Exploring the Latest 13F Filing and Investment Shifts

Catherine Wood (Trades, Portfolio) recently submitted the 13F filing for the fourth quarter of 2024, providing insights into her investment moves during this period. With over 40 years of experience, Cathie Wood founded ARK in 2014 to focus solely on disruptive innovation while adding new dimensions to research. Through an open approach that spans across sectors, market capitalizations, and geographies, she believes ARK can identify large-scale investment opportunities in the public markets resulting from technological innovations centered around DNA sequencing, robotics, artificial intelligence, energy storage, and blockchain technology. As chief investment officer and portfolio manager, Wood spearheaded the development of ARKs philosophy and investment approach and is ultimately responsible for investment decisions. Recognizing that disruptive innovation causes rapid cost declines, cuts across sectors, and spawns further innovation, ARK uses an iterative investment process that combines top-down and bottom-up research. The firm strives to identify innovation early in order to capitalize on the opportunity, providing long-term value to investors.

Summary of New Buy

Catherine Wood (Trades, Portfolio) added a total of 7 stocks, among them:

• The most significant addition was Illumina Inc (NASDAQ:ILMN), with 686,330 shares, accounting for 0.76% of the portfolio and a total value of $91.71 million.
• The second largest addition to the portfolio was BWX Technologies Inc (NYSE:BWXT), consisting of 94,923 shares, representing approximately 0.09% of the portfolio, with a total value of $10.57 million.
• The third largest addition was Komatsu Ltd (KMTUF), with 353,988 shares, accounting for 0.08% of the portfolio and a total value of $9.80 million.

Key Position Increases

Catherine Wood (Trades, Portfolio) also increased stakes in a total of 52 stocks, among them:

• The most notable increase was Amazon.com Inc (NASDAQ:AMZN), with an additional 546,252 shares, bringing the total to 895,085 shares. This adjustment represents a significant 156.59% increase in share count, a 1% impact on the current portfolio, with a total value of $196.37 million.
• The second largest increase was Tempus AI Inc (NASDAQ:TEM), with an additional 3,141,487 shares, bringing the total to 5,519,644. This adjustment represents a significant 132.1% increase in share count, with a total value of $186.34 million.

Summary of Sold Out

Catherine Wood (Trades, Portfolio) completely exited 11 of the holdings in the fourth quarter of 2024, as detailed below:

• Moderna Inc (NASDAQ:MRNA): Catherine Wood (Trades, Portfolio) sold all 1,163,946 shares, resulting in a -0.71% impact on the portfolio.
• Kaspi.kz JSC (NASDAQ:KSPI): Catherine Wood (Trades, Portfolio) liquidated all 125,120 shares, causing a -0.12% impact on the portfolio.

Key Position Reduces

Catherine Wood (Trades, Portfolio) also reduced positions in 123 stocks. The most significant changes include:

• Reduced Tesla Inc (NASDAQ:TSLA) by 1,301,429 shares, resulting in a -28.36% decrease in shares and a -3.11% impact on the portfolio. The stock traded at an average price of $322.75 during the quarter and has returned 61.51% over the past 3 months and -2.88% year-to-date.
• Reduced Unity Software Inc (NYSE:U) by 5,535,965 shares, resulting in a -83.05% reduction in shares and a -1.15% impact on the portfolio. The stock traded at an average price of $22.25 during the quarter and has returned 5.71% over the past 3 months and -4.45% year-to-date.

Portfolio Overview

At the fourth quarter of 2024, Catherine Wood (Trades, Portfolio)'s portfolio included 183 stocks, with the top holdings including 11.06% in Tesla Inc (NASDAQ:TSLA), 6.61% in Roku Inc (NASDAQ:ROKU), 6.28% in Coinbase Global Inc (NASDAQ:COIN), 4.91% in Palantir Technologies Inc (NASDAQ:PLTR), and 4.89% in Roblox Corp (NYSE:RBLX).

The holdings are mainly concentrated in 9 of all the 11 industries: Technology, Healthcare, Communication Services, Consumer Cyclical, Financial Services, Industrials, Energy, Utilities, and Basic Materials.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

This article first appeared on GuruFocus.