ARK Investment Management’s Cathie Wood has retaliated against those who have criticized her “disruptive innovation” approach. Nearly 40% of her fund’s total portfolio is made up of the top ten holdings, all of which are in fast-growing industries like technology and healthcare. ARK Investment Management’s growth-oriented equity portfolio had lost nearly $8 billion in value. NXP Semiconductors N.V., Alphabet, and Tesla were among the top technology stocks sold by Wood in the fourth quarter of 2021.
Insider Monkey highlights the 10 technology stocks to sell now according to Cathie Wood. Streaming audio services are provided by Spotify Technology S.A. Tiger Global Management LLC holds 2.5 shares worth more than $603 million, making it the most valuable shareholder in the company. Since the second quarter of 2018, ARK has owned a stake in the business. One-hundred twenty-two percent of Teradyne, Inc. was owned by ARK at the end of December 2021 for $75 million. Since the first quarter of this year, ARK has owned the company. Tech behemoth Microsoft Corporation is headquartered in Redmond, Washington. Since the first quarter of this year, ARK has owned the company. Fisher Asset Management, a hedge fund tracked by Insider Monkey, has 26 million shares worth more than $9 billion. Financial infrastructure and technology solutions are provided by Coinbase Global, Inc. In the world of technology, Sea Limited is a multi-faceted enterprise. In recent months, hedge funds have been selling the stock. For more details, click 10 Technology Stocks To Sell Now According To Cathie Wood.