ARK Invest Buys Over $444 Million in SpaceX Stock While Cutting $39.33 Million in AMD

ARK Invest Buys Over $444 Million in SpaceX Stock While Cutting $39.33 Million in AMD

N
News Editor
2026-06-13 08:00:52
ARK Invest, led by Cathie Wood, disclosed its trading records for June 12, 2026. Multiple ETFs under the firm bought 3,291,184 shares of SpaceX worth $444,309,840, while ARKQ, ARKW and ARKX sold 80,536 shares of AMD valued at $39,337,809.
ARK InvestCathie WoodSpaceXAMDETFWhale Movement

TechFlow reported on June 13 that ARK Invest, the investment firm led by Cathie Wood, released its trading records for Friday, June 12, 2026. The filing showed two notable portfolio moves on the same trading day: a large purchase of SpaceX shares across several ARK ETFs and a continued reduction in AMD holdings.

Several ARK ETFs Added SpaceX Shares

According to the disclosed trading data, multiple ETFs managed by ARK Invest bought a combined 3,291,184 shares of SpaceX. The total value of the transaction reached $444,309,840, putting the size of the purchase at more than $444 million. This was the largest figure highlighted in the reported trading activity.

The SpaceX purchase shows that ARK Invest directed a substantial amount of capital toward the space technology sector on that trading day. The source report stated that the move reflected the fund’s growing interest in space technology. ARK Invest is known for its actively managed ETFs and thematic investment approach, while Cathie Wood is widely referred to in Chinese-language markets as “Wood Sister.”

AMD Position Reduced Through ARKQ, ARKW and ARKX

At the same time, ARK Invest reduced its exposure to AMD (AMD.O). The firm sold a total of 80,536 AMD shares through three ETFs: ARKQ, ARKW and ARKX. The combined transaction value was $39,337,809. The source report described this sale as a continuation of ARK Invest’s trend of cutting its AMD position.

The June 12, 2026 trading record therefore highlighted two clear allocation changes by ARK Invest: the purchase of more than $444 million in SpaceX stock through multiple ETFs, and the sale of approximately $39.33 million in AMD stock through ARKQ, ARKW and ARKX. The information was attributed to Jinshi in the original report.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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