Chris Rokos Stock Portfolio: Top 10 Stock Picks

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6. Apple Inc. (NASDAQ:AAPL)

Rokos Capital Management’s Stake: $175 Million

Apple Inc. (NASDAQ:AAPL) first appeared in the 13F portfolio of Rokos Capital Management in the fourth quarter of 2020. Back then, this position comprised close to 1.3 million shares. By the second quarter of 2021, the fund had reduced this holding to under 800,000 shares and sold it off completely by the following quarter. A new position in the firm was then disclosed in the first quarter of 2022. This holding was sold off as well before the end of 2022. Since then, the stock has appeared in the 13F filings for the fund intermittently. Filings for the fourth quarter of 2025 show that the fund owned 643,000 shares in the firm, up 4% compared to the previous quarter.

Hedge funds interest in Apple Inc. (NASDAQ:AAPL) is driven by record-breaking financial performance and a hardware-led AI supercycle. In the Q2 2026 earnings report released last month, the firm posted a record revenue of $111.2 billion, up 17% year-over-year, alongside a 22% jump in diluted earnings per share to $2.01. Investors are focused on the resurgence of the iPhone, which generated $57 billion in quarterly revenue due to extraordinary demand for the iPhone 17 series, notably in the recovering Greater China and India markets. This hardware momentum is bolstered by the higher-margin Services segment, which hit an all-time high of $31 billion with 70%+ gross margins.

While we acknowledge the potential of AAPL 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 AAPL and that has 100x upside potential, check out our report about the cheapest AI stock.

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