Cathie Wood's Ark Invest weekly moves: Adds to ACHR and CRSP, trims positions in ROKU and SOFI

[Wooden Blocks with ETF Letters Surrounded by Coins and Financial Icons Representing Investment Growth and Financial Strategies in a Modern Finance Context]
Suphachai Panyacharoen

Cathie Wood’s ARK Invest reshuffled its portfolio this week, pouring capital into biotech, genomics, and advanced aviation, while trimming exposure to fintech and consumer tech.

TOP STOCKS BOUGHT LAST WEEK

ARK Invest continues to build a position in Archer Aviation (ACHR [https://seekingalpha.com/symbol/ACHR]), adding another 3.01M shares last week across its ARKK, ARKQ and ARKX ETFs, amounting to a total dollar value of $28.83M.

ARK Investment Management ramped up exposure in gene editing, sequencing, and molecular diagnostics by acquiring Intellia Therapeutics (NTLA [https://seekingalpha.com/symbol/NTLA]) with 1,046,699 shares for $12.90M, Beam Therapeutics (BEAM [https://seekingalpha.com/symbol/BEAM]) with 935,226 shares, and CRISPR Therapeutics (CRSP [https://seekingalpha.com/symbol/CRSP]) with 370,542 shares.

ARK also increased its position in The Trade Desk (TTD [https://seekingalpha.com/symbol/TTD]) on 7th November, a day after the advertising firm's shares dipped following its Q3 earnings. The fund added 316,072 shares valued at around $14.51 million.

ARK purchased 521,867 shares of Pinterest (PINS [https://seekingalpha.com/symbol/PINS]), with a total value of $17.17M. This purchase was spread across multiple ARK funds.

Other noteworthy transactions include the purchase of Bullish (BLSH [https://seekingalpha.com/symbol/BLSH]), DoorDarsh (DASH [https://seekingalpha.com/symbol/DASH]), Tempus AI (TEM [https://seekingalpha.com/symbol/TEM]) and Bitmine Immersion Technologies (BMNR [https://seekingalpha.com/symbol/BMNR]).

TOP STOCKS SOLD LAST WEEK

On the sell side, ARK offloaded 388,531 shares of Roku (ROKU [https://seekingalpha.com/symbol/ROKU]) across three of its ETFs—ARKK, ARKW, and ARKF—amounting to a total dollar value of $41.08M. ARK Invest held ROKU 6.16M shares at market value of approx. $653.94M at the start of the week. This marks a continuation of ARK’s recent trend of reducing its holdings in the streaming platform, following substantial sales in the past week.

Ark Invest trimmed its position in SoFi Technologies (SOFI [https://seekingalpha.com/symbol/SOFI]) by 81,293 shares and more than 321,000 shares were sold across multiple sessions since the beginning of October.

Wood also sold 41,600 shares of Palantir Technologies (PLTR [https://seekingalpha.com/symbol/PLTR]) for total value of approx. $8.35M. Ark Invest sold a total of 35,603 shares of Rocket Lab (RKLB [https://seekingalpha.com/symbol/RKLB]) across ARKQ and ARKX ETFs, totaling $2.01M.

Other notable transactions include sale of Tesla (TSLA [https://seekingalpha.com/symbol/TSLA]), Reddit (RDDT [https://seekingalpha.com/symbol/RDDT]), Incyte (INCY [https://seekingalpha.com/symbol/INCY]), AeroVironment (AVAV [https://seekingalpha.com/symbol/AVAV]), and Teradyne (TER [https://seekingalpha.com/symbol/TER]).

MORE ON CATHIE WOOD TRANSACTIONS

* Palantir: 4 Potential Outcomes To Its Overpriced AI Story [https://seekingalpha.com/article/4841031-palantir-four-potential-outcomes-to-its-overpriced-ai-story]
* Tesla Shareholders Should Be Energized As Elon Has The Green Light [https://seekingalpha.com/article/4841017-tesla-shareholders-should-be-energized-as-elon-has-the-green-light]
* Cathie Wood’s ARK Invest loads up on Archer Aviation amid stock slide [https://seekingalpha.com/news/4518401-cathie-wood-s-ark-invest-loads-up-on-archer-aviation-amid-stock-slide]
* Cathie Wood trims Bitcoin bull case as stablecoins take over some of its role [https://seekingalpha.com/news/4518260-cathie-wood-trims-bitcoin-bull-case-as-stablecoins-take-over-some-of-its-role]
* Cathie Wood pounces on Pinterest plunge, snapping up over 500K shares [https://seekingalpha.com/news/4517313-cathie-wood-pounces-on-pinterest-plunge-snapping-up-over-500k-shares]
* Cathie Wood's Ark Invest weekly moves: Adds to NTLA and XYZ, trims positions in SOFI and SHOP [https://seekingalpha.com/news/4512751-cathie-woods-ark-invest-weekly-recap-lifts-stake-in-ntla-xyz-trims-sofi-shop]