Investing

Cathie Wood's ARK Invest Sells for 9/29

The broad markets were mixed on Wednesday after taking a massive loss on Tuesday, and nobody felt this worse than the Tech Sector. Withstanding this drop, Wednesday night futures were fairly positive, ARK Funds, on the other hand, were not. ARKX performed the best out of the group, down 0.5%, while ARKK did the worst, down 2.2% on the day. 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 sales that ARK Invest executed on September 29, 2021. Also check out all the ARK Invest buys that took place that same day.

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 $4.0 billion. Here are some notable sales in this fund: NO SALES

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. The biggest holdings are Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $9.7 billion. Here are some notable sales in this fund: 20,937 shares of Schrodinger & 114,402 shares of Caibou Bio.

ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but 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 $25.5 billion. Here are some notable sales in this fund: 967,790 shares of Skillz, 174,928 shares of Sea, 108,568 shares of Nintendo, & 149,936 shares of NanoString Technology.

ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) is focused, unsurprisingly, on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. Big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $3.1 billion. Here are a few sales of note in this fund: 10,900 shares of NXP Semiconductors & 1,387 shares of Alphabet.

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. Some names in this fund are similar to the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $6.4 billion. Here are a couple of notable sales in this fund: 181,263 shares of Snap & 16,127 shares of Tesla.

Ark Space Exploration & Innovation ETF (NYSEARCA: ARKX) is focused primarily 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. Sales worth noting in this fund: NO SALES.

Check out all the sales here:

FUND Direction Ticker Name Shares
ARKG Sell SDGR SCHRODINGER INC/UNITED STATES 20,937
ARKG Sell CRBU CARIBOU BIOSCIENCES INC 114,402
ARKK Sell SKLZ SKILLZ INC 967,790
ARKK Sell SE SEA LTD 174,928
ARKK Sell PRLB PROTO LABS INC 22,504
ARKK Sell NTDOY NINTENDO CO LTD 108,568
ARKK Sell NSTG NANOSTRING TECHNOLOGIES INC 149,936
ARKQ Sell NXPI NXP SEMICONDUCTORS NV 10,900
ARKQ Sell GOOG ALPHABET INC 1,387
ARKW Sell SNAP SNAP INC 181,263
ARKW Sell TSLA TESLA INC 16,127

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