We recently published an article titled Billionaire Chris Rokos’ 10 Stock Picks with Huge Upside Potential. In this article, we are going to take a look at where Marvell Technology, Inc. (NASDAQ:MRVL) stands against Chris Rokos’ other stock picks with huge upside potential.
One of the traits that define investors who become billionaires is the ability to make money regardless of market conditions. Chris Rokos is one example. For instance, in March 2025, the hedge fund gained 3.4% amid heightened volatility. At the same time, fellow big-name asset managers like Point72, Citadel, and Millennium struggled to handle the volatility.
Christopher Charles Rokos is a British hedge fund manager. He co-founded Brevan Howard in 2002 after nearly 10 years with Goldman Sachs, where he traded interest rate products. In 2015, he established Rokos Capital Management. The asset manager has approximately $20 billion worth of assets under management (AUM) as of 2025. Rokos is the fund’s Chief Investment Officer (CIO).
The billionaire hedge fund manager made the most of Trump’s election in November last year. According to a Bloomberg report, Rokos netted nearly $1 billion in profits in a single day following Trump’s victory. This, according to the report, is a “standout trading performance” since Rokos Capital started operating in 2015.
READ ALSO: Billionaire Ray Dalio’s Bridgewater’s 10 Stock Picks with Huge Upside Potential and Billionaire Mario Gabelli’s 10 Large-Cap Stock Picks with Huge Upside Potential.
And the winning didn’t stop there. Since that election victory, Trump has fueled rallies and routs in almost equal measure. But, interestingly, Rokos keeps turning up profits regardless of market conditions. Thanks to the Trump-fueled rally in November 2024, Rokos Capital Management ended the year with 31% in returns.
In early April 2025, Trump’s tariffs triggered a large sell-off, and many hedge funds lost money. But not Rokos. The asset manager advanced 4.5% in the first two weeks of the month. This gain helped the hedge fund’s returns for the year to reach 8% as of mid-April 2025.
But whether Rokos Capital Management will keep winning this year is something that remains to be seen, especially in light of the conditions in the market. On Monday, May 5, 2025, the S&P 500 snapped out of a nine-day rally—the longest winning streak in 20 years. The broader market index fell 0.64%, while the Nasdaq shed 0.74% and the Dow lost 0.24%.
Market observers quoted by CNN put the decline on tariffs. For instance, Argent Capital Management’s Jed Ellerbroek said that the “market is intensely focused on where the tariff rates end up, and it’s bouncing around day to day as those assessments change.”
Veteran technical strategist Tom DeMark told Bloomberg that a bear market is a likely scenario shortly. “A top is imminent. Too much technical damage has been done. Stocks are vulnerable right now and can easily get hit pretty badly if anything quickly changes on the global trade outlook.”
However, it won’t come as a surprise that Rokos Capital manages gains out of the bleak market (if the current predictions hold). They have done it before. As such, it appears wise to get an idea of the hedge fund’s stock picks, especially those with a huge upside potential.
Our Methodology
We combed through Rokos Capital Management’s SEC Q4 2024 13F filings. We focused on the fund’s most valuable equities holdings (excluding ETFs and options) and then ranked the stocks based on analyst price targets as of May 7, 2025. We picked stocks with an upside potential of at least 30% and then picked the top 10. We have also mentioned the broader hedge fund sentiment for these stocks, as of Q4 2024.
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).
An assembly line in a semiconductor factory, with workers at their stations.
Marvell Technology, Inc. (NASDAQ:MRVL)
Rokos Capital Management Stake Value: $50,436,698
Upside Potential as of May 7: 89.66%
Number of Hedge Fund Holders: 105
Marvell Technology, Inc. (NASDAQ:MRVL) is a data infrastructure semiconductor company. It designs, develops, and markets integrated circuits for data centers, enterprise networking, 5G carrier infrastructure, automotive, etc. The target customers include cloud providers, telecommunications and networking companies, and manufacturers integrating smart technology into vehicles.
Marvell Technology, Inc. (NASDAQ:MRVL) shares fell more than 6% in extended trading on May 6, 2025, after the chipmaker cut the high end of its revenue forecast and postponed its investor day event. The company said the decision was made due to an “uncertain” economic environment. Revenue in the first quarter didn’t reach the high end of its previous forecast range, with net revenue coming in at about $1.88 billion, plus or minus 2%. This falls short of the company’s March guidance, which suggested sales might be 5% above that mark.
On the operational front, Marvell Technology, Inc. (NASDAQ:MRVL) agreed to sell its Automotive Ethernet business to Infineon Technologies AG for $2.5 billion in cash. The business, which is expected to generate revenue of $225-250 million in fiscal 2026, includes Marvell’s Brightlane Automotive Ethernet portfolio and related assets. This strategic divestiture allows Marvell (NASDAQ:MRVL) to focus on its core competencies while delivering a robust return to shareholders.
On April 17, 2025, Stifel analysts revised their price target for Marvell Technology, Inc. (NASDAQ:MRVL) to $80 from $115, while maintaining a Buy rating on the stock. Stifel believes that Marvell’s (NASDAQ:MRVL) AI-related revenues will soon reach saturation, even though demand from cloud service providers is growing.
Overall MRVL ranks 1st on our list of Chris Rokos’ stock picks with huge upside potential. While we acknowledge the potential of MRVL as an investment, our conviction lies in the belief that 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 MRVL but that trades at less than 5 times its earnings check out our report about this cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.