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.
Philippe Laffont of Coatue Management
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.
7. KKR & Co. Inc. (NYSE:KKR)
Number of Hedge Fund Holders: 84
Upside Potential: 27.25%
Share Price Return Between July 1 and October 15: -6.03%
Coatue Management holds $499.53 million worth of shares in KKR & Co. Inc. (NYSE:KKR), representing 1.39% 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 7, 2025, Piper Sandler reduced its price target on KKR & Co. Inc. (NYSE:KKR) from $166 to $155, maintaining an “Overweight” rating.
The investment firm believes that the upside from spread-related businesses benefiting from variable investment income normalization is already priced in. Furthermore, incremental support continues to be provided from fee and trading activity, but secular flow headwinds remain.
Despite these challenges, Piper Sandler remains optimistic about the long-term outlook for KKR & Co. Inc. (NYSE:KKR). It expressed confidence in underwriters, citing favorable claims experience as a sign of strong actuarial performance and future earnings potential. Moreover, the company’s robust distribution strength across its investment platforms was also highlighted by the investment firm.
KKR & Co. Inc. (NYSE:KKR), a global investment firm, delivers alternative asset management, capital markets, and insurance solutions. The company focuses on generating sustainable returns through disciplined investing and supporting growth in portfolio companies worldwide. It is included in Philippe Laffont’s stock portfolio.
6. Intuitive Surgical, Inc. (NASDAQ:ISRG)
Number of Hedge Fund Holders: 107
Upside Potential: 30.48%
Share Price Return Between July 1 and October 15: -19.03%
Coatue Management holds $400.81 million worth of shares in Intuitive Surgical, Inc. (NASDAQ:ISRG), representing 1.12% 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.
New AI-driven software advancements received approval from the U.S. FDA for the company’s Ion Endoluminal System, Intuitive Surgical, Inc. (NASDAQ:ISRG) announced on October 8. The Ion Endoluminal System is a robotic-assisted bronchoscopy platform used for lung biopsies.
With this upgrade, the Ion Endoluminal System integrates artificial intelligence and advanced imaging across the system’s navigational workflow. This integration is expected to enhance accuracy and efficiency in diagnosing lung nodules, which are key to early lung cancer detection. Furthermore, the upgrade features real-time updates through integrated tomosynthesis. These updates are expected to expand access to advanced imaging in varied clinical settings.
Intuitive Surgical, Inc. (NASDAQ:ISRG) strengthens its leadership in minimally invasive care through this upgrade, with the limited U.S. rollout in 2025 preceding a broader 2026 launch, reinforcing its innovation-driven growth trajectory.
Intuitive Surgical, Inc. (NASDAQ:ISRG), a global technology leader in robotic-assisted minimally invasive surgery, is known for its da Vinci and Ion systems. The company enables precision procedures and enhanced patient outcomes. It is included in Philippe Laffont’s stock portfolio.
5. Pinterest, Inc. (NYSE:PINS)
Number of Hedge Fund Holders: 93
Upside Potential: 30.60%
Share Price Return Between July 1 and October 15: -6.59%
Coatue Management holds $60.20 million worth of shares in Pinterest, Inc. (NYSE:PINS), representing 0.17% 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 9, 2025, UBS reiterated its “Buy” rating on Pinterest, Inc. (NYSE:PINS) with a $51 price target.
The bullish stance comes as Pinterest, Inc. (NYSE:PINS) remains focused on expanding its international monetization efforts and enhancing advertising capabilities through technology integration. The investment firm highlighted the 6% increase in click-through rates for shopping ads, which is a result of its recent initiatives, including the rollout of Performance+ creative tools and the introduction of Direct Links and Mobile Deep Links that improved ad performance.
UBS also highlighted Pinterest, Inc. (NYSE:PINS)’s enhanced operational efficiency and stronger advertiser engagement, driven by the platform’s AI-driven content personalization and Conversions API (CAPI). Looking ahead, the company appears well-positioned to sustain margin expansion and broaden its global revenue base, with shopping ad revenue in international markets expanding three times faster than regional totals and expanded reseller presence across eight new markets.
With its visual discovery and search platform, Pinterest, Inc. (NYSE:PINS) enables users globally to explore, save, and shop creative ideas across lifestyle, home, fashion, and food categories. It is included in Philippe Laffont’s stock portfolio.
4. Peloton Interactive, Inc. (NASDAQ:PTON)
Number of Hedge Fund Holders: 53
Upside Potential: 33.60%
Share Price Return Between July 1 and October 15: +15.45%
Coatue Management holds $17.35 million worth of shares in Peloton Interactive, Inc. (NASDAQ:PTON), representing 0.05% 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 8, 2025, Truist Securities reiterated its “Buy” rating on Peloton Interactive, Inc. (NASDAQ:PTON) with an $11 price target after holding a meeting with the company’s management.
This bullish stance is attributable to the company’s recent product launches and pricing adjustments aimed at returning the company to profitable revenue growth in the second half of fiscal 2026. At the same time, Truist cited higher churn rates from price increases and reduced marketing efficiency in Q2 fiscal 2026 as short-term challenges. Yet, the investment firm highlighted Peloton Interactive, Inc. (NASDAQ:PTON)’s $100 million in annualized cost savings and the company’s potential to achieve guidance.
Two days earlier, Peloton Interactive, Inc. (NASDAQ:PTON) announced its partnership with Respin Health to assess the impact of targeted exercise on menopause. It launched the PRESS study with 500 members and plans the Peloton x Respin Menopause Care Program to devise evidence-based workouts and community support.
Peloton Interactive, Inc. (NASDAQ:PTON) offers connected fitness equipment, subscription-based workouts, and wellness programs for interactive, personalized experiences. It is included in Philippe Laffont’s stock portfolio.
3. The Trade Desk, Inc. (NASDAQ:TTD)
Number of Hedge Fund Holders: 60
Upside Potential: 36.07%
Share Price Return Between July 1 and October 15: -30.47%
Coatue Management holds $71.92 million worth of shares in The Trade Desk, Inc. (NASDAQ:TTD), representing 0.20% of its total 13F portfolio. With this, the stock secured a place on our list of billionaire Philippe Laffont’s 10 stock picks with huge upside potential.
On September 29, 2025, The Trade Desk, Inc. (NASDAQ:TTD) announced plans to launch Audience Unlimited, which leverages artificial intelligence to score and select the most relevant data segments across hundreds of providers. By doing so, it helps advertisers target audiences with improved precision while reducing costs through bulk-inclusive pricing.
The Trade Desk, Inc. (NASDAQ:TTD)’s Audience Unlimited is a major AI-driven upgrade to its digital advertising marketplace designed to make third-party data more accessible, affordable, and effective. Additionally, the company unveiled Koa Adaptive Trading Modes, which give advertisers flexibility between Performance Mode, which uses AI to optimize campaigns dynamically, and Control Mode, which allows manual management with AI insights.
With these innovations, The Trade Desk, Inc. (NASDAQ:TTD) aims to simplify campaign optimization and enhance ad performance across its Kokai platform.
The Trade Desk, Inc. (NASDAQ:TTD) helps buyers plan, manage, and measure digital ad campaigns across video, display, mobile, and streaming channels with its cloud-based advertising platform. It is included in Philippe Laffont’s stock portfolio.
2. Adobe Inc. (NASDAQ:ADBE)
Number of Hedge Fund Holders: 104
Upside Potential: 37.37%
Share Price Return Between July 1 and October 15: -15.68%
Coatue Management holds $236.24 million worth of shares in Adobe Inc. (NASDAQ:ADBE), 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.
In October 2025, Adobe Inc. (NASDAQ:ADBE) experienced mixed sentiments, with investor optimism over its AI prospects contrasting with market-driven stock weakness.
Firstly, on October 3, 2025, TD Cowen conducted a meeting with Adobe Inc. (NASDAQ:ADBE)’s management during their Software Bus Tour. Following discussions, the investment firm highlighted steady seat growth, pricing challenges, and accelerating consumer AI adoption. However, TD Cowen noted that enterprise-level uptake may take longer to shape growth trajectories.
However, on October 15, 2025, Adobe Inc. (NASDAQ:ADBE)’s share price fell to a new 52-week low of $330.63. The stock has experienced a 33.57% decline over the past year, facing challenges and strong competition in the AI space, particularly from Google’s new image-editing tool. Still, the analysts believe the stock is significantly undervalued due to its strong fundamentals, including healthy revenue growth and a reasonable price-to-earnings ratio of 15.06, which indicates strong upside.
Through its Adobe Experience Cloud and Adobe Creative Cloud, Adobe Inc. (NASDAQ:ADBE) delivers digital media and marketing solutions. It is included in Philippe Laffont’s stock portfolio.
1. Chime Financial, Inc. (NASDAQ:CHYM)
Number of Hedge Fund Holders: 46
Upside Potential: 81.66%
Share Price Return Between July 1 and October 15: -39.73%
Coatue Management holds $373.47 million worth of shares in Chime Financial, Inc. (NASDAQ:CHYM), representing 1.04% 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 September 30, 2025, William Blair reaffirmed its “Outperform” rating on Chime Financial, Inc. (NASDAQ:CHYM).
The investment firm cited the company’s ability to gain increased market share within the consumer banking market amid traditional banks’ digital shortcomings. Accordingly, William Blair believes the company can serve less wealthy customers with small balances and younger customers who look for better digital experiences. With nearly 9 million customers against a roughly 200 million-account opportunity, Chime Financial, Inc. (NASDAQ:CHYM) appears poised to increase average revenue per account month (ARPAM) by expanding its offering, adding services like early wage access (EWA) and unsecured customer loans.
Chime Financial, Inc. (NASDAQ:CHYM), a U.S.-based financial technology company, delivers digital banking and payment solutions through its Chime app. It offers accessible banking, credit building, and savings tools for consumers. It is included in Philippe Laffont’s stock portfolio.
While we acknowledge the potential of CHYM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CHYM and that has 100x upside potential, check out our report about this cheapest AI stock.
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