Cathie Wood’s ARK Invest Buys Nearly 500,000 Shares of Buffett-Backed Brazilian Fintech

By Chris Lange Published Dec 21, 8:05AM EST

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Cathie Wood’s ARK Invest Buys Nearly 500,000 Shares of Buffett-Backed Brazilian Fintech — © Rmcarvalho / iStock via Getty Images

One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought nearly 500,000 shares of Buffett-backed Brazilian fintech company Nu Holdings Ltd. (NYSE: NU) on Monday. The price of this ETF pulled back nearly 3% in Monday’s session, and it is down a fair amount in the past year.
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It was the ARK Fintech Innovation ETF (NYSEARCA: ARKF) that added 488,270 shares of Nu Holdings. At Monday’s closing price, this would have valued this purchase at roughly $4.4 million. This is only a small fraction of the total holdings. The ETF is down roughly 22% in the past year.
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Check out all of ARK Invest’s buys for Monday:

Fund	Ticker	Name	Shares
ARKF	PATH	UIPATH	132,369
ARKF	NU	NU HOLDINGS	488,270
ARKF	SE	SEA	21,410
ARKF	SQ	SQUARE	27,359
ARKF	DKNG	DRAFTKINGS	55,400
ARKF	HOOD	ROBINHOOD MARKETS	62,500
ARKF	DSYSJ	DISCOVERY	67,614
ARKG	NRIX	NURIX THERAPEUTICS	16,628
ARKK	TDOC	TELADOC HEALTH	29,000
ARKK	TWOU	2U	67,500
ARKQ	XPEV	XPENG	31,178
ARKQ	BLDE	BLADE AIR MOBILITY	35,039
ARKQ	NIU	NIU TECHNOLOGIES	9,279
ARKQ	MTLS	MATERIALISE	1,500
ARKW	SHOP	SHOPIFY	5,303
ARKW	SE	SEA	32,798
ARKW	EDR	ENDEAVOR GROUP	22,085
ARKX	MYNA	MYNARIC	2,100

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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About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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