Investing

Cathie Wood's ARK Invest Buys for 10/18

The S&P 500 and Nasdaq head-faked investors starting out in the red on Monday but quickly climbed positive to tack on another day to the winning streak. ARK Funds continued to climb back but there was one big exception. ARKW performed the best out of the group, up 1.4%, while ARKG did the worst, down 1.7% on the day. The gains from past 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 purchases that ARK Invest executed on October 18, 2021. Also check out all the ARK Invest sales 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 a few notable purchases 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. 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 buys in this fund: 202,252 shares of Quantum-Si, 103,053 shares of Surface Oncology, & 50,800 shares of Somalogic.

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 purchases in this fund: 26,537 shares of Intellia Therapeutics.

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 buys of note in this fund: 70,644 shares of Blade Air Mobility.

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 few notable purchases in this fund: 42,223 shares of Genius Sports.

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. Purchases worth noting in this fund: 86,110 shares of Blade Air Mobility.

Check out all the buys here:

Fund Direction Ticker Company Name Shares
ARKG Buy QSI QUANTUM-SI INC 202,252
ARKG Buy SURF SURFACE ONCOLOGY INC 103,053
ARKG Buy SLGC SOMALOGIC INC 50,800
ARKG Buy VCYT VERACYTE INC 210
ARKK Buy NTLA INTELLIA THERAPEUTICS INC 26,537
ARKK Buy TDOC TELADOC HEALTH INC 100
ARKQ Buy BLDE BLADE AIR MOBILITY INC 70,644
ARKQ Buy VLD VELO3D INC 1,200
ARKW Buy GENI GENIUS SPORTS LTD 42,223
ARKX Buy BLDE BLADE AIR MOBILITY INC 86,110

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.