Investing

Cathie Wood's ARK Invest Sells for 7/29

All three major indexes closed up by less than half a percentage point on Thursday. The six ARK Invest funds put up mixed results for the day, with four finishing with small gains and two finishing with small losses. ARKQ closed up 1.26% on the day to post the best gain among the funds, and ARKF closed down 0.54%, the poorest performer of the day.

The big market news Thursday was the IPO of stock-trading app provider Robinhood Markets Inc. (NASDAQ: HOOD). ARKK bought a block of about 1.3 million shares, valued at $49.4 million at the IPO price of $38 a share. Robinhood closed down 8.37% on its first day of trading.

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 sales that ARK Invest executed on July 29, 2021. Also check out all the ARK Invest buys that took place Thursday.

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 billion. Here is a trade we would highlight in this fund: Sell 553,820 shares of Z Holding.

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 $9.74 billion. Here is a notable trade in this fund: Sell 800,000 shares of Pure Storage.

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 $25.52 billion. Here are some notable trades in this fund: Sell 938,561 shares of Seres Therapeutics and 177,572 shares of Square.

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 $3.09 billion. Here is a trade of note in this fund: Sell 62,600 shares of Paccar.

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 $6.35 billion. Here are a couple of notable trades in this fund: Sell 379,717 shares of Trade Desk and 254,716 shares of Skillz.

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 $627 million. A trade worth noting in this fund: Sell 262 shares of Raven Industries.

Check out all the sells here:

FUND Ticker Name Shares
ARKF 4689JP Z HOLDINGS CORP 553,820
ARKF BEKE KE HOLDINGS INC 3,103
ARKF SCHW CHARLES SCHWAB CORP/THE 216,164
ARKG PSTG PURE STORAGE INC 800,000
ARKG PSTI PLURISTEM THERAPEUTICS INC 698
ARKG RHHBY ROCHE HOLDING AG 75,637
ARKG SEER SEER INC 5,400
ARKG CLLS CELLECTIS SA 4,909
ARKK SQ SQUARE INC 177,572
ARKK SHOP SHOPIFY INC 36,425
ARKK ROKU ROKU INC 123,407
ARKK TXG 10X GENOMICS INC 37,985
ARKK NTDOY NINTENDO CO LTD 72,600
ARKK MCRB SERES THERAPEUTICS INC 938,561
ARKK IOVA IOVANCE BIOTHERAPEUTICS INC 198,345
ARKK DOCU DOCUSIGN INC 121,790
ARKK BEKE KE HOLDINGS INC 1,170
ARKQ PCAR PACCAR INC 62,600
ARKQ BZ KANZHUN LTD 15,520
ARKQ BYDDY BYD CO LTD 53,400
ARKW NET CLOUDFLARE INC 75,062
ARKW BEKE KE HOLDINGS INC 86
ARKW BZ KANZHUN LTD 12,000
ARKW TTD TRADE DESK INC/THE 379,717
ARKW TCEHY TENCENT HOLDINGS LTD 16,600
ARKW SNAP SNAP INC 79,769
ARKW SKLZ SKILLZ INC 254,716
ARKW PDD PINDUODUO INC 3,595
ARKW JD JD.COM INC 12,000
ARKW OPEN OPENDOOR TECHNOLOGIES INC 34
ARKX RAVN RAVEN INDUSTRIES INC 262