Key Highlights
- ARK liquidated more than 213,000 Nvidia shares valued at approximately $37M
- Over 90,000 Meta Platforms shares were divested, totaling nearly $50M
- The firm decreased exposure to Bitcoin ETFs and crypto-related equity Bullish
- ARK accumulated 41,830 CoreWeave shares worth roughly $3.1M
- Circle Internet Group emerged as the top purchase, with 161K+ shares valued at $16–17M
Cathie Wood’s investment management firm ARK Invest engaged in substantial selling activity throughout last week. The organization divested from prominent technology giants, artificial intelligence-related equities, cryptocurrency stocks, and consumer-facing internet companies on a significant scale, while selectively establishing only a handful of fresh positions.
The most substantial divestment involved Nvidia. ARK disposed of a collective total exceeding 213,000 shares distributed across its three exchange-traded funds — ARKK, ARKW, and ARKF — representing more than $37 million in value. Advanced Micro Devices experienced a reduction of upwards of 57,000 shares, while Taiwan Semiconductor saw more than 18,000 shares eliminated. Broadcom similarly underwent a modest position decrease.
Teradyne represented another significant portfolio exit. ARK liquidated approximately 82,000 shares valued at roughly $24M throughout the week, maintaining an ongoing trend of downsizing this holding.
Regarding internet platform and social media investments, ARK disposed of more than 90,000 shares of Meta Platforms, representing a value approaching $50M. The investment firm additionally reduced positions in Alphabet, Netflix, Spotify, and Pinterest.
Cryptocurrency and High-Risk Holdings Face Reductions
ARK decreased its allocation to its proprietary ARK 21Shares Bitcoin ETF and maintained its selling pattern of Bullish, an equity with cryptocurrency exposure. Block experienced approximately 107,000 shares sold, representing more than $6M in value.
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 totaling more than 234,000 shares. Recursion Pharmaceuticals lost 631,000 shares from ARK’s investment holdings.
Healthcare sector selling encompassed Illumina, Veracyte, Ionis Pharmaceuticals, and Natera. Defense industry names Kratos and BWX Technologies also experienced position trims.
ARK’s Strategic Purchases
Acquisition activity remained concentrated but deliberate. Circle Internet Group represented the most notable acquisition. ARK accumulated more than 161,000 shares distributed among ARKF, ARKK, and ARKW, valued between $16 million and $17 million.
Tempus AI constituted another significant purchase, with approximately 146,000 shares acquired across ARKK and ARKG, valued at roughly $7M. 10x Genomics witnessed more than 121,000 shares purchased, worth approximately $2.5M. Arcturus Therapeutics added more than 53,000 shares to ARK portfolios.
Latest Daily Trading Activity
On Monday, March 30, ARK acquired 41,830 CoreWeave shares through its ARKK ETF, representing approximately $3.1M in value.
During the same trading session, ARK purchased 37,422 shares of Oklo alongside 20,674 shares of GeneDx Holdings. DoorDash experienced a modest addition of 2,527 shares.
Regarding divestments that day, ARK eliminated 29,130 Teradyne shares for approximately $8.6M, and sold 42,818 Veracyte shares for roughly $1.3M.
The exclusive additions to ARK’s acquisition roster throughout the entire week consisted of Circle Internet, Tempus AI, 10x Genomics, Arcturus Therapeutics, CoreWeave, Oklo, and GeneDx.
