During the first quarter of 2021, V3 Capital began establishing a position in Invitation Homes Inc., with shares valued at roughly $19.39 million. Austin Wurschmidt of KeyBanc has an Overweight rating and a $46 price target on the stock. ARK Investment Management lost nearly $8 billion in value between October and December 2021. Investors continued to pour money into the fund despite this. Twitter, CRISPR Therapeutics AG, and Invitae Corporation were among the five stocks Wood was positive on at the conclusion of the fourth quarter of 2021.
Insider Monkey highlights Cathie Wood’s 10 stock picks for the next 5 years. Tesla, Inc. is a company that sells electric cars and clean energy products. In recent months, hedge funds have begun pouring money into the stock. 91 hedge funds held $12.9 billion in Tesla stock at the end of the fourth quarter of 2021. Since the first quarter of 2018, the company has been part of the ARK portfolio. At the end of the fourth quarter of 2021, 39 hedge funds in Insider Monkey’s database had positions in Teladoc Health, Inc. worth $2.4 billion. Twilio Inc. is a cloud communications platform that it owns and operates. The stock is bullishly held by elite hedge funds. SCGE Management, based in California, is the largest stakeholder, with 2 million shares worth more than $539 million, accounting for 3.23 percent of the portfolio. In the financial world, Block, Inc. is a popular payments stock. Since the fourth quarter of 2016, the company has been part of the ARK portfolio. Intellia Therapeutics, Inc. is a company that specializes in genome editing. The company is heavily invested in by major hedge funds. With 1.5 million shares worth more than $186 million, Viking Global is the largest shareholder. For more details, click Cathie Wood’s 10 Stock Picks For The Next 5 Years.
