Wood's largest holding to date in her flagship fund—a position worth roughly $1.3 billion—is electric vehicle giant Tesla, which gained 50% in 2021. ARK Innovation's other top holdings are Roku, Teladoc, Zoom and Coinbase, all of which account for at least 5% or more of the portfolio.Jan 5, 2022
What fund does Cathie Wood Run?
The present travails of ARK Invest founder Cathie Wood in the world of exchange-traded funds are no secret. The star investor's flagship ARK Innovation ETF ARKK, +9.46% is down for the year and notably down 11% so far in December, even as the broader market has enjoyed new records for the S&P500 index.
What does Cathie Wood invest in?
Cathie Wood's ARK Invest ETFs are some of the hottest funds after 2020's huge stock market gains. Seven ARK Invest stocks to buy and watch are Coinbase, DraftKings, Roku, Block, Teladoc Health, Tesla and Zoom Video.5 days ago
What ETFs does Cathie Wood manage?
the ARK Innovation ETF
What stocks does Cathie Wood own?
ARK Innovation's other top holdings are Roku, Teladoc, Zoom and Coinbase, all of which account for at least 5% or more of the portfolio. Wood also has sizable positions in Unity Software, Spotify, Exact Sciences, Twilio and Block.Jan 5, 2022
How did Cathie Wood get rich?
That's exactly how Wood became rich, by the way: through the management of ARK Invest, a company that currently boasts over $50 billion in assets under management (AUM). She didn't just end up there overnight, though: After college, Wood landed a job as an assistant economist at Capital Group.
Where did Cathie Wood get her money?
When she founded Ark Invest in 2014, Wood had already amassed 40 years of experience researching and investing in innovation. She managed over $5 billion in assets at AllianceBernstein and over $800 million at hedge fund Tupelo Capital Management, a company she also founded.