ARK Invest Yesterday's Portfolio Adjustments: Heavy Buying of Tesla and Circle, Liquidation of Multiple Tech Stocks

According to disclosures on the ARK Invest official website, multiple funds under ARK completed portfolio rebalancing on July 23, overall exhibiting a trend of "buying tech/crypto-related assets, reducing traditional and biotech stocks". Purchases: • TSLA (Tesla) was simultaneously increased by four funds: ARKK, ARKQ, ARKW, and ARKX, with a total purchase of approximately 160,000 shares, marking the biggest highlight of this rebalancing • CRCL (Circle Internet Group) was simultaneously purchased by three funds: ARKK, ARKW, and ARKF, totaling approximately 130,000 shares, indicating ARK's continued increase in position in the stablecoin sector • SECZ (Securitize) was purchased by ARKF for approximately 48,000 shares, involving the tokenized securities sector Sales: • FIG (Figma) was simultaneously reduced by ARKK and ARKW by approximately 976,000 shares in total, representing the largest reduction in this rebalancing • HOOD (Robinhood) was sold by ARKW for approximately 40,000 shares • DE (Deere & Co) was simultaneously reduced by three funds: ARKK, ARKQ, and ARKX • IRDM (Iridium Communications) was simultaneously reduced by ARKQ and ARKX by approximately 66,000 shares in total