In this article, we will discuss Billionaire Mason Morfit’s 10 Stock Picks with Highest Upside Potential.
Mason Morfit, the billionaire CEO of ValueAct Capital, runs one of Wall Street’s most respected activist hedge funds. Unlike funds that make headlines through hostile takeovers, ValueAct works quietly behind the scenes to unlock value with a significant record of successful investments. As a “soft activist,” the fund partners with company management to create reforms that help the business and its investors.
ValueAct was founded by Jeff Ubben in 2000, with Morfit taking over in 2020 as CEO. It has stuck to the fund’s disciplined style, promising “win-wins for our companies and our investors”. As of March 2021, with over $13 billion in assets under management, the company focuses on a small number of high-conviction investments, often holding positions for years to maximize returns.
ValueAct works by finding companies that markets don’t fully understand, undervalue, or that are changing in important ways. The company’s resolution stands out and goes well with today’s unpredictable market trends. With trade problems, higher tariffs, and regulatory pressure hurting investor confidence, especially in tech and entertainment, Morfit’s steady, fundamentals-based strategy sets it apart.
These strengths become even more relevant given the broader economic turbulence in recent years. Recent economic developments have stirred up changes all over the global markets. Donald Trump’s sweeping tariffs triggered sell-offs across media and tech stocks, forcing companies to delay IPOs, postpone products, and rethink their supply chains. Bloomberg reported that entertainment companies’ stocks fell regardless of their actual trade exposure, as recession fears increased. In such an unsteady and unpredictable environment, spotting real opportunities has become harder but more crucial.
Considering these conditions, Morfit’s picks stand out because they blend resilience, innovation, and structural advantages that position these companies to succeed when markets stabilize. The combination of AI, digital transformation, and platform business models creates opportunities across industries, despite economic headwinds. By focusing on efficiency, margins, and long-term growth trends, ValueAct can invest with patience – a real advantage in today’s reactionary market.
With this context in mind, we will consider Billionaire Mason Morfit’s 10 Stock Picks with Highest Upside Potential.
Methodology
For this article, we analyzed Greenlight Capital’s Q4 2024 13F filings to identify Billionaire Mason Morfit’s 10 Stock Picks with the Highest Upside Potential. We then ranked the stocks in ascending order based on their estimated upside. These stocks are popular with elite hedge funds, which have been considered as well.
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. Roblox Corporation (NYSE:RBLX)
Potential Upside: 3.84%
Number of Hedge Fund Holders: 61
Roblox Corporation (NYSE:RBLX) is a popular immersive platform based in San Mateo, California, where users create, share, and explore 3D experiences using tools like Roblox Studio and Roblox Cloud. The company has transformed the gaming industry with its user-generated content approach.
Roblox Corporation (NYSE:RBLX) is a big part of Mason Morfit’s investment portfolio, making up 13.36% of its total value with shares worth about $586 million. It had a great first quarter in 2025, with $1.035 billion in revenue, 29% higher than last year and beating the company’s expectations. Meanwhile, bookings jumped 31% to $1.207 billion and daily users grew to 97.8 million, an increase of 26%. Growth was especially strong in new markets—India, Japan, and the broader Asia-Pacific region—with user increases of 77%, 48%, and 40%, respectively.
Moreover, the company is using artificial intelligence and better operations to boost profits. Roblox’s free cash flow more than doubled, up 123% to $426 million, while operating cash hit $443 million. Developers made $281 million for the quarter, and Roblox Corporation (NYSE:RBLX) will likely pay creators over $1 billion in 2025, a turning point for user-generated platforms.
Roblox Corporation (NYSE:RBLX) is strategically building a cutting-edge data center in São Paulo, Brazil, set to open in 2026, with Brazil being its second-biggest market, with users growing 181% over four years. The new center will reduce latency, enhance performance, and support local pricing, benefiting both creators and players.
With solid finances and smart global growth, Roblox Corporation (NYSE:RBLX) stands out as a high-growth stock in Morfit’s portfolio.
9. Visa Inc. (NYSE:V)
Potential Upside: 4.18%
Number of Hedge Fund Holders: 181
Visa Inc. (NYSE:V) handles over $11 trillion in payments yearly as a digital payments leader globally. With continuous innovation and expanding global reach, the company stands out in Mason Morfit’s portfolio, representing 2.69% and valued at $118 million.
The company maintained a strong balance sheet with solid growth in Q2 2025. Visa Inc. (NYSE:V) brought in $9.6 billion, a 9% year-over-year increase, while cash flow remained healthy, funding both growth and innovation.
Additionally, Visa Inc. (NYSE:V) recently teamed up with Microsoft and OpenAI on April 30, 2025. Its new Visa Intelligent Commerce platform uses AI to assist with shopping tasks while allowing customers to retain final decision-making authority, enhancing the online shopping experience. This should speed up checkout times—something shoppers increasingly demand. This move builds on changes seen during the COVID pandemic, when people got used to quick online buying.
By continuing to innovate and with great financial standing, Visa Inc. (NYSE:V) looks set for future success. As digital payments grow, the company’s investments in AI should help it stay ahead, boosting value for Morfit’s portfolio investors.
8. Expedia Group, Inc. (NASDAQ:EXPE)
Potential Upside: 11.38%
Number of Hedge Fund Holders: 72
Expedia Group, Inc. (NASDAQ:EXPE) runs global travel sites like Expedia, Vrbo, and Hotels.com. It provides a wide range of services, from hotel bookings to flight packages. With a strong B2B network and AI focus, it is a key holding for Mason Morfit.
Furthermore, at 8.56% of Morfit’s portfolio, with stakes worth $375.9 million, Expedia Group, Inc. (NASDAQ:EXPE) stands out as a major stock. The company closed 2024 strong with Q4 bookings hitting $24.4 billion, up 13% year-over-year. Meanwhile, revenue grew 10% to $3.2 billion, with B2B jumping 21% to make up over a quarter of all bookings. Brand Expedia saw mid-teen growth in room nights, while Vrbo and Hotels.com returned to growth.
The company’s efficiency efforts are paying off, with Q4 EBITDA growing 21% to $643 million, and 2024 free cash flow reached $2.3 billion, up 26%. Expedia Group, Inc. (NASDAQ:EXPE) bought back 12.1 million shares in 2024 and started paying dividends again in March 2025 at $0.40 per share.
On April 24, 2025, Expedia pushed into the Middle East, launching a major expansion of its Travel Agent Affiliate Program (TAAP) in the UAE. Through this expansion, it is partnering with Emirates, Adeera, and tourism boards from Jordan, Abu Dhabi, and Oman. These moves not only boost the company’s B2B reach but also open it up to grow in travel markets.
With solid finances, expanding global reach, and smart tech investments, Expedia Group, Inc. (NASDAQ:EXPE) looks ready for long-term growth as a high-conviction pick in Mason Morfit’s stock portfolio.
7. Meta Platforms, Inc. (NASDAQ:META)
Potential Upside: 12.92%
Number of Hedge Fund Holders: 262
Meta Platforms, Inc. (NASDAQ:META) is a big part of Mason Morfit’s investments, making up 2.82% of his portfolio at $123.8 million. The company operates platforms including Facebook, Instagram, and WhatsApp, dominating the digital world while expanding through advancements in AI and infrastructure. Its focus on efficiency and strong finances matches Morfit’s preference for scalable businesses with future potential.
In Q1 2025, Meta Platforms, Inc. (NASDAQ:META) brought in $42.3 billion, an increase of 16% from last year. It also made $17.6 billion in operating income with a 41% margin and generated $10.3 billion in free cash. With $70.2 billion in cash reserves, Meta is well-positioned to continue investing in AI, advertising, and hardware. However, Reality Labs still posted a $4.2 billion loss, though it shows promise with its Ray-Ban smart glasses powered by Meta AI, which are gaining popularity.
AI is a major factor for the growth of Meta Platforms, Inc. (NASDAQ:META), with tools like the Generative Ads Recommendation Model (GEM). It improved Reels ad conversions by 5% in Q1 and has the potential to make ads even more effective going forward. Over 30% of advertisers now use Meta’s AI creative tools, as it has nearly 1 billion monthly users.
As Meta shifts from metaverse vision to practical AI and messaging applications, its strategy supports current growth and future relevance, making it a smart investment in Mason Morfit’s stock portfolio.
6. Toast, Inc. (NYSE:TOST)
Potential Upside: 13.35%
Number of Hedge Fund Holders: 63
Toast Inc. (NYSE:TOST) stands as one of the high-potential companies in Mason Morfit’s investment portfolio. It focuses on restaurant technology and has become a game-changer in hospitality software. Morfit’s company has invested $311.6 million in Toast, about 7.09% of its total portfolio, showing its trust in Toast’s future.
Toast Inc. (NYSE:TOST) just introduced ToastIQ, a smart system that uses real-time data, AI, and trends from over 130,000 restaurants to improve operations. ToastIQ enhances efficiency across restaurant roles with features like Menu Upsells, Shift at a Glance, and Digital Chits. This toolset boosts order values, improves team communication, and creates better guest experiences, all without changing the menu. A popular Atlanta restaurant saw a 6% increase in average order value during early testing, with servers confidently suggesting high-margin upgrades.
The company had an amazing year in 2024, adding 28,000 new locations, growing gross profit by 34%, and making a GAAP profit for the first time. Toast is expanding its U.S. market share and entering enterprise, international, and food retail markets. Its partnerships with Hilton Hotels and Ascent Brands were a major turning point. Moreover, investments in AI and data tools are helping customers earn more ARPU and operate more efficiently. With just 15% of the U.S. market, Toast Inc. (NYSE:TOST) has plenty of room to grow in the future.
With its restaurant-specific innovation and strong fit for the market, Toast remains a smart bet in Mason Morfit’s stock portfolio and a promising disruptor in restaurant technology.
5. Live Nation Entertainment, Inc. (NYSE:LYV)
Potential Upside: 16.61%
Number of Hedge Fund Holders: 59
Live Nation Entertainment, Inc. (NYSE:LYV) holds a key 3.13% chunk of Mason Morfit’s stock portfolio, worth about $137.5 million. The company is the lead player in live events worldwide, driven by its vertically integrated business model. It covers concert promotion, venue operation, sponsorships, and ticketing through Ticketmaster, a setup that has allowed Live Nation to dominate the growing entertainment sector.
Live Nation Entertainment, Inc. (NYSE:LYV)’s Q1 2025 earnings call showed how resilient its concert business is in these unsteady economic conditions as fans keep buying tickets. CEO Michael Rapino pointed out that people aren’t cutting back on shows, as seen in tours by Chris Brown, Lady Gaga, and Mumford & Sons, which are selling out fast. Moreover, over two-thirds of expected fan growth is projected for the second half of the year, signaling increased revenue in Q2 and Q3.
However, Ticketmaster’s numbers looked weak in Q1 because of delayed revenue, currency issues, particularly in Latin America, and fewer non-concert events. Still, management explained that concert-related future revenue was up by double digits, hinting at better profits when these events happen. Live Nation Entertainment, Inc. (NYSE:LYV) bought Japan’s Hayashi International to grow in Asia. Additionally, its Venue Nation plan will add four new venues by year-end, with more coming in 2026, building up its owned locations.
Live Nation Entertainment, Inc. (NYSE:LYV) recorded a 12% year-over-year increase in venue ticketing. While Ticketmaster’s revenue dropped due to timing issues, its deferred ticketing revenue jumped 13% in Q1. The company reported $2.5 billion in revenue and $115 million in operating income, with adjusted income of $341 million, about $361 million without currency effects. Concert-centered future revenue hit a record $5.4 billion, an increase of 24% from last year, while Ticketmaster’s deferred revenue rose 13% to $270 million. Moreover, global stadium ticket sales exploded by over 80%, helping sell 95 million tickets total, and Ticketmaster’s April concert sales volume shot up 45% YoY.
As a major part of Mason Morfit’s stock portfolio, Live Nation Entertainment, Inc. (NYSE:LYV) stands to gain from the global demand for live shows, its growing venue network, and smarter pricing that cuts out scalpers and boosts profits.
4. The Walt Disney Company (NYSE:DIS)
Potential Upside: 21.35%
Number of Hedge Fund Holders: 108
The Walt Disney Company (NYSE:DIS) is an entertainment giant that owns flagship platforms like Disney+, Hulu, ESPN, Marvel, and Pixar. The company operates across multiple sectors, including entertainment, sports, and experiences. It also runs theme parks, produces movies, and licenses its characters for toys and other merchandise globally.
The company’s financials appear strong with a 7% year-over-year increase in revenue to $23.6 billion in Q2 2025. This was largely driven by the strong performance of its Entertainment and Experiences segments. Furthermore, its income before taxes shot up by $2.4 billion to reach $3.1 billion. The Walt Disney Company (NYSE:DIS) picked up 2.5 million new subscribers across Disney+ and Hulu, while its US theme parks saw profits rise by 13%.
A turning point for the Walt Disney Company (NYSE:DIS) was the news of its new venture in Abu Dhabi. Disney is teaming up with Miral to build a massive theme park and resort, which is expected to attract visitors from around the world. Looking ahead, it expects its adjusted earnings per share to rise 16% for the rest of fiscal 2025. The company predicts double-digit growth in Entertainment, 18% in Sports, and 6-8% in Experiences.
Between the Abu Dhabi resort and expanding its streaming platforms, the Walt Disney Company (NYSE:DIS) is all set for the future. Its diverse revenue sources and global reach keep it at the top of the entertainment world. Mason Morfit has taken note of this—Disney now makes up about 16.7% of his stock portfolio, with stakes valued at $731.1 million, reflecting strong investor confidence in the company.
3. Salesforce, Inc. (NYSE:CRM)
Potential Upside: 27.40%
Number of Hedge Fund Holders: 162
Salesforce, Inc. (NYSE:CRM) is a top pick in Mason Morfit’s portfolio, making up 22% of his holdings at about $969 million. The company proves its leadership in customer relationship management (CRM) through steady innovation and strong finances, well-positioned among Morfit’s high-conviction investments.
Last quarter, Salesforce, Inc. (NYSE:CRM) posted revenue of $10 billion for the first time, marking an 8% year-over-year increase. Its 2025 fiscal year brought in $37.9 billion (9% growth), while operating cash flow jumped 28% yearly to $13.1 billion. Meanwhile, the company’s 33% non-GAAP operating margin shows it is balancing growth and profit well.
Agentforce, the company’s AI platform, is booming with over 3,000 paying customers just three months after launch. Combined with Data Cloud, which now generates $900 million annually, Salesforce, Inc. (NYSE:CRM) is becoming a digital labor solutions powerhouse. It expects $14.5 billion in operating cash flow next fiscal year, showing confidence in its momentum.
Moreover, Salesforce, Inc. (NYSE:CRM) is gaining ground internationally with multi-cloud deals. Agentforce and Data Cloud were part of all its top 10 Q4 wins, in addition to its partnerships with AWS, Google Cloud, and others, which make its ecosystem even stronger.
With solid fundamentals, scalable AI products, and record cash flow, Salesforce, Inc. (NYSE:CRM) fits well with long-term investing goals. Its substantial position in Mason Morfit’s stock portfolio suggests he strongly believes in its growth potential, especially as enterprise AI adoption speeds up.
2. Amazon.com, Inc. (NASDAQ:AMZN)
Potential Upside: 30.69%
Number of Hedge Fund Holders: 338
Amazon.com, Inc. (NASDAQ:AMZN) is Mason Morfit’s key investment, with a $117.8 million stake making up 2.68% of his portfolio. Although it’s not his biggest holding, Amazon’s strong financials and long-term cloud and AI strategies make it a compelling part of Mason Morfit’s stock portfolio.
For Q1 ended March 31, 2025, Amazon.com, Inc. (NASDAQ:AMZN) posted a revenue of $165.7 billion, up 10% from last year, while operating income jumped 20% to $18.4 billion. The company’s free cash flow over the past year reached $25.9 billion, showing it is running efficiently. Amazon Web Services (AWS), its biggest asset, brought in $29.3 billion just this quarter and now operates at a $117 billion yearly pace. AWS’ operating income stayed strong at $11.5 billion. Meanwhile, Amazon’s ad business also grew, up 19% year-over-year to $13.9 billion in quarterly revenue.
Moreover, Amazon.com, Inc. (NASDAQ:AMZN) is continuously investing in future growth. On May 7, 2025, AWS announced it is putting $4 billion into its first cloud region in Chile, set to open in late 2026. This will be the company’s third spot in Latin America after Brazil and Mexico, helping support new tech like AI in the region.
However, tariffs might pose challenges for retail. Still, Amazon’s wide selection, competitive pricing, and dominance in everyday goods position it well. Its same-day delivery and automation investments give the company an edge in logistics.
With its core strengths in AI, ads, and cloud, Amazon.com, Inc. (NASDAQ:AMZN) remains a smart long-term bet in Morfit’s portfolio.
1. Insight Enterprises, Inc. (NASDAQ:NSIT)
Potential Upside: 37.79%
Number of Hedge Fund Holders: 26
Insight Enterprises, Inc. (NASDAQ:NSIT) is a significant part of Mason Morfit’s stock portfolio, making up 14.07% with a value of $617.79 million. It is an IT solutions company, offering infrastructure, security, cloud, AI, and data services.
On March 18, 2025, the company’s public sector segment teamed up with Whatfix to help the U.S. Army’s IPPS-A, an HR and payroll system, affecting over 1.1 million military personnel. Whatfix’s Digital Adoption Platform provides in-app guidance that reduces friction and improves readiness. Insight Enterprises, Inc. (NASDAQ:NSIT) proved it could deliver crucial tech precisely and at scale with this project, strengthening its position as a leader in government IT changes.
On the financial end, Insight’s Q1 2025 revenue was $2.1 billion, down 12% from last year, which was driven by a huge software deal in Q1 2024. Hardware revenue grew 1% – the first increase in over two years – while its SaaS and IaaS gross profit jumped 17%. Total gross margin improved to 19.3%, and despite lower gross profit, effective cost control maintained adjusted EBITDA at $111 million and EPS at $2.06. Insight Enterprises, Inc. (NASDAQ:NSIT) generated $78 million in operating cash and still expects $300-$400 million for the full year. The company ended with $1.3 billion in available liquidity in its $1.8 billion ABL facility.
Looking ahead, as hardware demand picks up and AI services grow, Insight Enterprises, Inc. (NASDAQ:NSIT) is well-positioned for the future. Its focus on costs, client solutions, and public sector work makes it a strong pick in Morfit’s portfolio.
Overall, Insight Enterprises, Inc. (NASDAQ:NSIT) ranks first on our list of Billionaire Mason Morfit’s Stock Picks with Highest Upside Potential. While we acknowledge the potential of NSIT, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NSIT but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
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