TRADES
Latest Trades
45
results found
FUND
DATE
ACTION
TICKER
COMPANY
SHARES
% of ETF
ARKF 13 Sep 2021 Sell 6060HK ZHONGAN ONLINE P&C INSURANCE CO LTD 537,882 0.0700
ARKF 13 Sep 2021 Sell 9923HK YEAHKA LTD 400,800 0.0400
ARKF 13 Sep 2021 Buy COIN COINBASE GLOBAL INC 44,521 0.3000
ARKF 13 Sep 2021 Buy DSYSJ DISCOVERY LTD 228,376 0.0500
ARKF 13 Sep 2021 Sell FB FACEBOOK INC 47,842 0.5000
ARKF 13 Sep 2021 Sell JD JD.COM INC 135,536 0.3000
ARKF 13 Sep 2021 Buy WDAY WORKDAY INC 59,794 0.4400
ARKG 13 Sep 2021 Buy BLI BERKELEY LIGHTS INC 138,100 0.0600
ARKG 13 Sep 2021 Sell BMY BRISTOL-MYERS SQUIBB CO 458,088 0.3500
ARKG 13 Sep 2021 Sell CDXS CODEXIS INC 12,958 0.0000
ARKG 13 Sep 2021 Sell CLLS CELLECTIS SA 12,773 0.0000
ARKG 13 Sep 2021 Sell CRBU CARIBOU BIOSCIENCES INC 307 0.0000
ARKG 13 Sep 2021 Buy CRSP CRISPR THERAPEUTICS AG 9,000 0.0100
ARKG 13 Sep 2021 Sell DRNA DICERNA PHARMACEUTICALS INC 96 0.0000
ARKG 13 Sep 2021 Buy ONEM 1LIFE HEALTHCARE INC 367,810 0.1100
ARKG 13 Sep 2021 Buy PSNL PERSONALIS INC 93,212 0.0200
ARKG 13 Sep 2021 Sell PSTG PURE STORAGE INC 96 0.0000
ARKG 13 Sep 2021 Sell PSTI PLURISTEM THERAPEUTICS INC 92 0.0000
ARKG 13 Sep 2021 Sell RHHBY ROCHE HOLDING AG 96 0.0000
ARKG 13 Sep 2021 Buy SLGC SOMALOGIC INC 338,363 0.0400
ARKK 13 Sep 2021 Sell EDIT EDITAS MEDICINE INC 84,388 0.0200
ARKK 13 Sep 2021 Sell IOVA IOVANCE BIOTHERAPEUTICS INC 542,589 0.0600
ARKK 13 Sep 2021 Sell NSTG NANOSTRING TECHNOLOGIES INC 6,840 0.0000
ARKK 13 Sep 2021 Sell NTDOY NINTENDO CO LTD 76,700 0.0200
ARKK 13 Sep 2021 Buy NVTA INVITAE CORP 480,982 0.0700
ARKK 13 Sep 2021 Buy PD PAGERDUTY INC 137,577 0.0300
ARKK 13 Sep 2021 Buy SGFY SIGNIFY HEALTH INC 250,366 0.0300
ARKK 13 Sep 2021 Sell TER TERADYNE INC 83,450 0.0500
ARKK 13 Sep 2021 Sell TRMB TRIMBLE INC 63,695 0.0300
ARKK 13 Sep 2021 Buy VCYT VERACYTE INC 75,815 0.0200
ARKQ 13 Sep 2021 Sell IRDM IRIDIUM COMMUNICATIONS INC 86,984 0.1500
ARKQ 13 Sep 2021 Buy KMTUY KOMATSU LTD 25,000 0.0200
ARKQ 13 Sep 2021 Buy MKFG MARKFORGED HOLDING CORP 96,888 0.0300
ARKQ 13 Sep 2021 Sell NVDA NVIDIA CORP 50 0.0000
ARKW 13 Sep 2021 Sell ADYEY ADYEN NV 534,912 0.2900
ARKW 13 Sep 2021 Buy CND CONCORD ACQUISITION CORP 50,000 0.0100
ARKW 13 Sep 2021 Buy COIN COINBASE GLOBAL INC 57,302 0.2400
ARKW 13 Sep 2021 Buy DIS WALT DISNEY CO/THE 19,300 0.0600
ARKW 13 Sep 2021 Buy HOOD ROBINHOOD MARKETS INC 153,075 0.1100
ARKW 13 Sep 2021 Buy KVSB KHOSLA VENTURES ACQUISITION CO II 373,612 0.0700
ARKW 13 Sep 2021 Sell LC LENDINGCLUB CORP 95,707 0.0500
ARKW 13 Sep 2021 Buy PD PAGERDUTY INC 15,000 0.0100
ARKW 13 Sep 2021 Sell TTD TRADE DESK INC/THE 1,100 0.0000
ARKW 13 Sep 2021 Sell U UNITY SOFTWARE INC 212,788 0.4900
ARKW 13 Sep 2021 Buy ZM ZOOM VIDEO COMMUNICATIONS INC 47,549 0.2400
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.