Today Ark Invest

Bought:
$AAPL, $53.3M - 💵 & 🚗🔋?
$GOOGL, $50.1M - 💵
$SHOP, $26.4M - 🚨
$BABA, $17.4M
$NVDA, $15.9M
$ADBE, $12.9M
$REGN, $10.4M
$AMZN, $8.5M - 💵
$RHHBY, $7.6M
$VRTX, $6.6M

Sold:
$CRSP, $-5.5M
$TWLO, $-13M
$SPOT, $-13.1M
$SQ, $-35.4M - 🚨
$ROKU, $-52.1M - 🚨
Broken out by ETF:
Cathie Wood on 12/18 regarding when Ark invests in FAANG stocks:

"As a bull market extends, we do move into more 'cash-like' equities; they would be the less volatile stocks.

Certainly FAANG & $MSFT fit that.

We would do that increasingly."

Link:
Loading up on $AAPL $AMZN $GOOGL while at the same time selling the flagship positions of $SQ and $ROKU could be a signal that Ark is feeling that a bearish period is near.

This is just my speculation. Not a prediction.
You can follow @KermitCapital.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:

By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.