Cathie Wood’s Top 5 Small-Cap Stock Picks

In this article, we discuss the 5 small-cap stock picks of Cathie Wood’s 2022 portfolio. If you want to read our analysis of Wood’s hedge fund performance, go directly to Cathie Wood’s Top 15 Small-Cap Stock Picks.

5. Pacific Biosciences of California, Inc. (NASDAQ:PACB)

Number of Hedge Fund Holders: 22

Cathie Wood’s Ark Investment Management’s Holdings: $157,896,000

Percentage of Cathie Wood’s Ark Investment Management’s Portfolio: 0.93%

Market Capitalization as of July 26: $978.3 million

Pacific Biosciences of California, Inc. (NASDAQ:PACB) is a Menlo Park, California-based developer and manufacturer of gene sequencing systems.

Pacific Biosciences of California, Inc. (NASDAQ:PACB) is set to report its quarterly results on August 3. Analysts anticipate the company to report revenue and loss per share of $35.70 million and 34 cents, respectively. In the last eight quarters, Pacific Biosciences of California, Inc. (NASDAQ:PACB) has outperformed revenue estimates in seven quarters and earnings estimates on three occasions. Pacific Biosciences of California, Inc. (NASDAQ:PACB) has a 20% revenue exposure in the Chinese market.

Of the 912 hedge funds in Insider Monkey’s database, 22 funds held a stake in Pacific Biosciences of California, Inc. (NASDAQ:PACB) as of Q1 2022.