5 Software Stocks to Sell Now According to Cathie Wood

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1. Peloton Interactive, Inc. (NASDAQ:PTON)

Number of Hedge Fund Holders: 60     

Percentage Decrease in Stake in Q4: 100%  

Peloton Interactive, Inc. (NASDAQ:PTON) provides interactive fitness products. The company had been in the ARK portfolio since the fourth quarter of 2020. The hedge fund added to this holding aggressively during 2021 before selling it off almost completely in the fourth quarter. 

Elite hedge funds still hold large stakes in Peloton Interactive, Inc. (NASDAQ:PTON). Among the hedge funds being tracked by Insider Monkey, Connecticut-based investment firm Viking Global is a leading shareholder in Peloton Interactive, Inc. (NASDAQ:PTON), with 3.9 million shares worth more than $141 million. 

You can also take a peek at 10 Best Healthcare Dividend Stocks to Buy Now and 10 Dividend Stocks with Over 20 Years of Dividend Increases.

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