Cathie Wood acquired 44.1 Million UiPath shares worth $673 Million. That's 4.65% of their equity portfolio (6th largest holding). The investor owns 8.49% of the outstanding UiPath stock. Cathie Wood started to build up the position in UiPath in Q2 2021 and continued to invest until Q3 2022. Since then they sold 2.03 Million shares. The investor's estimated purchase price is $2.1 Billion, resulting in a loss of 68%.
ARK Invest''s flagship fund has dropped 77% since its peak, outpacing the decline of the dot-com bubble burst. Ark''s recovery is going to be more challenged...
One of the most prominent growth investors of our time is Cathie Wood. Founder of the ARK Invest group of exchange-traded funds (ETFs), Wood has targeted hig...
Cathie Wood has made a name for herself as one of the top stock pickers over the past decade. However, her ARK family of ETFs will have spooked investors who...
ARK Invest CEO Cathie Wood bought 3.47M shares of UiPath (PATH), the global robotic process automation software firm across all six of her actively managed e...