Cathie Wood’s ARK buys Tempus AI stock, sells Block Inc

Cathie Wood’s ARK ETFs have made significant trades on Tuesday, 11 March 2025, with a particular focus on the technology and healthcare sectors. The most notable transaction of the day was ARK’s purchase of 94251 shares of TEMPUS AI INC (NASDAQ:TEM), with a total dollar value of $4,257,317. This move suggests a strong belief in the potential of artificial intelligence in healthcare.

Another substantial buy included 161909 shares of TERADYNE INC (NASDAQ:TER), which indicates a growing interest in the automation and robotics sector. This purchase was spread across three ETFs: ARKK, ARKQ, and ARKX (NYSE:ARKX). In the biotech space, ARK also added 38863 shares of CRISPR THERAPEUTICS AG (NASDAQ:CRSP) and 34441 shares of ABSCI CORP (NASDAQ:ABSI), emphasizing the firm’s continued investment in cutting-edge genetic research.

On the selling side, ARK divested a significant portion of its holdings in BLOCK INC (NYSE:XYZ), selling 203659 shares for a total dollar value of $11,148,294. This was the largest sale in terms of dollar value for the day, followed closely by a sale of 86239 shares of ROKU INC (NASDAQ:ROKU), totaling $6,135,904.

In the defense sector, ARK sold 114391 shares of KRATOS DEFENSE AND SECURITY SOLUTIONS INC (NASDAQ:KTOS), and in the gaming industry, they reduced their position in ROBLOX CORP (NYSE:RBLX) by selling 73477 shares. Both sales reflect a shift in ARK’s investment strategy within these industries.

The sales of 29882 shares of CAREDX INC (NASDAQ:CDNA) and 23195 shares of DRAFTKINGS INC (NASDAQ:DKNG) also indicate a rebalancing of ARK’s portfolio, moving away from certain healthcare and entertainment stocks.

Analyzing ARK’s trading patterns over the past week, there has been a consistent accumulation of shares in TEMPUS AI INC (NASDAQ:TEM) and IBOTTA INC (NASDAQ:IBTA), suggesting a bullish outlook on these companies. Conversely, there has been a notable sell-off in BLOCK INC (NYSE:XYZ) and SOFI TECHNOLOGIES INC (NASDAQ:SOFI), indicating a potential shift in ARK’s confidence in these firms.

As investors follow Cathie Wood’s ARK ETFs, it is clear that the firm is actively managing its portfolios, capitalizing on perceived opportunities, and steering away from less favorable positions. The daily trades provide a window into ARK’s strategic thinking and offer insights into the evolving landscape of innovative technologies and disruptive companies.

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