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Billionaire Stephen Mandel Just Loaded Up on This Incredible Artificial Intelligence (AI) Stock Up Nearly 200% in 2026

Despite its impressive 2026, Nebius stock still has room for more.

Billionaire Stephen Mandel Just Loaded Up on This Incredible Artificial Intelligence (AI) Stock Up Nearly 200% in 2026

Published August 22, 2026 · Category: Finance

Overview

The latest round of Form 13Fs is out, which means investors can track what billionaire investors are doing. One hedge fund manager I follow is Stephen Mandel, who runs Lone Pine Capital. Mandel has a phenomenal track record, and isn't just a tech investor; he's diversified across all sectors.

What makes his latest move in Q2 so significant is that he added a stock to his portfolio that wasn't there during Q1 and made it his largest overall holding. That's a major vote of confidence, and clues investors in that they should investigate further.

Details

What is this stock? It's Nebius (NASDAQ: NBIS). Here's why he might have bought it.

Continue reading

Source

Originally published at www.fool.com.

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