In a series of strategic moves on Thursday, Ark Invest, under the leadership of Cathie Wood, executed substantial trades involving several companies including Tempus AI Inc., WeRide Inc., and Roku Inc. This activity reflects the fund's recalibration of its portfolio with attention to emerging technologies and market performance indicators.
Expansion of Stakes in Tempus AI
Ark Invest demonstrated increased confidence in Tempus AI by acquiring a combined total of 13,532 shares across two of its funds: the ARK Genomic Revolution ETF (ARKG) and the ARK Innovation ETF (ARKK). This acquisition followed promising preliminary financial results from Tempus AI, which reported an 83% year-over-year increase in revenue for the year 2025, driven predominantly by a 111% rise in diagnostics revenue. The shares were purchased at a closing price of $68.36, cumulating in an approximate investment of $925,047. Importantly, this transaction came on the heels of a significant purchase made by Ark Invest the previous day, totaling $5.85 million in Tempus AI shares, underscoring sustained interest in the company's growth trajectory.
Investment in WeRide's Autonomous Vehicle Fleet
Further diversifying its holdings within the autonomous vehicle sector, Ark Invest purchased 166,029 shares of WeRide through the ARK Autonomous Technology & Robotics ETF (ARKQ). WeRide, a notable player in the self-driving car industry, has recently expanded its robotaxi fleet, now exceeding a thousand vehicles worldwide. The share acquisition took place at a closing price of $9.05 per share, amounting to an investment of approximately $1.5 million. This move aligns with Ark's thematic focus on robotics and automation advancements.
Reduction in Roku Position Amid Mixed Market Sentiment
Conversely, Ark Invest reduced its holdings in Roku via the ARK Next Generation Internet ETF (ARKW), selling 14,885 shares at a closing price of $107.23, equating to roughly $1.6 million. The decision to diminish exposure to Roku comes amid fluctuating analyst assessments. Notably, Jefferies recently upgraded Roku's rating from Hold to Buy and increased its price target from $100 to $135, citing an improved outlook. Despite this optimistic forecast, Ark's partial exit indicates a cautious stance within this segment of their portfolio.
Additional Portfolio Adjustments
In addition to the aforementioned trades, Ark Invest also enacted several other portfolio changes on Thursday. These included the sale of 161,683 shares of Beam Therapeutics Inc. (BEAM) distributed across ARKG and ARKK funds, the sale of 32,227 shares of Unity Software Inc. (U) and 29,533 shares of GitLab Inc. (GTLB) through ARKW, and a purchase of 7,175 shares of Kodiak AI Inc. (KDK) via ARKQ. These trades signify ongoing portfolio rebalancing to capitalize on evolving opportunities in biotechnology, software, and automation.
Stock Performance and Metrics
According to Benzinga's Edge Stock Rankings, Tempus AI's stock currently holds a Momentum ranking at the 68th percentile. However, the stock does not show favorable trends across short, medium, and long-term price movements, which may be an important consideration for investors. Share prices for Ark Invest's ETFs as of the latest market close were $34.23 for ARKG, $82.14 for ARKK, $131.50 for ARKQ, and $144.50 for ARKW. The closing prices for individual stocks were $68.50 for Tempus AI, $9.10 for WeRide, and $107.17 for Roku.