Top 5 Stock Picks of Efrem Kamen’s Pura Vida Investments

In this article, we shall discuss the top 5 stock picks of Efrem Kamen’s Pura Vida Investments. To know more about Kamen’s history, his investment strategy, and hedge fund performance, go directly to Top 10 Stock Picks of Efrem Kamen’s Pura Vida Investments.

5. NanoString Technologies Inc. (NASDAQ:NSTG)

Pura Vida Investments’ Stake Value: $42.4M

Percentage of Pura Vida Investments’ 13F Portfolio: 1.44%

Number of Hedge Fund Holdings: 23

Based in Seattle, Washington, NanoString Technologies Inc. (NASDAQ:NSTG) is a publicly held biotechnology company that specializes in the development of translational research equipment. Founded in 2003, NanoString’s (NASDAQ:NSTG) nCounter technology is a variant on the DNA microarray. As of the first quarter of 2022, Kamen’s Pura Vida Investments owns more than 1.2 million shares which are worth around $42.4 million, with NanoString Technologies Inc. (NASDAQ:NSTG) making up for 1.44% of Kamen’s 13F investment portfolio. This is a result of Kamen strengthening his hold over the stock by 4%.

In Q1 2022, 23 hedge funds were long NanoString Technologies Inc. (NASDAQ:NSTG), having a cumulative stake of almost $371.9 million. Investor interest seems to have slightly risen compared to the previous quarter, where only 22 hedge funds were long the stock. As of the first quarter of 2022, Ken Griffin’s Citadel Investment Group is the largest stakeholder, owning more than a billion shares worth $110.8 million.