The Director said
The U.S. Stock Intelligence Bureau will update the ARK transaction tracking every business day;
Mainly share the trading details of the day and analyze the recent performance of key stocks;
If ARK has a heavy sudden action, the director will also share it with everyone in time.
Sister Wood is not a god, but ARK is a high performer in the 2020 US fund; I hope that everyone can get a faster and more comprehensive investment dry goods >> at the US Stock Intelligence Agency
ARK Transaction Tracking
Edit: Travis
ARK had 13 trades on March 30, including 2 larger deals, buying for Twist Bioscience and Coinbase.
ARK has bought Coinbase and BYD (ADR) for 4 consecutive trading days, of which it has spent about $120 million to buy Coinbase; it has bought Adaptive Biotechnologies (ADPT) and Burning Stone (BNR) for 7 consecutive trading days, but the amount spent is still small.
In terms of selling transactions, ARK's situation is consistent with the previous day, and it is still a reduction in Tesla and AeroVironment.
The trading highlights of the day are as follows:
Source: Huasheng Information
Buy
1. Increased holdings of DNA synthesis company Twist Bioscience (TWST) by about 496,000 shares, costing about $25 million. On February 9, Twist Bioscience announced its financial report, which showed that the company's net profit attributable to common shareholders of the parent company in the first fiscal quarter of fiscal 2022 was -45.563 million US dollars, down 38.49% year-on-year; operating income was 42.018 million US dollars, up 49.21% year-on-year.
2. Added about 96,000 shares of cryptocurrency trading platform Coinbase Global (COIN) at a cost of about $20 million. On March 18, Jim Chanos, founder of Kynikos Associates, an investment fund focused on short selling, said he was currently shorting Coinbase. He noted that Coinbase may not be profitable this year. In addition, increasing competition in the crypto industry means that the company's final profits could fall.
3. Buy 221,000 proteomics companies Somalogic (SLGC). On March 29, SomaLogic announced its financial results, showing that the company's annual report net profit attributable to common shareholders of the parent company for fiscal 2021 was -87.547 million US dollars, compared with about -53 million US dollars in the same period last year; operating income was 81.626 million US dollars, an increase of 46.1% year-on-year.
Sell
1. Reduced holdings of Tesla (TSLA) by 2978 shares. An analysis by U.S. automotive media Electrek found that the production capacity of many Tesla models was close to being sold out by the end of 2022, and there was a large backlog of orders, especially the Model Y. After the recent price increase, the long-range Model Y is currently priced at $58,000, and orders are now expected to be delivered in January 2023. Tesla could offer faster delivery times for orders with more customization options, which will still be delayed until the second half of 2022. It is reported that the Model 3 seems to have been sold out for three months in the United States, similar to the situation of the Model Y.
2. Sell 7298 shares of drone manufacturer AeroVironment (AVAV).
Introduction to the ARK Fund
ARK Investments is one of the most beautiful investment firms in the US market in the past year, and its founder and fund manager, Ms. Catherine Wood, has been hailed by countless investors as a tech stock goddess.
Image source: Public Network
Founded in 2014 by Cathie Wood, ARK focuses on investing in opportunities for "disruptive innovation", namely genetic technology, robotics, artificial intelligence, energy storage and blockchain technology. ARK's main ETF, ARKK, has outperformed the NASDAQ index by about 136% since its inception. In January this year, the ARK series of funds won more funds than traditional investment management giants BlackRock and State Street. At present, ARK adheres to the strategy of "buying growth mid-cap stocks and selling value large-cap stocks". The ARK Fund is the ninth largest ETF issuer in the world.
ARK's six active ETFs are
ARKQ (Autonomous Technology and Robotics): This fund invests in companies that develop business in autonomous transportation, robotics, automation, 3D printing, energy storage, space exploration, etc. The fund generally contains 30-50 stocks. The market capitalization at the end of March 2021 was about $3.34 billion.
ARKF (FinTech Innovation): The fund mainly invests in companies in trading innovation, blockchain technology, risk transformation, frictionless funding platform, customer-facing platform, and new intermediaries. The fund generally contains 30-50 stocks. The market capitalization at the end of March 2021 was about $3.88 billion.
ARKW (Next Generation Internet): This fund invests primarily in companies in cloud computing and cybersecurity, e-commerce, big data and artificial intelligence, IoT and mobile technologies, social platforms, blockchain and P2P technologies. The Fund generally contains 35-50 stocks. The market capitalization at the end of March 2021 was about $7.15 billion.
ARKG (Genomic Revolution): This fund invests primarily in companies in Crispr, gene editing technologies, targeted research therapies, bioinformatics, molecular diagnostics, stem cells, and agricultural biology. The fund generally contains 30-50 stocks. The market capitalization at the end of March 2021 was about $9.49 billion.
ARKK (Disruptive Innovation): This stock is a combination of four other active ETFs and the largest ETF by market capitalization. The Fund generally contains 35-55 stocks. The market capitalization at the end of March 2021 was about $21.02 billion.
ARKX (Space Exploration): The ETF was officially listed and traded on March 30, and mainly invests in orbital and suborbital space stocks, promotion technology stocks and space benefit stocks.