Cathie Wood’s ARK Invest ETFs (exchange-traded funds) made notable portfolio changes on Thursday, February 12, as shown in daily fund disclosures. Wood accumulated shares in companies hit by post-earnings sell-offs, signaling attractive entry points and long-term conviction. During earnings season, investors like Cathie Wood actively adjust portfolios as companies share quarterly results and future plans, which often cause big stock price swings.
Shares of Robinhood Markets ($HOOD) and Shopify ($SHOP) plunged further yesterday due to disappointing quarterly results. She also added more shares of health tech company Tempus AI ($TEM) and gaming platform Roblox ($RBLX) to her portfolio.
Here is the gist of Wood’s Key Purchases from February 12:
On the sell side, Wood continued trimming exposure to vacation-rental firm Airbnb ($ABNB), test-equipment maker Teradyne ($TER), betting platform DraftKings ($DKNG), and social media site Pinterest ($PINS). She sold millions in these stocks and reinvested the cash into names like Robinhood and Shopify, where she sees stronger long-term growth potential.
Here is the gist of Wood’s key Sell trades from February 12:
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 Robinhood Markets and Pinterest stocks, with both having an implied upside potential of more than 90% over the next twelve months.
