ARK funds took the plunge again on Thursday as the broad markets pulled back as well. ARKF performed the best out of the group, down 0.7% on the day, while ARKK & ARKW lagged the rest of the group, down about 1.5%. 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 July 15, 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: NO BUYS
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 60,256 shares of Verve Therapeutics, Buy 152,712 shares of Fate Therapeutics, Buy 36,732 shares of Signify Health, & Buy 347,305 shares of Quantum-Si.
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 69,172 shares of Coinbase, Buy 224,559 shares of Exact Sciences, & Buy 354,919 shares of Unity Software.
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 91,585 shares of Kratos, Buy 3,523 shares of Markforged, & Buy 47,349 shares of UiPath.
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 468,289 shares of Concord Acquisition, Buy 793,065 shares of Khosla Ventures, & Buy 95,058 shares of UiPath.
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 9,612 shares of UiPath.
Check out all the Buys here:
| Fund | Direction | Ticker | Company | Shares |
|---|---|---|---|---|
| ARKG | Buy | RPTX | REPARE THERAPEUTICS INC | 39,887 |
| ARKG | Buy | VERV | VERVE THERAPEUTICS INC | 60,256 |
| ARKG | Buy | FATE | FATE THERAPEUTICS INC | 152,712 |
| ARKG | Buy | SGFY | SIGNIFY HEALTH INC | 36,732 |
| ARKG | Buy | QSI | QUANTUM-SI INC | 347,305 |
| ARKK | Buy | COIN | COINBASE GLOBAL INC | 69,172 |
| ARKK | Buy | EXAS | EXACT SCIENCES CORP | 224,559 |
| ARKK | Buy | U | UNITY SOFTWARE INC | 354,919 |
| ARKQ | Buy | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS INC | 91,585 |
| ARKQ | Buy | MKFG | MARKFORGED HOLDING CORP | 3,523 |
| ARKQ | Buy | PATH | UIPATH INC | 47,349 |
| ARKW | Buy | CND | CONCORD ACQUISITION CORP | 468,289 |
| ARKW | Buy | KVSB | KHOSLA VENTURES ACQUISITION CO II | 793,065 |
| ARKW | Buy | PATH | UIPATH INC | 95,058 |
| ARKX | Buy | PATH | UIPATH INC | 9,612 |
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.
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