Yahoo Financeยท2025-10-03 18:17Core Insights - Cathie Wood's ARK Invest is experiencing significant gains in 2025, with the ARK Innovation ETF (ARKK) up over 57% year-to-date, ARK Next Gen Internet up nearly 65%, and ARK Autonomous Tech & Robotics up 47%, all outperforming the S&P 500's 15% total return [1] Group 1: Investment Strategy - Cathie Wood's investment approach is characterized by large bets on disruptive technologies and a willingness to endure market volatility, which has aligned well with current narratives in AI and software [2] - ARK Invest has made substantial investments in Chinese tech companies, particularly Alibaba and Baidu, indicating confidence in the recovery of China's tech sector [3][4] Group 2: Recent Transactions - On October 2, ARK Innovation ETF purchased 45,478 shares of Baidu for $6.25 million and 14,453 shares of Alibaba for $2.64 million, reflecting a strategic focus on Chinese tech leveraging AI [4] - ARKQ, the Autonomous Technology & Robotics ETF, also made a smaller investment in Kodiak, a robotaxi company, indicating diversification within the tech sector [5] Group 3: Portfolio Adjustments - ARK trimmed its position in Roku by selling 64,782 shares worth $6.71 million, despite Roku's 39% year-to-date rally, suggesting a cautious outlook on the streaming platform [6] - ARK exited 44,209 shares of Brera Holdings for $1.09 million, securing profits after a 320% surge, following significant investments in the company for its pivot into crypto infrastructure [7] Group 4: Recent Activity in Chinese Tech - In the last 30 days, ARK has made multiple purchases in Baidu and Alibaba, reinforcing its commitment to Chinese tech, with significant buys recorded on September 22 and 30 [8][9]