5 Tech Stocks to Sell Right Now According to Cathie Wood

Page 5 of 5

1. BILL Holdings, Inc. (NYSE:BILL)

Percentage of stake sold by ARK Investment Management: 100%

Number of Hedge Fund Holders: 55

BILL Holdings Inc. (NYSE:BILL) is one of the tech stocks to sell right now, according to Cathie Wood. In Q3 2025, ARK Investment Management held 151,654 shares of BILL Holdings Inc. (NYSE:BILL) worth $8 million, but by year‑end, it had fully exited the position.

The stock is down about 19% year to date, underperforming the S&P 500, which is down about 3%. On March 3 at the Morgan Stanley Technology, Media & Telecom Conference 2026, CEO Rene Lacerte outlined the company’s strategic direction as it pursues growth opportunities.

BILL Holdings Inc. (NYSE:BILL) has begun leveraging artificial intelligence solutions to reduce manual work for accountants and enhance strategic business roles. It has already started leveraging AI tools like W-9 and Invoice coding agents to reduce manual data entry. The Bill assistants have also improved self-service usage from 13% to over 40%

In addition, the company is eyeing strategic partnerships with other firms, such as NetSuite, as it seeks to enhance its market capabilities. Bill Holdings is also pivoting towards a go-to-market strategy as it seeks to move upmarket to cater to the largest businesses with specific product portfolios. The company will also target small- and mid-market companies with a capacity to handle revenues from a few million to a hundred million dollars.

BILL Holdings, Inc. (NYSE:BILL) provides cloud-based, AI-enabled financial software that automates back-office operations for small and mid-sized businesses (SMBs). Its platform simplifies accounts payable, accounts receivable, spend management, and expense reporting, allowing businesses to digitize workflows, manage cash flow, and integrate with accounting software.

While we acknowledge the potential of BILL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BILL and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 11 Best Cheapest Stocks to Buy on Robinhood and 9 Best Psychedelic Stocks to Buy in 2026.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email below.

Page 5 of 5