Cathie Wood’s Top 5 Stock Picks

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In this article, we discuss Cathie Wood’s top 5 stock picks. For Wood’s comments on the monetary policy, crypto space, EVs, and her investment philosophy, read Cathie Wood’s Top 10 Stock Picks.

At Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, lithium mining is one of the fastest growing industries right now, so we are checking out stock pitches like this emerging lithium stock. We go through lists like the 10 best hydrogen fuel cell stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. Keeping this in mind, here are Cathie Wood’s top 5 stock picks:

Cathie Wood ARK Investment Management

Cathie Wood of ARK Investment Management

5. Square, Inc. (NYSE: SQ)

Value: $1,541,416,000
Change in Position Size: 21%
Percent of  Cathie Wood’s 13F Portfolio: 4.1%

Founded in 2009 by Twitter CEO Jack Dorsey, mobile payments company Square has grown to become a $99 billion market cap company. The stock has gained about 200% over the last 12 months. But Cathie Wood is bullish that Square will keep getting bigger.

Last month, she tweeted:

“#Square business model illustrates that vertical integration can create moats, or barriers to entry, and deliver superior financial results.”

Square recently said it will buy a majority stake in rapper Jay Z’s music streaming service Tidal by paying $297 million in cash and stock.

According to our database, the number of Square’s long hedge funds positions increased at the end of the fourth quarter of 2020. 89 funds hold a Square Inc. position compared to 73 funds in the third quarter. The company’s most significant stakeholder is ARK, with 7.08 million shares worth $1.5 billion.

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