Cathie Wood's weekly recap: builds Tesla, crypto positions; pares Roku, China tech
Complete. Here is the key summaryARK Invest's Cathie Wood increased positions in AI infrastructure, digital assets, and fintech last week, with significant buys in Recursion Pharmaceuticals. Conversely, the firm reduced exposure to streaming services, genomics tools, and select China tech holdings, including trimming Roku.
ARK Invest's trading activity during last week showed continued conviction in AI infrastructure, digital assets, and fintech while trimming exposure to streaming, genomics tools, and select China tech holdings. On the buying side, ARK made its largest additions to AI-driven drug discovery company Recursion Pharmaceuticals (RXRX), purchasing a combi...