Known as one of the boldest portfolio managers out there, Cathie Wood of Ark Invest likes to swing for the fences with her exchange-traded funds (ETFs).
This has led to some years of big gains for her flagship fund, the Ark Innovation ETF (NYSEMKT: ARKK)
In 2023, it rose 67.6%, and in 2025, it gained 35.5%. It has also resulted in some years with steep losses, like 2022, when it plunged by 67%. As a rule, Wood invests in companies with disruptive technology, and she’s willing to make big bets on those innovators.
Let’s look at five stocks she was recently buying on the dip. SpaceX Although SpaceX (NASDAQ: SPCX) had its initial public offering less than a month ago, Wood has already made the stock one of her 10 largest positions, and she has been scooping up more shares as the stock has come down from its early peak. SpaceX is trying to be at the center of disrupting several industries.