Cathie Wood Pours Millions Into Archer Aviation and Pony AI Push
At the same time ARK sold 282,737 shares of Kratos Defense (NASDAQ:KTOS), a disposal that totaled about $18.49 million as Wood rebalances the portfolio.
Warning! GuruFocus has detected 2 Warning Sign with ACHR.
The trades show ARK doubling down on next-gen mobility while trimming some defense exposure after KTOS's recent rally. Other smaller purchases included stakes in Caris Life Sciences (NASDAQ:CAI), Illumina (NASDAQ:ILMN) and Exact Sciences (NASDAQ:EXAS), alongside buys in mega-caps such as Amazon (NASDAQ:AMZN) and Deere (DE).
ARK's move could push investor interest back into high-growth, speculative mobility names, but it also underscores the fund's active, high-conviction approach to thematic investing.
This article first appeared on GuruFocus.
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