Cathie Wood Dumps $39 Million Worth of AMD Stock
Complete. Here is the key summaryCathie Wood's ARK Invest sold approximately $39.2 million worth of AMD stock during the week ended July 17, marking its largest sale in that period. This move was part of broader portfolio adjustments across technology, healthcare, and industrial sectors, including reductions in holdings like Deere, Roku, and Illumina. Despite selling AMD, ARK continued to invest in growth-focused areas such as AI, aerospace, and digital assets, indicating a strategic rotation rather than a retreat from innovation.
Cathie Wood's ARK Invest reduced its position in Advanced Micro Devices during the week ended July 17, making the chipmaker its largest sale of the period.
ARK sold approximately $39.2 million of AMD shares as part of broader portfolio adjustments across technology, healthcare and industrial companies. The investment firm also reduced holdings in Deere (DE), 10x Genomics , Twist Bioscience and Robinhood Markets (HOOD).
Additional technology-related sales included Roku (ROKU), Iridium Communications , Baidu and Cloudflare (NET). Within healthcare, ARK trimmed positions in Personalis (PSNL), Atai Life Sciences (ATAI), Illumina (ILMN) and Natera (NTRA), while Deere and Caterpillar (CAT) represented notable reductions among industrial holdings.
Despite the AMD sale, ARK continued adding capital to several growth-focused investments during the week, including Space Exploration Technologies (SPCX), X-Energy, Circle Internet Group and other companies tied to artificial intelligence, aerospace, digital assets and next-generation energy, reflecting an ongoing portfolio rotation rather than a broad shift away from innovation-focused investments.