This article first appeared on GuruFocus .
Cathie Wood's ARK Invest funds bought Alphabet ( NASDAQ:GOOGL ), CoreWeave ( NASDAQ:CRWV ), Intellia Therapeutics (NTLA) and Kratos Defense & Security Solutions on Tuesday, while trimming Bullish ( NYSE:BLSH ), Roku and Intercontinental Exchange, according to daily trade disclosures.
ARK Innovation bought 40,656 Alphabet shares, worth about $14.17 million, before the search and cloud company's quarterly report later in the day. It also picked up 162,306 CoreWeave shares across ARKK and ARKW, a trade valued at more than $18.18 million.
The firm added 596,171 Intellia shares through ARKK and ARKG, worth about $7.77 million, ahead of Thursday's results. The filings also showed a new buy in Kratos, though the disclosure did not provide a dollar figure in the excerpt reviewed.
On the selling side, ARKW trimmed 27,526 Bullish shares, worth about $1.07 million, as the stock rose 2% to $39.82. ARK also reduced positions in Roku and Intercontinental Exchange, signaling a rotation toward AI-linked growth names.
