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Key Highlights
- More than 213,000 Nvidia shares offloaded by ARK, representing over $37 million in value
- ARK trimmed Meta Platforms holdings by 90,000+ shares, totaling approximately $50 million
- Bitcoin ETF position reduced alongside crypto-related equity Bullish
- CoreWeave accumulated with 41,830 shares added, valued at roughly $3.1 million
- Circle Internet Group emerged as top purchase with 161,000+ shares worth $16–17 million
Cathie Wood’s investment firm ARK Invest conducted a significant portfolio rebalancing throughout the previous week, characterized primarily by substantial selling activity. The fund manager systematically exited positions in major technology stocks, artificial intelligence-related companies, cryptocurrency equities, and consumer-facing internet businesses, while selectively initiating only a handful of new investments.
The most substantial divestment involved Nvidia. The investment firm liquidated more than 213,000 combined shares across its ARKK, ARKW, and ARKF exchange-traded funds, representing a transaction value exceeding $37 million. Advanced Micro Devices experienced similar treatment with approximately 57,000 shares sold. Taiwan Semiconductor faced a reduction of over 18,000 shares, and Broadcom witnessed modest trimming as well.
Teradyne represented another significant exit from ARK’s portfolio. The firm disposed of nearly 82,000 shares valued at approximately $24 million throughout the week, extending an ongoing trend of position reduction.
Regarding internet platforms and social media holdings, ARK divested over 90,000 shares of Meta Platforms, with a market value approaching $50 million. Additional reductions affected Alphabet, Netflix, Spotify, and Pinterest.
Cryptocurrency and High-Risk Positions Reduced
The investment firm decreased its holdings in its proprietary ARK 21Shares Bitcoin ETF while persistently selling Bullish, an equity with cryptocurrency exposure. Block experienced approximately 107,000 shares sold, translating to more than $6 million.
Speculative innovation-focused companies experienced substantial reductions as well. Archer Aviation saw 899,000 shares eliminated from ARK portfolios. Roku underwent a multi-session selling program that totaled over 234,000 shares. Recursion Pharmaceuticals lost 631,000 shares from the firm’s holdings.
Healthcare sector selling encompassed Illumina, Veracyte, Ionis Pharmaceuticals, and Natera. Defense sector companies Kratos and BWX Technologies also faced position reductions.
ARK’s Strategic Acquisitions
Purchasing activity remained constrained but deliberately targeted. Circle Internet Group dominated the acquisition side. ARK accumulated over 161,000 shares distributed among ARKF, ARKK, and ARKW funds, with a combined value between $16 million and $17 million.
Tempus AI represented another significant acquisition, with approximately 146,000 shares added across ARKK and ARKG portfolios, valued near $7 million. 10x Genomics witnessed over 121,000 shares purchased, worth close to $2.5 million. Arcturus Therapeutics received an addition exceeding 53,000 shares.
Latest Single-Session Transactions
During Monday trading on March 30, ARK acquired 41,830 shares of CoreWeave through its ARKK fund, representing approximately $3.1 million in value.
That same session, the firm purchased 37,422 shares of Oklo alongside 20,674 shares of GeneDx Holdings. DoorDash received a modest addition of 2,527 shares.
Concerning selling activity for that particular day, ARK disposed of 29,130 Teradyne shares for roughly $8.6 million, and eliminated 42,818 Veracyte shares valued at about $1.3 million.
The complete list of companies added to ARK’s portfolios during the entire week consisted exclusively of Circle Internet, Tempus AI, 10x Genomics, Arcturus Therapeutics, CoreWeave, Oklo, and GeneDx.
