On Monday, Ark Invest, the investment management firm led by Cathie Wood, engaged in notable portfolio adjustments centering on companies within the artificial intelligence sphere. These transactions involved significant purchases of Tempus AI Inc. and Kodiak AI Inc., complemented by disposals of shares in Roku Inc. and Shopify Inc.
Substantial Investment in Tempus AI
Ark Invest increased its holdings in Tempus AI by acquiring a combined total of 228,626 shares through two of its ETFs: 32,627 shares were purchased under the ARK Genomic Revolution ETF (ARKG), and 195,999 shares were added in the ARK Innovation ETF (ARKK). With Tempus AI's stock closing at $64.70 per share on the day of the trades, the cumulative investment reached approximately $14.8 million.
This influx of capital into Tempus AI underlines Ark’s growing interest in companies operating at the intersection of genomics and artificial intelligence. Market sentiment appears optimistic, as other investor activity, including options trading, reflects confidence in Tempus AI's prospects within the AI domain.
Augmentation of Kodiak AI Holdings
In addition to Tempus AI, Ark Invest also expanded its position in Kodiak AI by purchasing 53,302 shares via its ARK Autonomous Technology & Robotics ETF (ARKQ). Kodiak AI’s stock closed at $10.40 on the transaction date, making the acquisition worth an estimated $554,340.
Kodiak AI, notable for its backing from prominent investor George Soros, specializes in autonomous trucking technology. This acquisition aligns with Ark Invest’s strategic focus on enabling technologies transforming transportation and automation.
Dispositions in Roku and Shopify
Simultaneously, Ark Invest executed significant sales in companies within the streaming and e-commerce sectors. The firm sold 109,254 shares of Roku from its ARKK ETF, with the stock closing at $114.68, valuing the sale at about $12.5 million.
Despite Roku's recent quarterly results showing a 14% year-over-year rise in net revenue to $1.211 billion—surpassing analyst expectations—the divestment suggests a portfolio realignment away from Roku's industry. Notably, the stock was recently upgraded by Arete research from Neutral to Buy, with a target price raised to $132.
Ark Invest also reduced its stake in Shopify by selling 24,447 shares from ARKK, fetching approximately $4.06 million based on Shopify’s closing price of $166.21. This reduction continues a trend documented by previous sales, including one in December amounting to $5.6 million worth of Shopify stock.
Shopify recently introduced its Winter 2026 Edition, which enhances its offerings across artificial intelligence capabilities, checkout processes, marketing initiatives, and merchant services. The upgrades, according to JPMorgan analysis, solidify confidence in Shopify's long-term growth trajectory, particularly through the integration of its Sidekick AI assistant, which provides proactive support to small and midsize businesses.
Additional Portfolio Movements
- Ark sold 3,558 shares of Natera Inc. (NTRA) from the ARKG ETF.
- It disposed of 7,228 shares of Guardant Health Inc. (GH) from ARKG.
- The firm acquired 47,587 shares of Personalis Inc. (PSNL) for ARKG.
These trades underscore Ark Invest's ongoing adjustments within its genomics and healthcare-related investments, reflecting a dynamic response to sector developments and growth opportunities.
Market Perspective and Metrics
According to Benzinga Edge Stock Rankings, Tempus AI exhibits strong momentum, positioned in the 86th percentile relative to comparable stocks. This metric factors into Ark Invest’s elevated confidence in expanding its exposure to the company during this trading session.
The strategic maneuvers in Ark's portfolio encapsulate a pivot toward companies at the forefront of AI application and autonomy technologies, while trimming positions in sectors less aligned with the firm's evolving investment thesis. Market participants are likely monitoring these shifts for insight into emerging investment themes and the reallocation of capital within dynamic technology sub-sectors.
Note: All stock prices and transaction values referenced correspond to closing prices on the date of the trades, with no projection of future performance implied.