Cathie Wood’s ARK Invest Buys Nearly 1.2 Million Shares of DraftKings

By Chris Lange Published Jan 5, 9:55AM EST

Follow 24/7 Wall St. on Google

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Cathie Wood’s ARK Invest Buys Nearly 1.2 Million Shares of DraftKings — © Fayethequeen / iStock via Getty Images

One of the ARK exchange-traded funds run by ETF star Cathie Wood made a huge purchase on Tuesday. It added more than 1.2 million shares of DraftKings Inc. (NASDAQ: DKNG | DKNG Price Prediction), as the price of this ETF lost around 4% on the day. Note that this ETF is down significantly over the past year.
[in-text-ad]
ARK Innovation ETF (NYSEARCA: ARKK) bought 1,185,460 shares of DraftKings. At Tuesday’s closing price, this would have valued this purchase at roughly $31.6 million. Even though this is a small fraction of the total holdings, every little bit counts. The ETF is down 27% in the past year.
[nativounit]
Check out all of ARK Invest’s buys for Tuesday:

Fund	Ticker	Name	Shares
ARKF	HOOD	ROBINHOOD MARKETS	462,613
ARKF	TOST	TOAST	32,000
ARKF	TDOC	TELADOC HEALTH	29,000
ARKF	SE	SEA	26,706
ARKG	VCYT	VERACYTE	69,015
ARKG	SURF	SURFACE ONCOLOGY	61,005
ARKG	SGFY	SIGNIFY HEALTH	51,500
ARKG	RXRX	RECURSION PHARMACEUTICALS	81,063
ARKG	PSNL	PERSONALIS	29,469
ARKG	ONEM	1LIFE HEALTHCARE	176,830
ARKG	NVTA	INVITAE	80,000
ARKG	BNR	BURNING ROCK BIOTECH	62,542
ARKG	CGEN	COMPUGEN	23,216
ARKG	MASS	908 DEVICES	102,840
ARKG	NTLA	INTELLIA THERAPEUTICS	22,910
ARKK	TWOU	2U	43,000
ARKK	SQ	SQUARE	304,356
ARKK	RBLX	ROBLOX	332,950
ARKK	NVTA	INVITAE	32,000
ARKK	NTLA	INTELLIA THERAPEUTICS	72,829
ARKK	SSYS	STRATASYS	53,000
ARKK	DKNG	DRAFTKINGS	1,185,460
ARKK	BLI	BERKELEY LIGHTS	4,800
ARKQ	MTLS	MATERIALISE	12,718
ARKQ	PATH	UIPATH	72,283
ARKQ	PLTR	PALANTIR TECHNOLOGIES	189,611
ARKQ	VUZI	VUZIX	123,974
ARKQ	VLD	VELO3D	156,690
ARKW	KIND	NEXTDOOR	438,781
ARKW	NET	CLOUDFLARE	5,531
ARKW	SE	SEA	93,630
ARKW	VCYT	VERACYTE	43,772
ARKX	AVAV	AEROVIRONMENT	6,882
ARKX	MKFG	MARKFORGED	78,532

Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., owner of a673b.bigscoots-temp.com.
[recirclink id=1023855][wallst_email_signup]

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.

Continue Reading

Cathie Wood’s ARK Invest Buys for 1/4

Chris Lange | Jan 4, 2022 at 8:46 PM EST

Cathie Wood’s ARK Invest Buys for 1/4

Here's a look at what the ARK Invest exchange-traded funds bought on January 4, 2022.

Cathie Wood’s ARK Invest Buys Over 750,000 Shares of Ginkgo Bioworks

Chris Lange | Dec 15, 2021 at 8:05 AM EST

Cathie Wood’s ARK Invest Buys Over 750,000 Shares of Ginkgo Bioworks

One of Cathie Wood's ARK Invest exchange-traded funds bought over 750,000 shares of Ginkgo Bioworks on December 14.

Chris Lange | Aug 17, 2021 at 8:15 AM EDT

Cathie Wood’s ARK Invest Buys Over 2.5 Million Shares of Palantir

A few of Cathie Wood's ARK Invest funds bought over 2.5 million shares altogether of Palantir on August 16.

Cathie Wood’s ARK Invest Buys Over 1.3 Million Shares of This Health Information Company

Chris Lange | Aug 18, 2021 at 8:15 AM EDT

Cathie Wood’s ARK Invest Buys Over 1.3 Million Shares of This Health Information Company

One of Cathie Wood's ARK Invest funds bought over 1.3 shares of Sema4 on August 17.

Cathie Wood’s ARK Invest Buys Over 390,000 Shares of DraftKings

Chris Lange | Sep 29, 2021 at 8:45 AM EDT

Cathie Wood’s ARK Invest Buys Over 390,000 Shares of DraftKings

One of Cathie Wood's Ark Invest exchange-traded funds bought over 390,000 shares of DraftKings on September 28.

Cathie Wood’s ARK Invest Buys Over 800,000 Shares of Signify Health

Chris Lange | Aug 12, 2021 at 8:40 AM EDT

Cathie Wood’s ARK Invest Buys Over 800,000 Shares of Signify Health

One of Cathie Wood's ARK Invest funds bought over 800,000 shares of Signify Health on August 11.

Cathie Wood’s ARK Invest Buys Nearly 825,000 Shares of Butterfly Network

Chris Lange | Nov 16, 2021 at 8:15 AM EST

Cathie Wood’s ARK Invest Buys Nearly 825,000 Shares of Butterfly Network

One of Cathie Wood's ARK Invest exchange-traded funds bought roughly 825,000 shares of Butterfly Network on November 15.

Cathie Wood’s ARK Invest Buys Over 180,000 Shares of Pfizer

Chris Lange | Sep 8, 2021 at 7:15 AM EDT

Cathie Wood’s ARK Invest Buys Over 180,000 Shares of Pfizer

One of Cathie Wood's ARK Invest exchange-traded funds bought over 180,000 shares of Pfizer on September 7.

Cathie Wood’s ARK Invest Buys Nearly $7 Million Worth of Amazon Stock

Chris Lange | Oct 26, 2021 at 7:25 AM EDT

Cathie Wood’s ARK Invest Buys Nearly $7 Million Worth of Amazon Stock

One of Cathie Wood's Ark Invest exchange-traded funds purchased nearly $7 million worth of shares of Amazon on October 25.

Top Gaining Stocks

Cboe Global Markets

CBOE • Vol: 1,568,143

+$26.87

+8.95%

$326.96

New Pluto Global

PSKY • Vol: 12,285,993

+$0.85

+8.30%

$11.09

Seagate Technology

STX • Vol: 7,378,346

+$53.29

+7.91%

$726.93

Oracle

ORCL • Vol: 26,317,675

+$10.44

+6.47%

$171.83

Datadog

DDOG • Vol: 6,247,779

+$8.34

+6.31%

$140.53

Top Losing Stocks

LKQ

LKQ • Vol: 4,367,433

-$3.07

9.72%

$28.51

Clorox

CLX • Vol: 13,260,523

-$9.33

9.67%

$87.11

Stryker

SYK • Vol: 4,519,455

-$20.40

6.47%

$294.73

Mohawk Industries

MHK • Vol: 1,859,865

-$5.63

5.33%

$99.93

Amgen

AMGN • Vol: 3,818,618

-$16.43

4.75%

$329.82