Cathie Wood’s ARK ETF buys Airbnb, sells Microsoft stock

Published 23/04/2025, 01:04
© Reuters.

Cathie Wood’s ARK ETFs have reported their daily trades for Tuesday, April 22nd, 2025, showcasing a series of strategic buys and sells across various sectors. Leading the day’s transactions was the purchase of AIRBNB INC (NASDAQ:ABNB) shares, with ARK acquiring a total of 80,361 shares split between its ARKW and ARKF ETFs, amounting to a significant investment of $8,969,091.

On the sell side, ARK divested a considerable number of MICROSOFT CORP (NASDAQ:MSFT) shares, totaling 26,405 from its ARKW ETF, which translated to the day’s highest dollar-value sale of $9,482,563. This move suggests a shift in ARK’s confidence or strategy regarding the tech giant.

Another notable sale was of ADAPTIVE BIOTECHNOLOGIES CORP (NASDAQ:ADPT) shares, with ARK’s ARKG ETF offloading 742,718 shares for a total of $5,072,763. This follows a trend from the previous day, where ARK sold 195,933 ADPT shares, indicating a consistent reduction in their position in the biotech company.

ARK also focused on the semiconductor industry, buying 24,800 shares of ADVANCED MICRO DEVICES INC (NASDAQ:AMD) through its ARKQ ETF, amounting to $2,121,887. Additionally, the fund secured 11,000 shares of NVIDIA CORP (NASDAQ:NVDA), investing $1,066,010.

Other purchases included 214,575 shares of IRIDIUM COMMUNICATIONS INC (NASDAQ:IRDM) across three ETFs for $4,978,140, and 896,87 shares of COREWEAVE INC (NASDAQ:CRWV) through its ARKW ETF, totaling $3,176,713. These acquisitions demonstrate ARK’s continued interest in communications and computing sectors.

In defense and security, ARK sold 154,591 shares of KRATOS DEFENSE AND SECURITY SOLUTIONS INC (NASDAQ:KTOS) from its ARKQ ETF, with the sale valued at $4,934,544. This follows a previous sale of KTOS shares last week, suggesting a strategic move away from the company.

Smaller trades included purchases of companies like AEROVIRONMENT INC (NASDAQ:AVAV), BEAM THERAPEUTICS INC (NASDAQ:BEAM), and PACIFIC BIOSCIENCES OF CALIFORNIA INC (NASDAQ:PACB), with investments ranging from $219,646 to $576,799. These smaller-scale investments reflect ARK’s diversified approach across various innovative sectors.

Investors following ARK’s ETFs will note the fund’s dynamic trading strategy, with considerable buys in growth-oriented stocks like Airbnb and AMD, while taking profits or repositioning away from stocks like Microsoft and Adaptive Biotechnologies. The continued investment in Iridium Communications and CoreWeave signals a bullish stance on communication technologies and cloud computing, respectively. As always, ARK’s trades provide insights into where the fund sees potential in an ever-changing market landscape.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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