Investing
Cathie Wood's ARK Invest Buys Nearly 800,000 Shares of Khosla Ventures
Published:
One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Thursday. The fund bought nearly 800,000 shares of Khosla Ventures Acquisition Co. (NASDAQ: KVSB), as the price of this ETF lost 1.5% on the day. Note that this fund is up significantly in the past year.
Specifically, ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 793,065 shares of Khosla Ventures. At Thursday’s closing price, this would have valued this purchase at roughly $8.4 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 51% in the past year.
Here’s a look at the other purchases across the ARK ETFs:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKG | RPTX | REPARE THERAPEUTICS INC | 39,887 |
| ARKG | VERV | VERVE THERAPEUTICS INC | 60,256 |
| ARKG | FATE | FATE THERAPEUTICS INC | 152,712 |
| ARKG | SGFY | SIGNIFY HEALTH INC | 36,732 |
| ARKG | QSI | QUANTUM-SI INC | 347,305 |
| ARKK | COIN | COINBASE GLOBAL INC | 69,172 |
| ARKK | EXAS | EXACT SCIENCES CORP | 224,559 |
| ARKK | U | UNITY SOFTWARE INC | 354,919 |
| ARKQ | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS INC | 91,585 |
| ARKQ | MKFG | MARKFORGED HOLDING CORP | 3,523 |
| ARKQ | PATH | UIPATH INC | 47,349 |
| ARKW | CND | CONCORD ACQUISITION CORP | 468,289 |
| ARKW | KVSB | KHOSLA VENTURES ACQUISITION CO II | 793,065 |
| ARKW | PATH | UIPATH INC | 95,058 |
| ARKX | PATH | UIPATH INC | 9,612 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and non-voting shareholder of 24/7 Wall St.
Take Charge of Your Retirement: Find the Right Financial Advisor For You in Minutes (Sponsor)
Retirement planning doesn’t have to feel overwhelming. The key is finding professional guidance—and we’ve made it easier than ever for you to connect with the right financial advisor for your unique needs.
Here’s how it works:
1️ Answer a Few Simple Questions
Tell us a bit about your goals and preferences—it only takes a few minutes!
2️ Get Your Top Advisor Matches
This tool matches you with qualified advisors who specialize in helping people like you achieve financial success.
3️ Choose Your Best Fit
Review their profiles, schedule an introductory meeting, and select the advisor who feels right for you.
Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.