Chamath Palihapitiya Stocks: 5 Stocks Picked in the Last 10 Years

In this article, we discuss Chamath Palihapitiya and the 5 stocks he pumped in the last 10 years. If you want to read about some more Chamath Palihapitiya stocks, go directly to Chamath Palihapitiya Stocks: 10 Stocks Picked in the Last 10 Years.

5. Latch, Inc. (NASDAQ:LTCH)

Number of Hedge Fund Holders: 17  

Latch, Inc. (NASDAQ:LTCH) operates as an enterprise technology company in the United States and Canada. In January 2021, Chamath Palihapitiya announced that his SPAC would be merging with Latch and taking the latter public. The firm went public in June, raising $453 million in cash out of a $1.56 billion valuation at the public offering. The stock has been on a downward trajectory since the IPO and as of December 26, has a market capitalization of $96 million. 

At the end of the third quarter of 2022, 17 hedge funds in the database of Insider Monkey held stakes worth $2.8 million in Latch, Inc. (NASDAQ:LTCH), compared to 16 in the preceding quarter worth $6.2 million.