Cathie Wood leads ARK Investment Management. Her hedge fund oversees about $53 billion in assets, with the top ten holdings accounting for 35% of the total. Wood has perfected the art of employing investments to effect change while also reaping substantial profits. In 2020, the flagship ARK Innovation ETF from ARK Investment Management returned more than 152 percent. The fund has grown to become one of the most prestigious in the United States. Tesla, Twitter, and Square were among the top positions in ARK Investment Management’s investment portfolio at the end of the second quarter of 2021.
Here is Insider Monkey’s list of the 10 stocks Cathie Wood is selling. On the list of ten equities Cathie Wood is selling, SBI Holdings, Inc. is ranked tenth. The company is based in Tokyo and offers online financial services. The company’s revenue is increasing at a compound annual growth rate of nearly 16 percent. InterCure Ltd. is rated ninth. The company is based in Israel and produces and distributes marijuana products. It has a market capitalization of about $318 million and revenue of more than $20 million last year. BiondVax Pharmaceuticals Ltd. is a biopharmaceutical business established in Israel that develops and markets infectious disease therapies. It’s number eight on Cathie Wood’s list of ten stocks she’s selling. Phreesia, Inc. is a North Carolina-based firm that sells healthcare software and payment solutions. It’s number seven on Cathie Wood’s list of ten stocks she’s selling. With 960,000 shares worth more than $58 million, Rock Springs Capital Management is a significant shareholder. On the list of 10 stocks Cathie Wood is selling, LendingTree, Inc. is ranked sixth. An online consumer platform is owned and operated by the corporation. In May, Northland raised LendingTree’s shares from Market Perform to Outperform. For more details, click 10 Stocks Cathie Wood Is Selling.