5 Best Biotech Stocks Under $20 in Cathie Wood’s Portfolio

4. Quantum-Si incorporated (NASDAQ:QSI)

Number of Hedge Fund Holders: 10

Share price as of November 24: $6.50

Cathie Wood increased her stake in Quantum-Si incorporated (NASDAQ:QSI) by 214% at the end of the third quarter. This brings the fund’s total shares to over 12.6 million worth $106 million. The biotech stock represents 0.25% of the ARK Investment Management fund at the end of the September quarter.

Quantum-Si incorporated (NASDAQ:QSI) develops protein sequencing platforms powered by its own semiconductor. By 2022, the company plans to commercialize its semiconductor, hopping in the $21 billion proteomics industry. 

In October, the biotech company announced the expansion of its early access programs to ten, with five additional sites. The company also recently acquired Pennsylvania-based semiconductor packaging company Majelac Technologies LLC.

By the end of the September quarter, 10 hedge funds owned shares of Quantum-Si incorporated (NASDAQ:QSI) worth $139 million, compared to 19 in the previous quarter.