Cathie Wood's ARK Invest Buys for 8/16

Investing

Published: August 17, 2021 12:08 am

Monday started out with markets uncertain about geopolitics and it looked to be ending the record streak that the Dow Jones industrial average and S&P 500 had started last week. However, markets turned around in the afternoon, with the exception of the Nasdaq. ARK got caught in the downturn too. ARKX performed the best out of the group, down 0.6% on the day, while ARKK underperformed the rest of the group, down 2.6%. The gains from last year are slowly sliding away, but Cathie Wood may have something up her sleeve as she is constantly reshuffling her ETFs to stand up to market headwinds.

ARK Invest has been the talk of Wall Street over the past couple of years, outperforming the market and solidifying its place among the big players in the investments world. Wood is the founder and head of this investment house, and many have compared her rising star to the likes of Warren Buffett.

Many traders are looking to mirror the plays of famous investors and huge brokerage firms to capitalize on the gains that the big dogs are making. Lucky for us, ARK Invest releases a list of its trades at the end of each trading day.

While some companies would require a subscription service or monetary fee to see what makes ARK Invest tick, here at 24/7 Wall St. we would rather give you the data for free. Here is a quick look at some of the major Buys that ARK Invest executed on August 16, 2021. Also check out all the ARK Invest sells that took place today.

The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $4.0 billion. Here are some trades we would highlight in this fund: Buy 113,686 shares of Zillow, Buy 375,968 shares of Palantir, & Buy 353,803 shares of StoneCo.

ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. Some of the biggest holdings include the likes of Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $9.7 billion. Here are some notable trades in this fund: Buy 569,288 shares of Sema4 Holdings, Buy 784,785 shares of Signify Health, Buy 1,210,607 shares of Quantum-Si, & Buy 86,136 shares of Zymergen.

ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but the focus is primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $25.5 billion. Here are some notable trades in this fund: Buy 448,607 shares of Invitae, Buy 228,429 shares of Signify Health, Buy 244,663 shares of Exact Sciences, & Buy 1,086,826 shares of Palantir.

ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) is focused on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. More big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $3.1 billion. Here are a few of trades of note in this fund: Buy 22,000 shares of Jaws Spitfire, Buy 97,989 shares of Markforged, & Buy 28,400 shares of Aerovironment.

ARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. There are some similar names in this fund as the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $6.4 billion. Here are a couple of notable trades in this fund: Buy 60,325 shares of Veracyte, Buy 1,051,051 shares of Palantir, Buy 38,463 shares of Liveperson, & Buy 210,644 shares of DraftKings.

Ark Space Exploration & Innovation ETF (NYSEARCA: ARKX) is primarily focused on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $63.3 million. Trades worth noting in this fund: Buy 72,012 shares of Blade Air Mobility & Buy 61,624 shares of Palantir.

Check out all the Buys here:

Fund	Direction	Ticker	Company	Shares
ARKF	Buy	Z	ZILLOW GROUP INC	113,686
ARKF	Buy	TWLO	TWILIO INC	25,974
ARKF	Buy	PATH	UIPATH INC	61,075
ARKF	Buy	PLTR	PALANTIR TECHNOLOGIES INC	375,968
ARKF	Buy	STNE	STONECO LTD	353,803
ARKG	Buy	SMFR	SEMA4 HOLDINGS CORP	569,288
ARKG	Buy	SGFY	SIGNIFY HEALTH INC	784,785
ARKG	Buy	QSI	QUANTUM-SI INC	1,210,607
ARKG	Buy	ZY	ZYMERGEN INC	86,136
ARKG	Buy	BLI	BERKELEY LIGHTS INC	92,618
ARKG	Buy	SRNG	SOARING EAGLE ACQUISITION CORP	55,000
ARKK	Buy	PD	PAGERDUTY INC	65,000
ARKK	Buy	NVTA	INVITAE CORP	448,607
ARKK	Buy	NTLA	INTELLIA THERAPEUTICS INC	76,862
ARKK	Buy	SGFY	SIGNIFY HEALTH INC	228,429
ARKK	Buy	FATE	FATE THERAPEUTICS INC	65,163
ARKK	Buy	EXAS	EXACT SCIENCES CORP	244,663
ARKK	Buy	SRNG	SOARING EAGLE ACQUISITION CORP	150,000
ARKK	Buy	CRSP	CRISPR THERAPEUTICS AG	17,000
ARKK	Buy	BLI	BERKELEY LIGHTS INC	136,415
ARKK	Buy	BEAM	BEAM THERAPEUTICS INC	47,547
ARKK	Buy	PLTR	PALANTIR TECHNOLOGIES INC	1,086,826
ARKQ	Buy	SPFR	JAWS SPITFIRE ACQUISITION CORP	22,000
ARKQ	Buy	MKFG	MARKFORGED HOLDING CORP	97,989
ARKQ	Buy	AVAV	AEROVIRONMENT INC	28,400
ARKW	Buy	VCYT	VERACYTE INC	60,325
ARKW	Buy	PLTR	PALANTIR TECHNOLOGIES INC	1,051,051
ARKW	Buy	LPSN	LIVEPERSON INC	38,463
ARKW	Buy	KVSB	KHOSLA VENTURES ACQUISITION CO II	27,474
ARKW	Buy	DKNG	DRAFTKINGS INC	210,644
ARKX	Buy	BLDE	BLADE AIR MOBILITY INC	72,012
ARKX	Buy	PLTR	PALANTIR TECHNOLOGIES INC	61,624

Catherine Wood, the CEO and CIO of ARK Investment Management LLC, is a minority and nonvoting shareholder of 24/7 Wall St., owner of a673b.bigscoots-temp.com.

The Average American Is Losing Their Savings Every Day (Sponsor)

If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4% today, and inflation is much higher. Checking accounts are even worse.

Every day you don’t move to a high-yield savings account that beats inflation, you lose more and more value.

But there is good news. To win qualified customers, some accounts are paying 9-10x this national average. That’s an incredible way to keep your money safe, and get paid at the same time. Our top pick for high yield savings accounts includes other one time cash bonuses, and is FDIC insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes and your money could be working for you.