ARK Invest Reshuffles Portfolio With Surprise Trades
TLDR
- ARK Invest bought 182,899 Block shares through ARKK and another 8,772 shares through ARKF on August 17.
- The firm added 101,356 Nvidia shares across five ETFs, extending its recent buying of the AI chipmaker.
- ARKF purchased 189,796 Securitize shares, adding further exposure to real-world asset tokenization.
- ARK also bought 7,115 shares of the 3iQ Solana Staking ETF across ARKW and ARKF.
- On the sell side, ARK cut Shopify, Palantir, Roblox and AMD positions across several funds.
ARK Invest reshaped several positions on August 17, buying Block, Nvidia and Securitize while selling Shopify, Palantir, Roblox and AMD. The firmโs latest trade disclosures showed fresh demand for companies tied to payments, artificial intelligence, tokenization and digital assets.
The largest purchase involved Block, led by Jack Dorsey. ARKK bought 182,899 shares, while ARKF added 8,772 shares. Block gives ARK exposure to payments and Bitcoin through Cash App, its balance-sheet holdings, Lightning tools, and mining hardware work.
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