Key Highlights
- Meta Platforms saw ARK dump 76,622 shares worth ~$45.6M following a damaging jury verdict in youth addiction litigation
- Nvidia experienced a 155,441-share reduction worth ~$27.8M as developer backlash and valuation worries intensified
- Semiconductor positions trimmed across AMD, Taiwan Semiconductor, and Broadcom due to supply chain constraints and pricing pressures
- Additional exits included Roku, Block, Deere, Archer Aviation, and Recursion Pharmaceuticals
- ARK’s sole acquisition: 60,973 Tempus AI shares for ~$2.85M, extending its accumulation strategy in the health tech firm
Cathie Wood’s investment firm ARK Invest executed substantial portfolio adjustments on Thursday, March 26, 2026, divesting approximately $84 million worth of holdings across prominent technology and semiconductor names. The transactions were revealed through ARK’s mandatory daily trade disclosure documents.
The most significant divestment involved Meta Platforms. ARK liquidated 76,622 shares distributed among three exchange-traded funds — ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Blockchain & Fintech Innovation ETF — generating proceeds between $42 million and $45.6 million.
Meta’s shares plummeted approximately 8% on March 26 after a Los Angeles jury delivered a verdict holding both Meta and Google accountable for contributing to social media addiction among young users. The ruling determined these corporations neglected child protection measures despite internal knowledge of associated dangers.
The month-long trial could result in damages surpassing $1.4 billion. Additionally, Meta received a separate $375 million penalty in a New Mexico child exploitation case for breaching the state’s child safety regulations.
Nvidia represented another major exit point for ARK, with the fund selling between 154,441 and 155,441 shares, generating approximately $26.4 million to $27.8 million. Despite robust earnings reports, a successful GTC 2026 conference, and forecasts predicting AI revenue reaching $1 trillion by 2027, Nvidia’s stock has struggled throughout 2026.
Adding to the company’s challenges, two independent game developers launched a public boycott campaign against Nvidia targeting its DLSS 5 AI upscaling technology. New Blood CEO Dave Oshry and developer David Szymanski criticized the feature as an “AI slop filter” that compromises artistic integrity in gaming.
Semiconductor Sector Faces Widespread Reduction
ARK’s portfolio adjustments extended across multiple chip manufacturers during the same trading session. The investment firm offloaded 38,245 Advanced Micro Devices shares valued at approximately $7.8 million. AMD stock declined 7.5% that day.
Taiwan Semiconductor Manufacturing also faced selling pressure, with ARK disposing of 15,696 shares worth roughly $5.1 million. The company’s manufacturing facilities remain at maximum capacity through 2026, highlighting persistent supply limitations at the planet’s premier chip fabricator.
Broadcom positions were similarly reduced, with ARK selling 8,648 shares for about $2.7 million. Industry insiders from both Nvidia and Broadcom have warned that shortages extend beyond semiconductor wafers to include critical components such as lasers and circuit boards.
The selling spree encompassed additional positions in Roku, Block, Deere, Archer Aviation, and Recursion Pharmaceuticals.
Tempus AI Emerges as ARK’s Sole Purchase
Contrasting with its broad-based selling activity, ARK executed a single acquisition. The fund purchased 60,973 Tempus AI shares valued at approximately $2.85 million.
This transaction represents a continuation of ARK’s established strategy. The investment firm has been methodically increasing its stake in the healthcare technology enterprise across multiple trading sessions.
Tempus AI shares declined 2.63% during the same session when ARK expanded its holdings. The firm’s total capital outflow significantly exceeded its singular purchase, signaling a deliberate strategy to reduce exposure to large-capitalization technology positions.
