TRADES
Latest Trades
FUND
DATE
ACTION
TICKER
COMPANY
SHARES
% of ETF
ARKF 29 Mar 2023 Buy SQ BLOCK INC 987 0.0082
ARKG 29 Mar 2023 Sell EXAS EXACT SCIENCES CORP 12,882 0.0474
ARKG 29 Mar 2023 Buy SLGC SOMALOGIC INC 224,229 0.0262
ARKG 29 Mar 2023 Buy CMPS COMPASS PATHWAYS PLC 14,835 0.0086
ARKG 29 Mar 2023 Sell ATAI ATAI LIFE SCIENCES NV 79,263 0.0062
ARKG 29 Mar 2023 Buy NRIX NURIX THERAPEUTICS INC 699 0.0003
ARKQ 29 Mar 2023 Sell NIU NIU TECHNOLOGIES 44,038 0.0194
ARKQ 29 Mar 2023 Sell XPEV XPENG INC 6,719 0.0079
ARKQ 29 Mar 2023 Buy JOBY JOBY AVIATION INC 4,337 0.0019
ARKW 29 Mar 2023 Sell MELI MERCADOLIBRE INC 194 0.0197
ARKW 29 Mar 2023 Sell EDR ENDEAVOR GROUP HOLD 810 0.0016
ARKF 28 Mar 2023 Buy SQ BLOCK INC 17,221 0.1408
ARKF 28 Mar 2023 Sell FTCH FARFETCH LTD 200,278 0.1123
ARKG 28 Mar 2023 Sell INCY INCYTE CORP 74,457 0.2822
ARKG 28 Mar 2023 Sell ATAI ATAI LIFE SCIENCES NV 1,273,310 0.0892
ARKG 28 Mar 2023 Buy TWST TWIST BIOSCIENCE CORP 32,508 0.0261
ARKG 28 Mar 2023 Buy NRIX NURIX THERAPEUTICS INC 51,178 0.0240
ARKG 28 Mar 2023 Buy PRME PRIME MEDICINE INC 288 0.0002
ARKK 28 Mar 2023 Buy COIN COINBASE GLOBAL INC 42,745 0.0367
ARKK 28 Mar 2023 Buy TWST TWIST BIOSCIENCE CORP 126,757 0.0264
ARKK 28 Mar 2023 Sell EXAS EXACT SCIENCES CORP 21,585 0.0198
ARKQ 28 Mar 2023 Sell XPEV XPENG INC 226,727 0.2567
ARKQ 28 Mar 2023 Buy JOBY JOBY AVIATION INC 574,183 0.2417
ARKQ 28 Mar 2023 Sell NIU NIU TECHNOLOGIES 130,698 0.0557
ARKW 28 Mar 2023 Sell MELI MERCADOLIBRE INC 644 0.0638
ARKW 28 Mar 2023 Buy COIN COINBASE GLOBAL INC 7,484 0.0387
ARKW 28 Mar 2023 Buy KIND NEXTDOOR HOLDINGS INC 75,180 0.0125
ARKF 27 Mar 2023 Sell FTCH FARFETCH LTD 292,139 0.1638
ARKF 27 Mar 2023 Buy SQ BLOCK INC 18,555 0.1492
ARKF 27 Mar 2023 Buy TDOC TELADOC INC 2,245 0.0072
ARKG 27 Mar 2023 Sell INCY INCYTE CORP 4,070 0.0154
ARKG 27 Mar 2023 Buy TDOC TELADOC INC 8,031 0.0107
ARKG 27 Mar 2023 Buy PRME PRIME MEDICINE INC 14,700 0.0091
ARKG 27 Mar 2023 Buy NRIX NURIX THERAPEUTICS INC 12,562 0.0060
ARKK 27 Mar 2023 Sell EXAS EXACT SCIENCES CORP 41,985 0.0393
ARKK 27 Mar 2023 Buy COIN COINBASE GLOBAL INC 32,378 0.0277
ARKK 27 Mar 2023 Buy TDOC TELADOC INC 18,223 0.0063
ARKQ 27 Mar 2023 Buy JOBY JOBY AVIATION INC 447,648 0.1916
ARKQ 27 Mar 2023 Sell XPEV XPENG INC 128,222 0.1386
ARKQ 27 Mar 2023 Sell NIU NIU TECHNOLOGIES 112,107 0.0473
ARKW 27 Mar 2023 Sell MELI MERCADOLIBRE INC 708 0.0701
ARKW 27 Mar 2023 Buy KIND NEXTDOOR HOLDINGS INC 296,176 0.0491
ARKW 27 Mar 2023 Buy COIN COINBASE GLOBAL INC 5,347 0.0272
ARKW 27 Mar 2023 Buy TDOC TELADOC INC 5,767 0.0119
ARKF 24 Mar 2023 Buy SQ BLOCK INC 22,083 0.1684
ARKF 24 Mar 2023 Sell MELI MERCADOLIBRE INC 920 0.1382
ARKK 24 Mar 2023 Sell TSLA TESLA INC 119,151 0.3102
ARKK 24 Mar 2023 Buy SQ BLOCK INC 237,601 0.1950
ARKK 24 Mar 2023 Buy COIN COINBASE GLOBAL INC 158,833 0.1410
ARKW 24 Mar 2023 Buy SQ BLOCK INC 38,787 0.1908
ARKW 24 Mar 2023 Sell TSLA TESLA INC 11,547 0.1802
ARKW 24 Mar 2023 Sell MELI MERCADOLIBRE INC 1,481 0.1434
ARKW 24 Mar 2023 Buy COIN COINBASE GLOBAL INC 26,394 0.1404
ARKW 24 Mar 2023 Buy KIND NEXTDOOR HOLDINGS INC 17,321 0.0028
ARKF 23 Mar 2023 Sell MELI MERCADOLIBRE INC 959 0.1455
ARKF 23 Mar 2023 Buy SQ BLOCK INC 17,515 0.1309
ARKF 23 Mar 2023 Buy TDOC TELADOC INC 17,353 0.0526
ARKG 23 Mar 2023 Buy TDOC TELADOC INC 37,330 0.0497
ARKG 23 Mar 2023 Sell EXAS EXACT SCIENCES CORP 3,120 0.0112
ARKG 23 Mar 2023 Sell ATAI ATAI LIFE SCIENCES NV 48,358 0.0032
ARKK 23 Mar 2023 Sell TSLA TESLA INC 119,630 0.3193
ARKK 23 Mar 2023 Buy SQ BLOCK INC 275,544 0.2258
ARKK 23 Mar 2023 Buy COIN COINBASE GLOBAL INC 230,599 0.2057
ARKK 23 Mar 2023 Buy TDOC TELADOC INC 150,066 0.0498
ARKK 23 Mar 2023 Sell EXAS EXACT SCIENCES CORP 13,693 0.0123
ARKW 23 Mar 2023 Sell TSLA TESLA INC 20,012 0.3186
ARKW 23 Mar 2023 Buy SQ BLOCK INC 45,013 0.2200
ARKW 23 Mar 2023 Buy COIN COINBASE GLOBAL INC 38,329 0.2039
ARKW 23 Mar 2023 Buy TDOC TELADOC INC 25,308 0.0501
ARKW 23 Mar 2023 Buy KIND NEXTDOOR HOLDINGS INC 47,953 0.0077
ARKF 22 Mar 2023 Buy TDOC TELADOC INC 15,142 0.0442
ARKG 22 Mar 2023 Buy PRME PRIME MEDICINE INC 104,062 0.0686
ARKG 22 Mar 2023 Buy TDOC TELADOC INC 32,891 0.0424
ARKG 22 Mar 2023 Sell EXAS EXACT SCIENCES CORP 1,335 0.0046
ARKK 22 Mar 2023 Buy SQ BLOCK INC 58,233 0.0549
ARKK 22 Mar 2023 Buy TDOC TELADOC INC 123,821 0.0396
ARKK 22 Mar 2023 Sell EXAS EXACT SCIENCES CORP 1,805 0.0016
ARKW 22 Mar 2023 Buy SQ BLOCK INC 9,431 0.0530
ARKW 22 Mar 2023 Buy TDOC TELADOC INC 21,962 0.0419
ARKW 22 Mar 2023 Sell EDR ENDEAVOR GROUP HOLD 4,708 0.0084
ARKF 21 Mar 2023 Buy INTU INTUIT INC 32,187 1.6753
ARKF 21 Mar 2023 Sell COIN COINBASE GLOBAL INC 160,887 1.6672
ARKG 21 Mar 2023 Sell EXAS EXACT SCIENCES CORP 21,897 0.0762
ARKG 21 Mar 2023 Buy PRME PRIME MEDICINE INC 11,164 0.0078
ARKG 21 Mar 2023 Sell ATAI ATAI LIFE SCIENCES NV 14,047 0.0010
ARKK 21 Mar 2023 Sell EXAS EXACT SCIENCES CORP 45,172 0.0399
ARKF 20 Mar 2023 Sell TWLO TWILIO INC 10,251 0.0787
ARKF 20 Mar 2023 Buy TDOC TELADOC INC 13,644 0.0400
ARKF 20 Mar 2023 Buy SQ BLOCK INC 61 0.0005
ARKG 20 Mar 2023 Sell EXAS EXACT SCIENCES CORP 36,686 0.1232
ARKG 20 Mar 2023 Buy TDOC TELADOC INC 30,790 0.0391
ARKG 20 Mar 2023 Buy NRIX NURIX THERAPEUTICS INC 36,150 0.0171
ARKG 20 Mar 2023 Buy PRME PRIME MEDICINE INC 20,436 0.0134
ARKG 20 Mar 2023 Buy CERS CERUS CORP 60,434 0.0092
ARKK 20 Mar 2023 Sell EXAS EXACT SCIENCES CORP 81,916 0.0678
ARKK 20 Mar 2023 Buy TDOC TELADOC INC 116,546 0.0365
ARKK 20 Mar 2023 Buy CERS CERUS CORP 364,249 0.0136
ARKK 20 Mar 2023 Buy SQ BLOCK INC 6,512 0.0062
ARKW 20 Mar 2023 Sell EDR ENDEAVOR GROUP HOLD 491,876 0.9030
ARKW 20 Mar 2023 Buy MSFT MICROSOFT CORP 40,957 0.8946
Latest Blogs
ARK by Cathie Wood is still suffering a year after its apex.

Cathie Wood's flagship exchange-traded fund hit an all-time high in February of this year. Her preferred disruptive-tech chasing strategy may still be in for a lot of suffering after a year and a 53 percent fall.

After a dramatic decline last month, the ARK Innovation ETF (ticker: ARKK) has steadied off - it's practically flat in February – but the headwinds surrounding its speculative growth picks are just becoming more vital. Many businesses that thrived during the pandemic are being hammered by the economic reopening, not only because yields are rising as investors prepare for the US Federal Reserve to raise interest rates, which is terrible news for unprofitable businesses, but also because the economic reopening is hammering many of the businesses that thrived during the pandemic.

Roku, Teladoc, and Zoom, all winners in the work-from-home era, have had their stock prices plummet by as much as 74% in the past year.

Short bets against ARK, according to IHS Markit data, hit a fresh high of 11.4 percent of outstanding shares this week. The Tuttle Capital Short Innovation ETF (SARK), which beats the ARK, now has assets worth more than $US300 million ($416 million).

"Those equities are supported by speculation, and speculation pays less well when the Fed raises rates," said Brent Schutte, chief investment strategist at Northwestern Mutual Wealth Management Co. "Much of what's happening in the market reminds me of what happened in the late 1990s when market segments were bid up to levels based on future assumptions."

Because its price chart resembles that of the Nasdaq index of technology businesses from more than two decades ago, analogies to that period and the dot-com implosion that followed are becoming more common in discussions of ARK.

"Today marks the 253rd trading day from ARK's all-time high," Jessica Rabe, co-founder of DataTrek Research, wrote in a Tuesday note, "while the Nasdaq was down 60% from its dot-com bubble top on the same day in 2001."

"If 2000/2001 analog holds, we should see ARK continuing to fall over the following three weeks. The Nasdaq dropped 18.7% in the next 16 trading days "recent."

Net flows are positive.

The better news for investors and Ms. Wood is that there may be some immediate respite. The Nasdaq rose 41% in six weeks in 2001 before falling.

The ARK Investment Management did not respond to a request for comment.

Most of ARK's $US15 billion asset loss has been attributed to bad performance, a plus for the company. Since the fund achieved an intraday high of $US159.70 a year ago this week, investors have withdrawn only around $US465 million, and ARK's net flows this year are positive despite a more than 20% drop.

This exceptional loyalty prevents a worsening situation and allows Wood's approach to recovering. The star fund manager has consistently emphasized that her funds have a five-year investment horizon and that she believes in many good options.

Mr. Schutte, on the other hand, says the drop is understandable because several of the company's biggest bets, such as Teladoc and Zoom, are becoming less significant as COVID-19 approaches.

"During the pandemic, there were a lot of questions about what would happen to society and how we'd go about our lives," he added.

"You drew in new investors who wanted to know "what are the upcoming themes I should invest in?" I believe you got a washout of it as well."

On Friday, Cathie Wood sold $148.9 million worth of Palantir stock, halving her exposure.

Ark Investment Management, run by Cathie Wood, sold more Palantir Technologies Inc PLTR -6.39 percent shares on Friday, cutting its stake in the Peter Thiel-backed company.

According to Friday's closing price, the famous investment management firm sold 13.5 million shares of the big data company, valued at $148.9 million.

Palantir's stock fell 6.4 percent to $11.02 per share on Friday. The stock has lost 16% of its value in the last week.

Before Friday's trade, Ark Invest held 25.53 million shares in Palantir, suggesting that the famous stock picker had trimmed over 52 percent of its total keeping a day later.

After the business disclosed lower-than-expected fourth-quarter earnings before the market opened on Thursday, Ark Invest, located in St. Petersburg, California, dumped shares in Palantir for the second time.

The software firm, well-known for its work with government organizations, posted earnings of 2 cents per share, falling short of the analyst consensus of 4 cents. The company recorded quarterly revenues of $432.87 million, higher than the $417.69 million predicted by analysts.

Palantir's stock had been sold for 4.77 million shares by the investment firm the day before.

All six of Ark Invest's active exchange-traded funds own Palantir stock, including the flagship Ark Innovation ETF ARKK -4.88 percent.

Before the recent sell-off, Ark Invest had been stockpiling Palantir shares for months.

Cathie Wood appeared on television to defend her ARK funds' dismal performance. It didn't go quite as planned.

The Ark Innovation ETF (ARKK), Cathie Wood's flagship fund, is down 30% year to date and more volatile than almost any other fund on the market. On CNBC's Halftime Report, Wood jumped at the chance to defend the fund and its deflated price, which is currently $68.80, down from $155 a year ago.

"We've seen a significant decline," Wood said, adding, "We feel innovation is at bargain basement zone." Even though her ETF was underperforming, she emphasized that her companies were still "very inexpensive" and that the current fund loss was temporary. When the call's 40 free minutes were finished, Zoom gave her an extra 10 minutes to complete the interview.

Having Zoom check to see whether she was "running out of time?" Wood, who has been aggressively buying up shares in Zoom and other IT firms that have fallen from their pandemic highs, was unhappy. Zoom, like Wood's other significant tech holdings, Teladoc Health, Roku, and Roblox, is down 20% to 40% year to date as investors worry about rising interest and inflation rates.

However, a significant chunk of the interview was devoted to a personal assault on Cathie Wood, who was named the most excellent stock picker in 2020 by Bloomberg's then-Editor-in-Chief Matthew Winkler after correctly forecasting that Tesla will one day be valued at more than $1 trillion.

Wood bluntly ignored Tuttle Capital Management's Short Innovation ETF (SARK), which tracks the inverse performance of ARKK using swaps contracts for the sole purpose of betting against Cathie Wood's selections. "They're not conducting any research." She explained, "All they're doing is shorting innovation."

Of course, SARK is betting against Cathie Woods, not on innovation. "Well, we stand for invention," Wood responded. The SARK ETF has gained 55 percent since its debut, whereas the ARKK ETF has declined by 42 percent.

Tuttle Capital Management CEO Matthew Tuttle chimed in on the SARK ETF, calling it a "tool" for investors. According to SARK, "to convey a negative view of the market, innovative enterprises, the current rising rate environment, or a [specific] portfolio manager if they wish." "It's un-American not to have options in the marketplace," Tuttle told Insider on Thursday.

In any event, Wood is making progress. Her main concern currently is bearish calls on her ETF. "Our major concern is that our investors convert temporary losses into long-term losses," Wood continued.