Cathie Wood’s ARK ETF adjusts portfolio with key stock trades

Cathie Wood’s ARK ETFs have made a series of notable trades on Tuesday, 11 February 2025, as the investment firm adjusted its holdings across various sectors. The most significant transaction was the purchase of 29186 shares of Deere & Co (NYSE:DE), with a total dollar value of $13,716,836, signaling a strong conviction in the agricultural machinery giant’s prospects.

Following closely was ARK’s acquisition of 570206 shares of Iridium Communications Inc (NASDAQ:IRDM), amounting to $15,948,661. This move underscores the fund’s continued interest in the satellite communications sector.

On the sell-side, ARK divested a substantial number of shares in Palantir Technologies Inc (NYSE:NASDAQ:PLTR), totaling 252261 shares across its ETFs, equating to a dollar value of $29,426,246. This trade represents the largest sell by dollar value for the day, indicating a strategic shift away from the data analytics firm.

Moreover, ARK sold 777649 shares of UiPath Inc (NYSE:PATH) spread across its ETFs, with a total dollar value of $11,065,944. This suggests a scaling back of ARK’s position in the automation software company.

Another significant buy for ARK was 19726 shares of Amazon.com Inc (NASDAQ:AMZN) via its ARKF ETF, valued at $4,598,919. This purchase reflects the fund’s continued bullish stance on the e-commerce and cloud computing behemoth.

In terms of trends, ARK’s buying pattern has shown a growing emphasis on Twist Bioscience Corp (NASDAQ:TWST), with a purchase of 82632 shares worth $4,018,394, adding to their recent accumulations of the stock.

ARK also continued to reduce its stake in Accolade Inc (NASDAQ:ACCD), selling 660520 shares through its ARKG ETF, totaling $4,550,982. This follows a series of sales of ACCD shares in the past week, indicating a consistent exit from the healthcare technology company.

Other noteworthy transactions include the purchase of 24442 shares of Shopify Inc (NYSE:SHOP) through its ARKW ETF, valued at $2,930,595, and the sale of 194163 shares of Roku Inc (NASDAQ:ROKU) through its ARKK ETF, amounting to $16,426,189.

Smaller but still significant trades involved buying 11711 shares of Advanced Micro Devices Inc (NASDAQ:AMD) and 5961 shares of Salesforce Inc (NYSE:CRM), valued at $1,293,831 and $1,950,439, respectively.

ARK’s daily trades reflect a dynamic approach to portfolio management, with strategic buys and sells across a diverse range of sectors. Investors and market watchers will likely keep a close eye on these movements to glean insights into the fund’s evolving investment strategy.

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