5 Stocks Jim Cramer and Cathie Wood Love the Most

2. Roku, Inc. (NASDAQ:ROKU)

Ark Investment Management’s Stake Value: $2.1 billion

Ark Investment Management’s 13F Portfolio: 4.04%

Number of Hedge Fund Holders: 61

Roku, Inc. (NASDAQ:ROKU) is the third-largest stock holding of Ark Investment Management, according to the latest filings. Jim Cramer also suggested investors buy Roku stock following the latest selloff.

Roku, Inc. (NASDAQ:ROKU) was in 61 hedge funds’ portfolios at the end of June compared to 63 positions in the prior quarter.