Key Takeaways
- ARK Invest liquidated 58,119 Nvidia shares valued at approximately $9.95M on March 27, continuing a selloff that saw 154,000 shares dumped the previous day.
- The firm offloaded 10,500 Meta shares for $5.75M amid mounting legal challenges related to child safety on social platforms.
- ARK trimmed its Tesla position by 4,221 shares worth roughly $1.57M as TSLA declined 2.76% to $361.83 on reduced delivery guidance.
- Semiconductor holdings AMD and Teradyne faced cuts totaling $3.9M and $5.08M respectively.
- In contrast, ARK accumulated 48,659 Arcturus Therapeutics (ARCT) shares for approximately $344,505, expanding its healthcare exposure.
Cathie Wood’s ARK Invest maintained its aggressive tech divestment strategy on Friday, March 27, marking another session of substantial portfolio rebalancing across its flagship exchange-traded funds.
The Friday transactions followed a massive $84 million tech stock liquidation just 24 hours earlier, signaling a clear directional shift: diminished technology exposure, heightened risk management.
Across its ARKK, ARKW, and ARKF funds, ARK divested 58,119 shares of Nvidia valued at roughly $9.95 million. This came on the heels of a 155,441-share Nvidia disposal on March 26 totaling $27.77 million. Market observers point to inflated AI sector valuations and developer pushback against Nvidia’s recent platform updates as contributing factors.
Meta Platforms faced persistent selling pressure, with ARK dumping 10,500 shares worth $5.75 million. The previous session witnessed an even larger exit: 76,622 Meta shares generating $45.58 million. Legal decisions concerning social media’s impact on minors have intensified scrutiny on Meta, potentially exposing the company to significant penalties and stricter regulatory oversight.
Tesla wasn’t spared either. ARK disposed of 4,221 TSLA shares for approximately $1.57 million. The electric vehicle manufacturer’s stock tumbled 2.76% to $361.83 following management’s downward revision of 2026 delivery projections from 1.75 million to 1.69 million units.
Semiconductor Sector Faces Widespread Selling
The chip industry experienced comprehensive portfolio reductions. ARK offloaded 19,126 AMD shares generating $3.90 million, supplementing Thursday’s 38,245-share sale that brought in $8.42 million. Teradyne witnessed 17,092 shares sold for $5.08 million, following the previous day’s 16,009-share disposal worth $5.18 million.
This semiconductor-wide retreat indicates mounting apprehension regarding production bottlenecks and elevated price-to-earnings multiples following an extended bull run.
Roku experienced a minor position reduction of 9,274 shares for $825,664. Additionally, ARK sold 37,876 Bullish (BLSH) shares for $1.38 million, maintaining its systematic reduction in that holding.
Healthcare Sector Receives Rare Attention
Countering the technology selloff, ARK’s ARKG healthcare-focused ETF executed a notable purchase: 48,659 Arcturus Therapeutics shares for approximately $344,505. This wasn’t ARK’s initial ARCT accumulation — the fund had previously acquired 4,525 shares on March 24.
This healthcare acquisition represents the singular buy transaction among ARK’s publicly disclosed trades for the entire session.
Throughout the week, ARK’s technology divestment campaign has been comprehensive and methodical — Nvidia, Meta, AMD, Teradyne, Tesla, Roku, and Bullish all experienced multi-session position reductions.
The $344,505 ARCT share purchase on March 27 stood as the exclusive acquisition during an otherwise liquidation-dominated trading day for the investment firm.
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