This article first appeared on GuruFocus.
Cathie Wood’s ARK Invest adjusted its portfolio last week, showing renewed focus on AI chipmakers, gene-editing firms, and autonomous-vehicle companies.
The firm increased stakes in Advanced Micro Devices (NASDAQ:AMD), Broadcom (AVGO), and Taiwan Semiconductor Manufacturing (NYSE:TSM), signaling confidence in companies powering AI infrastructure.
Autonomous technology remained a key focus, with purchases including WeRide (NASDAQ:WRD), Pony AI (NASDAQ:PONY), Kodiak Robotics (KDK), BYD Company (BYDDF), and Trimble (TRMB). ARK also invested in Oklo (NYSE:OKLO), Klarna Group (KLAR), and Deere & Co. (NYSE:DE).
On the selling side, ARK reduced exposure to Tesla (NASDAQ:TSLA), Unity Software (U), Teradyne (TER), Kratos Defense & Security Solutions (KTOS), and several mature tech names, reallocating capital to companies driving next-generation innovation.