The Market Context in 60 Seconds
- 01 ARK Investment Management, the innovation-focused fund run by Cathie Wood, reported a $12.9 billion equity portfolio in its May 13F filing (the SEC form U.S. institutional managers use to report stock holdings 45 days after each quarter end), built around one bet: the next wave of AI, genomics, and fintech will outgrow the mega-caps.
- 02 The portfolio shrank from roughly $15.1 billion in Q4 2025 to $12.9 billion in Q1 2026, a 15 percent decline across 181 holdings.
- 03 The top 5 stakes hold about 24 percent of the portfolio: Tesla at $1.1 billion, AMD at $552 million, CRISPR Therapeutics at $538 million, Shopify at $496 million, and Palantir at $455 million.
- 04 Wood exited 29 names including Trade Desk and PagerDuty, cut Meta shares nearly in half, trimmed Nvidia 17 percent, and opened a new $126 million Broadcom stake, the largest new buy of the quarter.
- 05 ARK's Q2 2026 13F is due by August 14, 2026, and will show whether the Broadcom stake grew into a core holding and whether Wood continued trimming Nvidia and Meta or reversed course.
How ARK Moved Last Quarter
The table below breaks down every position change ARK made between December 2025 and March 2026, sorted by the size of each share count move.
| Position | Share Change | Value |
|---|---|---|
| New Buys | ||
| Broadcom IncDesigns networking chips and custom AI accelerators for cloud companies | New | $126M |
| Eli Lilly & CoPharmaceutical company behind blockbuster weight-loss and diabetes drugs | New | $12M |
| BioNTech SEDeveloped an mRNA COVID vaccine; now applying the platform to cancer | New | $11M |
| Generate Biomedicines IncUses AI to design protein-based medicines from scratch | New | $6M |
| PayPay CorpJapanese mobile payment platform backed by SoftBank | New | $6M |
| Compugen LtdPublicly traded company | New | $2M |
| Kamada LtdIsraeli biotech making plasma-derived and inhaled therapies | New | $2M |
| Alpha Tau Medical LtdDevelops alpha-radiation therapy for solid tumors | New | $2M |
| Palo Alto Networks IncLargest pure-play cybersecurity company by revenue | New | $2M |
| Velo3D IncMakes metal 3D printers for aerospace and industrial parts | New | $1M |
| Enlivex LtdDevelops immunotherapy to prevent organ transplant rejection | New | $1M |
| Grayscale Ethereum Staking MinGrayscale Ethereum fund for staking-based ETH exposure | New | <$1M |
| Dauch CorporationElectric and autonomous vehicle company | New | <$1M |
| Largest Holdings Now (24% of portfolio) | ||
| Tesla IncMakes electric vehicles and energy storage; building the Optimus humanoid robot | $1.1B | |
| Advanced Micro Devices IncDesigns graphics processors and data center chips that compete with Nvidia | $552M | |
| CRISPR Therapeutics AGDeveloped the first approved gene-editing therapy for sickle cell disease | $538M | |
| Shopify IncRuns the e-commerce platform that powers millions of online stores | $496M | |
| Palantir Technologies IncBuilds AI-powered software for government agencies and large enterprises | $455M | |
| Added To | ||
| Figma IncBrowser-based design tool used by product and engineering teams | +483% | $72M |
| HEICO CorpMakes replacement parts for commercial and military aircraft | +133% | $12M |
| GeneDx Holdings CorpOffers whole-genome sequencing tests to diagnose rare diseases in children | +119% | $85M |
| Lockheed Martin CorpBuilds fighter jets, missiles, and satellite systems for the U.S. military | +117% | $8M |
| Joby Aviation IncBuilding electric vertical-takeoff air taxis for urban routes | +84% | $51M |
| WeRide IncDevelops self-driving technology for robotaxis in China and the Middle East | +82% | $30M |
| Wix.com LtdPlatform for building and hosting websites without coding | +72% | $2M |
| Caterpillar IncMakes construction and mining equipment with autonomous operation features | +71% | $42M |
| Oklo IncDesigning small modular nuclear reactors to power data centers | +57% | $17M |
| Oddity Tech LtdIsraeli beauty brand selling direct-to-consumer skincare online | +57% | $1M |
| Compass Pathways PlcDeveloping psilocybin therapy for treatment-resistant depression | +53% | $18M |
| Brainsway LtdMakes brain stimulation devices to treat depression non-invasively | +52% | $3M |
| SimilarWeb LtdProvides digital intelligence and website analytics tools | +49% | $1M |
| Nano-X Imaging LtdDeveloping an affordable digital X-ray imaging system | +45% | $2M |
| Monday.com LtdRuns a work management platform for team collaboration | +45% | $1M |
| Kodiak AI IncBuilds autonomous trucking systems for long-haul freight routes | +43% | $26M |
| Mobileye Global IncDevelops driver-assistance and self-driving technology for automakers | +42% | $1M |
| Intuitive Surgical IncMakes the da Vinci robotic surgery system used in hospitals worldwide | +41% | $32M |
| Genius Sports LtdProvides sports data and technology to betting and media companies | +40% | $15M |
| Honeywell International IncIndustrial conglomerate with aerospace, building tech, and automation units | +40% | $9M |
| Garmin LtdMakes GPS devices, smartwatches, and aviation electronics | +40% | $12M |
| Fiverr International LtdPublicly traded company | +37% | $1M |
| BullishRuns a regulated cryptocurrency exchange backed by former NYSE leadership | +36% | $234M |
| ARK Genomic Revolution ETFARK ETF focused on genomics and biotechnology companies | +35% | <$1M |
| Pagaya Technologies LtdUses AI to assess creditworthiness for personal loan applicants | +33% | $1M |
| Alphabet IncRuns Google Search, YouTube, and a major cloud computing business | +32% | $207M |
| CoreWeave IncRents Nvidia GPU clusters to AI companies that need computing power | +32% | $197M |
| Netflix IncLargest streaming service by subscribers worldwide | +31% | $21M |
| AeroVironment IncMakes small military drones including the Switchblade loitering munition | +29% | $102M |
| Tempus AI IncUses AI to match cancer patients with clinical trials and therapies | +27% | $434M |
| ARK Innovation ETFARK's flagship innovation ETF holding disruptive technology stocks | +27% | $7M |
| L3Harris Technologies IncBuilds radios, sensors, and space systems for the U.S. military | +26% | $135M |
| Robinhood Markets IncCommission-free stock and crypto trading app used by retail investors | +25% | $416M |
| Aurora Innovation IncBuilding self-driving technology for semi trucks and ride-hailing | +24% | $27M |
| Alibaba Group Holding LtdRuns China's biggest e-commerce and cloud computing platforms | +23% | $98M |
| Trimble IncSells GPS and software tools for construction, farming, and trucking | +22% | $81M |
| MediWound LtdDevelops enzymatic treatments for burns and chronic wounds | +22% | $2M |
| Symbotic IncBuilds warehouse robots that pick, pack, and move inventory | +22% | $42M |
| ROBLOX CorpRuns an online platform where users build and play games together | +22% | $333M |
| Synopsys IncMakes the software tools engineers use to design computer chips | +22% | $30M |
| Nice LtdPublicly traded company | +18% | $2M |
| Sea LtdRuns Shopee e-commerce and digital payments across Southeast Asia | +17% | $14M |
| Pony AI IncDevelops autonomous driving technology for trucks and robotaxis | +17% | $18M |
| Teledyne Technologies IncMakes sensors, cameras, and instruments for aerospace and defense | +16% | $31M |
| Inmode LtdMakes minimally invasive aesthetic medical devices | +16% | $2M |
| Prime Medicine IncDevelops gene-editing medicines using a newer prime-editing approach | +16% | $22M |
| Intuitive Machines IncBuilds lunar landers and navigation services for Moon missions | +15% | $49M |
| AudioCodes LtdMakes voice and data networking equipment for enterprises | +15% | $2M |
| HP IncMakes personal computers and printers | +14% | $2M |
| Canton Strategic Holdings IncIndustrial company with interests in insurance and manufacturing | +14% | $12M |
| RADCOM LtdSells network management and monitoring software for telecom carriers | +14% | $2M |
| DoorDash IncRuns the largest U.S. food delivery platform by market share | +13% | $52M |
| Amazon.com IncRuns the largest U.S. e-commerce site and the AWS cloud computing platform | +12% | $282M |
| Radware LtdProvides cybersecurity and application delivery solutions | +11% | $2M |
| Cellebrite DI LtdMakes digital forensics tools used by law enforcement worldwide | +11% | $2M |
| Circle Internet Group IncIssues the USDC stablecoin and runs crypto payment infrastructure | +9% | $430M |
| Absci CorpUses AI to design therapeutic antibodies for drug companies | +9% | $41M |
| Everpure IncDevelops gene-modified cell therapies for blood cancers | +8% | $25M |
| Recursion Pharmaceuticals IncUses AI and robotics to discover new drugs faster | +8% | $123M |
| CRISPR Therapeutics AGDeveloped the first approved gene-editing therapy for sickle cell disease | +8% | $538M |
| Nurix Therapeutics IncDevelops targeted protein-degradation drugs for cancer treatment | +7% | $27M |
| Brera Holdings PLCItalian multi-club football ownership group | +7% | $8M |
| Check Point Software Technologies LtdSells network security hardware and software to enterprises | +7% | $2M |
| Klarna Group PLCRuns a buy-now-pay-later platform and digital banking in Europe | +6% | $10M |
| Arcturus Therapeutics HoldingsDevelops mRNA-based medicines and vaccines | +6% | $21M |
| Perion Network LtdRuns a digital advertising platform focused on the open internet | +6% | $2M |
| Riskified LtdProvides fraud prevention and payment optimization for e-commerce | +6% | $2M |
| Archer Aviation IncBuilding electric air taxis for short urban flights | +6% | $194M |
| 3M CoIndustrial conglomerate making adhesives, films, and safety products | +6% | <$1M |
| Elbit Systems LtdIsraeli defense company making drones, missiles, and electronics | +6% | $51M |
| Cerus CorpDevelops pathogen-reduction technology for blood transfusions | +5% | $35M |
| Advanced Micro Devices IncDesigns graphics processors and data center chips that compete with Nvidia | +5% | $552M |
| Strata Critical Medical IncDevelops AI-guided critical care medical devices | +5% | $31M |
| Shopify IncRuns the e-commerce platform that powers millions of online stores | +5% | $496M |
| Playtika Holding CorpRuns mobile games including Bingo Blitz and Solitaire Grand Harvest | +4% | $2M |
| CareDx IncMakes transplant diagnostics tests that detect organ rejection early | +4% | $39M |
| Cameco CorpMines uranium and processes nuclear fuel for power plants | +4% | $40M |
| BitMine Immersion TechnologiesOperates Bitcoin mining facilities using liquid-immersion cooling | +3% | $192M |
| Datadog IncSells cloud monitoring tools that help engineers find software problems | +3% | $27M |
| Avient CorpMakes specialty polymer materials for packaging and healthcare | +3% | <$1M |
| Intellia Therapeutics IncDevelops CRISPR-based gene-editing therapies for liver and blood diseases | +2% | $186M |
| Personalis IncPublicly traded company | +1% | $51M |
| Kratos Defense & Security Solutions Inc.Builds drones and satellite communications for the U.S. military | +1% | $246M |
| Materion CorpPublicly traded company | +1% | <$1M |
| Cut Back | ||
| Pinterest IncVisual discovery platform where users save ideas and shop products | -98% | $1M |
| Salesforce IncSells cloud software that helps companies manage customer relationships | -88% | $1M |
| Airbnb IncRuns the largest online marketplace for vacation rentals | -84% | $20M |
| iShares Russell 1000 Growth ETFiShares ETF tracking the Russell 1000 Growth index | -82% | <$1M |
| DraftKings IncOperates an online sports betting and fantasy sports platform | -70% | $29M |
| State Street SPDR S&P 500 ETF TrustLargest ETF tracking the S&P 500 index | -59% | <$1M |
| Kaspi.KZ JSCKazakhstan's largest digital payments and e-commerce platform | -53% | $5M |
| Meta Platforms IncRuns Facebook, Instagram, and WhatsApp; building AI and VR products | -48% | $88M |
| Teradyne IncMakes machines that test semiconductor chips before they ship | -47% | $369M |
| Intercontinental Exchange IncOwns the New York Stock Exchange and mortgage technology platforms | -46% | $5M |
| Iridium Communications IncRuns 66 satellites providing global voice and data coverage | -39% | $48M |
| Kaiser Aluminum CorpProduces rolled aluminum products for aerospace and automotive | -37% | $1M |
| Teva Pharmaceutical IndustriesWorld's largest generic drug manufacturer | -35% | $2M |
| Roku IncSells streaming devices and licenses a TV operating system to set makers | -35% | $361M |
| Tower Semiconductor LtdIsraeli foundry that makes specialty semiconductor chips | -34% | $3M |
| Ionis Pharmaceuticals IncDevelops RNA-targeted medicines for rare neurological diseases | -32% | $22M |
| Zillow Group IncRuns the Zillow real estate marketplace and home value estimator | -32% | $7M |
| Align Technology IncMakes Invisalign clear teeth aligners and 3D dental scanners | -30% | $1M |
| Guardant Health IncMakes blood tests that detect cancer DNA to guide treatment decisions | -30% | $45M |
| Vanguard Growth ETFVanguard ETF tracking U.S. large-cap growth stocks | -27% | <$1M |
| Illumina IncMakes the sequencing machines that read human DNA | -27% | $139M |
| Moog IncMakes motion control components for defense and commercial aircraft | -27% | $1M |
| Xometry IncOnline marketplace connecting buyers with custom manufacturing | -25% | $2M |
| ATI IncMakes specialty metals for jet engines and defense applications | -24% | <$1M |
| Kennametal IncMakes cutting tools and industrial materials for manufacturing | -23% | <$1M |
| Taboola.com LtdRuns a content recommendation platform on publisher websites | -23% | $2M |
| Dentsply Sirona IncSells dental equipment, implants, and consumable products | -22% | $3M |
| Veracyte IncDevelops genomic diagnostics for thyroid and lung cancer | -21% | $98M |
| AMETEK IncMakes electronic instruments and electromechanical devices | -21% | $1M |
| Proto Labs IncProvides on-demand digital manufacturing and 3D printing services | -19% | $3M |
| Nova LtdMakes optical inspection systems for semiconductor manufacturers | -18% | $2M |
| Carpenter Technology CorpMakes specialty alloys for aerospace and defense applications | -17% | <$1M |
| NVIDIA CorpDesigns the GPU chips that power almost all AI training and inference | -17% | $181M |
| Butterfly Network IncSells a handheld ultrasound device that connects to a smartphone | -16% | $21M |
| Taiwan Semiconductor Manufacturing Company LtdManufactures most of the world's advanced chips for Apple, Nvidia, and AMD | -16% | $212M |
| Twist Bioscience CorpManufactures synthetic DNA used in drug development and diagnostics | -16% | $301M |
| Nayax LtdPublicly traded company | -15% | $2M |
| Nano Dimension LtdPublicly traded company | -15% | $2M |
| TAT Technologies LtdPublicly traded company | -15% | $2M |
| Gilat Satellite Networks LtdPublicly traded company | -15% | $2M |
| Crowdstrike Holdings IncSells cloud-based cybersecurity software that protects endpoints | -14% | $41M |
| Spotify Technology SARuns the largest music and podcast streaming platform by users | -14% | $33M |
| Cloudflare IncRuns a global network that speeds up and protects websites and apps | -13% | $38M |
| Rubrik IncProvides cloud data security and cyber recovery solutions | -13% | $19M |
| NU Holdings LtdLatin America's largest digital bank by customers | -12% | $17M |
| Autodesk IncMakes AutoCAD and design software for architects and engineers | -12% | $3M |
| JFrog LtdProvides a software platform for managing code packages and updates | -11% | $2M |
| Materialise NVOffers 3D printing software and on-demand manufacturing services | -10% | $2M |
| Valens Semiconductor LtdDesigns semiconductors for audio and sensor applications | -10% | $1M |
| MercadoLibre IncRuns the largest e-commerce and payments platform in Latin America | -9% | $41M |
| Camtek LtdMakes automated optical inspection equipment for chip factories | -9% | $2M |
| Etoro Group LtdSocial trading and investment platform for retail investors | -9% | $11M |
| Block IncRuns the Cash App and payment processing for small businesses | -8% | $186M |
| Toast IncSells payment and management software to restaurants | -8% | $48M |
| Ituran Location and Control LtdProvides vehicle tracking and stolen vehicle recovery in Israel | -8% | $2M |
| Stratasys LtdSells industrial 3D printers for manufacturing prototypes and parts | -8% | $3M |
| 10X Genomics IncSells instruments that analyze individual cells for genomics research | -7% | $249M |
| SoFi Technologies IncOnline bank offering student loans, investing, and personal finance | -7% | $61M |
| Microsoft CorpRuns Windows, Azure cloud, and Office; largest AI investor via OpenAI | -7% | $2M |
| Coinbase Global IncLargest U.S. cryptocurrency exchange by trading volume | -7% | $414M |
| PTC IncSells product design and industrial IoT software | -7% | $3M |
| BWX Technologies IncManufactures nuclear reactors and fuel for the U.S. Navy | -7% | $127M |
| Cognyte Software LtdProvides cyber intelligence software for government security agencies | -7% | $2M |
| Natera IncOffers genetic testing for cancer screening and prenatal health | -6% | $137M |
| Lincoln Electric Holdings IncMakes welding equipment and robotic welding systems | -6% | $1M |
| Deere & CoMakes tractors and farm equipment with autonomous driving features | -5% | $225M |
| UroGen Pharma LtdDevelops gel-based treatments for bladder and kidney cancer | -5% | $2M |
| Gitlab IncProvides a DevOps platform for software development and deployment | -4% | $18M |
| Palantir Technologies IncBuilds AI-powered software for government agencies and large enterprises | -4% | $455M |
| ARK 21Shares Bitcoin ETFExchange-traded fund that holds Bitcoin directly | -3% | $151M |
| Beam Therapeutics IncDevelops precision gene-editing medicines using base editing technology | -3% | $289M |
| Pacific Biosciences of California, Inc.Makes long-read DNA sequencing machines for genomics research | -3% | $48M |
| 3D Systems CorpSells industrial and healthcare 3D printers | -3% | $2M |
| Baidu IncRuns China's largest search engine and a self-driving taxi fleet | -3% | $125M |
| GE AerospaceMakes jet engines, power turbines, and defense systems | -3% | $1M |
| Tesla IncMakes electric vehicles and energy storage; building the Optimus humanoid robot | -3% | $1.1B |
| Schrodinger IncDevelops physics-based software for drug discovery | -2% | $23M |
| Quantum-Si IncPublicly traded company | -2% | $5M |
| Jabil IncContract electronics manufacturer for tech and healthcare companies | -2% | <$1M |
| 908 Devices IncMakes handheld chemical analysis devices for field use | -2% | $12M |
| Adaptive Biotechnologies CorpUses immune system sequencing to monitor cancer and transplants | -2% | $29M |
| Exited | ||
| The Trade Desk IncRuns a platform that helps advertisers buy digital ad space | $111M (prior) | |
| PagerDuty IncSells software that alerts engineering teams when systems go down | $109M (prior) | |
| Unity Software IncMakes the game engine used to build 3D games and simulations | $43M (prior) | |
| Qualcomm IncDesigns mobile phone processors and wireless communication chips | $43M (prior) | |
| Futu Holdings LtdHong Kong online brokerage popular with Chinese retail investors | $17M (prior) | |
| Nextdoor Holdings IncRuns the Nextdoor neighborhood social network | $16M (prior) | |
| Amgen IncLarge biotech company making treatments for bone, blood, and heart diseases | $15M (prior) | |
| Global-E Online LtdHelps online retailers sell and ship internationally | $14M (prior) | |
| Incyte CorpBiotech company focused on cancer and inflammatory disease drugs | $14M (prior) | |
| Atai Beckley NVDevelops psychedelic-inspired treatments for mental health conditions | $14M (prior) | |
| Vertex Pharmaceuticals IncMakes breakthrough drugs for cystic fibrosis and pain | $12M (prior) | |
| Caris Life Sciences IncRuns molecular diagnostics and sequencing for cancer treatment | $11M (prior) | |
| Intuit IncMakes TurboTax, QuickBooks, and financial management software | $10M (prior) | |
| Veeva Systems IncSells cloud software to pharmaceutical and life sciences companies | $9M (prior) | |
| PayPal Holdings IncRuns the PayPal digital payments platform and Venmo app | $9M (prior) | |
| Standard BioTools IncDevelops next-generation tools for proteomics research | $4M (prior) | |
| The 3D Printing ETFARK ETF focused on 3D printing and additive manufacturing companies | $3M (prior) | |
| Magic Software Enterprises LtdPublicly traded company | $3M (prior) | |
| CyberArk Software LtdProvides identity security and privileged access management software | $2M (prior) | |
| United Parcel Service IncOperates the world's largest package delivery network | $1M (prior) | |
| iShares Ethereum Trust ETFExchange-traded fund that holds Ethereum directly | <$1M (prior) | |
| Eastman Kodak CoLegacy imaging company pivoting to industrial chemicals and film | <$1M (prior) | |
| Hexcel CorpMakes advanced composite materials for aerospace and defense | <$1M (prior) | |
| Regeneron Pharmaceuticals IncBiotech company making treatments for eye disease, cancer, and allergies | <$1M (prior) | |
| Eastman Chemical CoChemical company making specialty additives and performance materials | <$1M (prior) | |
| Qnity Electronics IncMakes electronic sensors and connectors for automotive and industrial use | <$1M (prior) | |
| DuPont de Nemours IncChemical company making specialty materials for electronics and water treatment | <$1M (prior) | |
| iShares Russell 1000 ETFiShares ETF tracking the Russell 1000 large-cap U.S. stock index | <$1M (prior) | |
| Exact Sciences CorpMakes the Cologuard at-home colon cancer screening test | <$1M (prior) | |