Cathie Wood’s ARK bolsters Alibaba, trims Amazon stock

Published 04/10/2025, 01:06
© Reuters.

Cathie Wood’s ARK ETFs have made significant moves in the stock market on Friday, October 3, 2025, with a notable shift in their investment strategy. The daily trade report reveals a substantial purchase in Chinese tech giants and a sell-off in some of their other holdings.

Leading the trades was ARK’s investment in Alibaba Group Holding Ltd (NYSE:BABA), where the ARKK ETF bought 17,500 shares, amounting to a total value of approximately $3.31 million. This purchase marks a continued bullish stance on Alibaba, as ARK has consistently increased its position in the company over the past week, with previous purchases of 14,453 shares on Thursday and 30,137 shares on Wednesday.

In another significant move, ARK’s ARKK ETF bought 3,076 shares of Baidu Inc (NASDAQ:BIDU), valued at around $431,347. This follows a pattern of accumulating Baidu shares, with larger transactions earlier in the week, indicating a growing confidence in the Chinese search engine company.

On the sell side, ARK’s ARKW ETF parted with 5,747 shares of Amazon.com Inc (NASDAQ:AMZN), totaling approximately $1.28 million. This sale comes amidst a series of strategic divestments from the e-commerce giant, suggesting a possible reallocation of assets within the ETF’s portfolio.

Furthermore, ARK’s ARKK ETF sold a substantial 47,563 shares of Brera Holdings PLC (SLMT), although the total dollar value of this transaction was not disclosed. This follows a trend of selling Brera Holdings shares throughout the week, indicating a bearish outlook on the company.

The report also highlighted smaller transactions, ensuring investors are aware of ARK’s comprehensive trading activity. While the focus remains on today’s trades, the consistent buying pattern in companies like Alibaba and Baidu and the sell-off in Amazon and Brera Holdings provide insights into ARK’s current investment strategy.

Investors and market watchers will be keen to follow ARK’s future trades, as these could signal shifts in market dynamics and the ETF’s approach to portfolio management. With Cathie Wood at the helm, ARK ETFs continue to be a focal point for those interested in innovative and disruptive technologies.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.