Phillip “Phill” Gross is an experienced investor and an influential figure in the world of institutional asset management, best known as a co-founder, managing director, and healthcare portfolio manager on Adage Capital Management. While Robert Atchinson, his collaborator Longtime and co-founder, serving as the company's portfolio manager, Gross's leadership and vision has played a fundamental role in shaping Adage's long-term philosophy and reputation. The two met in the mid -1980s while working as Harvard University's Endowment Analysts. Their professional synergy led to them to leave Harvard's management company in the 1990s, following public scrutiny over performance -based bonuses. With the support of an initial investment of $ 1.8 billion from Harvard and an agreement for the University to receive 10% of the company's earnings, they launched Adage Capital Management in 2001 alongside an 18 person team.
Under Gross's co-administration, Adage has become a key player in asset management for prominent institutional clients such as Harvard University, Dartmouth College, Northwestern University, American Red Cross, and Getty Foundation. The company specializes in long/short equity strategies led by basic analysis and participates in risk arbitration and events driven by when market conditions are favorable. Adage Capital Management and his predecessor, the selected equity group at Harvard's management, have performed better than the wider market benchmarks constantly at an average of 3.5% over the last 15 years. This is a testament to the disciplined, research -driven investment framework, which helped gross nurture.
Gross himself brings a deep background in investment in healthcare, having served for nearly two decades in the company of Harvard's management in various roles, including a healthcare and retail analyst, Equity Research Director, and partner. His academic qualifications include BS in Finance and Economics (1982) and Ms in Investments (1983), both of the University of Wisconsin. He continues to actively engage with his Alma Mater, serving on Steve Hawk's Applied Warranty Analysis Center Advisory Boards and Nicholas Applied Corporate Finance Center. In recognition of his professional successes and ongoing contributions, Gross received the prestigious alumni award from Wisconsin University Business School in 2006.
Beyond finance, Gross is a dedicated philanthropist. Strategic Grant Partners, an organization focused on driving a systemic change in education and family services across Massachusetts, co-founded. He also serves as President of the Board of Directors of Youth Enrichment Services, a non -stage that provides outdoor recreation experiences for urban youth. In addition, he holds board posts with the US Ski and Snow Association, where he is the Vice Chair of the Investment Committee, and with the T2 Foundation.
The latest 13F file filing reported Capital Management for CH4 2024 $ 57.19 billion in controlled securities, with the top 10 payments containing 31.7% of the total portfolio, showing a strategic but diverse approach to asset allocation. While Atchinson oversees day -to -day portfolio management, Gross's continued influence and expertise, especially in healthcare investment, continues to shape the company's long -term success and organizational credibility.
We searched by filing q4 2024 13f Adage Capital Management to identify Phill Gross's unknown billionaire stock sessions with the top upside down potential. We formulated the equity with surface potential above 34% at the time of writing this article and discussed why they stand out as strong potential investments. Finally, we listed the stocks based on the ascending order of their upside down potential. To assist readers with more -context, we talked about the hedgerow reservoir feeling around each stock using data of 1,009 hedgerow funds tracked by Monkey's internal in the fourth quarter of 2024.
Why are we interested in the stocks to which money accumulates? The reason is simple: our research has shown that we can outperform the market by imitating the main stock options of the best hedge funds. Our quarterly newsletter strategy selects 14 small cap stocks and a large cap every quarter and has returned 363.5% since May 2014, beating its 208 percentage point benchmark (See more details here).
Adobe Inc. (ADBE): Among the unknown billionaire Phill Gross' stock picks with a huge upside down potential
A team of engineers and scientists who cooperate in a workstation surrounded by their applications and solutions.
Number of Hedgerow Fund holders on Q4: 117
Adage Capital Management Equity Stake: $ 220.82 million
Potential upside down on May 2: 35.66%
Adobe Inc. (NASDAQ: ADBE), which is headquartered in San Jose, California, stands as a world leader in creative and digital software solutions. The company is widely recognized for its flagship Creative Cloud series, covering a comprehensive range of tools for photo and video editing, vector graphics, web design and printing, animation, mobile app development, and audio production. Adobe has consistently set industry benchmarks with its software offerings and continues to progress rapidly to the fields of artificial intelligence and productive media, further confirming its influence across creative and technological industries.
Adobe Inc. (NASDAQ: ADBE) has also taken significant steps forward in productive AI, especially through improvements to its Firefly platform. The recently launched Firefly Image Model 4 presents major upgrades in terms of image quality, speed and creative control. It allows for the treatment of visual elements such as camera angles, zoom effects, and style precision, and supports high resolution outputs up to 2K. A more advanced version, Ultra image model, further elevates output quality, enabling the production of complex scenes with precision structures and toner style accuracy, thanks to more intense computational training.
For the first quarter of the financial year 2025, Adobe achieved Inc. (NASDAQ: ADBE) Financial consequences breaking record, reporting revenue of $ 5.71 billion, showing a 10% year -on -year increase. Operating income for the quarter reached $ 2.16 billion, and the company posted GAAP diluted earnings per share of $ 4.14, with a net income of $ 1.81 billion. Cash flow of operations was firm at $ 2.48 billion, underlining Adobe's strong financial health and operational efficiency. Reflecting its commitment to shareholder forms, the company rebounded approximately 7 million shares during the quarter.
With strong quarterly performance, innovations in productive AI, and continuous investment in the validity of content and advanced technology, Adobe Inc. (NASDAQ: ADBE) well placed to maintain its leadership in creative software in expanding its emerging footprint in the AI sector. The company currently has the potential of 35.66%, installing it among the stock of the billionaire investor Phill Gross with significantly surface potential.
Aristotle's value equity strategy noted the following regarding Adobe Inc. (NASDAQ: ADBE) in its Q1 2025 Investor letter::
“Adobe Inc. . This came despite the company reporting on record revenue of over $ 5.7 billion in the first quarter-increase of 10% year-on-year, with a two-digital increase in digital media and digital experience segments. The disconnection between strong essentials and the weakness of share prices reflects the continued market concerns about intensifying competitive threats of productive AI and lower cost design platforms. Market sentiment has remained vigilant around the perceived disturbance risk posed by new AI -driven candidates, including Sora Openai for video production and platforms such as Canva, which cater for the wider prosmer segment and small and medium -sized business. However, we continue to consider that these largely overlap with Adobe's core base of professionals, creative-monsters enterprises and agencies that require precision, management and integration within larger workflows. Canva, in expanding his feature set, remains limited in his readiness and depth of enterprise. Meanwhile, Sora remains an early and experimental step, with a limited commercial application at this point. Crucially, Adobe does not stand still. The company is incorporating productive AI across its ecosystem through Firefly, which is commercially safe (ie, free from copyright sources to train its models) and integrated native into creative cloud applications such as Photoshop and Illustrator. Firefly has shown strong early traction, generating $ 125 million in annual circular revenue, with management expecting that figure to double by the end of the year. Although modest in size compared to the Total Adobe revenue, Firefly Monetization Strategy is still in its early pubs, with further potential by coding, consumption pricing and extended use cases. Beyond monetization, AI integration enhances Adobe's long -term competitive ditch through product functionality, stronger customer engagement and higher change costs. Adobe's unique access to proprietary data, content workflows and creative content allows it to refine tuning models that serve the high-end needs of professionals that have no generic AI models. Strategic partnerships with Microsoft (eg, Firefly in Microsoft 365 Copilot) and persistent momentum in Adobe Express extend its reach further to new consumer segments. Ultimately, we believe that Adobe has a durable competitive advantage, based on a large set base, subscription -led business model, strong brand equity and a long history of innovation. Although there are short -term concerns about AI disturbing has leaned on the price of the stock, we believe that Adobe is well placed to harness AI as a value driver rather than being displaced by him. “
For the most part, adbe is a 9th position On our list of the unknown stocks of the billionaire Phill Gross with huge potential upside down. While we recognize the potential of ADBE as an investment, our conviction lies in the belief that AI stocks are more promised for achieving higher returns and doing so within a shorter timetable. There has been AI stock that has risen since the beginning of 2025, while popular AI stocks lose about 25%. If you are looking for AI stock more promising than ADBE but trading at less than 5 times its earnings, check out our report on this Cheapest AI Stock.
