5 Worst Stock Picks of Cathie Wood

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1. Berkeley Lights, Inc. (NASDAQ:BLI)

Number of Hedge Fund Holders: 18

Decline in Share Price in 2021: 88%

Berkeley Lights, Inc. (NASDAQ:BLI) is a digital cell biology company. Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Two Sigma Advisors is a leading shareholder in Berkeley Lights, Inc. (NASDAQ:BLI) with 1.1 million shares worth more than $23 million. 

Even as Berkeley Lights, Inc. (NASDAQ:BLI) witnesses a steep decline in share price, Wood has remained bullish on the company. Filings for the third quarter of 2021 show that ARK increased its stake in the firm by 24% between June and September and now owns more than 8.5 million shares in Berkeley Lights, Inc. (NASDAQ:BLI) worth over $166 million, representing 0.39% of the portfolio. 

You can also take a peek at 10 Best EV Materials Stocks to Buy and 10 Best NFT Stocks to Buy Now.

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