Cathie Wood’s firm sold nearly 10 million shares across 20 companies, outpacing purchases by a wide margin.
ARK Invest liquidated approximately $279 million worth of equities this week, selling nearly 10 million shares across 20 companies in its actively managed ETFs. The firm’s purchases during the same period totaled just $4 million, marking a significant imbalance in trading activity.
The sell-off represents one of the firm’s most active weeks in recent months, contrasting with its typical strategy of concentrated, high-conviction holdings. ARK’s funds have faced volatility amid shifting market conditions, though the firm has maintained its long-term thematic focus.
No immediate market reaction was reported following the transactions, which included partial or full exits from multiple positions.