#CATHIE WOOD WORKHORSE FREE#

The firm makes and sells biopharma products for cancer treatment and operates from Cambridge.

(NASDAQ: SYRS) is ranked fourteenth on our list of 15 stocks that Cathie Wood is dumping. (NASDAQ: WKHS), down from 16 in the preceding quarter worth $96 million. (NASDAQ: WKHS) stock with a price target of $16, noting that the appointment of a new CEO at the firm was a вЂњnice fitвЂќ.ДЄt the end of the second quarter of 2021, 13 hedge funds in the database of Insider Monkey held stakes worth $60 million in Workhorse Group Inc.

On July 29, investment advisory B Riley maintained a Buy rating on Workhorse Group Inc. It is placed fifteenth on our list of 15 stocks that Cathie Wood is dumping. (NASDAQ: WKHS) is an Ohio-based technology company that makes and sells battery electric vehicles and aircraft. The stocks are arranged according to the number of hedge fund holders in each company. The hedge fund sentiment around each stock was gauged using the data of 873 hedge funds tracked by Insider Monkey. The analyst ratings of each company are also discussed to provide readers with some more context about their investment decisions. Only those stocks were selected that the hedge fund sold off entirely in the second quarter of 2021. These were ranked according to the investment portfolio of ARK Investment Management at the end of the second quarter of 2021. With this context in mind, here is our list of the 15 stocks that Cathie Wood is dumping.

#CATHIE WOOD WORKHORSE FREE#

You can subscribe to our free newsletter on our homepage to receive our stories in your inbox. ThatвЂ™s why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to. Our stock picks outperformed the market by more than 86 percentage points ( see the details here ). Between March 2017 and July 2021 our monthly newsletterвЂ™s stock picks returned 186.1%, vs. On the other hand, Insider MonkeyвЂ™s research was able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by more than 86 percentage points since March 2017. Its reputation has been tarnished in the last decade, during which its hedged returns couldnвЂ™t keep up with the unhedged returns of the market indices. The entire hedge fund industry is feeling the reverberations of the changing financial landscape. Wood has a net worth of more than $250 million and pioneers an investment strategy that places a focus on вЂњdisruptive innovationвЂќ that has earned the ire of many top Wall Street experts in recent weeks, including legendary short-seller Michael Burry, who has a multi-million dollar short position on the flagship ARK Innovation ETF. The fund has assets of more than 280 clients under management. Wood has made new purchases in 18 stocks, acquired additional stakes in 111 equities, and reduced holdings in 154 stocks between March and June this year. The top ten holdings of the fund presently account for 35% of the portfolio.

Wood, who has had a mixed year so far after posting a record one last year вЂ“ her fund posted a 740% gain in 2020, growing from $3 billion in value to over $34 billion. The portfolio value of ARK Investment Management, the New York-based hedge fund managed by Cathie Wood, has increased from over $50 billion at the end of the first quarter of 2021 to more than $53 billion at the end of the second quarter, according to the latest 13F filings.

Cathie wood workhorse