In this piece, we will discuss the Billionaire Kerr Neilson’s 10 Stock Picks with Huge Upside Potential.
The first half of 2025 was a roller-coaster ride for investors with the broader market surging to new highs at the beginning of the year, plunging to bearish levels, following proposed global tariffs in April, and then finally recovering all losses by mid-May once the tariff situation eased. At the same time, the question of whether a financial crisis is coming in 2025 is critical. Discussions around a possible recession have been ongoing, with estimates from the New York Fed, JP Morgan, and Goldman Sachs suggesting probabilities of 28%, 40% and 35%, respectively, for a recession occurring within the next twelve months.
Meanwhile, Bank of America points out that corporate earnings are going to drive the next leg of volatility, with tech giants that lagged in the spring expected to rebound, while the consumer and utilities sectors are expected to benefit from resilient demand tied to AI innovation.
With that in mind, Kerr Neilson, who is often considered “Australia’s Warren Buffett”, offers a portfolio well-suited for high-conviction investing. He is the co-founder of Platinum Asset Management, an Asset Management company that oversees over $1.7 billion in 13-F-reported holdings. Vanguard and American Century are two of the largest institutional shareholders of PTM.
Furthermore, the billionaire’s top ten holdings account for 64.86% of the total portfolio as of Q1 2025. Meanwhile, Platinum Asset Management announced a merger with L1 Capital on July 8, 2025, which is expected to strengthen its competitive position in the asset management industry.
Having launched the firm in 1994 with George Soros, Neilson has followed a value-driven approach that often goes in the opposite direction to prevailing market trends and is diversified across IT, industrials, consumer, materials, and emerging sectors. The billionaire keeps an eye on the AI, biotechnology, and resources sectors for significant gains, while holding substantial exposure to Asian markets, particularly China.
With this backdrop, let’s dive into Billionaire Kerr Neilson’s 10 Stock Picks with Huge Upside Potential.
Kerr Neilson of Platinum Asset Management
Methodology
To curate the list of Billionaire Kerr Neilson’s 10 Stock Picks with Huge Upside Potential, we scanned the billionaire’s 13-F filings for Q1 2025, stored in Insider Monkey’s 13-F filings database, extracting all of his holdings. We ranked these stocks based on their respective upside potential as of the time of writing this article. The list is created by ranking the stocks in ascending order of their respective upside potential.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10. PTC Inc. (NASDAQ:PTC)
Upside Potential: 7.88%
Billionaire Kerr Neilson has bought over $1.5 million worth of shares in PTC Inc. (NASDAQ:PTC), representing 0.09% of his stock portfolio, securing the company a spot in Billionaire Kerr Neilson’s 10 Stock Picks with Huge Upside Potential.
PTC Inc. (NASDAQ:PTC) recently achieved increased traction across its industrial software offerings, thanks to positive reseller channel checks. Citing this, on July 9, 2025, KeyBanc increased its price target on the company’s stock from $185 to $198, maintaining an ‘Overweight’ rating.
On the same day, PTC Inc. (NASDAQ:PTC) announced that Nimble, which is an AI logistics robotic firm, has started to leverage the company’s Onshape and Arena cloud-based platforms, replacing its own legacy systems. This development, which was fully implemented within 60 days, highlights the growing demand for PTC’s cloud-native tools in the high-growth tech industry.
Reinforcing the analyst’s optimistic outlook for the company’s stock, PTC repurchased 463,000 shares for $75 million and repaid $500 million in senior notes, strengthening its financial health. This boosts investors’ confidence ahead of fiscal 2025 free cash flow targets.
PTC Inc. (NASDAQ:PTC) offers cloud-based platforms, including Windchill, Onshape, Arena, and ThingWorx, supporting digital transformation across a diverse range of sectors, making real-time collaboration, asset optimization, and enhanced product development possible.
9. Flutter Entertainment plc (NYSE:FLUT)
Upside Potential: 8.09%
Billionaire Kerr Neilson has bought over $8 million worth of shares in Flutter Entertainment plc (NYSE:FLUT), representing 0.48% of his stock portfolio, securing the company a spot in Billionaire Kerr Neilson’s 10 Stock Picks with Huge Upside Potential.
BTIG increased its price target on Flutter Entertainment plc (NYSE:FLUT) from $284 to $302 on July 7, 2025, maintaining a ‘Buy’ rating. The revision follows the updated U.S. and Italy performance data, favorable tax adjustments, and successful platform integration after recent acquisitions in Brazil and Italy. The company expects $220 million in additional revenues in 2025 through its acquisition of a 56% stake in NSX Group in Brazil. Meanwhile, the acquisition of Snaitech S.p.A. is expected to increase the company’s market share in Italy to around 30%, also resulting in cost synergies of at least $81 million.
Flutter Entertainment plc (NYSE:FLUT) reported a year-over-year (YoY ) increase of 289% in its net income and 20% adjusted EBITDA growth in Q1 2025. Meanwhile, its sportsbook revenue increased by 15% and iGaming grew 32% despite softer March Madness outcomes.
Flutter Entertainment plc (NYSE:FLUT) runs a global betting and gaming business with brands like FanDuel, Betfair, PokerStars, and Sportsbet. The company operates across the U.S. and the UK, while also serving European and Asian markets.