Cathie Wood Stock Portfolio: Newest Stock Picks This Year


Cathie Wood started ARK Investment Management in 2014 and oversees a $53.7 billion asset portfolio. Blockchain technologies, finance, electric vehicles, genomics, and artificial intelligence are among Wood’s investments. ARK Innovation ETF, Cathie Wood’s flagship fund, gained 152 percent in 2020. As of August 5, 2021, the hedge fund owns 5,617,415 shares of cryptocurrency trading platform COIN, valued at $1.42 billion.

Insider Monkey made a list of some of the newest picks of Cathie Wood as of the second quarter of 2021. ARK Investment Management paid $45.2 million for 1,297,615 shares of Robinhood Markets, Inc. on July 29. Cathie Wood holds 5,209,663 shares worth $233 million as of September 27. As of August 5, 2021, Cathie Wood’s hedge fund owned 6,472,735 shares of TuSimple Holdings Inc., valued at $461 million. This accounts for 0.85% of ARK Investment Management’s total holdings. On April 19, 2021, Cathie Wood of ARK Investment Management purchased 72,660 shares of Recursion Pharmaceuticals, Inc. for her ARK Genomic Revolution ETF. This represents 0.16 percent of ARK Investment Management’s total holdings. Cathie Wood owns 4.75 million shares of Berkeley Lights, Inc. in the ARK Innovation ETF, valued at $101 million as of September 27, 2021. The company’s revenue increased by 82 percent year over year to $19.3 million in the second quarter. Verve Therapeutics, Inc. is the sixth new stock pick in Cathie Wood’s portfolio. The firm creates gene-editing medications for the treatment of cardiovascular disease patients. The ARK Genomic Revolution ETF had 1,274,153 shares worth $63.6 million as of September 27. For more details, click Cathie Wood Stock Portfolio: 10 Newest Stock Picks This Year.