5 Biotech Stocks to Sell Now According to Cathie Wood

2. Sema4 Holdings Corp. (NASDAQ:SMFR)

Number of Hedge Fund Holders: 38    

Percentage Decrease in Stake in Q4: 100%  

Sema4 Holdings Corp. (NASDAQ:SMFR) is a health intelligence firm. Wood had first purchased a stake in the firm during the third quarter of 2021, buying 9.4 million shares at an average price of $10.41 per share. The fund sold this entire holding between October and December. 

There is positive hedge fund sentiment around Sema4 Holdings Corp. (NASDAQ:SMFR). At the end of the fourth quarter of 2021, 38 hedge funds in the database of Insider Monkey held stakes worth $257 million in Sema4 Holdings Corp. (NASDAQ:SMFR), up from 34 in the previous quarter worth $483 million.