TRADES
Latest Trades
99
results found
FUND
DATE
ACTION
TICKER
COMPANY
SHARES
% of ETF
ARKK 13 Sep 2022 Buy DKNG DRAFTKINGS INC 121,515 0.0237
ARKW 13 Sep 2022 Buy DKNG DRAFTKINGS INC 26,619 0.0310
ARKK 12 Sep 2022 Buy DKNG DRAFTKINGS INC 32,421 0.0067
ARKW 12 Sep 2022 Buy DKNG DRAFTKINGS INC 5,216 0.0063
ARKK 9 Sep 2022 Buy DKNG DRAFTKINGS INC 45,446 0.0096
ARKW 9 Sep 2022 Buy DKNG DRAFTKINGS INC 8,829 0.0112
ARKK 8 Sep 2022 Buy DKNG DRAFTKINGS INC 49,713 0.0103
ARKW 8 Sep 2022 Buy DKNG DRAFTKINGS INC 7,236 0.0089
ARKK 7 Sep 2022 Buy DKNG DRAFTKINGS INC 12,433 0.0026
ARKW 7 Sep 2022 Buy DKNG DRAFTKINGS INC 1,812 0.0022
ARKK 6 Sep 2022 Buy DKNG DRAFTKINGS INC 145,324 0.0291
ARKW 6 Sep 2022 Buy DKNG DRAFTKINGS INC 7,758 0.0092
ARKW 2 Sep 2022 Buy DKNG DRAFTKINGS INC 117,800 0.1387
ARKK 8 Aug 2022 Sell DKNG DRAFTKINGS INC 852,851 0.1550
ARKF 9 May 2022 Buy DKNG DRAFTKINGS INC 103,268 0.1174
ARKW 9 May 2022 Buy DKNG DRAFTKINGS INC 267,294 0.1842
ARKF 2 May 2022 Buy DKNG DRAFTKINGS INC 189,451 0.2528
ARKW 7 Mar 2022 Buy DKNG DRAFTKINGS INC 279,441 0.2396
ARKW 12 Jan 2022 Buy DKNG DRAFTKINGS INC 67,256 0.0548
ARKW 11 Jan 2022 Buy DKNG DRAFTKINGS INC 266,064 0.2167
ARKF 10 Jan 2022 Buy DKNG DRAFTKINGS INC 176,579 0.2409
ARKK 4 Jan 2022 Buy DKNG DRAFTKINGS INC 1,185,460 0.1936
ARKK 31 Dec 2021 Buy DKNG DRAFTKINGS INC 38,846 0.0067
ARKK 30 Dec 2021 Buy DKNG DRAFTKINGS INC 543,221 0.0961
ARKF 28 Dec 2021 Buy DKNG DRAFTKINGS INC 151,508 0.1809
ARKK 27 Dec 2021 Sell DKNG DRAFTKINGS INC 53,200 0.0090
ARKF 23 Dec 2021 Buy DKNG DRAFTKINGS INC 48,000 0.0612
ARKF 21 Dec 2021 Buy DKNG DRAFTKINGS INC 3,242 0.0042
ARKF 20 Dec 2021 Buy DKNG DRAFTKINGS INC 55,400 0.0666
ARKF 24 Nov 2021 Buy DKNG DRAFTKINGS INC 22,312 0.0264
ARKF 23 Nov 2021 Buy DKNG DRAFTKINGS INC 313,699 0.3659
ARKW 22 Nov 2021 Buy DKNG DRAFTKINGS INC 474,219 0.3404
ARKF 15 Nov 2021 Buy DKNG DRAFTKINGS INC 214,059 0.2517
ARKK 5 Nov 2021 Buy DKNG DRAFTKINGS INC 934,216 0.1886
ARKF 4 Nov 2021 Buy DKNG DRAFTKINGS INC 150,884 0.1984
ARKW 4 Nov 2021 Buy DKNG DRAFTKINGS INC 252,547 0.1997
ARKK 3 Nov 2021 Buy DKNG DRAFTKINGS INC 193,482 0.0415
ARKK 2 Nov 2021 Buy DKNG DRAFTKINGS INC 515,832 0.1108
ARKW 2 Nov 2021 Buy DKNG DRAFTKINGS INC 231,028 0.1939
ARKF 25 Oct 2021 Buy DKNG DRAFTKINGS INC 235,627 0.3241
ARKK 29 Sep 2021 Buy DKNG DRAFTKINGS INC 184,805 0.0460
ARKW 29 Sep 2021 Buy DKNG DRAFTKINGS INC 158,095 0.1520
ARKK 28 Sep 2021 Buy DKNG DRAFTKINGS INC 393,050 0.0935
ARKF 27 Sep 2021 Buy DKNG DRAFTKINGS INC 131,810 0.1954
ARKK 22 Sep 2021 Buy DKNG DRAFTKINGS INC 599,968 0.1490
ARKW 22 Sep 2021 Buy DKNG DRAFTKINGS INC 159,851 0.1578
ARKF 24 Aug 2021 Buy DKNG DRAFTKINGS INC 127,608 0.1994
ARKK 24 Aug 2021 Buy DKNG DRAFTKINGS INC 742,840 0.1898
ARKW 24 Aug 2021 Buy DKNG DRAFTKINGS INC 202,723 0.2014
ARKW 16 Aug 2021 Buy DKNG DRAFTKINGS INC 210,644 0.1911
ARKF 13 Aug 2021 Buy DKNG DRAFTKINGS INC 10,996 0.0162
ARKF 12 Aug 2021 Buy DKNG DRAFTKINGS INC 55,100 0.0771
ARKF 11 Aug 2021 Buy DKNG DRAFTKINGS INC 91,300 0.1275
ARKF 10 Aug 2021 Buy DKNG DRAFTKINGS INC 35,900 0.0511
ARKW 27 Jul 2021 Buy DKNG DRAFTKINGS INC 232,372 0.1886
ARKW 26 Jul 2021 Buy DKNG DRAFTKINGS INC 137,480 0.1132
ARKW 23 Jul 2021 Buy DKNG DRAFTKINGS INC 122,828 0.1041
ARKK 22 Jul 2021 Buy DKNG DRAFTKINGS INC 453,086 0.0955
ARKK 21 Jul 2021 Buy DKNG DRAFTKINGS INC 486,875 0.1042
ARKW 21 Jul 2021 Buy DKNG DRAFTKINGS INC 117,163 0.0998
ARKW 13 Jul 2021 Buy DKNG DRAFTKINGS INC 175,387 0.1412
ARKW 12 Jul 2021 Buy DKNG DRAFTKINGS INC 137,133 0.1114
ARKK 15 Jun 2021 Buy DKNG DRAFTKINGS INC 688,702 0.1468
ARKW 15 Jun 2021 Buy DKNG DRAFTKINGS INC 181,597 0.1488
ARKF 24 May 2021 Buy DKNG DRAFTKINGS INC 130,400 0.1766
ARKK 18 May 2021 Buy DKNG DRAFTKINGS INC 679,736 0.1536
ARKW 18 May 2021 Buy DKNG DRAFTKINGS INC 28,314 0.0240
ARKW 17 May 2021 Buy DKNG DRAFTKINGS INC 146,969 0.1229
ARKF 13 May 2021 Buy DKNG DRAFTKINGS INC 98,345 0.1192
ARKK 12 May 2021 Buy DKNG DRAFTKINGS INC 466,419 0.1008
ARKK 11 May 2021 Buy DKNG DRAFTKINGS INC 459,974 0.1012
ARKK 10 May 2021 Buy DKNG DRAFTKINGS INC 669,101 0.1511
ARKW 10 May 2021 Buy DKNG DRAFTKINGS INC 182,020 0.1486
ARKK 7 May 2021 Buy DKNG DRAFTKINGS INC 358,860 0.0907
ARKK 6 May 2021 Buy DKNG DRAFTKINGS INC 405,000 0.1038
ARKK 5 May 2021 Buy DKNG DRAFTKINGS INC 564,976 0.1516
ARKW 5 May 2021 Buy DKNG DRAFTKINGS INC 163,452 0.1498
ARKK 4 May 2021 Buy DKNG DRAFTKINGS INC 576,603 0.1476
ARKK 22 Apr 2021 Buy DKNG DRAFTKINGS INC 266,488 0.0663
ARKK 21 Apr 2021 Buy DKNG DRAFTKINGS INC 126,173 0.0291
ARKK 20 Apr 2021 Buy DKNG DRAFTKINGS INC 214,625 0.0498
ARKW 20 Apr 2021 Buy DKNG DRAFTKINGS INC 303,552 0.2544
ARKW 14 Apr 2021 Buy DKNG DRAFTKINGS INC 76,300 0.0639
ARKW 13 Apr 2021 Buy DKNG DRAFTKINGS INC 180,771 0.1446
ARKK 12 Apr 2021 Buy DKNG DRAFTKINGS INC 431,100 0.1038
ARKW 12 Apr 2021 Buy DKNG DRAFTKINGS INC 30,100 0.0244
ARKK 8 Apr 2021 Buy DKNG DRAFTKINGS INC 166,800 0.0424
ARKK 7 Apr 2021 Buy DKNG DRAFTKINGS INC 610,847 0.1595
ARKF 29 Mar 2021 Buy DKNG DRAFTKINGS INC 160,100 0.2468
ARKK 29 Mar 2021 Buy DKNG DRAFTKINGS INC 349,200 0.0997
ARKK 9 Mar 2021 Buy DKNG DRAFTKINGS INC 949,200 0.2700
ARKF 8 Mar 2021 Buy DKNG DRAFTKINGS INC 56,900 0.0926
ARKK 8 Mar 2021 Buy DKNG DRAFTKINGS INC 748,201 0.2264
ARKF 5 Mar 2021 Buy DKNG DRAFTKINGS INC 101,400 0.0591
ARKF 1 Mar 2021 Buy DKNG DRAFTKINGS INC 173,800 0.2539
ARKW 9 Feb 2021 Buy DKNG DRAFTKINGS INC 443,500 0.3287
ARKF 8 Feb 2021 Buy DKNG DRAFTKINGS INC 272,900 0.5039
ARKW 8 Feb 2021 Buy DKNG DRAFTKINGS INC 229,500 0.1762
ARKW 1 Feb 2021 Buy DKNG DRAFTKINGS INC 620,300 0.5007
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.