The star stock-picker's fund bought about 165,000 American Depositary Receipts in the e-commerce group on Monday.
Jeremy Grantham, Bill Miller, Charlie Munger, and Steve Cohen's portfolios were potentially hit by Alibaba's plunging stock price as well.
Burry's Scion Asset Management bought more bearish put options on Tesla stock and revealed puts on Wood's Ark Innovation ETF.
With 21.58 million shares sold short as of Friday, the bet against ARK Invest's Disruptive Innovation ETF now totals $2.6 billion.
Ark Invest first began purchasing shares of the Ginkgo Bioworks SPAC on August 3 and now owns 14.5 million shares worth about $150 million.
Ark Invest's Cathie Wood said last year that the next "FANG" stocks would likely come from the gene editing space.
"21Shares is forging a new path for crypto ETPs," Wood told Bloomberg about her new position on the board of Amun Holdings.
Of the $28 billion in fund inflows into the ARK ETFs, only $1.1 billion can be attributed to retail investors, Vanda Research said.
The Ark Innovation ETF, Ark Fintech Innovation ETF, and Ark Next Generation ETF scooped up a total of 749,205 Coinbase shares.
In the latest sign of Cathie Wood-mania, investors poured a near-record $464 million back into her innovation ETF as tech stocks were getting slammed.
Roblox surged as much as 10% on Thursday as post-debut momentum and Ark's investment boosted bullishness toward the stock.
The ARK Innovation ETF saw near-record inflows of $464 million on Friday, signalling that investors were willing to buy the near 20% dip in the ETF.
The definitive collection of the best investing stories Business Insider published during the week ended February 27.
Cathie Wood is sticking with her high-growth strategy of investing in disruptive companies, evidenced by the recent trading activity of her Ark ETFs.
Ark ETF boss Cathie Wood said her company "bought a lot" of Tesla stock as Elon Musk's car company slumped 13%.
The recent plunge in the bitcoin price is simply a "healthy correction" after a record-breaking rally, superstar investor Cathie Wood said.
"We love the liquidity that this provides us, we think it's very healthy, a very healthy shakeout," Wood said.
"They're on the right side of change when it comes to innovation," Wood said about Tesla and Square during a Wednesday CNBC interview.
ARK bought 2.14 million additional shares in Grayscale's digital-currency investment product, bringing its total holdings to 7.31 million shares.
Virgin Galactic shares surged as much as 16% in premarket trading on Tuesday. The space-tourism group may be added to Ark Investment Management’s planned Space Exploration ETF. The fund manages a total of $US42 billion in ETF products, Bloomberg estimates. Visit Business Insider’s homepage for more stories. Virgin Galactic stock […]
Cathie Wood, founder of Ark Invest, has retained control of her asset management company that focuses on investing in innovative and disruptive companies. Ark’s distributor, Resolute Investment Managers, had sought to exercise an option it acquired in 2016 to purchase a controlling voting and equity interest in the company. ARK […]
A RK Investment Management, a relatively small but extremely vocal supporter of Tesla, has trimmed its stake by 150,000 shares ahead of the company’s earnings report, which will be released on Wednesday. Ren Leggi, the firm’s client portfolio manager, said ARK’s conviction was as strong as ever and that the […]
An investment firm with a $US100 million stake in Tesla is urging Elon Musk to not take the company private. ARK Investment Management says Tesla’s stock price could be worth $US4,000, but will never get there on private markets. Watch Tesla trade in real-time here. ARK Investment Management – which […]
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