Investor letter:
“Adobe Inc. (NASDAQ: ADBE), the main supplier of content creation and publication software, was a remarkable detractor during the quarter. This arose despite record income of more than $ 5.7 billion in the first quarter, a 10% year -on -year increase, with a two -digit increase in both their digital media and digital experience segments. The disconnection between the strong foundations and the weakness of the prices of the actions reflects the continued market concerns about intensifying the competitive threats of the generative IA and the low -cost design platforms. The feeling of the market has remained cautious about the risk of perceived disruption proposed by the new participants promoted by AI, including the Sora d’Openai for the generation of video and platforms such as Canva, who attend the wider prosume and the business segment of small and medium size. However, we continue to be considered as much that it is not overlapping the main base of creative professionals, companies and agencies, the audiences that require accuracy, control and integration within the largest work flows. Canva, despite expanding its set of functions, is limited in its preparation and business depth. In the meantime, Sora is still in the initial and experimental phase, with a limited commercial application at this point. It is crucially, Adobe is not stopped. The company is actively incorporating the AI generative through its ecosystem through Firefly, which is commercially safe (that is, free of copyright sources to form its models) and is natively integrated into applications of creative clouds such as Photoshop and Illustrator. Firefly has shown strong early traction, generating $ 125 million in annual recurring revenue, and management hopes that this figure will be doubled by the end of the year. Although modestly in size with respect to the total adobe income, Firefly monetization strategy is still in its early entrances, with additional potential through extended use -based prices and cases. Beyond monetization, the integration of the AI improves the long -term competitive moat of Adobe through the functionality of the product, the strongest participation of the customers and the increase in switching costs. Single adobe access to property data, content flows and creative content allows you to refine the models that meet the high -end needs of professionals, who are missing from generic AI models. Strategic collaborations with Microsoft (for example, Firefly in Microsoft 365 Copilot) and the continuous impulse to Adobe Express further extend its scope to new users segments. Ultimately, we believe that Adobe has a durable competitive advantage, based on a large installed base, a business model led by subscriptions, a strong brand heritage and a long innovation history. Although short -term concerns for AI interruption have weighed on the price of shares, we believe that Adobe is well positioned to take advantage of AI as a value engine instead of being displaced by him. “”
Generally, Adbe occupies 9th place In our list of PHILLA GROSS UNKNOWLEDGE BUILDERS, with great potential upside down. Although we recognize the potential of the Adbe as an investment, our conviction lies in the belief that AI actions have a greater promise to obtain higher yields and to do it in a shorter period. There is an AI stock that increased since the beginning of 2025, while the popular AI actions lost around 25%. If you are looking for a stock of Ia more promising than the Adbe but who sells less than five times, see our report on this Ia stock cheap.
