BofA update shows where active managers are putting money
Cathie Wood’s ARK ETF published their daily trades for Tuesday, June 17th, 2025, revealing a series of strategic moves in the tech and biotech sectors. The largest dollar-value trade of the day involved a significant sell-off of CIRCLE INTERNET GROUP INC (NYSE:CRCL), with ARK divesting a total of 300,108 shares across its ARKK, ARKW, and ARKF ETFs, totaling approximately $45.3 million. This trade marks a continued trend from the previous day, where ARK also reduced its position in CRCL.
In contrast, ARK bolstered its holdings in AIRBNB INC (NASDAQ:ABNB) by purchasing 59,115 shares through its ARKK ETF, amounting to an $8.1 million investment. This buy reflects a new position for the week, as previous trades did not include AIRBNB. Similarly, TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (NYSE:TSM) saw an increase in ARK’s portfolio, with 36,913 shares acquired for nearly $8 million through the ARKK ETF.
Other notable purchases included ADVANCED MICRO DEVICES INC (NASDAQ:AMD) and BWX TECHNOLOGIES INC (NYSE:BWXT), with ARK adding 37,377 and 27,186 shares valued at $4.7 million and $3.8 million, respectively. The investment in BWXT continues a trend as ARK bought a substantial 215,830 shares just the day before, signaling a growing confidence in the company.
The ARKW ETF focused on the tech sector, buying 21,277 shares of SHOPIFY INC (NYSE:SHOP) for approximately $2.3 million, while the ARKF ETF targeted the fintech space with the purchase of 35,461 shares of ETORO GROUP LTD (NASDAQ:ETOR) valued at $2.2 million. FUTU HOLDINGS LTD (NASDAQ:FUTU) also saw an infusion of capital with ARK’s acquisition of 16,588 shares, representing a $2 million investment.
The ARKK ETF diversified its biotech holdings with the addition of 61,866 shares of GUARDANT HEALTH INC (NASDAQ:GH) at a value of $3 million and 75,316 shares of VERACYTE INC (NASDAQ:VCYT) worth roughly $2 million.
Despite these significant buys, ARK also executed smaller-scale sales, such as the divestment of 61 shares of AVIDXCHANGE HOLDINGS INC (NASDAQ:AVDX) and 49 shares of 3D SYSTEMS CORP (NYSE:DDD), amounting to $595 and $95 respectively. These sales continue a minor shedding trend for both companies observed over the past week.
In addition to these transactions, ARK sold 1,511 shares of MAGNA INTERNATIONAL INC (NYSE:MGA) and 4,835 shares of UIPATH INC (NYSE:PATH), totaling approximately $57,221 and $60,340, respectively.
Investors following ARK’s trades may note the continued emphasis on innovative companies, particularly in the technology and biotech industries, with a mix of both aggressive buying and strategic selling as the ETF adjusts its portfolio to navigate the current market landscape.
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