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Cathie Wood Loads Up On Palantir, Cerebras, These Mag 7 Players

Cathie Wood's ARK Invest is aggressively shifting its portfolio, adding major positions in SpaceX, Palantir, and Cerebras.

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3210Jun 25 09:45Jun 25 12:49 UTC

The brief

Cathie Wood's ARK Invest has recently increased holdings in Palantir, Cerebras, and several Magnificent 7 players. The firm also added Amazon and capitalized on a post-IPO price drop to pile into SpaceX, which has become one of Wood's biggest holdings.

Coverage from The Motley Fool, Business Insider, Investing.com, Yahoo Finance, and Investor's Business Daily emphasizes these new acquisitions and Wood's strategy of "bargain hunting." To fund these moves, ARK Invest sold shares of Roku. Future developments depend on the performance of these high-conviction bets, particularly the impact of the SpaceX investment following its post-IPO decline.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 2h ago.

Quick answers

Which stocks did Cathie Wood sell?

According to Investing.com, ARK sold Roku stock.

Why did ARK Invest buy SpaceX shares?

Business Insider reports that ARK piled into SpaceX during a drop in the stock's price following its IPO.

What other companies were added to the portfolio?

Coverage mentions the addition of Palantir, Cerebras, Amazon, and other Magnificent 7 players.

Coverage (6)

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