TLDR
- ARK Invest liquidated approximately $35M worth of Teradyne (TER) holdings on February 23, 2026
- The firm invested $11.82M in Figma following a 5.1% decline in share price
- Advanced Micro Devices (AMD) and Broadcom (AVGO) each garnered approximately $6-7M in fresh capital
- Alphabet (GOOGL) received around $6M in new investment; DraftKings (DKNG) position further reduced
- Taiwan Semiconductor (TSM) and Iridium Communications (IRDM) also saw sell-offs
On Monday, February 23, 2026, Cathie Wood’s ARK Invest executed multiple strategic portfolio adjustments, as revealed through the company’s daily ETF transaction disclosures.
The most significant transaction involved liquidating 109,992 shares of Teradyne (TER), a semiconductor testing equipment manufacturer, generating approximately $35.7 million. This sale represents the continuation of ARK’s systematic reduction of its Teradyne holdings across multiple trading days.
Teradyne’s stock price experienced gains following its February 2 earnings announcement but has subsequently retreated. Monday saw the shares decline nearly 2%.
ARK deployed a portion of these proceeds toward acquiring Figma, the collaborative design software provider. The investment firm accumulated 477,445 shares distributed between two exchange-traded funds — ARKK and ARKW — totaling approximately $12.46 million.
Shares of Figma declined 5.1% during Monday’s session, presenting what ARK interpreted as an attractive entry point. The design platform recently surpassed Wall Street projections for both top-line revenue and bottom-line earnings.
Figma’s CEO Dylan Field recently addressed investor concerns regarding artificial intelligence’s potential threat to conventional software businesses, highlighting Figma’s proprietary AI capabilities as catalysts for future expansion.
ARK Adds AMD and Broadcom Amid Semiconductor Bets
The firm acquired 34,573 shares of Advanced Micro Devices (AMD) valued at approximately $6.92 million. AMD’s stock experienced a 1.8% downturn following reports indicating production setbacks affecting its Instinct MI455X AI accelerator chip lineup.
These manufacturing delays occurred concurrently with announcements of a strengthened AI collaboration between Nvidia and Meta, creating additional headwinds for AMD’s market performance.
ARK’s robotics and automation ETF, ARKQ, secured 18,534 shares of Broadcom (AVGO) worth $6.17 million. Wood has been systematically expanding her Broadcom allocation in anticipation of the chipmaker’s upcoming quarterly results, with particular emphasis on its bespoke AI semiconductor division.
The firm also accumulated 19,105 shares of Alphabet’s (GOOGL) Class C stock, deploying roughly $6 million. The Google parent company experienced approximately 1% depreciation Monday amid broader market weakness.
ARK Continues to Exit DraftKings
Regarding divestments, ARK unloaded 248,197 shares of DraftKings (DKNG) generating $5.54 million. This transaction extends an ongoing trend of diminishing exposure to the digital sports wagering operator.
The fund also disposed of 179,330 shares of Iridium Communications (IRDM) for $4.11 million and reduced its Taiwan Semiconductor (TSM) stake by 12,629 shares, worth $4.68 million.
Additional purchases encompassed 66,695 shares of Aurora Innovation (AUR) valued at $3.18 million and 33,078 shares of DoorDash (DASH) for $5.83 million.
ARK further accumulated 61,525 shares of Klarna totaling $804,747 while divesting a modest position in Intercontinental Exchange (ICE) for $397,345.
Collectively, ARK’s Monday transactions revealed a distinctive strategy: reallocating capital away from Teradyne and DraftKings toward positions in AI-oriented technology companies including Figma, Broadcom, AMD, and Alphabet.
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