Key Highlights
- ARK Invest purchased 83,764 shares of CoreWeave totaling approximately $6.9M, the Nvidia-supported AI cloud infrastructure provider
- ARK established its inaugural direct stake in OpenAI, purchasing nearly 349,000 shares distributed among three separate funds
- ARK increased positions in Kodiak AI, Oklo nuclear technology, DoorDash, and genomics companies Arcturus and GeneDx
- ARK divested 745K shares of Strata Critical Medical and reduced holdings in Teradyne, Pinterest, and Veracyte
- ARKK has declined approximately 12% in 2025, experiencing $1.2 billion in net withdrawals during the previous 12 months
Cathie Wood’s ARK Invest executed a decisive shift toward artificial intelligence, genomics, and renewable energy sectors during the past week, acquiring substantial new positions while pruning multiple existing investments.
The most significant acquisition involved CoreWeave, the Nvidia-supported cloud infrastructure firm specializing in GPU-accelerated data centers designed for AI computational demands. ARK accumulated 83,764 shares over three consecutive trading sessions—March 30, March 31, and April 1—representing an investment of approximately $6.9 million calculated at the $82 closing price.
CoreWeave, Inc. Class A Common Stock, CRWV
CoreWeave serves major technology giants including Google and Microsoft as key clients. The company disclosed fourth-quarter revenue reaching $1.57 billion in February, representing a 110% increase compared to the prior year. However, its first-quarter revenue projection of $1.9 to $2 billion fell short of the $2.29 billion consensus forecast from Wall Street analysts.
Bank of America elevated CoreWeave to a buy recommendation in March, establishing a $100 target price. The firm’s analysts highlighted the company’s strategic positioning within what they characterized as a $79 billion artificial intelligence infrastructure marketplace.
ARK also established its maiden direct investment in OpenAI, the organization responsible for developing ChatGPT. Three separate ARK funds—ARKF, ARKK, and ARKW—collectively acquired 348,995 shares or units via a Series C allocation. ARK characterized this transaction as its first-ever direct capitalization table position in OpenAI.
ARK Expands Into Autonomous Transportation and Nuclear Power
ARK’s ARKQ fund acquired 230,000 shares of Kodiak AI, an enterprise specializing in autonomous trucking solutions and AI-driven logistics platforms. Additionally, ARK purchased approximately 56,000 shares of Oklo, an innovative nuclear energy company advancing next-generation fission technology.
DoorDash represented another strategic addition, with ARK expanding its consumer technology platform exposure through the meal delivery service provider.
Within the genomics sector, ARK’s ARKG fund purchased over 16,000 shares of Arcturus Therapeutics, a biotechnology firm developing RNA-based therapeutic solutions. ARK simultaneously added 39,000 shares of GeneDx, a genetic testing and precision medicine enterprise, distributed between ARKG and ARKK portfolios.
Portfolio Reductions: Strata, Teradyne, and Pinterest Decreased
Regarding divestments, ARK’s most substantial exit measured by share volume involved Strata Critical Medical. ARK liquidated 745,000 shares valued at approximately $3 million.
ARK additionally decreased its stake in Veracyte, a medical diagnostics firm, and reduced exposure to semiconductor testing company Teradyne. Pinterest, Discovery, and Japanese digital platform LY Corp also experienced position reductions.
Wood has publicly forecasted a “great acceleration” in worldwide economic expansion fueled by artificial intelligence advancements. She projects AI training expenses are declining 75% annually while inference costs are plummeting between 85% to 98% each year.
ARKK has depreciated roughly 12% year to date, contrasted with a 3.8% decrease in the S&P 500 index. The flagship fund has recorded $1.2 billion in net capital outflows throughout the preceding 12-month period.
CoreWeave concluded trading at $82.24 on April 2 and has appreciated 15% since the beginning of the year.
