Whale Rock's top Q2 moves include SNOW, TWLO buys, RBLX exit, others
MSN·- Whale Rock Capital Management released its latest 13F filing detailing its investment portfolio moves during the second quarter. - The hedge fund established new stakes in Snowflake with 884.7K shares and Twilio with 821.7K shares. - The firm also significantly increased its holdings in Advanced Micro Devices to 1.51M shares from 69.2K shares.Cathie Wood Puts $37 Million Into SpaceX
GuruFocus·- ARK Invest purchased 316,963 shares of SpaceX for approximately $36.9 million across several funds last week. - The acquisitions capitalized on post-earnings market volatility following the company's first public earnings report and subsequent share price fluctuations. - ARK also increased its exposure to AI infrastructure assets like CoreWeave, Nvidia, and Cloudflare while trimming positions in Palantir, Shopify, and Roblox.SPCX, COIN, CRCL, RBLX: Cathie Wood Bets $41.7 Million on SpaceX and Crypto Stocks, Cuts Roblox Stake (August 9)
Tip Ranks·- Cathie Wood's ARK Invest ETFs executed $41.7 million in purchases across SpaceX, Coinbase, and Circle, alongside a $32.5 million investment in Cloudflare. - The firm simultaneously reduced its Roblox stake by selling 1,599,139 shares valued at approximately $57.6 million. - These trades followed strong financial reports, earnings beats, and strategic upgrades across the acquired companies.