{"id":2463004,"date":"2023-04-21T20:30:25","date_gmt":"2023-04-22T00:30:25","guid":{"rendered":"https:\/\/www.valuewalk.com\/?p=2463004"},"modified":"2023-04-21T20:31:06","modified_gmt":"2023-04-22T00:31:06","slug":"cathie-woods-been-busy-adding-to-ark-invests-holdings-buying-tesla-coinbase-and-more","status":"publish","type":"post","link":"https:\/\/www.valuewalk.com\/cathie-woods-been-busy-adding-to-ark-invests-holdings-buying-tesla-coinbase-and-more\/","title":{"rendered":"Cathie Wood’s Been Busy Adding to ARK Invest’s Holdings, Buying Tesla, Coinbase and More"},"content":{"rendered":"\n

After flagship ARKK lost 67% of its value last year, the fund manager looking to 2023 to attempt redemption<\/em><\/p>\n\n\n\n

Cathie Wood\u2019s ARK Investment Management<\/a> filed its latest 13F with the SEC<\/a> this week, reporting fund movements for the March quarter. ARK Invest is a boutique investment firm that focuses on investing in disruptive technologies and innovative companies.<\/p>\n\n\n\n

The investment strategy was sound in an environment of falling cash rates and expanding valuations following on from the 2008 global financial crisis that rewarded her investors with consistent market outperformance. <\/p>\n\n\n\n

The vision came to a crashing end in 2022 when central banks globally began raising cash rates rapidly to cool inflation from spiralling out of control.<\/p>\n\n\n\n

The companies that ARK held most of its exposure traded on excessive valuations with little profitability that de-rated significantly when market dynamics shifted. The flagship ARK Innovation ETF (NYMARKET:ARKK<\/a>) has lost 67% of its value last year, mounting on losses of 24% in 2021. <\/p>\n\n\n\n

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