We recently published a list of Top 10 Stocks to Buy According to Think Investments. In this article, we are going to take a look at where Futu Holdings Limited (NASDAQ:FUTU) stands against other top stocks to buy according to Think Investments.
Think Investments is an investment firm based in San Francisco, with additional offices in Singapore and India. The firm focuses on long-term investments in both public and private companies, emphasizing creative research to identify high-potential opportunities. Specializing in technology-driven early-stage businesses, Think Investments partners with its strong management teams to build differentiated companies that generate high returns on invested capital. With a deep understanding of emerging markets and global technology, the firm is well-positioned to navigate complex investment landscapes.
Founded in 2013 by Shashin Shah, Think Investments has established itself as a key player in global markets. The firm has over $1 billion invested in Indian companies operating in the financial services, healthcare, technology, and consumer sectors. Think’s investment strategy is guided by Shah’s extensive experience in global equity markets, ensuring a disciplined approach to capital allocation. The firm’s commitment to long-term value creation has made it a trusted partner for relatively young companies looking to scale efficiently.
Shashin Shah, Founder and Managing Partner, brings decades of expertise in global investing. Before launching Think Investments, he was a partner at Valiant Capital, where he managed multiple international markets, including India, the U.S., Europe, Asia, the Middle East, and North Africa. Shah also worked at Blue Ridge Capital and Morgan Stanley, further honing his investing skills. His academic background includes a bachelor’s degree in computer engineering from the University of Mumbai and an MBA from the University of Texas, equipping him with a strong analytical and financial foundation.
In addition to leading Think Investments, Shah plays an active role in shaping the growth of innovative companies. He currently serves on the boards of Chaayos, a tea café chain, and Dream11, India’s leading fantasy sports platform. His leadership and strategic insights continue to drive Think’s success, solidifying its reputation as a premier investment firm in global markets.
As of its latest filing for the fourth quarter of 2024, Think Investments reported managing approximately $454.51 million in 13F securities, of which the firm’s top ten holdings account for 80.57%.
Our Methodology
The stocks discussed below were picked from Think Investments’ Q4 2024 13F filings. They are compiled in the ascending order of the hedge fund’s stake in them as of December 31, 2024. To assist readers with more context, we have included the hedge fund sentiment regarding each stock using data from 1009 hedge funds tracked by Insider Monkey in the fourth quarter of 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).
A brokerage employee huddled with a group of retirees discussing retirement portfolios.
Futu Holdings Limited (NASDAQ:FUTU)
Number of Hedge Fund Holders as of Q4: 38
Think Investments’ Equity Stake: $19.98 Million
Futu Holdings Limited (NASDAQ:FUTU) is a financial technology company operating across seven key global regions: Hong Kong, the United States, Singapore, Australia, Japan, Canada, and Malaysia. The company reported exceptional financial growth in Q4 2024; its revenues of $570.6 million marked an 86.8% year-over-year increase, while non-GAAP adjusted net income surged by 105.4% to $251.3 million. For the full year ending December 31, 2024, Futu Holdings Limited (NASDAQ:FUTU) recorded $1.75 billion in revenue and $742.6 million in adjusted net income, reflecting year-over-year growth of 35.8% and 26.2%, respectively. The company’s higher-than-expected earnings were attributed to a sharp rise in user acquisition and client engagement, reinforcing its strong position in the fintech sector.
Futu Holdings Limited (NASDAQ:FUTU) achieved significant expansion in its user base, reaching over 25 million global users, including 2.41 million paying clients, a 16% and 41% year-over-year increase, respectively. Client assets totaled $95.7 billion, growing by 53% compared to the previous year. The company exceeded its full-year guidance by onboarding more than 701,000 new paying clients, which marks an annual growth of 127%. Market penetration remained strong, too, with Singapore recording its highest growth in 10 quarters, while Japan, Canada, Malaysia, and Australia all reported double-digit growth in both user growth and client assets. Hong Kong, where the platform operates under the Futubull brand, saw continued expansion, reaching over half of the local adult population.
Futu Holdings Limited (NASDAQ:FUTU)’s wealth management division also demonstrated strong momentum, with assets under management surpassing $14 billion—nearly double the previous year’s total. The company’s global diversification strategy has positioned it for continued success, leveraging its robust technological platform to drive user engagement and expand financial services across multiple markets. With sustained growth in trading activity, client assets, and wealth management offerings, Futu remains a dominant force in the digital financial services industry.
Overall, FUTU ranks 9th on our list of top stocks to buy according to Think Investments. While we acknowledge the potential of FUTU, 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 FUTU but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
