Lates News

In the first quarter, ARK, the flagship fund of "Wood Sister", had a total market value of $9.9 billion, with the top ten holdings accounting for 48.49% of the total market value. "Wood Sister" presented a holding strategy that actively positioned in the emerging technology and biotechnology sectors while adjusting and optimizing some of the holdings. In the first quarter, ARK increased holdings in AI (Palantir, UiPath), blockchain (Coinbase, Bitcoin ETF), and biotechnology (CRISPR, Teladoc), while decreasing holdings in Tesla (increased competition) and Zoom (slower growth). Although Tesla still represents the largest position in the portfolio at 8.45%, the holding size decreased slightly by 0.87% in the first quarter, marking the third consecutive quarter of reduction in Tesla holdings.