Cathie Wood’s Latest Portfolio: 5 Stocks Under $10

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In this article, we discuss 5 stocks under $10 in Cathie Wood’s latest portfolio. If you want to read about some more stocks in the Wood portfolio, go directly to Cathie Wood’s Latest Portfolio: 10 Stocks Under $10

5. Organovo Holdings, Inc. (NASDAQ:ONVO)

Number of Hedge Fund Holders: 4    

Share Price as of May 16: $2.55

Organovo Holdings, Inc. (NASDAQ:ONVO) is a biotech firm based in California. Latest 13F filings show that ARK owned 306,108 shares of Organovo Holdings, Inc. (NASDAQ:ONVO) at the end of March 2022, worth $1.1 million. The fund decreased its stake in the company by 8% in the first quarter of 2022 compared to filings for the fourth quarter of 2021. The firm has featured in the ARK portfolio since the third quarter of 2020. ARK has been dumping the stock gradually every quarter since then. 

On February 23, Organovo Holdings, Inc. (NASDAQ:ONVO) announced that it had reached an agreement with BICO, a biotech firm, to use the technology of the latter in the foundational patent portfolio of 3D bioprinting.

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Renaissance Technologies is a leading shareholder in Organovo Holdings, Inc. (NASDAQ:ONVO), with 158,801 shares worth more than $1.1 million. 

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