Cathie Wood’s ARK Invest Buys Over 630,000 Shares of Palantir

By Chris Lange Published Jan 11, 7:40AM 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.

A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge purchase on Monday. Specifically, these funds bought over 630,000 shares of Palantir Technologies Inc. (NASDAQ: PLTR | PLTR Price Prediction) altogether, as the price of these ETFs were down on the day. Note that they are down a fair amount in the past year.
[in-text-ad]
ARK Innovation ETF (NYSEARCA: ARKK) bought 43,400 shares of Palantir and ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) bought 591,571 shares. At Monday’s closing price, this would have valued these purchases at roughly $10.5 million. Even though this is a small fraction of the total holdings, every little bit counts. The innovation fund is down 38% in the past year and the other is down 13%.
[nativounit]
Check out all of ARK Invest’s purchases for Monday as well:

Fund	Ticker	Name	Shares
ARKF	COIN	COINBASE GLOBAL	57,223
ARKF	PATH	UIPATH	242,567
ARKF	TWLO	TWILIO	41,304
ARKF	SE	SEA	49,913
ARKF	HOOD	ROBINHOOD MARKETS	298,961
ARKF	DKNG	DRAFTKINGS	176,579
ARKF	TDOC	TELADOC HEALTH	13,200
ARKF	SQ	BLOCK	6,600
ARKG	EXAS	EXACT SCIENCES	49,498
ARKG	TDOC	TELADOC HEALTH	31,800
ARKG	NRIX	NURIX THERAPEUTICS	61,324
ARKG	BNR	BURNING ROCK BIOTECH	54,800
ARKG	DNA	GINKGO BIOWORKS	50,000
ARKG	NVTA	INVITAE	21,900
ARKG	QSI	QUANTUM-SI	9,614
ARKK	COIN	COINBASE GLOBAL	86,295
ARKK	TDOC	TELADOC HEALTH	101,100
ARKK	DNA	GINKGO BIOWORKS	269,581
ARKK	SQ	BLOCK	11,910
ARKK	NVTA	INVITAE	69,400
ARKK	PLTR	PALANTIR TECHNOLOGIES	43,400
ARKK	HOOD	ROBINHOOD MARKETS	21,000
ARKQ	PATH	UIPATH	409,351
ARKQ	TSP	TUSIMPLE	401,538
ARKQ	PLTR	PALANTIR TECHNOLOGIES	591,571
ARKQ	AVAV	AEROVIRONMENT	18,583
ARKQ	XPEV	XPENG	14,859
ARKQ	DDD	3D SYSTEMS	30,015
ARKQ	SSYS	STRATASYS	23,800
ARKQ	MKFG	MARKFORGED	47,455
ARKW	TDOC	TELADOC HEALTH	23,400
ARKW	VUZI	VUZIX	117,333
ARKX	PATH	UIPATH	28,137

Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
[recirclink id=1026938][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.