ARK Invest Expands Palantir Holdings While Reducing AMD Exposure
Cathie Wood’s ARK buys Palantir stock, sells AMD shares
Investing Australia
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Cathie Wood's ARK Investment Management has purchased 85,485 shares of Palantir Technologies, valued at approximately $11.15 million, while selling 44,446 shares of Advanced Micro Devices for about $10.52 million. This shift reflects ARK's strategic focus on Palantir amidst ongoing market trends.
- 01ARK acquired 85,485 shares of Palantir Technologies, totaling around $11.15 million.
- 02The purchase was distributed among several ARK ETFs, with ARKK ETF acquiring the most shares.
- 03ARK sold 44,446 shares of Advanced Micro Devices, valued at about $10.52 million.
- 04The sale of AMD shares indicates a significant reduction in ARK's position in the company.
- 05ARK continues to divest from Strata Critical Medical, selling 75,389 shares for $305,325.
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On April 11, 2026, Cathie Wood's ARK Investment Management revealed significant trading activity in its daily report. The firm purchased 85,485 shares of Palantir Technologies Inc (NYSE:PLTR), amounting to approximately $11.15 million. This acquisition was spread across multiple ARK ETFs, with the ARK Innovation ETF (ARKK) acquiring 46,455 shares, making it the largest contributor to this purchase. In contrast, ARK sold 44,446 shares of Advanced Micro Devices Inc (NASDAQ:AMD), valued at about $10.52 million, marking a notable decrease in its investment in the semiconductor company. Additionally, ARK continued its trend of divesting from Strata Critical Medical Inc (NASDAQ:SRTA), offloading 75,389 shares for a total of $305,325. These strategic moves highlight ARK's focus on increasing its stake in Palantir while reducing exposure to AMD and SRTA, prompting investor interest in how these decisions align with market trends and ARK's long-term strategies.
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