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/Director
ARK had 19 transactions on March 31, including 2 larger transactions, namely buying $77 million UiPath and selling $41 million Tesla, which was the third consecutive day that Wood Sister sold Tesla.
From last Friday to yesterday, Wood Sister has accumulated about $250 million in Tesla, and the company announced its stock split plan on Friday, closing more than 8% on the day.
It is also worth mentioning that ARK has bought Burning Stone (BNR) for 8 consecutive trading days.
The trading highlights of the day are as follows:
Source: Huasheng Information
Buy
1. Increased its holdings in UiPath (PATH), a robotic process automation (RPA) company, by about 3.474 million shares, costing about $77 million. On March 31, Canaccord analyst David Hynes lowered uipath's target price from $55 to $30 and maintained its holding rating on the stock. The analyst said the downward revision reflects the company's lower-than-expected 2023 growth forecast, which takes into account the suspension of business in Russia, foreign exchange resistance, macro uncertainty related to geopolitics and rising interest rates, and the internal disruptions that could result from changes in sales leadership.
2. Added about 3.85 million shares of biotech company Ginkgo Bioworks (DNA) at a cost of about $16 million. On March 29, Ginkgo Bioworks announced financial results, showing that the company's fiscal 2021 annual report attributable to the parent company's common shareholders net profit was -1.83 billion US dollars; operating income was 314 million US dollars.
3. Buy about 223,000 shares of DNA synthesis company Twist Bioscience (TWST).
Sell
1. Reduced its holdings in Tesla (TSLA) by about 37,000 shares and cashed out about $41 million. According to the news on April 1, the number of insurance shows that the domestic mainstream luxury car sales in February totaled 211,900 units, and Tesla ranked fourth with 24,184 vehicles, ranking behind Mercedes-Benz, Audi and BMW.
2. Sold about 58,000 shares of Forte Pharmaceutical (VRTX), involving about $15 million.
3. About 79,000 shares of TWTR. On March 24, Twitter announced insider trading: Kaiden Robert, an executive of the company, bought a net of 106,000 shares on March 22, 2022.
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.