Cathie Wood’s Portfolio: 5 Stocks Under $10

4. Cerus Corporation (NASDAQ:CERS)

Number of Hedge Fund Holders: 18

Share Price as of April 15: $4.83

Cerus Corporation (NASDAQ:CERS) is a California-based biomedical products company that works on technology to lower blood-borne pathogens in donated blood, preparing it for transfusion. Cathie Wood held 15.75 million Cerus Corporation (NASDAQ:CERS) shares in the fourth quarter of 2021, worth $107.3 million, representing 0.32% of the total 13F portfolio. 

In a press release on February 22, Cerus Corporation (NASDAQ:CERS) posted a Q4 GAAP loss per share of $0.05, above analysts’ estimates by $0.03. The company’s revenue of $39.87 million jumped 41.4% year-over-year, in-line with market consensus. Cerus Corporation (NASDAQ:CERS) reiterated its 2022 revenue guidance ranging between $157 million to $164 million, reflecting a 20% to 25% increase versus the prior-year revenue.

Among the hedge funds tracked by Insider Monkey at the end of December 2021, 18 funds were bullish on Cerus Corporation (NASDAQ:CERS), with combined stakes worth $293.8 million. Julian Baker and Felix Baker’s Baker Bros. Advisors is a significant shareholder of the company, with 13.7 million shares valued at $93.3 million.