Clients
Adage Capital Management serves 1 clients. The average client has about $70.4 billion with the firm.
- Pooled investment vehicles1 clients100%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 1 | $70,436,360,710 | 100.0% | $70.44B |
| Total | 1 | $70,436,360,710 | 100% | $70.44B |
- Clients
- 1
- Regulatory AUM
- $70,436,360,710
- Share
- 100.0%
- Avg. per client
- $70.44B
Total
- Clients
- 1
- Regulatory AUM
- $70,436,360,710
- Share
- 100%
- Avg. per client
- $70.44B
What it does
Adage Capital Management provides portfolio management for pooled vehicles. It is paid through a percentage of assets and performance-based fees.
Adage Capital Management advises 1 private funds.
100.0% of assets ($70.44B across 1 account) are managed with discretion. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
Custodians
Adage Capital Management has custody of client assets.
- All other custodians$70.44B100%
Ownership and leadership
Adage Capital Advisors, LLC owns 75% or more of Adage Capital Management.
- Owns 75% or more of Adage Capital Management, L.P.
Adage Capital Advisors, LLC
Control person · since October 2001
- Owns 25% to 50% of Adage Capital Management, L.P.
Phillip Gross
Control person · since July 2001
- Owns 10% to 25% of Adage Capital Management, L.P.
Robert Atchinson
Control person · since July 2001
- Owns 5% to 10% of Adage Capital Management, L.P.
Daniel Lehan
Control person · since July 2001
- Owns 5% to 10% of Adage Capital Management, L.P.
Michael Grealish
since December 2016
Leadership
- James BardinelliChief Financial Officer, Limited Partner
- Daniel LehanChief Operating Officer and Chief Compliance Officer, Limited Partner
- Robert AtchinsonManaging Director, Limited Partner
- Michael GrealishEquity Analyst, Limited Partner
- Phillip GrossManaging Director, Limited Partner
- Kurt HilerEquity Analyst, Limited Partner
Staff
- 62 employees
- 42 in advisory functions
Reported holdings
Adage Capital Management’s reported 13F holdings total $71.32B across 1,002 positions, and the ten largest make up 29.5% of it.
- $71.32B
- Reported 13F value
- 1,002
- Positions
- 29.5%
- In the 10 largest
- +10.0%
- Value vs. prior quarter
- Nvidia Corporation6.2%
- Apple Inc.5.3%
- Microsoft Corp.3.4%
- Amazon Com Inc.2.9%
- Alphabet Inc. · Cap Stk CL A2.6%
- Broadcom Inc.2.2%
- Alphabet Inc. · Cap Stk CL C2.1%
- Micron Technology Inc.1.7%
- Meta Platforms Inc. · CL A1.6%
- Tesla Inc.1.5%
Together, the ten largest are 29.5% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $71.32B is not its $70.44B in regulatory assets and does not represent any individual client's portfolio.
Fees
Adage Capital Management is paid through a percentage of assets under management and performance-based fees.
Adage Capital Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Adage Capital Management has 1 office, with 2 listed addresses across 2 states.
Massachusetts · 1 listed address
- 200 Clarendon Street, 52nd Floor, BostonHQ
New Jersey · 1 listed address
- 600 Sylvan Ave., Englewood Cliffs
Registration details
- Legal name
- Adage Capital Management, L.P.
- Headquarters
- 200 Clarendon Street, 52nd Floor, Boston, MA 02116
- Phone
- 617-867-2800
- Website
- www.adagecapital.com
- SEC file
- 801-73131
- Structure
- Delaware limited partnership
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Adage Capital Management have?
Adage Capital Management has 1 clients and manages $70.4 billion for them, as of March 2026.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026
What services does Adage Capital Management offer?
Adage Capital Management provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Adage Capital Management have?
Adage Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 62 employees, and 42 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
Who owns Adage Capital Management?
Adage Capital Management’s direct owners are Robert Atchinson (10% to 25%), Phillip Gross (25% to 50%), Daniel Lehan (5% to 10%), Adage Capital Advisors, LLC (75% or more) and Michael Grealish (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 25 March 2026
How does Adage Capital Management get paid?
Adage Capital Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file