12 Youngest Hedge Fund Billionaires and Their Top Stock Picks

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5. Christopher Rokos (Rokos Capital Management)

Billionaire’s Age: 55

Top Pick: Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 234

While NVIDIA Corporation (NASDAQ:NVDA) remains the billionaire’s largest position, Alphabet Inc. (NASDAQ:GOOGL) ranks 2nd on the list of Christopher Rokos’ top holdings with a 4.16% portfolio share ($969.18 million).

As reported by Reuters on February 9, 2026, Alphabet Inc. (NASDAQ:GOOGL) sold $20 billion in a seven-part senior unsecured offering, according to IFR data, tapping the U.S. high-grade bond market. This highlights how AI-driven capital intensity is changing balance-sheet strategy.

According to the Financial Times, the deal comes as hyperscalers speed up borrowing to finance processors and data centers. Alphabet is also considering a debut sterling bond that might have a unique 100-year maturity. Given that the five largest hyperscalers issued $121 billion in bonds last year and are expected to spend about $500 billion on AI infrastructure in 2026, the issuance is consistent with a larger increase in AI-related debt.

Following Alphabet Inc. (NASDAQ:GOOGL)’s guidance announcement on February 4, 2026, capital expenditures could nearly double from $91.45 billion in 2025 to $175.00–$185.00 billion this year as it works through compute constraints while scaling Gemini and cloud workloads. The bond sale supports Alphabet’s shift into a capital-intensive hyperscaler phase, which trades short-term free cash flow pressure for long-term AI-led growth, according to investors.

Alphabet Inc. (NASDAQ:GOOGL) operates Google Services, Google Cloud, and Other Bets, which generate revenue from digital advertising, cloud infrastructure, AI-powered enterprise services, and emerging technologies in global consumer and business markets.

Note: NVDA is Rokos Capital Management’s top holding, accounting for 4.22% share of the firm’s total portfolio, equivalent to $981.42 million.

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