Key Highlights
- Meta Platforms saw ARK sell 76,622 shares valued at approximately $45.6M following a jury verdict holding the company accountable in youth addiction litigation
- Nvidia positions were reduced by 155,441 shares worth roughly $27.8M as questions about AI stock valuations and developer backlash intensified
- Semiconductor holdings including AMD, Taiwan Semiconductor, and Broadcom were trimmed during component supply constraints
- Additional exits included positions in Roku, Block, Deere, Archer Aviation, and Recursion Pharmaceuticals
- The sole significant purchase was 60,973 shares of Tempus AI valued at approximately $2.85M, extending ARK’s accumulation strategy
Cathie Wood’s investment management firm ARK Invest executed substantial portfolio reductions on Thursday, March 26, 2026. According to daily trading disclosures filed by ARK’s various funds, the firm liquidated approximately $84 million worth of positions across prominent technology and semiconductor names.
The most substantial divestment involved Meta Platforms. ARK disposed of 76,622 shares distributed across three separate exchange-traded funds — including the ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Blockchain & Fintech Innovation ETF — representing a combined value between $42 million and $45.6 million.
Shares of Meta experienced a sharp decline of nearly 8% on March 26. This followed a Los Angeles jury’s determination that both Meta and Google bear responsibility for contributing to youth social media addiction, with the ruling stating the companies neglected child safety protections despite internal knowledge of associated dangers.
The month-long trial could result in damages surpassing $1.4 billion. In a separate legal matter, Meta received a court order requiring payment of $375 million related to a child exploitation case in New Mexico for breaching the state’s child protection legislation.
ARK simultaneously reduced its Nvidia exposure by selling between 154,441 and 155,441 shares, generating proceeds in the range of $26.4 million to $27.8 million. Nvidia’s stock price has faced sustained challenges in 2026, notwithstanding robust financial performance, a well-received GTC 2026 presentation, and forecasts suggesting AI-related revenues could reach $1 trillion by 2027.
Controversy emerged when two video game developers issued public statements advocating for a Nvidia boycott centered on the company’s DLSS 5 AI upscaling functionality. New Blood’s CEO Dave Oshry and independent developer David Szymanski characterized the technology as an “AI slop filter” that undermines creative integrity in game development.
Semiconductor Portfolio Trimmed Across Multiple Names
ARK’s semiconductor sector reductions extended beyond Nvidia. The investment firm offloaded 38,245 shares of Advanced Micro Devices, generating approximately $7.8 million in proceeds. AMD stock declined 7.5% during the same trading session.
Taiwan Semiconductor Manufacturing also experienced selling pressure from ARK, with 15,696 shares divested for roughly $5.1 million. The world’s dominant chip foundry has manufacturing capacity completely allocated through the end of 2026, underscoring persistent supply-demand imbalances in semiconductor production.
Broadcom positions were similarly reduced, with ARK selling 8,648 shares worth approximately $2.7 million. Industry insiders from both Nvidia and Broadcom have highlighted component shortages extending beyond silicon wafers to include critical parts such as optical lasers and printed circuit boards.
Supplementary dispositions on the trading day encompassed stakes in Roku, Block, Deere, Archer Aviation, and Recursion Pharmaceuticals.
Singular Acquisition: Tempus AI Accumulation Continues
Contrasting with the broad-based selling activity, ARK executed a single purchase transaction. The firm acquired 60,973 shares of Tempus AI valued at approximately $2.85 million.
This transaction represents a continuation of established behavior. ARK has methodically expanded its holdings in the healthcare technology company through consecutive trading sessions.
Tempus AI shares declined 2.63% on the day ARK increased its stake. The firm’s aggregate sales volume substantially outweighed its solitary purchase, signaling a strategic shift away from large-capitalization technology positions.
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