Tracking Cathie Wood's ARK Invest 13F Portfolio - Q4 2022 Update

This quarter, ARK Invest' 13F portfolio value decreased ~20% from ~$14.35B to ~$11.54B. The number of holdings decreased from 250 to 232. There are 40 securities that are significantly large, and they are the focus of this article. The top three holdings are at ~18% while the top five are at ~26% of the 13F assets: Exact Sciences, Zoom Video, Tesla Inc., Block Inc., and UiPath. Please visit our previous update for the fund's moves during Q3 2022. $ARK Innovation ETF(ARKK.US)$ $ARK Autonomous Technology & Robotics ETF(ARKQ.US)$ $ARK Next Generation Internet ETF(ARKW.US)$ $ARK Genomic Revolution ETF(ARKG.US)$ $ARK Fintech Innovation ETF(ARKF.US)$ $ARK Space Exploration & Innovation ETF(ARKX.US)$

$Tesla(TSLA.US)$ : TSLA is a top-three position in the portfolio at 4.94%. It was already a small position in their first 13F filing in 2016. Recent activity follows. Q1 2021 saw a ~40% stake increase at prices between ~$199 and ~$293. The last six quarters had seen the position reduced by ~80% at prices between ~$217 and ~$407. The stock currently trades at ~$160. This quarter saw a ~13% stake increase.

$Roku Inc(ROKU.US)$ : ROKU is a large 4.27% of the portfolio position built in the 2019-20 timeframe at prices between ~$33 and ~$357. The last four quarters saw another ~150% stake increase at prices between ~$56 and ~$345. The stock is now at $52.58. There was a marginal increase this quarter.

$Coinbase(COIN.US)$ : COIN had an IPO in April 2021. Shares started trading at ~$290 and currently go for ~$53. The 2.82% position was built during Q2 & Q3 2021 at prices between ~$225 and ~$342. Q4 2021 saw a ~22% trimming at prices between ~$231 and ~$343 while the next two quarters saw a roughly two-thirds stake increase at prices between ~$49 and ~$252. There was a ~14% trimming last quarter while this quarter saw a ~19% stake increase.

Stake Decreases:
$Exact Sciences(EXAS.US)$ : The ~7% EXAS stake is currently the largest position in the portfolio. It was built over the last nine quarters through consistent buying every quarter at prices between ~$32 and ~$155. The stock currently trades at ~$65. There was a ~9% trimming this quarter.

Note: they have a ~9% ownership stake in Exact Sciences.
$Zoom Video Communications(ZM.US)$ : The large (top three) 6.23% of the portfolio ZM stake was built over the last two years through consistent buying every quarter at prices between ~$74 and ~$559. The stock currently trades below the low end of that range at $71.58. This quarter saw a minor ~3% trimming.
$Block(SQ.US)$ : SQ was a small stake in the portfolio in their first 13F filing in 2016. The position was built during the 2018-20 timeframe at prices between ~$40 and ~$99. H1 2022 saw a ~45% stake increase at prices between ~$58 and ~$164. The stock currently trades at ~$81, and the stake is now at 4.90% of the portfolio. The last two quarters have seen only minor adjustments.

$Shopify(SHOP.US)$ : The bulk of the current ~4% position in SHOP was built during the three quarters through Q2 2021 at prices between ~$92 and ~$147. The stake has since wavered. H2 2021 saw a ~40% reduction at prices between ~$135 and ~$169 while the next three quarters saw a stake doubling at prices between ~$27 and ~$136. The stock is now at $48.33. There was a ~9% trimming this quarter.

$Roblox(RBLX.US)$ : The ~2% RBLX position was built during the last four quarters at prices between ~$23 and ~$135. The stock currently trades at ~$36. There was marginal trimming this quarter.
$Robinhood(HOOD.US)$ : HOOD had an IPO in August 2021. Shares started trading at ~$55 and currently go for $9.64. The ~2% of the portfolio position was built through consistent buying over the four quarters through Q2 2022 at prices between ~$7 and ~$55. There was a ~11% trimming this quarter.