cathie wood’s ARK sells GitLab stock, continues bullish buying spree

Published 22/11/2025, 02:14
cathie wood’s ARK sells GitLab stock, continues bullish buying spree

Cathie Wood’s ARK ETF published their daily trades for Friday, November 21, 2025, revealing a series of strategic moves among various stocks. The most significant transaction of the day was ARK’s sale of 670,144 shares of GitLab Inc (NASDAQ:GTLB), amounting to a total dollar value of $28,487,821. This marks another day of divestment from GitLab, following previous sales, indicating a continued trend of reducing their position in the company.

On the buying side, ARK made a substantial purchase of 350,734 shares of CoreWeave Inc (CRWV) valued at $24,274,300, highlighting their growing interest in the company. This move aligns with ARK’s ongoing strategy of increasing its stake in CoreWeave over recent days.

ARK also acquired 67,078 shares of CRISPR Therapeutics AG (NASDAQ:CRSP) for $3,306,274. This continues their pattern of investments in the biotech sector, particularly in gene-editing technologies.

In the cryptocurrency space, ARK purchased 20,700 shares of the ARK 21Shares Bitcoin ETF (ARKB) for $122,983, reinforcing their commitment to digital assets despite the sector’s volatility.

Additionally, ARK’s transactions included buying 49,900 shares of Bullish (BLSH) for $1,821,350 and 31,890 shares of BitMine Immersion Technologies Inc (BMNR) for $829,777, further diversifying their portfolio in the tech and blockchain sectors.

On the selling side, ARK reduced its holdings in Exact Sciences Corp (NASDAQ:EXAS) by 227,153 shares, valued at $22,867,492, and Iridium Communications Inc (NASDAQ:IRDM) by 169,485 shares, totaling $2,684,642. These sales suggest a strategic reallocation of resources within ARK’s portfolio.

Other notable transactions included a sale of 1,623 shares of Advanced Micro Devices Inc (NASDAQ:AMD) for $334,370 and a minor divestment of 1 share of Pinterest Inc (NYSE:PINS).

Overall, ARK’s trading activity reflects a balanced approach, with significant investments in emerging technologies and strategic divestments aimed at optimizing their portfolio for future growth. Investors will be keen to watch how these moves align with broader market trends and ARK’s long-term investment strategy.

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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