The Fund at Drew University

?? The Fund at Drew University Invests in Abbott Laboratories ($ABT)! ?? We are excited to announce our latest investment—6 shares of Abbott Laboratories at $138.57 per share. Abbott is a global leader in healthcare, with a dominant position in medical devices, diagnostics, and nutrition. ?? Investment Thesis: 1?? Strong Revenue Growth – Abbott’s medical device segment continues to expand, driving double-digit revenue growth and reinforcing its market leadership. 2?? Reliable Dividend Growth – As a Dividend Aristocrat, Abbott has increased its dividend for 52 consecutive years, demonstrating financial strength and shareholder commitment. 3?? Value Play in an Overvalued Market – While many companies remain overextended, Abbott presents an attractive entry point relative to its earnings potential and historical valuation. ?? Financial Strength – Abbott boasts a D/E ratio of just 0.37, ensuring stability and flexibility in capital allocation. This investment was approved with a 76.7% passing vote by The Fund, reflecting strong conviction in Abbott’s long-term potential. With a 14.78% industry CAGR, Abbott Laboratories is positioned for sustained growth in the healthcare sector. Big thanks to our pitch team: ?? Nathan Entwisle, Managing Director of Consumer Discretionary ?? Nathan Koramblyum, Senior Analyst of Tech and Healthcare??? #Investing #Finance #StudentManagedFund #AbbottLaboratories #StockMarket #TheFundAtDrew

Successful Buy Pitch – Diamondback Energy ($FANG) ?? Exciting news from The Fund at Drew University! Last night, we successfully pitched a buy recommendation for Diamondback Energy ($FANG), adding 6 shares at $162 for a total investment of $972. As a low-volatility energy stock, Diamondback presents a compelling opportunity, with our DCF model estimating 86% growth over the next five years. The pitch received an outstanding 95% pass rate, reflecting strong conviction in the investment thesis. ?? Investment Thesis: ? Minimal Global Risk & U.S. Energy Focus ???? Diamondback’s operations are entirely domestic, reducing exposure to geopolitical risks and OPEC-driven supply shocks. With a renewed U.S. energy production focus following the recent election, domestic oil producers stand to benefit from a stable regulatory environment and increased energy independence initiatives. ? Shareholder Commitment Through Strong FCF ?? Diamondback prioritizes shareholder returns, boasting: - A 2.3% dividend yield, one of the highest in the industry. - A $6 billion stock repurchase program, reinforcing its commitment to returning capital to investors. Superior free cash flow (FCF) margins, outpacing competitors and ensuring sustainable capital allocation. ? Anticipated Growth in 2025 ?? With a track record of exceeding revenue expectations for four consecutive years, Diamondback is well-positioned for continued expansion. Operational efficiency and strategic asset development will likely drive further earnings and revenue growth into 2025 and beyond. ?? Risks to Monitor: - $13 billion in debt – manageable, but worth watching in a rising rate environment. - Revenue reliant on commodity prices – fluctuations in oil and gas prices could impact earnings. - OPEC’s control over oil prices – global production decisions could affect profitability. ?? Additional Highlights: - Credit rating upgraded to BBB+, reflecting improved financial stability. - 50% reduction in greenhouse gas emissions since 2019, reinforcing a commitment to ESG initiatives. - $2.6 billion in standalone liquidity, providing ample financial flexibility. This investment aligns with our fund’s strategy of identifying undervalued, high-growth opportunities in key sectors. A huge shout out to the team for delivering a well-researched and data-driven pitch! ?? Managing Director Sal Scavello ?? Senior Analyst Nathan Koramblyum ?? Analyst Ashish Gupta #Finance #Energy #StockPitch #StudentLedFund #DiamondbackEnergy #FANG

The Fund's Annual Report is Here! As we close out another incredible year, we are thrilled to release The Fund's Annual Report for 2024. This year, our student-led investment fund achieved academic YTD returns of 15.35%, executed 16 stock pitches, and invested $16,053 across diverse investments. Annual Report Contents The report showcases a detailed analysis of sector performance, highlighting strategic wins and key strengths of the portfolio. It also includes introductions to the Finance, Marketing, and Operations verticals, providing insight into their contributions and initiatives throughout the year. Additionally, the report features messages from our C-suite leadership team, reflecting on this year’s achievements and outlining the vision for the future. Thank You to Our Donors Your support is the cornerstone of The Fund’s success. Because of your generosity, we’ve been able to provide our members with hands-on investment experience that prepares them for real-world challenges. Impact Beyond Numbers This year, members of The Fund leveraged their skills and experiences to secure competitive summer internships and full-time return offers, achieving one of the club’s core goals of fostering career growth. To our supporters, members, and alumni: thank you for being part of our journey. Here's to continued success and learning in 2025!

??Successful Buy Pitch: Snowflake Inc. We are excited to announce a recent successful buy pitch for?Snowflake Inc. (NYSE: SNOW), a trailblazer in the cloud-based data warehousing and analytics industry. This investment reflects our confidence in Snowflake's ability to drive long-term growth in the rapidly evolving data economy. ???Snowflake (SNOW)?– As a global leader in cloud data platforms, Snowflake is at the forefront of enabling businesses to manage, analyze, and leverage data effectively. Its robust, scalable solutions empower organizations to achieve unparalleled data-driven insights, positioning it as a key player in the future of enterprise technology. This buy pitch underscores Snowflake's strong fundamentals, innovative product suite, and growing adoption across diverse industries. We have added?9 shares of Snowflake?to our portfolio, reinforcing our belief in its growth trajectory and ability to deliver value to shareholders. A big thank you to our exceptional team for their detailed research and strategic analysis: ?? Sal Scavello, Managing Director ?? Benjamin W. Johnson, Managing Director ?? Jack Mocik Director of Marketing ?? Eberardo Perez, Analyst Your insights and collaboration were pivotal in identifying this high-value opportunity. We are excited to watch Snowflake's performance as we continue to capitalize on the expanding potential of the cloud and data industries. #InvestmentResearch #Snowflake #CloudComputing #DataWarehousing #TechStocks #StockPitch #EquityAnalysis #InvestmentStrategy #PortfolioManagement

Successful Buy Pitches: Phillips 66 & Dell Technologies We are pleased to highlight two recent successful buy pitches, featuring Phillips 66 (NYSE: PSX) and Dell Technologies (NYSE: DELL), both of which demonstrate strong investment potential in the energy and technology sectors. ?? Phillips 66 (PSX) – We are doubling down on Phillips 66, a diversified leader in the energy sector. With its strong presence across refining, midstream, and renewable energy, PSX is well-positioned to deliver sustainable growth, particularly as it navigates the transition to cleaner energy solutions. This buy pitch builds on our confidence in the company’s solid fundamentals and strategic market positioning. In addition, we have added 3 shares of Phillips 66, further solidifying our confidence in the company’s future performance and long-term growth prospects. ?? Dell Technologies (DELL) – A global leader in IT infrastructure, cloud computing, and digital transformation, Dell Technologies is positioned to benefit from ongoing growth in enterprise tech solutions. The company’s continued innovation and market leadership makes it a strong long-term play in the tech sector. We also acquired 6 shares of Dell Technologies to capitalize on its ongoing growth and strategic market positioning in the tech space. A big thank you to the team for their comprehensive analysis and strategic insights: ?? Erik Rothman, Managing Director of Energy and Utilities ?? Benjamin Cacoilo, Senior Analyst of Energy and Utilities ?? Joseph Larmore, Analyst Their expertise was instrumental in identifying these valuable opportunities, and we look forward to continued success as we capitalize on both the energy and technology sectors. #InvestmentResearch #Phillips66 #DellTechnologies #StockPitch #EnergySector #TechStocks #EquityAnalysis #InvestmentStrategy

?? Successful Buy Pitch: Lantheus Holdings (LNTH) I’m excited to announce that our team has successfully pitched the acquisition of?Lantheus Holdings (LNTH), a leader in medical diagnostics and radiopharmaceuticals. With a?97% pass rating, this pitch highlights the immense strategic value this acquisition brings to our organization. ???Pitch Team: Ben Johnson, Managing Director Cole Kirker, Analyst Alex Graziano, Senior Analyst ??Why Lantheus Holdings? Lantheus is at the forefront of?imaging and diagnostic solutions, with innovative products that are instrumental in?early disease detection?and?treatment monitoring. Their expertise in?oncology, cardiology, and molecular imaging?positions them for exceptional long-term growth in the healthcare sector. This acquisition is a vital step in our broader strategy to strengthen our position in?high-growth healthcare markets, particularly in?precision medicine?and?advanced diagnostics. We are eager to collaborate with the talented team at Lantheus to drive significant value and innovation. A big thank you to Ben, Cole, and Alex for their dedication and insights throughout this process. Excited to see what’s ahead! #MergersAndAcquisitions #HealthcareInnovation #MedicalDiagnostics #LantheusHoldings #LNTH #StrategicGrowth

About a month ago at The Fund, we had a successful buy pitch for Agree Realty Corporation (ADC), presented by Managing Director David Mingot and Senior Analyst in Consumer Discretionary and Real Estate, our Director of Marketing, Jack Mocik, and Senior Analyst of Consumer Discretionary and Real Estate Eberado Perez Agree Realty, a well-regarded REIT, offers attractive fundamentals and a robust growth strategy that aligns with our investment thesis. By adding ADC to our portfolio, we enhance our exposure to the real estate sector, ensuring our asset allocation is consistent with the weighting of the S&P 500. This decision reflects our commitment to thorough research and data-driven investment strategies. Excited to see how this position performs! #TheFund #DrewUniversity #REIT #RealEstate?

In celebration of the 10th anniversary of The Fund, founding donor, Mr. Leo Grohowski, will be attending our meeting this Tuesday in Mead Hall! We are looking forward to having a great discussion with him and appreciate his valuable time. Looking forward to seeing everyone this week for an exciting event! Interested? Come join us! Location: Mead Hall, 8:00-9:00pm?