Top 5 Stock Picks of Wen Han Li’s Andar Capital

3. MongoDB, Inc. (NASDAQ:MDB)

Andar Capital’s Stake Value: $10,845,000

Percentage of Andar Capital’s 13F Portfolio: 8.65%

Number of Hedge Fund Holders: 44

Wen Han Li’s Andar Capital, as of the third quarter, owns a $10.84 million stake in MongoDB, Inc. (NASDAQ:MDB), which accounts for 8.65% of the firm’s Q3 portfolio.

At the end of the second quarter of 2021, 44 hedge funds out of the 873 elite funds tracked by Insider Monkey were long MongoDB, Inc. (NASDAQ:MDB), down from 46 in the preceding quarter. The overall stake value as of Q2 totaled $1.69 billion. Alex Sacerdote’s Whale Rock Capital Management is the largest MongoDB, Inc. (NASDAQ:MDB) stakeholder, with 1.26 million shares worth $596.5 million. 

On November 16, Credit Suisse analyst Phil Winslow initiated coverage of MongoDB, Inc. (NASDAQ:MDB) with an Outperform rating and a $700 price target. He stated that the market for MongoDB is rapidly expanding and the company is expected to experience significant growth.