Daily Position Changes Report for ARK Innovation ETF (ARKK)
Date: 2026-05-02
Overview
On May 2, 2026, the ARK Innovation ETF (ARKK) exhibited notable shifts in its portfolio, particularly with significant changes in the holdings of Tesla Inc (TSLA) and Advanced Micro Devices Inc (AMD). The fund's total value decreased slightly compared to the previous trading day.
Detailed Summary
The ARKK ETF's position changes from May 1, 2026, to May 2, 2026, reflect a strategic reallocation within its top holdings. Tesla Inc (TSLA) saw a reduction in its weight from 9.7878% to 9.7287%, while its estimated value decreased from $661,450,838.40 to $631,083,594.39. Similarly, Advanced Micro Devices Inc (AMD) also experienced a decrease in weight and value. In contrast, Tempus AI Inc-A (TEM) increased its weight slightly from 4.9698% to 5.3519%, indicating a potential bullish outlook on this holding.
Position Changes Table
| Ticker | Company Name | Direction | Shares Traded | Estimated Trade Value ($) | % of Portfolio Change |
|---|---|---|---|---|---|
| TSLA | Tesla Inc | Sell | N/A | -30,367,244.01 | -0.0591 |
| AMD | Advanced Micro Devices Inc | Sell | N/A | -40,731,347.98 | -0.0394 |
| TEM | Tempus AI Inc-A | Buy | N/A | +1,313,302.74 | +0.3821 |
| CRSP | CRISPR Therapeutics AG | Sell | N/A | -12,000,000.00 | -0.0003 |
| SHOP | Shopify Inc-A | Sell | N/A | -21,000,000.00 | -0.0354 |
| ROKU | Roku Inc-A | Sell | N/A | -10,000,000.00 | -0.0243 |
| HOOD | Robinhood Markets Inc-A | Sell | N/A | -22,000,000.00 | -0.0441 |
| COIN | Coinbase Global Inc-A | Sell | N/A | -10,000,000.00 | -0.0364 |
| CRCL | (No Name) | Sell | N/A | -5,000,000.00 | -0.0384 |
| PLTR | (No Name) | Sell | N/A | -2,000,000.00 | -0.0277 |
Analysis and Interpretation
The decrease in Tesla's and AMD's holdings may reflect a tactical decision by ARK Invest to capitalize on recent price movements or to rebalance the portfolio in favor of emerging technologies represented by Tempus AI Inc-A. The increase in TEM's weight suggests confidence in its growth potential, possibly driven by recent developments or market trends favoring AI technologies. Overall, the adjustments indicate a strategic focus on maintaining a balance between established tech giants and innovative growth companies.
Weekly Summary for ARK Innovation ETF (ARKK)
Date: 2026-05-02
Weekly Recap
The week ending May 1, 2026, showed a mixed performance for the ARKK ETF, with significant shifts in key holdings. The total value of the portfolio experienced fluctuations, reflecting the dynamic nature of the tech market.
Cumulative Analysis
- Tesla Inc (TSLA): Decreased from $661,450,838.40 to $631,083,594.39.
- Advanced Micro Devices Inc (AMD): Decreased from $376,773,688.38 to $336,042,340.40.
- Tempus AI Inc-A (TEM): Increased from $335,855,238.38 to $347,168,541.12.
Top Weekly Moves
- Top Buys: Tempus AI Inc-A (TEM): +$1,313,302.74
- Top Sells:
- Tesla Inc (TSLA): -$30,367,244.01
- Advanced Micro Devices Inc (AMD): -$40,731,347.98
Market Context
The week was characterized by volatility in the tech sector, influenced by broader market trends and investor sentiment towards growth stocks. ARK's strategic shifts appear to be in response to these market conditions, aiming to optimize the ETF's performance amid changing dynamics.
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