ONVO - Cathie Wood's ARK Investment reveals 20% stake in Organovo
ARK Investment Management, run by the notable fund manager, Catherine Wood has disclosed a ~20.0% stake in Organovo Holdings ([[ONVO]] -3.0%).Per the latest 13F filings, ARK Investment Management holds ~1.42M of shares up from ~1.40 previously, with the ownership percentage rising to ~20.0% from ~19.7%. ARK Genomic Revolution (ARKG) leads the company holdings with ~370.0K shares.Giving Organovo a neutral rating, Seeking Alpha contributor Mercury Research describes the company as a ‘high risk, potentially high return, small cap speculative stock with interesting business potential and interesting institutional holders.’
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Cathie Wood’s ARK Investment reveals 20% stake in Organovo