Cathie Wood’s ARK buys Tempus AI stock, sells Tesla and Roblox

Published 29/05/2025, 01:16
© Reuters

Cathie Wood’s ARK ETFs have disclosed their daily trades for Wednesday, May 28th, 2025, revealing a series of strategic moves in the tech and biotech sectors. The most significant trade of the day was the purchase of 251,080 shares of Tempus AI Inc (NYSE:TEM), valued at $16,538,639. This acquisition was spread across ARKK and ARKG ETFs, with the majority being added to ARKK’s holdings.

On the sell side, ARK ETFs offloaded a substantial number of shares in two high-profile companies. Tesla Inc (NASDAQ:TSLA) saw a reduction of 15,817 shares, totaling $5,739,831, while Roblox Corp (NYSE:RBLX) parted with 67,261 shares, amounting to $5,746,107. These sales indicate a rebalancing of ARK’s portfolio away from these particular stocks.

ARK’s interest in the aerospace sector was highlighted by the purchase of 2,902 shares of L3Harris Technologies Inc (NYSE:LHX) through its ARKQ ETF, with a dollar value of $719,405. Additionally, ARKQ ETF increased its stake in Iridium Communications Inc (NASDAQ:IRDM) by 8,538 shares, totaling $223,951.

In the realm of lunar exploration, ARKQ ETF continued to bet on Intuitive Machines Inc (NASDAQ:LUNR), buying 134,023 shares valued at $1,694,050. This follows a pattern of consistent investment in the company, as seen in previous trades.

Biotech also remained a focal point, with ARKG ETF adding 1,658 shares of Illumina Inc (NASDAQ:ILMN) and 15,711 shares of Twist Bioscience Corp (NASDAQ:TWST), valued at $135,252 and $462,060 respectively. Conversely, ARKG ETF sold 319,981 shares of Adaptive Biotechnologies Corp (NASDAQ:ADPT) for $2,924,626, marking a continued divestment from this stock.

ARK’s smaller trades included the sale of 1,459 shares of UiPath Inc (NYSE:PATH) and 7,900 shares of 3D Systems Corp (NYSE:DDD), with the latter being split between ARKQ and ARKX (NYSE:ARKX) ETFs.

This day’s trading activity reflects ARK’s ongoing strategy to adjust its holdings in response to market trends and company performance. Investors closely monitor these trades as indicators of ARK’s confidence in various sectors and individual stocks.

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.