Cathie Wood's ARK Innovation ETF took advantage of Tesla's (TSLA. O) share price to continue to cash in, selling 13,040 Tesla shares on December 23. But at the same time, she is increasingly bullish on Tesla (TSLA. O) stock.
Cathie Wood's ARK fund sold 720,000 shares of Tesla (TSLA. O) in the third quarter, reducing its holdings by 13.65%, but it is still its top position, accounting for 10.65%. At the end of the third quarter, heavy holdings also include Roku, Coinbase, Roblox, and Block.
"Wood sister" Cathie Wood (Cathie Wood) recently continued to sell Tesla shares, while adding to Amazon and Meta. Wood's ARK Investment Management (ARK Investment Management) released the latest data, its ARK Innovation ETF (ARKK) and Ark Next Generation Internet (ARKW) ETF two funds on October 28 local time sold 120,041 shares.
Cathie Wood's Ark Investments said in a filing with the Securities Exchange Commission on July 26 that it reduced its holdings of Coinbase (COIN. O) and Tesla (TSLA. O) in the second quarter.
On July 20, according to exchange documents, Ark Investment Management, owned by Cathie Wood, founder of Ark Fund, sold 88,545 shares of Roblox, 17,607 shares of Tesla, 16,758 shares of Coinbase, and bought 38,595 shares of Crowdstrike. On Friday, the global outage caused by CrowdStrike caused a large number of flights to be grounded, the market was thrown into chaos, and the operation of several companies was troubled.