ARK Invest July 23 Portfolio Update: Buys Tesla and Circle, Sells Multiple Tech Stocks

According to ARK Invest’s official website, several ARK funds completed portfolio rebalancing on July 23, generally trending toward buying technology and crypto-related assets while reducing positions in traditional and biotech stocks. Buys: • TSLA (Tesla) was simultaneously increased by four funds—ARKK, ARKQ, ARKW, and ARKX—with a combined purchase of approximately 160,000 shares, marking the largest highlight of this rebalancing. • CRCL (Circle Internet Group) was simultaneously bought by three funds—ARKK, ARKW, and ARKF—with a combined purchase of approximately 130,000 shares, indicating ARK’s continued emphasis on the stablecoin sector. • SECZ (Securitize) was purchased by ARKF with approximately 48,000 shares, representing exposure to tokenized securities. Sells: • FIG (Figma) was collectively reduced by ARKK and ARKW by approximately 976,000 shares, the largest reduction in this rebalancing. • HOOD (Robinhood) was sold by ARKW with approximately 40,000 shares. • DE (Deere & Co.) was simultaneously reduced by three funds—ARKK, ARKQ, and ARKX. • IRDM (Iridium Communications) was collectively reduced by ARKQ and ARKX by approximately 66,000 shares.