Yep, the ones where ARK does not hold such a large percentage of the shares. But then again, the ones they may choose to sell first on forced liquidations may be the ones where they are not so heavily invested and thereby trigger sharp sell-offs in those. As always, everything in moderation...don't bet the farm I guess.
Exactly. Was looking into them but did a LOT of reading that confirms your point. That and I feel they have got to big to manage consistently.
I believe the only ARK stock I own is RAVN which from the ARK website is 1.34% of the ARKQ fund. ARKQ holds 1.233M shares. Raven's float is 35.27M shares. So ARKQ is holding 3.5% of Raven's float. Assuming Raven's average trading volume at 200,000 shares per day it would take ARKQ 6 days to totally liquidate. That's not long enough I know, it would take much longer so as not to effect the price. So yeah, in a forced liquidation situation ARKQ could significantly effect the price. However, the growth of public ownership is a danger in any stock as the big money distributes to them; and the ARK ETFs like all ETFs (modern day mutual funds) represent "public" ownership. In a correction, the key thing is whether the big money absorbs the selling at support and begins to re-accumulate. In the case of RAVN, it appears from my Point and Figure work that the big money would reaccumulate since the base count shows that they are campaigning for a target of $75. Current price about $42.
Been busy today, just getting around to this now Today's changes (03/01/21) ARKF DKNG +173,800 (.2539%) KSPILI +402 (.0006%) -----IBKR -113 (.0002%)----- MELI -6,807 (.2512%) ARKG ADPT +21,623 (.0114%) BLI +147,913 (.0822%) SURF +37,317 (.0031%) SRPT +95,396 (.0756%) RPTX +3,660 (.0011%) RHHBY -225,300 (.0841%) PSTI -14,036 (.0008%) -----HIMS -5,844 (.0008%)----- BMY -240,999 (.1358%) ARKK +++++BLI +102,863 (.0041%)+++++ TXG +18,835 (.0138%) TDOC +111,041 (.1025%) EXAS +7,441 (.0041%) -----SNAP -36,685 (.0100%)----- SSYS -201,400 (.0329%) -----SPLK -920 (.0006%)----- ICE -115,745 (.0528%) -----PINS -27,614 (.0094%)----- REGN -17,490 (.0326%) -----NVS -58,657 (.0207%)----- ARKQ AONE +115,889 (.0398%) FLIR -133,941 (.1933%) -----HON -64 (.0004%)----- ARKW JD +7,310 (.0084%) TDOC +88,691 (.2349%) PYPL +21,430 (.0676%) -----SPLK -2,248 (.0040%)----- TCEHY -340,177 (.3617%) -----CRM -3,443 (.0088%)----- -----AAPL -13,664 (.0206%)----- -----BABA -3,075 (.0088%)----- Highlights: Cathie added 50% to her position in DKNG in ARKF. IBKR position closed in ARKF. HIMS position closed in ARKG. BLI position opened in ARKK. SNAP position closed in ARKK. SPLK position closed in ARKK and ARKW. PINS position closed in ARKK. NVS position closed in ARKK. AONE position was increased by 50% in ARKQ. HON position closed in ARKQ. CRM position closed in ARKW. AAPL position closed in ARKW. BABA position closed in ARKW.
So this is how it works? Take a position, broadcast it, stock goes +10%, fund performance looks great, take profits, reinvest in the next one, rinse and repeat?
Also, holy crap these funds do a lot of adjustments! Glad I am just following the top holdings for ideas.
Last two day's changes (03/02/21 - 03/03/21) ARKF KSPILI +7,681 (.0119%) KSPILI +2,651 (.0042%) ARKG ADPT +83,295 (.0413%) ACCD +53,762 (.0232%) SURF +150,000 (.0125%) SRPT +13,169 (.0107%) RPTX +6,578 (.0011%) VEEV +75,900 (.2060%) TXG +49,218 (.0839%) SRPT +87,700 (.0762%) ONEM +169,564 (.0750%) RPTX +16,969 (.0053%) MASS +126,362 (.0635%) BFLY +390,584 (.0650%) CMLF +332,617 (.0604%) CDXS +16,991 (.0035%) ACCD +93,700 (.0411%) ADPT +244,014 (.1219%) RHHBY -130,132 (.0495%) PSTI -8,567 (.0005%) BMY -81,400 (.0464%) RHHBY -515,538 (.2047%) PSTI -120 (.0000%) BMY -198,865 (.1171%)GOOGL -10,400 (.2056%) ARKK BLI +154,347 (.0395%) ZM +255,621 (.4048%) BEAM +80,651 (.0310%) EXAS +191,434 (.1081%) TDOC +226,209 (.2047%) FATE +148,508 (.0577%) BLI +305,000 (.0795%) EXAS +62,847 (.0362%) U +142,314 (.0627%) ZM +134,399 (.2091%) BEAM +327,030 (.1233%) PLTR +1,988,500 (.2099%) TSM -532,806 (.2872%) TCEHY -273,293 (.1073%) NTDOY -59,162 (.0188%) ICE -97,749 (.0477%) BIDU -267,378 (.3393%) BEKE -8,847 (.0024%) ARKQ AONE +434,479 (.1511%) EXPC +235,110 (.0944%) ESLT +3,376 (.0124%) ACIC +113,800 (.0404%) ++++++U +173,600 (.5114%)++++++ EXPC +84,800 (.0339%) ESLT +2,740 (.0103%) AONE +554,800 (.1957%) FLIR -152,514 (.2259%) DE -31,474 (.3083%) FLIR -160,593 (.2446%) ARKW JD +227,660 (.2691%) PYPL +66,641 (.2186%) U +189,900 (.2534%) TSLA +23,320 (.1986%) TDOC +78,940 (.2095%) PLTR +670,300 (.2079%) ZM +89,672 (.4010%) FB -92,982 (.2954%) NVDA -85,856 (.5689%) TSM -316,428 (.5008%) API -113,066 (.0900%) Highlights: Nothing notable in ARKF. Nothing notable in ARKG. BLI position increased by 400%ish last 2 days and opened this week (still 2nd smallest holding) in ARKK. PLTR position increased by 33% in ARKK and a smaller add in ARKW. TSM position decreased by >50% in ARKK and on it's way out. AONE had big adds in ARKQ again (both days). U position opened in ARKQ (it already exists in ARKK and ARKW and was added onto as well). Big sales in FLIR in ARKQ and on it's way out the door. FB, NVDA, and TSM all had big sales in ARKW and could possibly be on the way out the door.
Last two day's changes (03/04/21) ARKF KSPILI +1,386 (.0023%) SHOP +7,426 (.2011%) FB -31,754 (.1966%) ARKG ADPT +188,000 (.0931%) ACCD +190,345 (.0806%) SDGR +438,389 (.3485%) SRPT +11,900 (.0109%) RPTX +30,543 (.0090%) CMLF +476,900 (.0841%) TXG +99,714 (.1744%) CDXS +196,226 (.0409%) ONEM +440,300 (.1966%) BFLY +554,757 (.0911%) MASS +108,400 (.0545%) RHHBY -264,000 (.1129%) PSTI -100 (.0000%) VRTX -186,800 (.4103%) REGN -9,831 (.0459%) GOOGL -21,130 (.4558%) ARKK BLI +780,466 (.1966%) ZM +137,415 (.2161%) BEAM +163,100 (.0597%) SHOP +29,279 (.1583%) TDOC +282,246 (.2547%) FATE +229,307 (.0894%) SQ +292,665 (.3044%) ROKU +120,366 (.2009%) U +317,200 (.1465%) Z +320,124 (.2027%) TSM -413,563 (.2278%) TCEHY -488,519 (.1959%) NTDOY -53,126 (.0172%) ICE -208,236 (.1073%) PCAR -107,100 (.0456%) REGN -44,884 (.0927%) PYPL -893,007 (.9902%) TREE -50,019 (.0543%) NVS -131,888 (.0506%) ARKQ TER +57,694 (.2026%) VUZI +285,200 (.1519%) ESLT +2,737 (.0107%) WKHS +497,900 (.1996%) NIU +161,459 (.1618%) ROK -84,605 (.6271%) AMZN -2,800 (.2536%) AAPL -28,700 (.1047%) FLIR -42,237 (.0668%) ARKW SQ +85,402 (.2512%) SKLZ +942,700 (.3525%) SHOP +12,778 (.1958%) ROKU +52,601 (.2510%) OPEN +35,771 (.0130%) Z +138,390 (.2560%) FB -143,175 (.4996%) NFLX -35,604 (.2457%) TSM -342,919 (.5354%) API -20,202 (.0167%) Highlights: Nothing notable in ARKF. ARKG seems to just be a bunch of rebalancing of the portfolio this week. ONEM position was increased by ~50%. GOOGL position cut in half. BLI position doubled again in ARKK. TSM position decreased by another ~90% in ARKK and ARKW. It will be gone today I'm sure. PYPL position decreased by ~33% in ARKK. This one is baffling as she was just buying it earlier this week and weeks before as well. Now she makes the 2nd largest sale of a single stock I've seen her make in the weeks I've been watching. Nearly 1% portfolio move with one trade and a flip in her position on it going from big buys to a huge sale. Cathie continues to be bullish on WKHS in ARKQ. I just don't understand this one at all... ROK, AMZN, AAPL, FLIR positions all decreased by >50% and near the bottom of the ARKQ portfolio. Sales in these have become regular. They'll all be gone by end of next week is my guess. SKLZ position increased by 50% in ARKW.
Friday's changes (03/05/21) ARKF KSPILI +56,481 (.0361%) DKNG +101,400 (.0591%) SI +80,630 (.0855%) Z +74,252 (.2445%) FB -40,578 (.2581%) LSPDCN -242,193 (.1716%) ARKG SEER +915,000 (.1268%) ACCD +412,400 (.0824%) SDGR +188,900 (.1396%) CDXS +227,737 (.0321%) RPTX +361,500 (.0066%) CMLF +268,000 (.0438%) BFLY +989,100 (.0289%) RHHBY -536,611 (.1022%) GOOGL -17,700 (.3963%) ARKK BLI +627,000 (.0760%) TSLA +19,272 (.0528%) BEAM +331,000 (.0401%) PLTR +460,300 (.0502%) TDOC +162,549 (.1433%) FATE +163,146 (.0617%) ROKU +147,165 (.2320%) SPOT -238,654 (.3036%) TCEHY -501,351 (.2024%) NTDOY -102,072 (.0339%) ICE -93,837 (.0502%) PCAR -121,100 (.0460%) REGN -21,525 (.0462%) ARKQ TSLA +17,440 (.3114%) VUZI +492,700 (.0588%) ESLT +29,717 (.0139%) WKHS +494,600 (.1554%) NIU +31,200 (.0309%) SPCE +219,800 (.1936%) ROK -59,210 (.4435%) AMZN -2,453 (.1169%) AAPL -27,787 (.1004%) ARKW TSLA +71,481 (.5902%) TTD +28,001 (.2368%) ROKU +48,625 (.0151%) PYPL -132,675 (.4413%) NVDA -64,293 (.4469%) Highlights: DKNG has been gaining popularity and ARKF just got a 25% increase. Huge sale in LSPD. New position SEER with an 80% position increase in ARKG. GOOGL position all but closed in ARKG. BLI position basically doubled again in ARKK. Another add of TSLA in ARKK and ARKQ and ARKW. Cathie continues to be bullish on WKHS in ARKQ. I just don't understand this one at all... (copied this from my last post lol) Another big add of VUZI in ARKQ. ROK, AMZN, AAPL, FLIR positions all decreased by >50% and near the bottom of the ARKQ portfolio. Sales in these have become regular. They'll all be gone by end of next week is my guess. Pretty big sales of PYPL and NVDA in ARKW.
SPCE dumped that one just before the huge selloff, charts were showing I made a bad call but sentiment was saying otherwise. Charts can fool you, some fail to understand that. Definitely will be getting back in at some point. ARK has taken a beating, but longtermers may keep it in their sights.
Yep. Those long red bars at the bottom means they wanted out. Somebody collected their profits, it has had a heck of a run. Just gave back nearly 4 months.
Ya if something goes up much faster than the overall market, it will also go down faster. I’d expect if the market tested ATH’s again, this would have already broken them by a lot. It’s almost like a 3x leveraged market etf.
Yesterday's changes (03/08/21) ARKF KSPILI +5,505 (.0098%) DKNG +56,900 (.0926%) SE +53,430 (.3007%) JD +132,370 (.3025%) FB -44,207 (.3038%) LSPDCN -121,515 (.1839%) TSM -99,749 (.3061%) ARKG SEER +184,587 (.0894%) ACCD +75,140 (.0345%) SDGR +126,050 (.0945%) CDXS +82,471 (.0182%) RPTX +34,321 (.0106%) BFLY +233,248 (.0431%) RHHBY -190,900 (.0881%) GOOGL -1,100 (.0255%) REGN -46,695 (.2482%) ARKK BLI +170,144 (.0415%) +++++DKNG +748,201 (.2264%)+++++ BEAM +69,259 (.0248%) FATE +93,230 (.0368%) ICE -98,617 (.0561%) PYPL -182,219 (.2077%) ARKQ ESLT +2,934 (.0124%) AONE +13,118 (.0046%) NIU +96,045 (.0963%) KTOS +142,951 (.1081%) DE -7,912 (.0908%) AMZN -297 (.0285%) CAT -8,800 (.0634%) ARKW SE +110,382 (.3488%) JD +310,807 (.4043%) ROKU +44,856 (.2313%) SKLZ +61,259 (.0224%) NFLX -47,914 (.3621%) BIDU -134,423 (.4752%) API -24,480 (.0212%) FB -51,532 (.2012%) Highlights: LSPD and TSM both on their way out the door in ARKF. New position SEER two trading days ago was increased by about 50% in ARKG. GOOGL position all but closed in ARKG (copied from previous update since there's still a mere 810 shares now). New position in DKNG in ARKK (already exists in ARKF and was added onto as well). AMZN down to about 1100 shares in the ARKQ fund. SE and JD were two of the biggest position increases in ARKW by about 25% increases. BIDU position decreased by about 25% in ARKW. Cathie has gone bearish on every one of the FAANG stocks if my memory serves correct. She's almost dumped most or is working on it in every fund. She also included a correction to some of the share price changes from her previous update with some corrections. Here they are. Not going to go back and double check how different these are because I'm lazy.
Yesterday's changes (03/09/21) ARKF KSPILI +6,894 (.0100%) ARKG RPTX +1,660 (.0000%) ADPT +700 (.0000%) RHHBY -90,207 (.0400%) PSTI -56,282 (.0000%) ARKK DKNG +949,200 (.2700%) ICE -34,692 (.0200%) PYPL -268,690 (.2900%) ARKQ ESLT +205 (.0000%) AONE +68,074 (.0200%) JD +103,634 (.2800%) KTOS +100 (.0000%) ROK -3,217 (.0300%) AMZN -982 (.0900%) TSM -85,278 (.3100%) ARKW SKLZ +486,500 (.1700%) BIDU -74,769 (.2700%) API -103,400 (.0800%) Highlights: Nothing significant in ARKF, ARKG, ARKQ, or ARKW. DKNG position doubled in ARKK. This was added new Monday to ARKK.
Many of the ARK charts look similar to ARKQ which appears to have printed a selling climax (SC) and an automatic rally (AR), aka short covering rally. Today's upthrust into resistance was met with selling as evidenced by the low end close under resistance. So a trading range may be defined here. After it tests the SC with a secondary test (ST), then bulls will need it to prove that demand is present. As it is, supply is in the background, selling is in control, such that if demand doesn't prove itself the downtrend must be assumed to continue. Daily Bars:
