us and china trade war

What Did ARK Invest Buy This Week? 07/16

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

FundDateDirectionTickerCompanyShares
ARKG07/15/2021BuyRPTXREPARE THERAPEUTICS INC39,887
ARKG07/15/2021BuyVERVVERVE THERAPEUTICS INC60,256
ARKG07/15/2021BuyFATEFATE THERAPEUTICS INC152,712
ARKG07/15/2021BuySGFYSIGNIFY HEALTH INC36,732
ARKG07/15/2021BuyQSIQUANTUM-SI INC347,305
ARKK07/15/2021BuyCOINCOINBASE GLOBAL INC69,172
ARKK07/15/2021BuyEXASEXACT SCIENCES CORP224,559
ARKK07/15/2021BuyUUNITY SOFTWARE INC354,919
ARKQ07/15/2021BuyKTOSKRATOS DEFENSE & SECURITY SOLUTIONS INC91,585
ARKQ07/15/2021BuyMKFGMARKFORGED HOLDING CORP3,523
ARKQ07/15/2021BuyPATHUIPATH INC47,349
ARKW07/15/2021BuyCNDCONCORD ACQUISITION CORP468,289
ARKW07/15/2021BuyKVSBKHOSLA VENTURES ACQUISITION CO II793,065
ARKW07/15/2021BuyPATHUIPATH INC95,058
ARKX07/15/2021BuyPATHUIPATH INC9,612
ARKF07/14/2021BuyFTCHFARFETCH LTD77,832
ARKG07/14/2021BuyVERVVERVE THERAPEUTICS INC80,425
ARKG07/14/2021BuyEXASEXACT SCIENCES CORP82,938
ARKG07/14/2021BuyFATEFATE THERAPEUTICS INC70,126
ARKG07/14/2021BuySGFYSIGNIFY HEALTH INC99,674
ARKG07/14/2021BuyRPTXREPARE THERAPEUTICS INC201,765
ARKG07/14/2021BuyPATHUIPATH INC85,836
ARKG07/14/2021BuyQSIQUANTUM-SI INC182,566
ARKK07/14/2021BuyCOINCOINBASE GLOBAL INC155,892
ARKK07/14/2021BuyPATHUIPATH INC350,275
ARKK07/14/2021BuyUUNITY SOFTWARE INC95,893
ARKQ07/14/2021BuyKTOSKRATOS DEFENSE & SECURITY SOLUTIONS INC133,700
ARKW07/14/2021BuyMELIMERCADOLIBRE INC11,712
ARKW07/14/2021BuyKVSBKHOSLA VENTURES ACQUISITION CO II682,700
ARKW07/14/2021BuyCOINCOINBASE GLOBAL INC50,518
ARKW07/14/2021BuyCNDCONCORD ACQUISITION CORP490,190
ARKW07/14/2021BuyUUNITY SOFTWARE INC42,765
ARKF07/13/2021BuyFTCHFARFETCH LTD243,250
ARKG07/13/2021BuyVERVVERVE THERAPEUTICS INC128,307
ARKG07/13/2021BuySGFYSIGNIFY HEALTH INC123,187
ARKG07/13/2021BuyRXRXRECURSION PHARMACEUTICALS INC91,747
ARKG07/13/2021BuyQSIQUANTUM-SI INC281,276
ARKG07/13/2021BuyPATHUIPATH INC59,378
ARKG07/13/2021BuyMASS908 DEVICES INC73,659
ARKK07/13/2021BuyPATHUIPATH INC107,016
ARKQ07/13/2021BuyKTOSKRATOS DEFENSE & SECURITY SOLUTIONS INC103,262
ARKQ07/13/2021BuyPATHUIPATH INC45,510
ARKW07/13/2021BuyCNDCONCORD ACQUISITION CORP352,545
ARKW07/13/2021BuyCOINCOINBASE GLOBAL INC27,844
ARKW07/13/2021BuyDKNGDRAFTKINGS INC175,387
ARKW07/13/2021BuyKVSBKHOSLA VENTURES ACQUISITION CO II475,422
ARKW07/13/2021BuyMELIMERCADOLIBRE INC15,797
ARKW07/13/2021BuyPATHUIPATH INC90,448
ARKX07/13/2021BuyPATHUIPATH INC9,458
ARKF07/12/2021BuyFTCHFARFETCH LTD75,608
ARKG07/12/2021BuyVERVVERVE THERAPEUTICS INC24,634
ARKG07/12/2021BuySGFYSIGNIFY HEALTH INC9,412
ARKG07/12/2021BuyPATHUIPATH INC149,800
ARKG07/12/2021BuyRXRXRECURSION PHARMACEUTICALS INC22,859
ARKG07/12/2021BuyRPTXREPARE THERAPEUTICS INC29,219
ARKK07/12/2021BuyPATHUIPATH INC273,476
ARKQ07/12/2021BuyKTOSKRATOS DEFENSE & SECURITY SOLUTIONS INC22,828
ARKW07/12/2021BuySPOTSPOTIFY TECHNOLOGY SA9,058
ARKW07/12/2021BuyKVSBKHOSLA VENTURES ACQUISITION CO II110,200
ARKW07/12/2021BuyDKNGDRAFTKINGS INC137,133
ARKW07/12/2021BuyCOINCOINBASE GLOBAL INC22,406
ARKW07/12/2021BuyCNDCONCORD ACQUISITION CORP3,800
ARKW07/12/2021BuyZMZOOM VIDEO COMMUNICATIONS INC48,400
ARKG07/09/2021BuyQSIQUANTUM-SI INC28,643
ARKG07/09/2021BuyRPTXREPARE THERAPEUTICS INC6,639
ARKG07/09/2021BuyRXRXRECURSION PHARMACEUTICALS INC65,737
ARKG07/09/2021BuySGFYSIGNIFY HEALTH INC58,914
ARKK07/09/2021BuyPATHUIPATH INC247,130

MyWallSt operates a full disclosure policy. MyWallSt staff currently holds long positions in companies mentioned above. Read our full disclosure policy here