The ARK funds' most recent (and biggest) moves

What are the ARK ETFs buying and selling?

Author

Swaggy Stocks
August 07, 2022

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Today's Letter

  • ARKK's big moves

  • Earnings SZN

  • Trending Cryptos

  • Top Meme Stocks

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ARKK's big moves

It seems like the ARKK etfs have been on the wrong side of the trade lately, but is that really the case or is that only what we see when people point things out on social media? 

I was going to make a list of stocks that are "down bad" versus "up big", but when looking at the YTD chart for almost all growth names, they are still horrendously down bad even after a solid move up in July. Instead, I've organized two lists based on where they are exiting positions, or increasing their holdings.

Closing or Exiting Positions

Initiating or Adding to Positions

ARK stocks on high alert

ARK has also invested in some names that have taken on large amounts of (unrealized) losses. I'm keeping these on the high alert list, here are a few.

Roku (ROKU)

YTD Price Action: -65%

Weighting: Roughly 3rd largest position across all ARK ETFs.

Position status: Slow, but steady dollar cost-averaging on their position.

Teladoc (TDOC)

YTD Price Action: -60%

Weighting: Roughly 8th largest position across all ARK ETFs (I do believe it was once #2 or #3 position).

Position Status: Seems like after selling the dip they have begun accumulating shares again in the ARKK ETF.

Robinhood (HOOD)

YTD Price Action: -40%, -80% over the last twelve months.

Weighting: Roughly the 18th largest position across ARK ETFs.

Position Status: HODLing.

Earnings SZN

We've got another round of big names reporting this week. Here's what I am keeping an eye on. Remember,

BMO = Before Market Open

AMC = After Market Close

Monday

  • Palantir (PLTR) - BMO

  • Upstart (UPST) - AMC

  • Clover Health (CLOV) - AMC

  • Lemonade (LMND) - AMC

  • DigitalOcean (DOCN) - AMC

Tuesday

  • Coinbase (COIN) - AMC

  • Roblox (RBLX) - AMC

  • Unity (U) - AMC

  • ContextLogic (WISH) - AMC

Wednesday

  • Jumia (JMIA) - BMO

  • Paysafe (PSFE) - BMO

  • Disney (DIS) - AMC

  • Coupang (CPNG) - AMC

  • Marqeta (MQ) - AMC

Trending Cryptos

What cryptos is everyone talking about? Mainly Ethereum (ETH) and Bitcoin (BTC), but Solana (SOL) made headlines this week after wallets were hacked and had their funds liquidated.

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Top Meme Stocks

Two "short-squeeze" names took off this week. Those were Bed, Bath, & Beyond (BBBY) and AMTD.

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