Cathie Wood’s Multimillion Tech Shuffle: Dumps $31M QCOM, $28M Teradyne – Pours $22M into Google, $27M into Broadcom
Cathie Wood’s ARK Invest ETFs (exchange-traded funds) made notable portfolio moves on Thursday, February 5, as revealed in daily fund disclosures. The moves highlight ARK’s bullish stance on semiconductors, AI, cryptocurrency, and health tech amid market dips.
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Key Buys: Capitalizing on Dips in Tech and Crypto
Wood scooped up shares in high-growth names, betting on rising hyperscaler capex and disruptive innovation:
- Alphabet (GOOG): Added 67,630 shares for about $22.4 million across funds. Shares dipped post-Q4 earnings beat due to higher capex signals, but Wood appears to be optimistic about long-term AI cloud dominance.
- Broadcom (AVGO): ARKQ and ARKW bought 87,148 shares for roughly $27 million. Hyperscalers’ spending boom has reignited chip demand, aligning with ARK’s bullish semiconductor thesis.
- Advanced Micro Devices (AMD): ARKW acquired 20,189 shares for $3.9 million, riding on the AI/semiconductor tailwinds.
- Bullish (BLSH): Wood snapped up 716,030 shares for about $17.8 million amid an 8.5% crypto rout. ARK has built this position since Bullish’s IPO (initial public offering) in August 2025, seeing huge potential for the crypto exchange.
- Brera Holdings (SLMT): Added 150,000 shares at $1.02 each after SLMT’s 16.4% plunge, doubling down on crypto exposure.
- Tempus AI (TEM): Bought 295,526 shares for roughly $15.5 million as the health-tech company’s shares fell 2.1% amid a broader market decline. Tempus AI fits into ARK’s biotech precision medicine focus.
Key Sells: Trimming Overvalued or Weak Spots
- Qualcomm (QCOM): Sold 228,943 shares for nearly $31.2 million. QCOM stock plunged 8.5% despite Q1 FY26 beat, hit by weak guidance and memory chip shortages.
- Teradyne (TER): Trimmed 103,568 shares for about $28 million. The sale follows consistent sales post Teradyne’s blockbuster results and guidance on February 2. TER stock has surged nearly 9% since then.
- Coinbase Global (COIN): Dumped 119,236 shares for roughly $17.4 million. COIN stock plunged 13.3% as Bitcoin (BTC-USD) prices touched the important $60,000 mark yesterday.
These trades reflect ARK’s strategy of rotating into undervalued disruptors while shedding momentum laggards, though with crypto volatility and capex risks in play.
Wood’s Strategic Portfolio Shuffle
Let’s see how these stocks perform using the TipRanks Stock Comparison Tool:
Currently, analysts have a “Strong Buy” consensus rating on AMD, AVGO, and GOOG shares, with AMD offering the highest upside potential among them. Meanwhile, COIN, TER, QCOM, and BLSH shares have a “Moderate Buy” consensus, reflecting divided analyst views.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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