Some ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge purchases on Monday. In particular, four funds bought over 2.5 million shares altogether of Palantir Technologies Inc. (NYSE: PLTR), as moves in the prices of these funds dropped on the day. Note that these ETFs are up a fair amount in the past year.
Specifically, the following funds purchased shares of Palantir:
- ARK Fintech Innovation ETF (NYSEARCA: ARKF): 375,968 shares
- ARK Innovation ETF (NYSEARCA: ARKK): 1,086,826 shares
- ARK Next Generation Internet ETF (NYSEARCA: ARKW): 1,051,051 shares
- ARK Space Exploration & Innovation ETF (NYSEARCA: ARKX): 61,624 shares.
At Monday’s closing price, this would have valued all these purchases at more than $63.1 million. Even though this is a small fraction of the total holdings, every little bit counts. These funds are up between 39% and 49% in the past year.
Here’s a look at all of ARK Invest’s purchases on Monday, including Palantir:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKF | Z | ZILLOW GROUP INC | 113,686 |
| ARKF | TWLO | TWILIO INC | 25,974 |
| ARKF | PATH | UIPATH INC | 61,075 |
| ARKF | PLTR | PALANTIR TECHNOLOGIES INC | 375,968 |
| ARKF | STNE | STONECO LTD | 353,803 |
| ARKG | SMFR | SEMA4 HOLDINGS CORP | 569,288 |
| ARKG | SGFY | SIGNIFY HEALTH INC | 784,785 |
| ARKG | QSI | QUANTUM-SI INC | 1,210,607 |
| ARKG | ZY | ZYMERGEN INC | 86,136 |
| ARKG | BLI | BERKELEY LIGHTS INC | 92,618 |
| ARKG | SRNG | SOARING EAGLE ACQUISITION CORP | 55,000 |
| ARKK | PD | PAGERDUTY INC | 65,000 |
| ARKK | NVTA | INVITAE CORP | 448,607 |
| ARKK | NTLA | INTELLIA THERAPEUTICS INC | 76,862 |
| ARKK | SGFY | SIGNIFY HEALTH INC | 228,429 |
| ARKK | FATE | FATE THERAPEUTICS INC | 65,163 |
| ARKK | EXAS | EXACT SCIENCES CORP | 244,663 |
| ARKK | SRNG | SOARING EAGLE ACQUISITION CORP | 150,000 |
| ARKK | CRSP | CRISPR THERAPEUTICS AG | 17,000 |
| ARKK | BLI | BERKELEY LIGHTS INC | 136,415 |
| ARKK | BEAM | BEAM THERAPEUTICS INC | 47,547 |
| ARKK | PLTR | PALANTIR TECHNOLOGIES INC | 1,086,826 |
| ARKQ | SPFR | JAWS SPITFIRE ACQUISITION CORP | 22,000 |
| ARKQ | MKFG | MARKFORGED HOLDING CORP | 97,989 |
| ARKQ | AVAV | AEROVIRONMENT INC | 28,400 |
| ARKW | VCYT | VERACYTE INC | 60,325 |
| ARKW | PLTR | PALANTIR TECHNOLOGIES INC | 1,051,051 |
| ARKW | LPSN | LIVEPERSON INC | 38,463 |
| ARKW | KVSB | KHOSLA VENTURES ACQUISITION CO II | 27,474 |
| ARKW | DKNG | DRAFTKINGS INC | 210,644 |
| ARKX | BLDE | BLADE AIR MOBILITY INC | 72,012 |
| ARKX | PLTR | PALANTIR TECHNOLOGIES INC | 61,624 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
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