Cathie Wood’s Latest Portfolio: 5 New Stock Picks in 2022

In this article we discuss 5 new stock picks of Cathie Wood. To see some other new stocks in Cathie Wood’s latest portfolio go to Cathie Wood’s Latest Portfolio: 10 New Stock Picks in 2022.

5. Atlantic Coastal Acquisition Corp (NASDAQ:ACAH)

An important SPAC in Cathie Wood’s latest portfolio, Atlantic Coastal Acquisition Corp (NASDAQ:ACAH) is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination. Cathie Wood’s ARK bought 865,068 shares of the SPAC in the first quarter of 2022. The total value of these shares is $8.43 million.

4. Shapeways Holdings Inc (NYSE:SHPW)

Another 3D printing stock in Cathie Wood’s portfolio, Shapeways Holdings Inc (NYSE:SHPW) provides digital manufacturing software solutions which makes industrial-grade additive manufacturing accessible by digitizing the end-to-end manufacturing process. In the fourth quarter, Shapeways Holdings posted a loss of $2.4 million. Revenue in the period came in at $8.3 million, beating the estimates by $0.87 million.

3. Gencell Ltd (TLV:GNCL)

Yet another Israeli company in Cathie Wood’s portfolio, GenCell Ltd. develops hydrogen alkaline based fuel cell systems and solutions that replace diesel generators with clean backup power for utilities, homeland security, healthcare and automated industries.

2. Arbe Robotics Ltd (NASDAQ:ARBE)

Arbe Robotics Ltd (NASDAQ:ARBE) makes sensing solutions for vehicles. The company claims that its chipset solutions provides car and Tier 1 companies with a sensing solution that is 100 times more detailed than any other radar on the market. At the end of the fourth quarter of 2021, 4 hedge funds had stakes in Arbe Robotics Ltd (NASDAQ:ARBE). Cathie Wood’s hedge fund bought 269,401 shares of the company in the first quarter, worth $1.9 million.

1. Cellebrite DI Ltd (NASDAQ:CLBT)

Cellebrite DI Ltd (NASDAQ:CLBT) is an Israeli digital intelligence company. Cathie Wood’s fund bought 409,584 shares of the company in the first quarter. The total worth of these shares was $2.6 million. Overall, hedge fund sentiment was positive around Cellebrite DI Ltd (NASDAQ:CLBT), as 22 hedge funds tracked by Insider Monkey had stakes in the company, compared to 18 funds a quarter earlier.