Cathie Wood acquired 1.88M Toast shares worth $77.2M. That's 0.57% of their equity portfolio (38th largest holding). The first Toast trade was made in Q3 2021. Since then Cathie Wood bought shares seven more times and sold shares on eight occasions. The stake costed the investor $52.6M, netting the investor a gain of 47% so far.
The stock is down 50% from this year''s highs, and Ark Invest has been buying a lot of shares.