Cathie Wood’s Latest Stock Portfolio: Top 5 Stock Picks

2. Tesla, Inc. (NASDAQ:TSLA)

Number of Q4 2023 Hedge Fund Shareholders: 82

Ark Invest’s Q1 2024 Investment Stake: $910 million

Tesla, Inc. (NASDAQ:TSLA) is the well known electric vehicle company headquartered in Texas. The stock is down 41% year to date, and the shares further tanked in April 2024 after a fresh price cut continued to spook investors.

As of December 2023 end, 82 out of the 933 hedge funds profiled by Insider Monkey had bought the firm’s shares. Tesla, Inc. (NASDAQ:TSLA)’s biggest hedge fund shareholder was Philippe Laffont’s Coatue Management through its $1 billion investment.

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