Cathie Wood’s ARK sells Palantir stock, buys SpaceX shares
On Friday, August 21st, 2026, Cathie Wood's ARK ETF disclosed significant stock transactions in their daily report. The most substantial purchase was 205,031 shares of Space Exploration Technologies Corp (SPCX), valued at $27,474,154, spread across four of ARK's ETFs, with the largest portion in the ARKK ETF. Conversely, ARK sold a considerable 156,110 shares of Palantir Technologies Inc. (PLTR), totaling $27,156,895, continuing their recent pattern of reducing their stake in the company.
Other notable activity included ARK's acquisition of 69,979 shares of BWX Technologies Inc. (BWXT) for $10,947,514, indicating a consistent interest in the company. The report also noted the sale of 26,616 shares of Roblox Corp (RBLX) for $1,028,176, as well as the purchase of 85,393 shares of Securitize Corp (SECZ) for $546,515, showing ARK's ongoing portfolio reallocation towards technology and innovation sectors.
Additionally, ARK reduced its positions in Shopify Inc. (SHOP) by selling 4,884 shares for $718,827 and sold 10,033 shares of 10X Genomics, Inc. (TXG) for $640,807. These moves underscore ARK's strategy of adapting its portfolio to align with market trends and their long-term vision.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
