We recently published an article titled Billionaire Chris Rokos. In this article, we will explore other stock picks with huge upside potential for elastic NV (NYSE:ESTC) against Chris Rokos.
One of the characteristics of an investor who defines as a billionaire is the ability to make money, regardless of market conditions. Chris Rokos is an example. For example, in March 2025, hedge funds rose 3.4% due to increased volatility. Meanwhile, large asset managers such as Point72, Citadel and Millennium work hard to handle volatility.
Christopher Charles Rokos is a British hedge fund manager. After nearly 10 years with Goldman Sachs, he co-founded Brevan Howard in 2002, where he traded interest rate products. In 2015, he founded Rokos Capital Management. As of 2025, asset managers have approximately US$20 billion in managed assets (AUM). Rokos is the fund's Chief Investment Officer (CIO).
Billionaire hedge fund managers made the most of Trump's election last November. Rokos made nearly $1 billion in profits a day after Trump’s victory, according to a Bloomberg report. According to the report, this is an "excellent transaction performance" since its operation began in 2015.
Please read also: 10 shares of Billionaire Ray Dalio's Bridgewater with huge upward potential and 10 big stocks of billionaire Mario Gabelli with huge upward potential.
Victory did not stop there. Since the election victory, Trump has helped to rally and rout with almost equality. But, it is interesting that Rokos keeps increasing profits regardless of market conditions. Thanks to Trump's push for the rally in November 2024, Rokos Capital Management ended the year with a return of 31%.
In early April 2025, Trump's tariffs triggered a big sell-off, and many hedge funds lost money. But not Rokos. Asset managers rose to 4.5% in the first two weeks of the month. As of mid-April 2025, this earning helped hedge funds reach 8% annual earnings.
However, it remains to be seen whether Rokos Capital Management will continue to win this year, especially given the market conditions. On Monday, May 5, 2025, the S&P 500 snatched from a nine-day rally, the longest winning streak in 20 years. The broader market index fell 0.64%, while the Nasdaq fell 0.74%, and the Dow Jones lost 0.24%.
Market observers cited by CNN lower tariffs. For example, Jed Ellerbroek of Argent Capital Management said, “The market is very concerned about the final state of tariff rates and it bounces every day as these assessments change.”
Senior technical strategist Tom DeMark told Bloomberg that a bear market could be a situation soon. "The top is imminent. There has been too much technical loss. Stocks are now vulnerable and if anything quickly changes the global trade outlook, it's easy to get hit."
However, it is not surprising that Rokos Capital manages earnings from the bleak market (if the current forecast holds true). They have done it before. Therefore, it seems wise to understand the stock picks of hedge funds, especially those with huge upward potential.
We comb through the SEC Q4 2024 13F file from Rokos Capital Management. We focus on the fund's most valuable stock holdings (excluding ETFs and options) and then rank the stocks based on the analyst's price targets. As of May 7, 2025, we selected stocks with a margin of at least 30% and then selected the top 10.
Why are we interested in stocks that hedge funds to accumulate? The reason is simple: Our research shows that we can beat the market by mimicking the top stocks of the best hedge funds. Our strategy for quarterly newsletters selects 14 small and large stocks every quarter, returning 373.4% since May 2014, beating its benchmark by 218 percentage points (See more details here).
A group of software engineers working in an open futuristic office.
Rokos Capital Management Stakes Value: $4,953,000
As of May 7: 58.72%
Number of hedge fund holders: 64
Elastic NV (NYSE:ESTC) is a search and data analysis company that takes "search AI companies" as its market. The company offers a suite of solutions including Elasticsearch (the search engine for the application), Kibana (visualization tool), and elastic security, among others.
The past month has been busy with elastic NV (NYSE:ESTC). On April 29, the company announced automatic immigration. This is a new feature that simplifies the transition from existing SIEM (Security Information and Event Management) to address resilient security. It automatically maps existing detection rules to equivalent elastic build rules without manual reconstruction. This innovation reduces the cost, complexity and risk associated with migration from older security systems.
Just a few days ago, Elastic NV (NYSE:ESTC) revealed the general availability of Elastic Cloud serverless on Google Cloud Marketplace. This allows developers to quickly scale their company's solutions without managing the infrastructure. This is based on their industry-first search for AI Lake Architecture.
These product innovations Position Resilience NV (NYSE:ESTC) leverages the growing demand for advanced security and search capabilities. The company's focus on performance optimization is obvious, namely, Elasticsearch runs up to 40% on Google Axion processors. This performance gain enables users to index data more efficiently and improve search performance.
On April 16, 2025, Morgan Stanley analyst Sanjit Singh lowered the target share price of the elastic NV (NYSE:ESTC) from $140 to $120 while maintaining an overhold rating. The analyst said in a note that the adjustment is part of a broader risk/reward reassessment across the software company, based on tariff risk uncertainty.
Overall ESTC Ranked third There is huge upward potential in our Chris Rokos stock picks. Although we acknowledge the potential of ESTC as an investment, our belief is that AI stocks have higher returns in a shorter time frame and do this in a shorter time frame. AI stocks have risen since the beginning of 2025, while popular AI stocks have lost about 25%. If you are looking for more promising AI stocks than ESTC, but their earnings are trading at less than 5 times the price, check out our report The cheapest AI stock.
Read next: According to billionaires, there are 20 best AI stocks available now, and 30 best stocks to buy now.
Disclosure: None. This article was originally published in Internal monkey.