Overview
- ARK Invest, which runs concentrated ETFs that disclose daily moves, reported Thursday trades totaling about $84 million in stock sales across big tech and semiconductor names.
- Meta was the largest cut with 76,622 shares sold for roughly $42 million to $45.6 million after a Los Angeles jury found Meta and Google liable for fueling youth addiction and a separate New Mexico ruling ordered Meta to pay $375 million, which preceded a near 8% drop in Meta’s stock.
- Nvidia saw 154,441 to 155,441 shares sold for about $26.4 million to $27.8 million as coverage flagged rich AI valuations and noted two game developers urging a boycott of Nvidia’s DLSS 5 upscaling feature for degrading a game’s look.
- Chip exposure was trimmed more broadly with 38,245 AMD shares sold for about $7.8 million, 15,696 TSMC shares for about $5.1 million, and 8,648 Broadcom shares for about $2.7 million as reports pointed to TSMC’s capacity booked through 2026 and shortages of parts like lasers and circuit boards.
- Beyond those cuts, filings showed sales in holdings such as Roku, Block, Alphabet, Netflix, Deere, Archer Aviation, Recursion, and 495,000 shares of the ARK 21Shares Bitcoin ETF, while the lone notable buy was 60,973 shares of Tempus AI for about $2.85 million, continuing ARK’s recent build in that health-tech position.