Investing

Cathie Wood's ARK Invest Buys for 6/28

Although the ARK ETF family of funds surged higher on Monday as the S&P 500 and Nasdaq hit fresh all-time highs. ARKK performed the best out of the group, up about 3.8%, while ARKQ lagged the rest of the group, up about 0.9%. The gains from last year are slowly sliding away, but Cathie Wood may have something up her sleeve as she is constantly reshuffling her ETFs to stand up to market headwinds.

ARK Invest has been the talk of Wall Street over the past couple of years, outperforming the market and solidifying its place among the big players in the investments world. Wood is the founder and head of this investment house, and many have compared her rising star to the likes of Warren Buffett.

Many traders are looking to mirror the plays of famous investors and huge brokerage firms to capitalize on the gains that the big dogs are making. Lucky for us, ARK Invest releases a list of its trades at the end of each trading day.

While some companies would require a subscription service or monetary fee to see what makes ARK Invest tick, here at 24/7 Wall St. we would rather give you the data for free. Here is a quick look at some of the major Buys that ARK Invest executed on June 28, 2021. Also check out all the ARK Invest sells that took place today.

The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $4.2 billion. Here are some trades we would highlight in this fund: Buy 82,414 shares of Coinbase.

ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. Some of the biggest holdings include the likes of Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $9.6 billion. Here are some notable trades in this fund: Buy 469,535 shares of Quantum-Si & Buy 325,571 shares of Ionis Pharma.

ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but the focus is primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $23.1 billion. Here are some notable trades in this fund: Buy 69,123 shares of Trimble & Buy 274,857 shares of UiPath.

ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) is focused on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. More big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $3.3 billion. Here are a few of trades of note in this fund: Buy 94,935 shares of Kanzhu & Buy 62,520 shares of Kratos Defense.

ARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. There are some similar names in this fund as the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $6.6 billion. Here are a couple of notable trades in this fund: Buy 72,718 shares of Vuzix.

Ark Space Exploration & Innovation ETF (NYSEARCA: ARKX) is primarily focused on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $63.3 million. Trades worth noting in this fund: Buy 3,007 shares of Netflix.

Check out all the Buys here:

Fund Direction Ticker Company Shares
ARKF Buy COIN COINBASE GLOBAL INC 82,414
ARKG Buy QSI QUANTUM-SI INC 469,535
ARKG Buy IONS IONIS PHARMACEUTICALS INC 325,571
ARKK Buy TRMB TRIMBLE INC 69,123
ARKK Buy PATH UIPATH INC 274,857
ARKQ Buy BZ KANZHUN LTD 94,935
ARKQ Buy KTOS KRATOS DEFENSE & SECURITY SOLUTIONS INC 62,520
ARKW Buy VUZI VUZIX CORP 72,718
ARKX Buy NFLX NETFLIX INC 3,007

Catherine Wood, the CEO and CIO of ARK Investment Management LLC, is a minority and nonvoting shareholder of 24/7 Wall St., owner of 247wallst.com.