Bristlemoon Global Fund’s fourth-quarter 2025 investor letter reported a -6.2% return in December and a 0.3% return for the month. The fund has a cumulative return of 11.9% since inception. In 2025, AI winners surged while “cheap” stocks plummeted. Check the fund’s top five holdings for insights into its picks.

AppLovin Corporation (NASDAQ:APP) had a strong performance, with a one-month return of -4.06% and shares gaining 105.18% over 52 weeks. On January 9, 2026, the stock closed at $647.72 per share, with a market cap of $219.091 billion. Bristlemoon Global Fund noted AI winners like AppLovin contributed to its success.

Bristlemoon Global Fund praised AppLovin Corporation (NASDAQ:APP) in its Q4 2025 investor letter. The company’s use of machine learning to enhance ad algorithms resulted in a 72% increase in Software Platform revenues and an 89% jump in adjusted EBITDA year-over-year. AppLovin’s stock value has grown over 10x in 16 months.

AppLovin Corporation (APP) is not among the 30 most popular stocks among hedge funds, with 110 portfolios holding it in Q3 2025. The company’s revenue increased 68% to $1.405 billion in Q3 2025. While AppLovin has potential, other AI stocks may offer greater upside. Explore undervalued AI stocks for potential growth.

Read more at Yahoo Finance: What Makes AppLovin (APP) an AI Winner?