Key Highlights
- Nvidia shares totaling more than 213,000 units were divested for approximately $37M
- ARK trimmed over 90,000 Meta Platforms shares valued near $50M
- The firm decreased Bitcoin ETF exposure and exited crypto equity Bullish
- CoreWeave acquisition included 41,830 shares representing roughly $3.1M
- Circle Internet Group emerged as the top purchase with 161,000+ shares valued at $16–17M
Cathie Wood’s investment firm executed an extensive divestment strategy throughout the previous week. ARK Invest withdrew from prominent technology companies, artificial intelligence-related holdings, cryptocurrency equities, and consumer-facing internet businesses while selectively establishing a handful of fresh positions.
Nvidia represented the most substantial exit. The firm liquidated a combined total exceeding 213,000 shares distributed among its ARKK, ARKW, and ARKF exchange-traded funds, representing more than $37M in value. Advanced Micro Devices experienced a reduction of over 57,000 shares, while Taiwan Semiconductor faced trimming of more than 18,000 shares. Broadcom underwent a smaller decrease as well.
Teradyne represented another significant divestment. The firm disposed of approximately 82,000 shares valued around $24M throughout the period, extending an ongoing reduction strategy for that holding.
Among social media and digital platform investments, ARK divested more than 90,000 shares of Meta Platforms, representing approximately $50M in value. The portfolio manager additionally reduced stakes in Alphabet, Netflix, Spotify, and Pinterest.
Digital Currency and High-Risk Holdings Face Reductions
ARK decreased its allocation to its proprietary ARK 21Shares Bitcoin ETF and maintained its divestment pattern with Bullish, a cryptocurrency-focused equity. Block experienced approximately 107,000 shares sold, exceeding $6M in value.
Speculative innovation companies underwent substantial reductions as well. Archer Aviation saw 899,000 shares eliminated from ARK portfolios. Roku faced a multi-session selling program exceeding 234,000 shares. Recursion Pharmaceuticals experienced a 631,000-share reduction.
Healthcare sector divestments encompassed Illumina, Veracyte, Ionis Pharmaceuticals, and Natera. Defense contractors Kratos and BWX Technologies also faced position reductions.
ARK’s Acquisition Activity
Purchase operations remained concentrated on select opportunities. Circle Internet Group represented the premier acquisition target. ARK accumulated over 161,000 shares distributed among ARKF, ARKK, and ARKW, valued between $16M and $17M.
Tempus AI emerged as another significant purchase, with approximately 146,000 shares acquired through ARKK and ARKG, representing around $7M. 10x Genomics experienced the addition of over 121,000 shares, valued near $2.5M. Arcturus Therapeutics gained more than 53,000 shares.
Latest Trading Day Transactions
During Monday, March 30, ARK acquired 41,830 shares of CoreWeave via its ARKK ETF, representing approximately $3.1M in value.
That same session, ARK purchased 37,422 shares of Oklo alongside 20,674 shares of GeneDx Holdings. DoorDash received a modest addition of 2,527 shares.
Regarding divestments on that particular day, ARK eliminated 29,130 shares of Teradyne valued around $8.6M, while selling 42,818 shares of Veracyte worth approximately $1.3M.
The complete roster of companies added to ARK’s acquisition agenda during the entire week consisted of Circle Internet, Tempus AI, 10x Genomics, Arcturus Therapeutics, CoreWeave, Oklo, and GeneDx exclusively.
