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Artificial intelligence (AI) has remained a prominent theme of 2025, and for the past three years, no other trend has garnered as much attention as AI. The steady upside in tech stocks has led to higher valuations and benefited the overall market. This led to the birth of the Magnificent Seven that ruled the industry in 2025. However, billionaires are moving in a different direction, and the recent 13F filings show them dumping the Magnificent Seven for other tech stocks. Some of the brightest money managers have sold top names to invest in stocks that have a high upside potential.
Billionaire Stanley Druckenmiller dumped his stake in AI giants Nvidia Corp. (NASDAQ: NVDA) and Palantir Technologies (NASDAQ:PLTR). Ken Griffin, founder of Citadel, sold 2.1 million shares of Amazon.com Inc. (NASDAQ: AMZN), reducing his stake in the company by 39%. Further, Scion Asset Management reduced its stake in Meta Platforms Inc. (NASDAQ: META) by 12.76%, and Bridgewater Associates trimmed their stake in Nvidia, Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL), and Microsoft (NASDAQ:MSFT). Tiger Global Management reduced its stake in Meta Platforms by 9.92%. Here are the stocks these billionaires invested in during the quarter.
Adobe Inc.
Bridgewater Associates allocated 0.61% of their portfolio in Adobe Inc. (NASDAQ: ADBE) with 533,198 shares. The company has strong fundamentals that continue to drive growth. Its gross margin is nearing 90% and is driven by the growing AI demand. The company has also incorporated AI tools in its products and is working on AI monetization strategies.
In the fourth quarter, Adobe reported record revenue and remaining performance obligations. The revenue came in at $6.19 billion, up 10% year-over-year, and the operating income stood at $2.26 billion.
The remaining performance obligations came in at $22.52 billion. Its digital media segment saw an 11% revenue jump, and the digital experience segment saw a 9% year-over-year jump. The company has an attractive valuation and strong fundamentals that will drive growth in 2026. Adobe has announced a multi-year strategic partnership with Runway Partner to deliver AI videos.
Despite the stock’s 19% drop in 2025, Adobe’s numbers illustrate fundamental strength and an enticing investment opportunity. This dip could be a golden opportunity to own the stock. It is exchanging hands for $352.98. In the AI industry, data is the new gold, and this is where Adobe is set to win. TipRanks has a strong buy rating for the stock with an average price target of $459.96, a 30% upside.
Advanced Micro Devices
Allapoosa invested 2.08% of the fund in Advanced Micro Devices (NASDAQ:AMD) with 950,000 shares, while Bridgewater Associates purchased 39,572 shares. While Nvidia continues to dominate the industry, AMD has tried to reduce the gap with its biggest rival. AMD’s upcoming releases have captured the attention of the market, and it will continue to narrow the gap in the coming years.
When Nvidia was struggling to meet the demand, AMD sold its competing product at a lower cost. It has built strategic partnerships with Meta Platforms and OpenAI, which has helped drive growth. This has given companies a strong reason to choose AMD over Nvidia.
The market is also focusing on AMD’s upcoming MI450 accelerator, and the management claims that it will perform better than Nvidia’s Vera Rubin accelerator. In the third quarter, the company reported a revenue of $9.2 billion, up 36% year over year, and a net income of $1.2 billion. Data center revenue jumped 22% to $4.3 billion, and the client and gaming segment revenue soared 73% year-over-year.
Up 78.22% in 2025, AMD stock is exchanging hands for $214.99. Yes, it is more expensive than Nvidia and trades at a higher valuation. But in the past few years, AMD has shown tremendous growth, and its work in the AI industry is bearing fruit. Investors need to look at AMD individually and not compare it to Nvidia.
Broadcom Inc.
Tiger Global Management increased its stake in Broadcom (NASDAQ:AVGO) by 0.76%. Lone Pine Capital also increased its stake in the stock by 3.72%. Up 51% in 2025, AVGO stock is exchanging hands for $352.13.
A leading AI stock, Broadcom has been the biggest beneficiary of the AI boom. Its growth continues to be driven by the strong demand for its custom AI chips. The company has partnered with the top tech giants seeking custom ASICs. Broadcom has provided the expertise in ASIC design, high-speed I/O, and networking to allow Google to build systems at hyperscale. Notably, Broadcom plays a significant role in driving Alphabet’s AI growth.
The stock has been outperforming several AI giants in recent months. In the recent quarter, the company announced a record quarterly revenue of $18 billion, up 28% year over year. This was driven by AI semiconductor revenue, which jumped 74% year over year. Its GAAP -measured net income soared 97% to $8.51 billion.
Broadcom could be a long-term winner in the AI race.