Cathie Wood’s ARK ETF adjusts portfolio with Baidu, Blade Air buys

Cathie Wood’s ARK ETFs have disclosed their daily trades for Saturday, May 24th, 2025, with a notable increase in positions in the technology and mobility sectors. Leading the pack in terms of investment value was the purchase of shares in Baidu Inc (NASDAQ:BIDU) and Blade Air Mobility Inc (NYSE:NASDAQ:BLDE), while the firm also trimmed its holdings in Uipath Inc (NYSE:PATH) and Block Inc (NYSE:XYZ).

The most significant transaction of the day was ARK’s sale of 25,283 shares of Block Inc (NYSE:XYZ), amounting to $1,475,263. This move continues a recent trend of ARK reducing its exposure to the financial technology company, following a pattern of sales observed in the previous trading sessions.

On the buying side, ARK’s ARKQ ETF invested in 5,694 shares of Baidu Inc (NASDAQ:BIDU), totaling $478,694. This marks a consecutive buy-in, mirroring the same quantity of shares purchased on Thursday, indicating a strengthening conviction in the Chinese multinational technology company.

Blade Air Mobility Inc (NYSE:BLDE) also saw a considerable buy from ARK’s ARKX (NYSE:ARKX) ETF, with a total of 79,135 shares acquired for $265,893. Blade has been a recurring interest for ARK over the past week, with consistent purchases signaling a bullish stance on the urban air mobility service provider.

Nextdoor Holdings Inc (NYSE:KIND) shares were also added to ARK’s portfolio, with the ARKW ETF purchasing 59,461 shares valued at $86,813. This purchase is part of an ongoing accumulation trend, as ARK has been actively increasing its position in the neighborhood networking service company in recent trading days.

On the sell side, ARK’s ARKF ETF parted with a smaller amount of 100 shares of Uipath Inc (NYSE:PATH), totaling $1,234. Although modest in size, this transaction continues ARK’s pattern of divestment from the robotic process automation company.

Investors and market watchers alike pay close attention to Cathie Wood’s ARK ETF trades, as they often signal the fund’s strategic shifts and confidence in various sectors and companies. Today’s trades reflect ARK’s continued focus on technology and innovation-driven companies, with a particular emphasis on those poised to benefit from advancements in mobility and AI.

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