Quick Summary
- On February 23, 2026, ARK Invest liquidated approximately $35.7M worth of Teradyne stock
- Figma received $12.46M in new investment following a 5.1% share price decline
- Approximately $6-7M each was allocated to AMD and Broadcom positions
- Alphabet gained roughly $6M in new capital; DraftKings saw continued position reduction
- Additional trimming occurred in Taiwan Semiconductor and Iridium Communications holdings
Cathie Wood’s investment firm, ARK Invest, disclosed its daily ETF trading activity for Monday, February 23, 2026, revealing significant portfolio rebalancing across its various funds.
The most notable transaction involved divesting 109,992 shares of Teradyne, generating $35.7 million in proceeds. This continues ARK’s ongoing reduction of its stake in the semiconductor testing equipment manufacturer across several trading sessions. On Monday, Teradyne’s stock price declined almost 2% as momentum from its post-earnings surge dissipated.
A substantial portion of the capital raised from the Teradyne sale was redirected toward Figma, the collaborative cloud-based design platform. ARK’s flagship ARKK and ARKW funds collectively acquired 477,445 Figma shares worth $12.46 million, capitalizing on a 5.1% intraday price decline.
Figma’s recent quarterly earnings release exceeded Wall Street’s projections for both top-line revenue and bottom-line profitability. During the earnings call, CEO Dylan Field responded to investor concerns about artificial intelligence potentially disrupting conventional software markets, emphasizing that Figma’s proprietary AI capabilities position the firm advantageously for future expansion.
Semiconductor Leaders AMD and Broadcom Attract ARK Investment
ARK acquired 34,573 shares of Advanced Micro Devices valued at $6.92 million. AMD’s stock experienced a roughly 1.8% decline that trading session amid reports suggesting manufacturing setbacks affecting its Instinct MI455X AI accelerator chip lineup. Additional downward pressure came from announcements of a strengthened AI collaboration between Nvidia and Meta.
The firm’s autonomous technology and robotics-focused fund, ARKQ, purchased 18,534 Broadcom shares totaling $6.17 million. Wood has been systematically increasing ARK’s Broadcom exposure in anticipation of the semiconductor giant’s forthcoming quarterly results, particularly focusing on its expanding custom AI chip segment.
ARK additionally secured 19,105 shares of Alphabet’s Class C stock, representing approximately $6 million in capital deployment. The Google parent company’s shares fell roughly 1% during Monday’s broader market decline.
Continued Divestment From DraftKings and Select Holdings
Regarding sell-side activity, ARK liquidated 248,197 shares of DraftKings for $5.54 million, extending a sustained withdrawal from the digital sports wagering company that has unfolded over multiple recent trading days.
The investment firm also divested 179,330 Iridium Communications shares worth $4.11 million and reduced its Taiwan Semiconductor position by 12,629 shares for $4.68 million.
Additional smaller acquisitions encompassed 66,695 Aurora Innovation shares valued at $3.18 million, 33,078 DoorDash shares for $5.83 million, and 61,525 Klarna shares totaling $804,747.
ARK disposed of a modest Intercontinental Exchange stake generating $397,345 and decreased its Deere & Co holdings by 3,660 shares for $2.42 million.
Monday’s trading activity demonstrates ARK’s strategic reallocation of capital from Teradyne and DraftKings positions toward artificial intelligence-adjacent technology equities such as Figma, AMD, Broadcom, and Alphabet.
