Key Takeaways
- ARK Invest liquidated approximately $35M worth of Teradyne holdings on Feb 23, 2026
- Figma received $11.82M in fresh capital following a 5.1% stock decline
- Semiconductor plays AMD and Broadcom each secured $6-7M in new allocations
- Alphabet garnered roughly $6M in purchases; DraftKings position reduced again
- Additional sales included Taiwan Semiconductor and Iridium Communications stakes
On Monday, February 23, 2026, Cathie Wood’s ARK Invest executed multiple strategic portfolio adjustments, as revealed in the firm’s routine ETF trade disclosures.
The most substantial transaction involved divesting 109,992 shares of test-equipment manufacturer Teradyne, generating approximately $35.7 million in proceeds. This marks a continuation of ARK’s gradual exit from its Teradyne holdings across multiple sessions.
Following a post-earnings surge on February 2, Teradyne shares have experienced downward momentum. Monday’s session saw the stock decline nearly 2%.
ARK redirected a portion of the capital toward Figma, the collaborative design software platform. The investment firm acquired 477,445 shares distributed across ARKK and ARKW ETFs, totaling approximately $12.46 million.
The purchase followed a 5.1% decline in Figma’s share price, which ARK seemingly viewed as an attractive entry point. The company had recently exceeded Wall Street projections for both top-line and bottom-line metrics.
CEO Dylan Field of Figma also addressed skepticism regarding artificial intelligence’s potential impact on conventional software enterprises, highlighting the company’s proprietary AI capabilities as a catalyst for future expansion.
Semiconductor Sector Gains Favor with AMD and Broadcom Acquisitions
ARK accumulated 34,573 shares of Advanced Micro Devices, representing roughly $6.92 million in value. AMD experienced a 1.8% decline amid reports suggesting production setbacks for its Instinct MI455X AI accelerator chip lineup.
These delay reports coincided with announcements of a strengthened AI collaboration between Nvidia and Meta, creating additional headwinds for AMD’s market performance.
Through its robotics-oriented ARKQ ETF, ARK secured 18,534 shares of Broadcom worth $6.17 million. Wood has been systematically expanding her Broadcom exposure in anticipation of the company’s upcoming quarterly results, particularly its custom AI chip segment.
ARK also acquired 19,105 shares of Alphabet’s Class C stock, valued at approximately $6 million. The tech giant’s shares declined roughly 1% Monday amid broader market weakness.
DraftKings Position Faces Continued Reduction
Among divestments, ARK eliminated 248,197 shares of DraftKings, generating $5.54 million. This represents an ongoing trend of diminishing exposure to the digital sports wagering company.
Additional sales included 179,330 shares of Iridium Communications for $4.11 million and 12,629 shares of Taiwan Semiconductor valued at $4.68 million.
Smaller acquisitions encompassed 66,695 shares of Aurora Innovation totaling $3.18 million and 33,078 shares of DoorDash worth $5.83 million.
ARK further added 61,525 shares of Klarna for $804,747 while liquidating a modest position in Intercontinental Exchange for $397,345.
Collectively, Monday’s trading activity demonstrated a distinct strategy: exiting Teradyne and DraftKings positions while strengthening stakes in artificial intelligence-focused technology companies such as Figma, Broadcom, AMD, and Alphabet.
