Cathie Wood’s ARK ETF adjusts holdings with Deere and Roku trades

Cathie Wood’s ARK ETFs have made significant adjustments to their portfolios on Wednesday, February 12, 2025, with a particular focus on Deere & Co (NYSE:DE) and Roku Inc (NASDAQ:ROKU). ARK’s largest transaction of the day involved purchasing 40,935 shares of Deere & Co, valued at approximately $19.4 million, reflecting a bullish stance on the agricultural machinery manufacturer. Conversely, ARK took a bearish position on Roku, selling 397,727 shares worth over $32.9 million.

The trading activity didn’t stop there. ARK also increased its investment in Iridium Communications Inc (NASDAQ:IRDM) by buying 210,648 shares, amounting to $5.9 million. This move suggests ARK’s continued confidence in the satellite communications company. Similarly, ARK added 423,76 shares of Cameco Corp (TSX:CCO) (NYSE:CCJ) to its ARKQ ETF, with a total value of $2.1 million, underscoring a growing interest in the uranium producer.

In the biotechnology sector, ARK’s ARKK and ARKG ETFs collectively bought 150,59 shares of Beam Therapeutics Inc (NASDAQ:BEAM) for just over $404,000, while also purchasing 14,595 shares of CRISPR Therapeutics AG (NASDAQ:CRSP) totaling around $578,000. These investments highlight ARK’s continued focus on innovative gene-editing companies.

ARK’s trading pattern also showed divestment in certain areas. The firm sold 250,86 shares of Robinhood Markets Inc (NASDAQ:HOOD), valued at $1.3 million, and 54,233 shares of Oklo Inc (OTC:OKLO) worth nearly $2.7 million, indicating a shift away from these stocks.

Smaller yet notable trades included the purchase of 5,162 shares of Advanced Micro Devices Inc (NASDAQ:AMD) and 8,990 shares of BWX Technologies Inc (NYSE:BWXT), with respective values of $573,498 and $1 million. Additionally, ARK showed interest in the fintech space by buying 9,034 shares of Ibotta Inc (NASDAQ:IBTA) for $657,223.

ARK’s trading activities also featured transactions in other sectors, such as the acquisition of 4,561 shares of Qualcomm Inc (NASDAQ:QCOM) and 4,579 shares of Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM), valued at $784,446 and $955,820, respectively. Furthermore, ARK bought 16,021 shares of PagerDuty Inc (NYSE:PD) and 63,764 shares of Twist Bioscience Corp (NASDAQ:TWST), with dollar values of $300,874 and $2.9 million, respectively.

The sales side included the liquidation of 174,910 shares of Palantir Technologies Inc (NYSE:NASDAQ:PLTR) for nearly $19.7 million and 54,072 shares of SoFi Technologies Inc (NASDAQ:SOFI) at a value of $801,887. These sales may indicate a strategic shift or profit-taking within those particular segments of ARK’s portfolios.

Overall, ARK’s daily trade report reveals a series of calculated moves, with a mix of bullish and bearish positions across various industries. Investors following Cathie Wood’s ARK ETFs may interpret these trades as strategic adjustments in response to changing market conditions or as part of a longer-term investment thesis.

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