Cathie Wood’s ARK Investment Management disclosed fresh portfolio moves on Monday, showing selling in Tesla TSLA and new buying across crypto-linked names.
ARK sold about 125,000 shares of Tesla, extending a trimming trend seen late last week. The sale came as Tesla shares climbed about 3.5% on Monday, supported by renewed investor interest in autonomous-driving progress.
On the buying side, ARK added to its cryptocurrency exposure. The firm bought roughly 65,000 shares of Coinbase Global COIN, even as the stock slid about 6% in Monday trading amid broader weakness in crypto-related equities.
ARK also took a larger position in Bitmine Immersion Technologies (BMNR), purchasing more than 550,000 shares. The move points to continued interest in bitcoin mining and blockchain infrastructure.
Additional buys included CoreWeave CRWV and Circle Internet Group CRCL, adding exposure to AI computing and digital payments.
Elsewhere, ARK reduced smaller positions. The firm sold shares of Shopify SHOP and SoFi Technologies SOFI, suggesting selective profit-taking and rebalancing.
