We recently released a list Billionaire Cliff Asness'10 stock with huge upward potential. In this article, we will explore the positions where stock options for NVIDIA Corporation (NASDAQ:NVDA) and other billionaire Cliff Asness have huge upward potential.
Cliff Asness, founder, president and chief investment officer of AQR Capital Management, is a famous figure in the financial world. Starting with a small number of investors' commitments in 1995, Asness was able to increase the assets of Goldman Sachs global Alpha fund to more than $100 million in just a few months. Cliff Asness's investment strategy focuses on value and momentum, providing AQR with excellent returns, separating him from hedge fund managers. As a proof that the fund has produced positive returns over the past three years, returning 43.5% in 2022 when it was its greatest year.
This momentum continues in the first quarter of 2025. AQR Capital Management outperformed the market by 9% as Wall Street increased volatility due to Donald Trump’s unpredictable tariff policies. The company's top strategy, a $3 billion multi-strategy fund that includes stocks, macros and arbitrage trading, rose 3.4% in March, adding to its strong quarterly performance. Meanwhile, AQR's Delphi Long-Short stock strategy returned 9.7%, while its trend range spiral strategy gained 3% over the same period.
Cliff Asness has repeatedly stated that he is not a admirer of Bitcoin. Hedge fund managers expressed pessimism about Bitcoin in a recent CNBC interview, claiming there is no realistic use case, although he has not ruled out the possibility of leading cryptocurrencies forming a bubble. Back in February, billionaires said that Bitcoin and the S&P 500 were basically "the same thing" while volatility was different. Asness also questioned the idea that Bitcoin must be viewed as a store of value simply because of its limited supply.
The billionaire seems to be more critical of the idea of cryptocurrency reserves, a stance that contrasts with President Donald Trump. The currency manager explained his thoughts on the president's executive order in an article written for the free media:
“I’ve managed 33 years of funding and have had some modest success. Despite some worthwhile competitors, it’s hard for me to remember an idea that would be worse than the US launching a “strategic cryptocurrency reserve.” Still, on Thursday, Donald Trump issued an executive order asking David Sacks (Trump’s Crypto Czar) to say the reserve would be “like a digital fortress”, perhaps forgetting that the United States has exceeded the gold standard since 1933. In any case, his words wouldn’t reduce my scorn-scoring dangerous boondoggle.
In this article, we reviewed AQR Capital Management’s Q4 2024 13F file to list stock options for billionaire Cliff Asness with the highest upside potential. We rank the company by its upward potential. These stocks are also popular among elite hedge funds.
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).
Close-up of inserting a colored high-end graphic card into a gaming computer.
Q4 shares of AQR Capital Management: USD 2.19 billion
As of April 26: 53.67% upward potential
Number of hedge fund holders: 223
NVIDIA Corporation (NASDAQ:NVDA), a global leader in graphics processing and networking, uses its GPU to dominate the gaming and artificial intelligence industries, achieving a valuation of over a trillion dollars.
NVIDIA Corporation (NASDAQ:NVDA) reported a record full-year revenue of $130.5 billion in fiscal 2025, an increase of 114% over the previous year. Non-GAAP diluted EPS was $2.99, an increase of 130% from last year. Fiscal Year 4 2025 was another record quarter for the company, with revenue of $39.3 billion, a 12% increase in sequentially and a 78% increase year-on-year.
On April 16, Stifel analysts reiterated their buy rating for NVIDIA Corporation (NASDAQ:NVDA), despite the high charges on the company due to new export restrictions. NVIDIA revealed that the company will suffer $5.5 billion in inventory fees due to requesting uncertain licenses to export H20 processors to China, including companies from Hong Kong, Macau and D: 5 countries and companies from headquarters or parent companies in the region. New developments have increased uncertainty in already turbulent markets. However, Stifel analysts believe Nvidia's long-term future prospects remain solid.
The Alger Spectra Fund pointed out the following about NVIDIA Corporation (NASDAQ:NVDA) in its 2025 investor letter in its Q1 Investor Letter:
“Nvidia Corporation (NASDAQ:NVDA) is a leading provider of graphics processing units (GPUs) for a variety of end markets, such as gaming, PC, data center, virtual reality and high performance computing. The company is ahead of computing in most secular growth categories, especially artificial intelligence and supercomputing parallel processing technologies used to solve complex computing problems. We believe that NVIDIA's computing power is a key driver of AI and is therefore crucial for AI adoption. In the quarter, stocks hurt performance due to multiple factors. In January 2025, investors were worried about the emergence of advanced AI models in China, reportedly developed with lower costs and reduced computing requirements, which raised doubts about the market advantages of NVIDIA. In addition, U.S. President Donald Trump announced new tariffs aimed at the industry have increased concerns about higher operating costs. Despite these headwinds, Nvidia reported strong fiscal fourth quarter results, with its data center segment driving substantial revenue growth. On the revenue call, CEO Jensen Huang highlighted the growing computational requirements for future AI models, noting: “The more computations, the more ideas the model has, the smarter the answers,” adding that future inference models can require more computing resources. We believe that NVIDIA's leadership in expanding AI infrastructure, including advances in reasoning during inference and reasoning, can drive adoption between enterprises and startups, ensuring ongoing demand for their high-performance chips and software solutions. With older chips being reused and new clusters deployed, we see NVIDIA being well-placed to take advantage of rising computing demands in AI applications. ”
Overall, NVDA Ranked first There is huge upside potential in our stock picks for Billionaire Cliff ASNESS. While we acknowledge the potential of NVDA as an investment, our belief lies in the belief that certain AI stocks have greater hope to provide higher returns and conduct over 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 AI stocks that are more promising than NVDA but have less than 5 times its earnings, check out our report The cheapest AI stock.
Read the next article: Buy 20 Best AI Stocks Now and According to the billionaire, there are now 30 best stocks.
Disclosure: None. This article was originally published in Internal monkey.