We recently published a list of Billionaire Chris Rokos’ Top 15 Stock Picks. In this article, we are going to take a look at where Monolithic Power Systems, Inc. (NASDAQ:MPWR) stands against other Billionaire Chris Rokos’ top stock picks.
Chris Rokos is a highly regarded British hedge fund manager and the founder of Rokos Capital Management, one of the most successful global macro hedge funds in the world. With a reputation for astute market predictions and exceptional returns, Rokos has established himself as a leading figure in the financial industry. His career trajectory reflects both his expertise in macroeconomic analysis and his ability to manage risk effectively in volatile markets. Chris Rokos was born in 1970 and grew up in the United Kingdom. A brilliant student from an early age, he attended Eton College, one of the UK’s most prestigious schools. He later studied at Pembroke College, Oxford, graduating with a degree in mathematics. Rokos’ strong analytical skills, honed during his academic career, became a foundation for his success in the world of finance.
Read more about these developments by accessing 10 Best AI Data Center Stocks and 10 Buzzing AI Stocks According to Goldman Sachs.
After university, Rokos joined Goldman Sachs as an investment banker, where he gained valuable experience in financial markets. In 1993, he moved to UBS and later joined the fledgling hedge fund Brevan Howard Asset Management in 2002, a move that would mark a turning point in his career. As one of the co-founders of Brevan Howard, Rokos played a pivotal role in the firm’s rise to prominence. He specialized in global macro trading, focusing on interest rates, currencies, and government bonds. Rokos was one of the firm’s star traders, reportedly generating over $4 billion in profits for the fund during his tenure. Rokos left Brevan Howard in 2012, taking a sabbatical from trading.
In 2015, Rokos launched Rokos Capital Management with approximately $3 billion in assets under management (AUM) from institutional investors. The firm focuses on global macroeconomic strategies, leveraging Rokos’ expertise in trading interest rates and currencies. Rokos Capital Management has grown its 13F assets to over $6 billion by the end of the third quarter of 2024, making it one of the largest hedge funds in Europe. Despite challenging market conditions, Rokos has delivered strong returns, often outpacing peers in the industry. For instance, in 2022, the fund gained 50%, benefiting from rising interest rates and inflation volatility.
Read more about these developments by accessing 30 Most Important AI Stocks According to BlackRock and Beyond the Tech Giants: 35 Non-Tech AI Opportunities.
For this article, we selected stocks by combing through the 13F portfolio of Rokos Capital Management at the end of the third quarter of 2024. These stocks are also popular among other hedge funds. 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 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
An engineer examining a DC to DC integrated circuit board, looking for any flaws.
Monolithic Power Systems, Inc. (NASDAQ:MPWR)
Number of Hedge Fund Holders: 38
Rokos Capital Management’s Stake: $70.7 million
Monolithic Power Systems, Inc. (NASDAQ:MPWR) engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the computing and storage, automotive, industrial, communications, and consumer markets. The following factors make the company a prime candidate for investment. Firstly, as per the reports of the third quarter of 2024, revenue was $620.1 million for the quarter ended September 30, 2024, a 22.2% increase from $507.4 million for the quarter ended June 30, 2024, and a 30.6% increase from $474.9 million for the quarter ended September 30, 2023. This demonstrates the company’s ability to expand in its target markets and the increase in demand for its power solutions. Secondly, Monolithic Power Systems (NASDAQ:MPWR) is expanding into the automotive sector, focusing on developing power solutions tailored for electric vehicles (EVs). This move aims to capitalize on the growing demand for energy-efficient power systems in the automotive industry.
Overall, MPWR ranks 13th on our list of Billionaire Chris Rokos’ top stock picks. While we acknowledge the potential of MPWR as an investment, our conviction lies in the belief that some stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a stock that is more promising than MPWR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap
Disclosure: None. This article is originally published at Insider Monkey.
