TLDR
- Cathie Wood offloaded approximately $35 million in Teradyne stock on February 23, 2026
- Following a 5.1% decline in price, ARK invested $11.82 million into Figma
- Both AMD and Broadcom received new investments of roughly $6-7 million
- Alphabet secured around $6 million, while the DraftKings position was further reduced
- ARK also liquidated holdings in Taiwan Semiconductor and Iridium Communications
According to the firm’s daily ETF disclosures, ARK Invest, led by Cathie Wood, executed several portfolio adjustments on Monday, February 23, 2026.
The most significant transaction involved the sale of 109,992 shares in test-equipment manufacturer Teradyne, totaling roughly $35.7 million. This sale continues ARK’s trend of decreasing its Teradyne holdings over recent trading days.
Although Teradyne stock surged following its earnings report on February 2, it has since retreated, falling almost 2% on Monday.
ARK allocated a portion of the sale proceeds to acquire shares in Figma, a cloud-based design platform. The firm spent approximately $12.46 million to purchase 477,445 shares distributed across its ARKK and ARKW ETFs.
With Figma shares down 5.1% that day, ARK seemingly viewed the dip as a chance to buy. The company recently surpassed analyst forecasts for both earnings and revenue.
CEO Dylan Field countered worries that artificial intelligence might negatively impact traditional software firms, highlighting Figma’s integrated AI features as a catalyst for growth.
ARK Increases Holdings in AMD and Broadcom with Semiconductor Plays
ARK acquired 34,573 shares of Advanced Micro Devices for about $6.92 million. The stock slipped 1.8% amid reports regarding postponements of its Instinct MI455X AI accelerator chips.
These delays coincided with reports of an expanded AI collaboration with Meta, exerting additional downward pressure on AMD’s share price.
The firm’s robotics-centric ETF, ARKQ, purchased 18,534 shares of Broadcom valued at $6.17 million. Wood is accumulating Broadcom shares prior to its upcoming earnings release, with a particular focus on the company’s custom AI chip operations.
Furthermore, ARK bought 19,105 shares of Alphabet’s Class C stock, amounting to around $6 million. The parent company of Google saw its shares decline by approximately 1% on Monday, tracking a broader market downturn.
ARK Maintains Exit Strategy from DraftKings
Regarding sales, ARK divested 248,197 shares of DraftKings for $5.54 million. This transaction aligns with the ongoing strategy of lessening the fund’s exposure to the digital sports betting sector.
The firm also offloaded 179,330 shares of Iridium Communications for $4.11 million and reduced its position in Taiwan Semiconductor by 12,629 shares, worth $4.68 million.
Minor acquisitions included 66,695 shares of Aurora Innovation for $3.18 million and 33,078 shares of DoorDash for $5.83 million.
ARK increased its stake in Klarna by 61,525 shares, valued at $804,747, while simultaneously selling a minor holding in Intercontinental Exchange for $397,345.
Overall, Monday’s trading activity by ARK highlighted a distinct strategy: shifting capital away from Teradyne and DraftKings to bolster positions in technology stocks closely tied to AI, such as Figma, Broadcom, AMD, and Alphabet.
