In a strategic repositioning of its investment portfolio, Cathie Wood's Ark Invest has recently adjusted its holdings, notably decreasing exposure to tech giants while amplifying its stake in the burgeoning cryptocurrency sector. This move comes as the technology market experiences considerable volatility, prompting Ark to double down on what it perceives as high-potential crypto plays, particularly those associated with influential figures like Tom Lee and Peter Thiel.
Ark Invest's Latest Portfolio Maneuvers Amidst Market Fluctuations
On Thursday, November 13, 2025, Cathie Wood's Ark Invest actively engaged in significant trading activities across various exchange-traded funds (ETFs), including the Ark Fintech Innovation ETF (ARKF), ARK Innovation ETF (ARKK), and ARK Next Generation Internet ETF (ARKW). These adjustments reflect Ark's evolving investment philosophy, prioritizing certain growth sectors while scaling back on others.
One of the key actions involved a substantial increase in Ark's investment in Circle Internet Group Inc. Ark Invest acquired 188,941 shares of Circle, an investment valued at approximately $15.5 million based on the closing price of $82.34, despite a 4.59% dip. This decision aligns with Bernstein analysts' optimistic outlook for Circle, projecting a $230 price target and highlighting the robust third-quarter performance and the liquidity advantages of USDC, even amidst increasing competition from industry players like Stripe and PayPal.
Further demonstrating its commitment to digital assets, Ark significantly boosted its ownership in Bitmine Immersion Technologies Inc. The firm added 242,347 shares, with the investment totaling around $8.9 million. This move supports Bitmine's ambitious goal of owning 5% of the total Ethereum supply, a target it is actively pursuing by expanding its Ethereum holdings to 2.9% and maintaining substantial Bitcoin and cash reserves. Tom Lee, Chairman of Bitmine, cited growing institutional interest and Ethereum's pivotal role in tokenization as core reasons for this conviction.
Ark also reinforced its position in Bullish, a crypto exchange backed by Peter Thiel, by purchasing 177,480 shares, amounting to roughly $7.3 million. This continued investment underscores Ark's confidence in Bullish's trajectory, building on previous million-dollar acquisitions.
Conversely, Ark Invest reduced its stake in traditional tech companies. The firm divested 87,051 shares of Advanced Micro Devices Inc (AMD) through ARKK, a sale valued at approximately $21.6 million. This reduction occurred as AMD shares closed at $247.96, experiencing a 4.22% decrease. Analysts have expressed mixed reactions to AMD's ambitious earnings targets, suggesting that the stock's current valuation might already factor in such aggressive growth projections. Similarly, Ark sold 39,854 shares of Reddit Inc, valued at $7.5 million, through ARKF and ARKW. This divestment took place despite Reddit surpassing third-quarter earnings expectations, with significant increases in daily active users and ad revenue.
Other notable trades included the sale of Regeneron Pharmaceuticals Inc. shares, the acquisition of Tempus AI Inc. and CRISPR Therapeutics AG shares, and a purchase in Beam Therapeutics Inc. Additionally, Ark reduced its holdings in Salesforce Inc.
These strategic adjustments by Cathie Wood's Ark Invest provide insightful perspectives into navigating market dynamics. The firm's decisions to reduce exposure to established tech companies like AMD and Reddit, while simultaneously increasing investments in crypto-focused entities, highlight a forward-looking approach that prioritizes innovative and potentially disruptive technologies. This shift underscores a belief in the long-term growth potential of the digital asset ecosystem, even as it entails managing the inherent volatility and evolving competitive landscapes within these markets. For investors, Ark's recent activities serve as a compelling example of active portfolio management aimed at capitalizing on future technological paradigms.