Nowhere is that more apparent than the stunning rise of the “Magnificent Seven” stocks, a collection known for its strong ties to the technology. Billionaire investors have taken notice, and many hold positions in the Magnificent Seven stocks. Among these closely watched billionaires is Philippe Laffont, who made a name for himself by building Coatue Management into the world’s best-known tech-centric hedge fund, parlaying a $50 million investment in 1999 into $27 billion in assets under management.