Cathie Wood's ARK Is Loading Biotech Stocks

JC Parets
January 30, 2024

From the Desk of Steve Strazza and Alfonso Depablos

Cathie Wood’s ARK Investment Management is on our list today, as it just filed multiple 13G filings on the following stocks:

  • Teladoc Health, Inc $TDOC, increasing its ownership stake from 11.43% to 12.82%;
  • Intellia Therapeutics, Inc $NTLA, increasing its ownership stake from 10.52% to 12.74%;
  • Recursion Pharmaceuticals, Inc $RXRX, initiating a 9.92% stake;
  • Verve Therapeutics, Inc $VERV, increasing its ownership stake from 5.43% to 8.84%;
  • Ginkgo Bioworks Holdings, Inc $DNA, increasing its ownership stake from 8.92% to 12.26%; and
  • Twist Bioscience Corp $TWST, increasing its ownership stake from 11.60% to 12.51%.

Here’s The Hot Corner, with data through January 29, 2024:

RA Capital Management filed a 13D for Edgewise Therapeutics $EWTX increasing its ownership stake from 2.85% to 9.60%.

There was no unusual options activity to report.

Stay tuned. We'll be back on Wednesday with more insider activity.

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All Star Charts Team

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