In this article, we discuss Man GLG’s 10 stock picks with the highest upside potential.
The billionaire investor Noam Gottesman co-founded GLG Partners, which is now part of the Man Group and is known as Man GLG. Gottesman was known for long-term diversified hedge fund strategies and discretionary investment management. The fund, founded in 1995 and acquired by Man Group plc for $1.6 billion in 2010, has since evolved into a multi-strategy fund manager that focuses on equity long-short, emerging markets, and long-only mutual funds. Following the acquisition, Gottesman had not been involved with the fund since at least 2012.
Post-acquisition, the Man GLG fund integrated quantitative investment capabilities with discretionary hedge fund strategies, forming one of the most diversified platforms in alternative asset management. The fund boasts $41.3 billion in assets under management (AUM) as of May 8, 2025, according to AUM 13F.
As of Q2 2025, Nvidia became the fund’s largest holding after it increased its stake in the tech giant by 49% in the quarter. The fund’s concentration in technology giants is maintained, as Microsoft, Apple, Amazon, and Alphabet remain in its top positions. Salesforce emerged as one of the fund’s substantial holdings after Man GLG increased its stake by 270%, bringing the investment to $353.09 million.
On the markets front, the focus is expected to remain on the upcoming earnings results. Louis Navellier, founder and chief investment officer at Navellier & Associates, commented, “This is a good sign that big multinational stocks are posting better than expected results. This essentially means the Q3 announcement season is off to a strong start and that we are going to have a great year-end rally.”
Given the fund’s focus on market-leading companies, it’s essential that we highlight its top picks. Thus, let’s jump to our list of Man GLG’s 10 stock picks with the highest upside potential.
A close-up shot of a modern computer screen displaying a sophisticated financial program.
Our Methodology
To curate our list of Man GLG’s 10 stock picks with the highest upside potential, we scanned Man GLG’s Q2 2025 13F filings, using Insider Monkey’s 13-F database. Next, we filtered for the stocks with the strongest upside potential based on Wall Street analysts’ price targets as of October 24, 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 24, providing readers with insight into how Man GLG’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. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)
Upside Potential: 13.71%
Share Price Return Between July 1 and October 24: +31.28%
Man GLG holds $238.58 million worth of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), representing 0.45% of its 13-F portfolio. Thus, the company is included in Man GLG’s list of 10 stock picks with the highest upside potential.
During its earnings call for the third quarter on October 16, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) highlighted its capex plan alongside its guidance for the fourth quarter.
For Q3, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) recorded $33.09 billion in consolidated revenue and $15.10 billion in net income. The company narrowed its 2025 capital expenditure guidance to between $40 billion and $42 billion. This is an increase from its prior range of $38 billion to $42 billion, reflecting continued strength in AI-related demand. Out of this, 70% of the budget is dedicated to the company’s advanced process technologies, while 10-20% each will be utilized in specialty technologies and advanced packaging, testing, and other areas.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) reassured its investors that this higher capital spending will continue to drive future growth opportunities and help it deliver profitable returns to shareholders.
At the same time, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) issued its Q4 guidance, according to which it expects revenue between $32.2 billion and $33.4 billion, reflecting a 22% year-over-year increase at the midpoint. Meanwhile, gross margin is expected to be between 59% and 61% and operating margin is projected to range between 49% and 51%. The company assumed an exchange rate of USD 1 to TWD 30.6.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) serves leading global technology companies by designing and manufacturing integrated circuits and advanced semiconductors.
9. Capital One Financial Corporation (NYSE:COF)
Upside Potential: 15.57%
Share Price Return Between July 1 and October 24: +4.57%
Man GLG holds $11.12 million worth of Capital One Financial Corporation (NYSE:COF) stock, representing 0.02% of its 13-F portfolio as of Q2 2025. The company is included in Man GLG’s 10 stock picks with the highest upside potential.
On October 22, 2025, Morgan Stanley raised its price target on Capital One Financial Corporation (NYSE:COF) from $267 to $272, while maintaining an “Overweight” rating.
The raised target by the investment firm reflects Capital One Financial Corporation (NYSE:COF)’s strong third-quarter 2025 results, bolstered by its acquisition of Discover Financial Services earlier in May. The company’s Q3 results surpassed Wall Street estimates, driven by improved credit quality performance.
Morgan Stanley highlighted improving credit trends, supported by a resilient customer base, as well as its subprime auto lending business. Furthermore, the firm cited the company’s capital return program, including a new $16 billion share repurchase authorization, an accelerated buyback plan, and a 33% dividend increase. Capital One Financial Corporation (NYSE:COF)’s new 11% capital target reflects the company’s focus on balance sheet strength and sustained shareholder returns following the Discover acquisition.
Capital One Financial Corporation (NYSE:COF), a financial services holding company, operates through Credit Card, Consumer Banking, and Commercial Banking segments.
8. Uber Technologies, Inc. (NYSE:UBER)
Upside Potential: 15.68%
Share Price Return Between July 1 and October 24: +2.11%
Man GLG holds $262.56 million worth of Uber Technologies Inc. (NYSE:UBER) stock, representing 0.5% of its 13-F portfolio as of Q2 2025. The company is one of Man GLG’s 10 stock picks with the highest upside potential.
On October 21, 2025, Bernstein reaffirmed its “Outperform” rating on Uber Technologies, Inc. (NYSE:UBER) with a $110 price target.
The investment firm’s bullish stance reflects expectations for steady third-quarter results. It expects roughly 19% year-over-year growth in the company’s Mobility segment. The firm also projects 15%-16% organic growth in the Delivery segment, excluding Trendyol Go.
While mild weakness in U.S. app engagement in September was noted, which impacted both the Mobility and Delivery segments, Bernstein highlighted that international demand has remained stable. Despite this dip in third-party app data, the firm does not see it as material.
Uber Technologies, Inc. (NYSE:UBER)’s positive commentary in early September, alongside its sustained global spending trends, reinforced the firm’s bullish stance.
Uber Technologies, Inc. (NYSE:UBER), a global platform, offers ridesharing, delivery, and freight services, as well as AI-driven data solutions for enterprises.
Hedge Fund Resource Center