While previous weeks have been dominated by Cathie Wood’s crypto talk, it seems that Chinese stocks are now the focal point of ARK’s ire.
After a number of quiet weeks for Cathie Wood’s flagship ARK Innovation ETF (NYSEARCA: ARKK), things appear to be back to normal with an uptake of buys.
While it was business as usual for the fund with the likes of Tesla (NASDAQ: TSLA) and UiPath (NYSE: PATH) getting snatched up, other long-term growth prospects such as Unity (NYSE: U) and Farfetch (NASDAQ: FTCH) also made the cut.
However, it seems that ARK is fed up with Chinese stock following recent regulatory issues that have seen newly-debuted DiDi Globa (NYSE: DIDI), among others, come under scrutiny. Wood said in a seminar this week that the Chinese tech sector was undergoing a “valuation reset”, going on to clarify that: “From a valuation point of view, these stocks have come down and again from a valuation point of view, probably will remain down.”
Read more about ARK’s investments here.
Ark Invest’s buys for the week
| Fund | Date | Direction | Ticker | Company | Shares |
| ARKG | 07/15/2021 | Buy | RPTX | REPARE THERAPEUTICS INC | 39,887 |
| ARKG | 07/15/2021 | Buy | VERV | VERVE THERAPEUTICS INC | 60,256 |
| ARKG | 07/15/2021 | Buy | FATE | FATE THERAPEUTICS INC | 152,712 |
| ARKG | 07/15/2021 | Buy | SGFY | SIGNIFY HEALTH INC | 36,732 |
| ARKG | 07/15/2021 | Buy | QSI | QUANTUM-SI INC | 347,305 |
| ARKK | 07/15/2021 | Buy | COIN | COINBASE GLOBAL INC | 69,172 |
| ARKK | 07/15/2021 | Buy | EXAS | EXACT SCIENCES CORP | 224,559 |
| ARKK | 07/15/2021 | Buy | U | UNITY SOFTWARE INC | 354,919 |
| ARKQ | 07/15/2021 | Buy | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS INC | 91,585 |
| ARKQ | 07/15/2021 | Buy | MKFG | MARKFORGED HOLDING CORP | 3,523 |
| ARKQ | 07/15/2021 | Buy | PATH | UIPATH INC | 47,349 |
| ARKW | 07/15/2021 | Buy | CND | CONCORD ACQUISITION CORP | 468,289 |
| ARKW | 07/15/2021 | Buy | KVSB | KHOSLA VENTURES ACQUISITION CO II | 793,065 |
| ARKW | 07/15/2021 | Buy | PATH | UIPATH INC | 95,058 |
| ARKX | 07/15/2021 | Buy | PATH | UIPATH INC | 9,612 |
| ARKF | 07/14/2021 | Buy | FTCH | FARFETCH LTD | 77,832 |
| ARKG | 07/14/2021 | Buy | VERV | VERVE THERAPEUTICS INC | 80,425 |
| ARKG | 07/14/2021 | Buy | EXAS | EXACT SCIENCES CORP | 82,938 |
| ARKG | 07/14/2021 | Buy | FATE | FATE THERAPEUTICS INC | 70,126 |
| ARKG | 07/14/2021 | Buy | SGFY | SIGNIFY HEALTH INC | 99,674 |
| ARKG | 07/14/2021 | Buy | RPTX | REPARE THERAPEUTICS INC | 201,765 |
| ARKG | 07/14/2021 | Buy | PATH | UIPATH INC | 85,836 |
| ARKG | 07/14/2021 | Buy | QSI | QUANTUM-SI INC | 182,566 |
| ARKK | 07/14/2021 | Buy | COIN | COINBASE GLOBAL INC | 155,892 |
| ARKK | 07/14/2021 | Buy | PATH | UIPATH INC | 350,275 |
| ARKK | 07/14/2021 | Buy | U | UNITY SOFTWARE INC | 95,893 |
| ARKQ | 07/14/2021 | Buy | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS INC | 133,700 |
| ARKW | 07/14/2021 | Buy | MELI | MERCADOLIBRE INC | 11,712 |
| ARKW | 07/14/2021 | Buy | KVSB | KHOSLA VENTURES ACQUISITION CO II | 682,700 |
| ARKW | 07/14/2021 | Buy | COIN | COINBASE GLOBAL INC | 50,518 |
| ARKW | 07/14/2021 | Buy | CND | CONCORD ACQUISITION CORP | 490,190 |
| ARKW | 07/14/2021 | Buy | U | UNITY SOFTWARE INC | 42,765 |
| ARKF | 07/13/2021 | Buy | FTCH | FARFETCH LTD | 243,250 |
| ARKG | 07/13/2021 | Buy | VERV | VERVE THERAPEUTICS INC | 128,307 |
| ARKG | 07/13/2021 | Buy | SGFY | SIGNIFY HEALTH INC | 123,187 |
| ARKG | 07/13/2021 | Buy | RXRX | RECURSION PHARMACEUTICALS INC | 91,747 |
| ARKG | 07/13/2021 | Buy | QSI | QUANTUM-SI INC | 281,276 |
| ARKG | 07/13/2021 | Buy | PATH | UIPATH INC | 59,378 |
| ARKG | 07/13/2021 | Buy | MASS | 908 DEVICES INC | 73,659 |
| ARKK | 07/13/2021 | Buy | PATH | UIPATH INC | 107,016 |
| ARKQ | 07/13/2021 | Buy | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS INC | 103,262 |
| ARKQ | 07/13/2021 | Buy | PATH | UIPATH INC | 45,510 |
| ARKW | 07/13/2021 | Buy | CND | CONCORD ACQUISITION CORP | 352,545 |
| ARKW | 07/13/2021 | Buy | COIN | COINBASE GLOBAL INC | 27,844 |
| ARKW | 07/13/2021 | Buy | DKNG | DRAFTKINGS INC | 175,387 |
| ARKW | 07/13/2021 | Buy | KVSB | KHOSLA VENTURES ACQUISITION CO II | 475,422 |
| ARKW | 07/13/2021 | Buy | MELI | MERCADOLIBRE INC | 15,797 |
| ARKW | 07/13/2021 | Buy | PATH | UIPATH INC | 90,448 |
| ARKX | 07/13/2021 | Buy | PATH | UIPATH INC | 9,458 |
| ARKF | 07/12/2021 | Buy | FTCH | FARFETCH LTD | 75,608 |
| ARKG | 07/12/2021 | Buy | VERV | VERVE THERAPEUTICS INC | 24,634 |
| ARKG | 07/12/2021 | Buy | SGFY | SIGNIFY HEALTH INC | 9,412 |
| ARKG | 07/12/2021 | Buy | PATH | UIPATH INC | 149,800 |
| ARKG | 07/12/2021 | Buy | RXRX | RECURSION PHARMACEUTICALS INC | 22,859 |
| ARKG | 07/12/2021 | Buy | RPTX | REPARE THERAPEUTICS INC | 29,219 |
| ARKK | 07/12/2021 | Buy | PATH | UIPATH INC | 273,476 |
| ARKQ | 07/12/2021 | Buy | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS INC | 22,828 |
| ARKW | 07/12/2021 | Buy | SPOT | SPOTIFY TECHNOLOGY SA | 9,058 |
| ARKW | 07/12/2021 | Buy | KVSB | KHOSLA VENTURES ACQUISITION CO II | 110,200 |
| ARKW | 07/12/2021 | Buy | DKNG | DRAFTKINGS INC | 137,133 |
| ARKW | 07/12/2021 | Buy | COIN | COINBASE GLOBAL INC | 22,406 |
| ARKW | 07/12/2021 | Buy | CND | CONCORD ACQUISITION CORP | 3,800 |
| ARKW | 07/12/2021 | Buy | ZM | ZOOM VIDEO COMMUNICATIONS INC | 48,400 |
| ARKG | 07/09/2021 | Buy | QSI | QUANTUM-SI INC | 28,643 |
| ARKG | 07/09/2021 | Buy | RPTX | REPARE THERAPEUTICS INC | 6,639 |
| ARKG | 07/09/2021 | Buy | RXRX | RECURSION PHARMACEUTICALS INC | 65,737 |
| ARKG | 07/09/2021 | Buy | SGFY | SIGNIFY HEALTH INC | 58,914 |
| ARKK | 07/09/2021 | Buy | PATH | UIPATH INC | 247,130 |
MyWallSt operates a full disclosure policy. MyWallSt staff currently holds long positions in companies mentioned above. Read our full disclosure policy here.