In this article, we will discuss billionaire Philippe Laffont’s 10 stock picks with huge upside potential.

Coatue Management is a technology-focused hedge fund and venture capital firm run by billionaire Philippe Laffont, who serves as its portfolio manager. The fund, founded in 1999, manages $69.5 billion in assets as of May 27, 2025, according to AUM 13F. The billionaire, trained under Julian Robertson at Tiger Management, is known for identifying high-growth tech and AI-driven stocks.

Nvidia, Broadcom, Meta, and CoreWeave are among the largest public equity holdings of Coatue, which reflect the fund’s focus on artificial intelligence, cloud computing, and digital infrastructure. Making up 8.1% of the fund’s portfolio as of Q2 2025, CoreWeave is Coatue’s most prominent disclosed position as of October 2025. This position highlights the venture capital firm’s emphasis on stocks that provide foundational AI infrastructure.

Meanwhile, easing trade tensions with China and upbeat bank earnings helped investors recover from Thursday’s regional banking sell-off. Consequently, U.S. stocks bounced back recently on growing optimism as Treasury Secretary Scott Bessent reaffirmed plans to hold talks with his Chinese counterpart, CNBC reported. Furthermore, President Trump hinted at a likely meeting with President Xi later on November 1. As a result, a reduction in fears of new tariffs against China was noted.

Amid the volatility in the market, Laffont had made significant moves in the second quarter. Amazon saw its position reduced by 596,184 shares (a 6% decrease QoQ), making it Laffont’s third-largest holding. Meanwhile, the billionaire made CoreWeave his top position after acquiring nearly 3.4 million shares (a 24% increase QoQ). Furthermore, the fund expanded its position in the technology sector in the second quarter by increasing its stakes in Nvidia and Broadcom by 35% and 59%, respectively.

With this context in mind, let’s move on to our list of billionaire Philippe Laffont’s 10 stock picks with huge upside potential.

Our Methodology

To curate our list of billionaire Philippe Laffont’s 10 stock picks with huge upside potential, we scanned Coatue Management’s Q2 2025 13F filings, using Insider Monkey’s 13F database. Next, we filtered stocks with the strongest upside potential based on Wall Street analysts’ price targets, as of October 15, 2025. Finally, we shortlisted the 10 best stocks and present our list below in ascending order based on each stock’s upside potential.

We have added the performance of each stock from the end of Q2 2025 to October 15, providing readers with insight into how Coatue Management’s portfolio picks have played out during this period.

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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).

10. Philip Morris International Inc. (NYSE:PM)

Number of Hedge Fund Holders: 111

Upside Potential: 19.40%

Share Price Return Between July 1 and October 15: -11.15%

Coatue Management holds $236.48 million worth of shares in Philip Morris International Inc. (NYSE:PM), representing 0.66% of its total 13F portfolio, helping the stock secure a place on our list of billionaire Philippe Laffont’s 10 stock picks with huge upside potential.

Intending to expand its manufacturing facility in Wilson, North Carolina, Philip Morris International Inc. (NYSE:PM) announced a $37 million investment on October 2, 2025.

With this expansion, Philip Morris International Inc. (NYSE:PM) will add a new production line for TEREA, which is the consumables used in its IQOS ILUMA heated tobacco system. Its Wilson site, which produces HEETS (tobacco sticks) for the IQOS 3.0 device, is central to the company’s U.S. strategy to scale smoke-free alternatives, as regulatory advancements occur on the matter.

Meanwhile, discussing the increasing competition in the U.S. nicotine pouch sector, UBS recently highlighted the resulting impact on Philip Morris International Inc. (NYSE:PM)’s ZYN brand, which is expected to see a slight reduction in revenue projections. The investment firm noted limited brand loyalty among nicotine pouch users, which could potentially adversely affect the company’s market share. Consequently, UBS maintained its “Hold” rating on PM with a $166 price target on September 5, 2025.

Amid these developments, analysts are keeping a close eye on the company’s smoke-free transformation, with Philip Morris International Inc. (NYSE:PM) making significant advancements in its IQOS products.

Philip Morris International Inc. (NYSE:PM), a leading global tobacco company, is focused on the development of smoke-free and reduced-risk products. It is included in Philippe Laffont’s stock portfolio.

9. Zillow Group, Inc. (NASDAQ:Z)

Number of Hedge Fund Holders: 62

Upside Potential: 19.77%

Share Price Return Between July 1 and October 15: +2.38%

Coatue Management holds $51.82 million worth of shares in Zillow Group, Inc. (NASDAQ:Z), representing 0.14% of its total 13F portfolio. This helps the stock secure a place on our list of billionaire Philippe Laffont’s 10 stock picks with huge upside potential.

On October 6, 2025, Zillow Group, Inc. (NASDAQ:Z) announced that it had become the first property platform to launch its application on ChatGPT.

With this launch, Zillow Group, Inc. (NASDAQ:Z) enables users to search, filter, and explore homes through conversational queries. The users can do all this while viewing listings, maps, prices, and broker details directly within the chat interface.

This launch follows Zillow Group, Inc. (NASDAQ:Z)’s long-term investment in AI, positioning the company within OpenAI’s emerging ecosystem. The company aims to enhance its digital footprint, leveraging the AI platform’s weekly user count of over 800 million. Furthermore, this integration reinforces Zillow’s ability to guide users from exploration to tours, agent connections, and financing options.

Through its website and mobile applications, Zillow Group, Inc. (NASDAQ:Z), a leading real estate technology platform, offers services for property search, listings, and transactions. It is included in Philippe Laffont’s stock portfolio.

8. Intuit Inc. (NASDAQ:INTU)

Number of Hedge Fund Holders: 105

Upside Potential: 24.37%

Share Price Return Between July 1 and October 15: -16.28%

Coatue Management holds $823.94 million worth of shares in Intuit Inc. (NASDAQ:INTU), representing 2.30% of its total 13F portfolio, helping the stock secure a place on our list of billionaire Philippe Laffont’s 10 stock picks with huge upside potential.

On October 14, 2025, Business Wire reported that Intuit Inc. (NASDAQ:INTU) had announced significant upgrades to its Mailchimp platform, an email and marketing automation platform for emerging businesses.

Intuit Inc. (NASDAQ:INTU) unveiled a set of new features designed to connect retailers with customers and drive sales earlier in the season. This follows Mailchimp’s Holiday Shopping Unwrapped report, which showed that 43% of shoppers make purchases in October.

The new upgrade features a smart Shopify integration, global SMS capabilities, advanced ecommerce analytics, and holiday-ready templates. With these new features, Intuit Inc. (NASDAQ:INTU) aims to boost conversion and campaign precision.

“The holiday season is an enormous opportunity for retailers, but brands must move beyond traditional major retail moments of Black Friday and Cyber Monday to secure a stronger competitive advantage. With these new tools, Mailchimp delivers the confidence and clarity marketers need to turn customer engagement into reliable revenue growth, extending their impact far beyond the peak holiday shopping windows,” said Diana Williams, vice president, product management at Intuit Mailchimp.

Intuit Inc. (NASDAQ:INTU), a global financial technology company, offers products like TurboTax, Credit Karma, QuickBooks, and Mailchimp. The company helps individuals and businesses worldwide manage finances, marketing, and growth efficiently. It is included in Philippe Laffont’s stock portfolio.