Cathie Wood's weekly recap: loads Rocket Lab, Block; cuts Palantir, Tempus AI (ARKK:BATS)
Cathie Wood and Ark Invest adjusted fund allocations by purchasing shares in Rocket Lab and Block while reducing holdings in Palantir and Tempus AI. Ark Invest acquired $37 million worth of shares in Jack Dorsey's Block Inc and added 705,102 shares of Rocket Lab. At the same time, the fund dumped $25 million of Palantir shares. These portfolio adjustments reflect ongoing allocation shifts within Ark Invest exchange-traded funds, including ARKK.
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- ✓ Cathie Wood's Ark Invest purchased 705,102 shares of Rocket Lab.
- ✓ Ark Invest bought $37 million worth of shares in Jack Dorsey's Block Inc.
- ✓ Ark Invest dumped $25 million of Palantir shares.
- ✓ Ark Invest increased its stakes in Robinhood alongside Rocket Lab while reducing Palantir holdings.
What changed
Ark Invest expanded its positions in Rocket Lab, Block, and Robinhood while trimming its holdings in Palantir and Tempus AI.
Live updates
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Cathie Wood Loads Up on Rocket Lab and Block While Dumps Palantir
Cathie Wood and Ark Invest adjusted fund allocations by purchasing shares in Rocket Lab and Block while reducing holdings in Palantir and Tempus AI. Ark Invest acquired $37 million worth of shares in Jack Dorsey's Block Inc and added 705,102 shares of Rocket Lab. At the same time, the fund dumped $25 million of Palantir shares. These portfolio adjustments reflect ongoing allocation shifts within Ark Invest exchange-traded funds, including ARKK.
Why it matters
Cathie Wood frequently adjusts fund weightings based on market valuations and long-term growth theses. Block Inc operates in digital payments and crypto-adjacent sectors, while Rocket Lab competes in the aerospace industry. Palantir remains a high-profile target for profit-taking following previous gains.
What is confirmed
- Cathie Wood's Ark Invest purchased 705,102 shares of Rocket Lab.
- Ark Invest bought $37 million worth of shares in Jack Dorsey's Block Inc.
- Ark Invest dumped $25 million of Palantir shares.
- Ark Invest increased its stakes in Robinhood alongside Rocket Lab while reducing Palantir holdings.
What to watch next
- Future Ark Invest daily trade disclosures showing continued accumulation or liquidation of these specific equities
- Quarterly fund performance updates for ARKK
confidence 100%Sources used for this update (6)
- Seeking Alpha — Cathie Wood's weekly recap: loads Rocket Lab, Block; cuts Palantir, Tempus AI (ARKK:BATS)
- Yahoo Finance — Cathie Wood Just Bought 705,102 Shares of a Rocket Company 50 Times Smaller Than SpaceX
- The Block — Ark Invest buys $37 million worth of shares in Jack Dorsey’s Block Inc
- roundtable.io — Cathie Wood buys millions in popular crypto stock on Chelsea FC deal
- tradingview.com — Cathie Wood Dumps $25 Million of Palantir Shares. Should PLTR Investors Worry?
- Blockonomi — Cathie Wood's Ark Invest Increases Rocket Lab (RKLB) and Robinhood (HOOD) Stakes While Reducing Palantir (PLTR) Holdings
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