Ratan Capital's AI Bet Drives 278% Gains, Microsoft Stake Increases
Ratan Capital Management posted a 278% three-year return by overweighting AI and tech stocks, with Nvidia representing 11% of Q4 2025 holdings and notable positions in Microsoft, Vistra and Boeing. The fund added to its Microsoft stake despite recent share underperformance, signaling a bullish outlook on AI-driven growth opportunities.
1. Exceptional Three-Year Gains
Ratan Capital Management reported a 278% total return from 2023 to 2025, achieving an annualized gain exceeding 55% by targeting AI and technology stocks during market corrections.
2. Top Holdings Breakdown
In its Q4 2025 portfolio, Nvidia accounted for 11% of assets while significant positions included Microsoft, Vistra and Boeing, reflecting a focus on leading AI beneficiaries and industrials.
3. Microsoft Stake Expansion
Despite recent underperformance, the fund increased its Microsoft allocation, signaling confidence in the company's AI initiatives and potential for growth in its cloud and software divisions.