Cathie Wood’s ARK ETF buys AMD and Robinhood, sells Circle Internet

Cathie Wood’s ARK ETFs have made notable moves in the stock market on Monday, June 23, 2025, with significant transactions that reflect the investment firm’s latest strategies. The largest trade of the day was the sale of Circle Internet Group Inc (NYSE:CRCL) shares, with a total of 415,844 shares sold across three ARK funds, amounting to a staggering $99,918,996. This follows a trend of ARK reducing its position in CRCL, which has been observed over the past week.

On the buying side, ARK’s top acquisition was in Robinhood Markets Inc (NASDAQ:HOOD), with 319,640 shares purchased through its ARKK ETF, totaling $25,091,740. This marks a continuation of ARK’s interest in the fintech company, as it had also bought a substantial amount of HOOD shares on the previous Friday.

Another significant purchase was Advanced Micro Devices Inc (NASDAQ:AMD), with ARK adding a total of 130,256 shares across its ARKK, ARKW, and ARKF ETFs, representing an investment of $16,704,029. This move indicates a growing confidence in the semiconductor company, as ARK also bought AMD shares in considerable amounts last week.

In addition, ARK invested in Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM), acquiring a total of 65,102 shares through ARKK and ARKW ETFs, with a dollar value of $13,639,520. This appears to be a new position for the week, as TSM was not listed in the previous trades provided.

Other notable buys include 20,442 shares of Airbnb Inc (NASDAQ:ABNB) through ARKK ETF for $2,692,824, continuing ARK’s investment in the hospitality service provider from the previous week. Moreover, ARK also increased its stakes in Shopify Inc (NYSE:NASDAQ:SHOP) by purchasing 112,658 shares across its ETFs, investing $11,986,811.

Smaller but still significant buys were made in companies like Deere & Co (NYSE:DE), Guardant Health Inc (NASDAQ:GH), and BWX Technologies Inc (NYSE:BWXT), with the respective dollar values of $2,649,653, $1,945,649, and $1,308,205.

On the selling side, aside from Circle Internet Group, ARK sold shares of Adaptive Biotechnologies Corp (NASDAQ:ADPT), totaling 20,214 shares with a dollar value of $209,821. This continues a selling trend in ADPT, as ARK had also reduced its position on the previous Wednesday and Friday.

The trades indicate ARK’s shifting focus towards companies in the technology and fintech sectors, while also showing a pattern of divestment from biotechnology firms like CRCL and ADPT. Investors following ARK’s ETFs will likely watch these trends closely to gauge the firm’s market outlook and strategic direction.

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