Cathie Wood sells $39 million worth of AMD shares

DE -4.85% NET +5.57% HOOD +1.88% NTRA +2.54% CRCL +4.54% 5 more

1. 1Cathie Wood's ARK Invest trimmed its stake in AMD (AMD) over the week ending July 17
2. 2The roughly $39.2 million position was its largest sale of the period, and the firm also reduced holdings in Deere, 10x Genomics, Twist Bioscience, and Robinhood Markets
3. 3However, in the same week ARK continued buying shares of SpaceX, X-Energy, and Circle Internet Group, suggesting a portfolio rotation rather than a broader retreat from innovation investing

Source GuruFocus.com +1 · View original ↗

Today's 5 AI picks, all free

Nothing hidden: past picks and how they did against the S&P 500.

See today's picks →