Cathie Wood's ARK Adds ~3.4M Shares of Palantir (PLTR) on Friday
Cathie Wood's ARK Investment added about 3.4 million shares of Palantir (NYSE: PLTR) Friday through funds ARKK and ARKW, according to an email of recent trades.
The fund also continued to accumulate Twitter (NYSE: TWTR) and was a seller of Apple (NASDAQ: AAPL), among other trades.
ARK also added a number of disclaimers to its daily e-mail saying it only "reflects portfolio adjustments made by the ARK investment team. Files of trades are not comprehensive lists of a day's trades for the ARK ETFs and exclude initial/secondary public offering transactions and ETF Creation/Redemption Unit activity. Complete holding files are posted daily on ark-funds.com."
ARK discloses its trades daily M-F. Wood is famous for her ultra-bullish call on Tesla and is regarded as having the hottest hand on the Street currently.
Below is a summary of trades from 02/26/21: