Cathie Wood’s 5 Stock Picks for the Next 5 Years

2. Invitae Corporation (NYSE:NVTA)

Number of Hedge Fund Holders: 24 

Invitae Corporation (NYSE:NVTA) is a medical genetics company. ARK had first purchased a stake in the company during the fourth quarter of 2016. The fund has since added to that stake and now owns 26.7 million shares worth $407 million. 

The hedge fund sentiment around Invitae Corporation (NYSE:NVTA) is mixed. At the end of the fourth quarter of 2021, 24 hedge funds in the database of Insider Monkey held stakes worth $958 million in Invitae Corporation (NYSE:NVTA), the same as in the preceding quarter worth $1.8 billion.