Cathie Wood’s ARK Portfolio: Top 5 Losers

2. KE Holdings Inc. (NYSE:BEKE)

Number of Hedge Fund Holders: 26

52-Week High: $78.00

Real-Time Share Price as of December 7: $20.85

Percentage Loss in Share Price Year-to-Date: 63.75%  

KE Holdings Inc. (NYSE:BEKE) provides electronics manufacturing services. According to regulatory filings, ARK Investment Management owned 5.8 million shares in KE Holdings Inc. (NYSE:BEKE) at the end of September 2021 worth $276 million, representing 0.51% of the portfolio. 

KE Holdings Inc. (NYSE:BEKE) recently posted earnings for the third quarter, reporting earnings per share of -$0.12, missing market predictions by $0.08. The revenue over the period was $2.8 billion, down close to 12% year-on-year. 

Among the hedge funds being tracked by Insider Monkey, California-based investment firm Tybourne Capital Management is a leading shareholder in KE Holdings Inc. (NYSE:BEKE) with 16 million shares worth more than $299 million.