Famed investor Cathie Wood bought shares of two major companies and sold shares of two others Nov. 4, continuing her double-sided trading pattern.
The chief executive of Ark Investment Management acquired 1,682,361 shares of online sports betting company DraftKings (DKNG ) through several Ark funds. That kitty was valued at $19 million as of Friday’s close.
DraftKings sank 28% Friday, the biggest drop since it began trading in 2019, after the company said its user growth slowed in the third quarter.
Wood has said throughout 2022 that the decline of the young, “disruptive” technology companies that she favors has created buying opportunities. DraftKings has slid 59% year to date.
But Wood apparently doesn’t see Nvidia’s (NVDA ) descent as a buying opportunity. Ark Innovation ETF (ARKK ) dumped 167,914 shares of the giant semiconductor maker Friday. The shares were valued at $23.8 million as of Friday’s close.
Nvidia has tumbled 52% so far in 2022. Chip stocks have suffered this year amid supply-chain bottlenecks and slumping demand.
Ark funds snagged 161,565 shares of video streaming company Roku (ເກົາຫຼີ ) , valued at $8 million as of Friday’s close. It has plummeted 78% year to date.
ການປະດິດສ້າງຂອງ Ark Fintech ETF (ARKF ) sold 277,519 shares of online securities brokerage ຕະຫລາດ Robinhood (ຝາກະໂປງຫນ້າ ) , valued at $3.4 million as of Friday’s close.
It has lost 30% so far this year, but has climbed 11% in the last month. Wood bought $1.7 million worth of Robinhood Nov. 1. So it’s difficult to make out what she thinks of this stock.
Ark’s ETFs have tumbled this year, as their technology stock holdings suffered from weak earnings. Wood has defended herself by noting that she has a five-year investment horizon.
And the five-year track record of her flagship Ark Innovation ETF could indeed give investors comfort up to May 9. The fund’s five-year return beat that of the S&P 500 ຈົນກ່ວານັ້ນ. ແຕ່ຜົນຕອບແທນປະຈໍາປີຫ້າປີຂອງ Ark Innovation ມີພຽງແຕ່ 1.5% ຈົນເຖິງວັນທີ 4 ພະຈິກ, ໄກຈາກຜົນຕອບແທນຂອງ S&P 500 9.75%.
ການປະຕິບັດຂອງກອງທຶນຍັງຕໍ່າກວ່າເປົ້າຫມາຍຂອງ Wood ສໍາລັບຜົນຕອບແທນປະຈໍາປີຂອງ 15% ໃນໄລຍະຫ້າປີ.
Ark Innovation has tumbled 64% so far this year, and it’s down 78% from its February 2021 peak.
The $6.9 billion fund’s underperformance may finally be starting to push investors away. Ark Innovation suffered a net outflow of $486 million in the three months through Nov.4, according to VettaFi, an ETF research firm. But it has still registered an inflow of $1.26 billion year to date.
Cathie Wood Gets a lot of Criticism ເຈົ້າອາດຈະສົງໄສວ່າເປັນຫຍັງນັກລົງທຶນຫຼາຍຄົນຈຶ່ງຕິດຢູ່ກັບ Wood, ເຖິງວ່າຈະມີຜົນຕອບແທນປານກາງຂອງນາງ. ຄວາມຈິງທີ່ວ່ານາງມີຫນຶ່ງປີທີ່ຫນ້າປະທັບໃຈແນ່ນອນຊ່ວຍໄດ້. Ark Innovation ETF ເພີ່ມຂຶ້ນ 153% ໃນປີ 2020.
ນອກຈາກນີ້, Wood ໄດ້ກາຍເປັນບາງສິ່ງບາງຢ່າງຂອງດາວ Rock ໃນໂລກການລົງທຶນ, ປາກົດຢູ່ໃນສື່ມວນຊົນເລື້ອຍໆ. ນາງມີຄວາມສະຫຼາດຢ່າງຈະແຈ້ງແລະມີສະຕິປັນຍາ, ອະທິບາຍແນວຄວາມຄິດທາງດ້ານການເງິນໃນວິທີທີ່ນັກລົງທຶນຈົວສາມາດເຂົ້າໃຈໄດ້.
ຢ່າງໃດກໍຕາມ, Wood ຍັງມີຜູ້ຂັດຂວາງຂອງນາງ. ໃນວັນທີ 29 ມີນານີ້, ນັກວິເຄາະ Morningstar Robby Greengold ໄດ້ອອກຄໍາວິຈານທີ່ຫນ້າຢ້ານຂອງ Ark Innovation.
ລາວຂຽນວ່າ "ARKK ສະແດງໃຫ້ເຫັນສັນຍານຈໍານວນຫນ້ອຍຂອງການປັບປຸງການຄຸ້ມຄອງຄວາມສ່ຽງຫຼືຄວາມສາມາດໃນການຄົ້ນຫາອານາເຂດທີ່ທ້າທາຍທີ່ມັນຄົ້ນຫາຢ່າງສໍາເລັດຜົນ,"
Wood ໄດ້ຕອບໂຕ້ຈຸດຂອງ Greengold ໃນການສໍາພາດກັບ Magnifi Media ໂດຍ Tifin. "ຂ້ອຍຮູ້ວ່າມີບໍລິສັດເຊັ່ນນັ້ນ [Morningstar] ທີ່ບໍ່ເຂົ້າໃຈສິ່ງທີ່ພວກເຮົາເຮັດ," ນາງເວົ້າ.
Source: https://www.thestreet.com/investing/cathie-wood-ark-draftkings-invidia?puc=yahoo&cm_ven=YAHOO&yptr=yahoo