Cathie Wood has been building stakes in two little-known stocks

Cathie Wood – the billionaire investor who recently called her flagship fund “the new Nasdaq” has been loading up on shares of the following two small-cap stocks in recent days.

Velo3D Inc (NYSE: VLD)

The first one that’s caught her eye is this Velo3D – a California-based provider of metal 3D printing solutions.

Wood has bought millions of shares of this company over the past eight trading days. She’s spent $36.82 million in total to build up a 6.2% stake in Velo3D that’s now the 53^rd largest holding of Ark Invest.

Earlier this week, Velo3D said its revenue in the fourth financial quarter is expected to surpass its previous guidance and fall between $29 million and $30 million. That’s well above the $25.45 million that analysts are calling for.

Repare Therapeutics Inc (NASDAQ: RPTX)

Cathie Wood has always been big on healthcare stocks that are committed to treating fatal diseases like Cancer.

To that end, she’s built a 6.04% stake in Repare Therapeutics Inc – a Canadian clinical-stage precision oncology company over the past seven trading days. Wood has invested a total of $32.5 million in RPTX.

Repare Therapeutics is expected to report its Q4 earnings early next month. Consensus is for it to lose 73 cents a share, only slightly worse than the same quarter last year. The stock is currently down 7.0% for the year.

Now that Wood’s flagship Ark Innovation ETF (ARKK) returned 28% in January to log its best monthly performance ever.