The Kim Bolton Blueprint: Stream, Game, Create
Tech Triumphs with Tactical Caution: Why Kim Bolton is Betting on Spotify, Roblox, and Adobe in a Volatile Market

When Kim Bolton speaks, tech investors listen. As President and Portfolio Manager at Black Swan Dexteritas, Bolton has earned a reputation for navigating volatility with a steady hand and sharp insight. On June 18, 2025, Bolton shared his latest top picks with BNN Bloomberg, offering a glimpse into how he sees the tech sector evolving amid macroeconomic optimism and geopolitical risk. His picks? Spotify, Roblox, and Adobe. Let’s break down why these names made the cut.
Market Momentum with a Dose of Caution
The tone heading into mid-2025 is a mix of cautious optimism and tactical defense. Equity markets have been surging thanks to progress in trade and tariff negotiations, coupled with strong earnings from tech heavyweights. Bolton notes that the market has rallied since late April on the back of resilient consumer spending, disinflationary trends, and solid labor data. The odds of a recession have dropped significantly, and despite some downward revisions in earnings forecasts, risk sentiment is improving.
That said, Bolton isn’t leaving the downside unprotected. His BSD Global Tech Hedge Fund is 96 percent invested but includes a 30 percent notional short equity hedge through laddered Nasdaq put options. It’s a hedge that will incrementally grow if market conditions worsen, especially in light of the unpredictable Israel-Iran conflict. It’s a balanced strategy, one that allows for participation in tech’s upside while acknowledging the elephant in the room: geopolitical risk.
