It’s only a matter of time before that “CT lead” role gets disrupted by AI.Would you let your community be managed by an AI overlord?https://t.co/G55js9oVy6 ...

“I'm not actually a fan of disruption for its own sake. If there's a need for something to be disrupted and it's important to the future of the world, then sure, then we should disrupt it.”Elon Muskhttps://t.co/ZrJTiZIMTb ...

Fund Performance & Strategy - ARK Innovation ETF experienced a significant rise from $33 in March 2020 to nearly $160 in less than a year, a nearly 400% increase [2][3] - The ETF subsequently dropped 82% from its peak as pandemic stimulus faded in 2021 [3][9] - ARK actively rebalances its portfolio daily, impacting the relative weight of holdings [6] - ARK's portfolio has rotated into themes like gaming, crypto, and early AI plays [10] Tesla's Dominance - Tesla's position in ARK soared from approximately $200 million at the end of 2019 to $2.4 billion at its peak [4][9] - Tesla has consistently been a significant portion of the fund, at one point accounting for one-sixth of the entire ETF [4][6] - Even when Tesla's share price moved sideways, its relative weight in the fund increased due to ARK trimming other positions [5] Portfolio Changes - The number of stocks in ARK initially increased to nearly 60 but decreased as the fund lost value [4] - Teladoc, once a $1.4 billion position, has been entirely eliminated from the portfolio [11] - Stocks like Zillow, Zoom, and Spotify, formerly worth $700 million in ARK, are also gone [11] New & Increased Positions - Coinbase was added shortly after its IPO and now represents about 9% of ARK, up approximately 7 percentage points [12][13] - Palantir was added about 5 months after its IPO and now constitutes 5% of the fund, up nearly 4 percentage points [13] - ARK increased its positions in Roku and Tesla, with these five stocks representing almost a quarter of the fund [13][14]