On November 6th, ARK Invest, a subsidiary of Kathy Wood (Cathie Wood), released its trading records for November 5th. The records show that the company made significant adjustments to its holdings in technology stocks, significantly reducing its position in Broadcom (Broadcom) and CoreWeave, while increasing its holdings in NVIDIA, SpaceX, and Cerebras. Specifically, ARK sold a total of 410,559 shares of Broadcom through several of its ETF accounts, with a transaction amount of approximately $134 million, which was the largest transaction of the day.
On the buying side, ARK acquired 393,774 shares of SpaceX ( SPCX ) stock, worth approximately $53.52 million. It is noteworthy that ARK had just sold 348,406 shares of SpaceX stock on the previous trading day, realizing about $49.23 million in cash. This purchase means that the company has once again increased its holdings of SpaceX within a single day. In addition, ARK also bought 252,592 shares of NVIDIA stock, worth about $50.55 million, as well as 196,897 shares of Cerebras Systems stock, worth about $18.08 million.
In other reduction transactions, ARK sold 412,666 shares of AI, a computing power service provider, worth approximately $19.98 million, and continued to reduce its holdings in the cryptocurrency trading platform Bullish, selling 109,522 shares worth about $2.53 million.
In addition, ARK also made a small increase in its holdings of AMD, Alphabet, and Coinbase, while reducing its holdings in companies such as Eli Lilly and TSMC. Overall, during this period of significant decline in tech stocks, ARK reduced its positions in companies like Broadcom and CoreWeave, and increased its investments in NVIDIA, SpaceX, and Cerebras.












