TL;DR

  • Cathie Wood's Ark Invest divested $8 million in Tesla shares amid market concerns.
  • The firm strategically purchased $18 million worth of Salesforce shares and increased its stake in Amazon.
  • Additional trades included notable purchases and sales in companies like Cameco, Rocket Lab, and Advanced Micro Devices.

On Monday, January 27, 2025, Cathie Wood‘s Ark Invest made a series of notable trades, highlighted by the divestment of approximately $8 million in Tesla Inc. (NASDAQ: TSLA) shares.

The TSLA Trade

Ark Invest sold 20,392 shares of Tesla Inc. (NASDAQ: TSLA) from its ARKW ETF.

At Monday’s closing price of $397.15, this sale equates to roughly $8 million.

Tesla’s stock experienced a decline of 2.32% on the same day, closing at $397.15, amid a market-wide rout inflicted by worries around DeepSeek impact.

This sale is part of a series of adjustments that Ark Invest has been making in its portfolio, including a $60 million sale in the Elon Musk-led electric vehicle maker to close-off 2024.

The CRM Trade

Another significant move on Monday was Ark Invest’s purchase of 52,490 shares of Salesforce Inc. (NYSE: CRM) through the ARKW ETF. With Salesforce closing at $347.10, this acquisition represents a value of approximately $18 million. Salesforce’s stock saw a positive movement of 3.96% on the day, indicating a growing investor interest.

The AMZN Trade

Ark Invest also increased its stake in Amazon.com Inc. (NASDAQ: AMZN), purchasing a total of 7,461 shares across the ARKK and ARKW ETFs.

With Amazon’s stock closing at $235.42, these acquisitions are valued at about $1.8 million.

Other Key Trades:

  • Purchased 31,548 shares of Cameco Corp (NYSE: CCJ) valued at approximately $1.5 million.
  • Sold 532,34 shares of Rocket Lab USA Inc (NASDAQ: RKLB) totaling around $1.6 million.
  • Acquired 18,15 shares of Deere & Co (NYSE: DE) worth about $878,000.
  • Sold 808,859 shares of Nu Holdings Ltd (NYSE: NU) valued at roughly $9.9 million.
  • Purchased 42,554 shares of Advanced Micro Devices Inc (NASDAQ: AMD) totaling around $4.9 million.

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