Cathie Wood’s ARK Raised Nvidia Stake 85% Before November Leadership Turmoil

Cathie Wood’s ARK Investment Management increased its Nvidia ($NVDA) holdings by 85.4% during the third quarter, reporting 2.56 million shares worth an estimated $584.9 million at the end of the third quarter. The September 30 snapshot predates November’s leadership turmoil and Jensen Huang’s resignation.

• ARK added approximately 1.18 million Nvidia shares from June 30, making it the filing’s fifth-largest holding by estimated quarter-end value.
• SpaceX holdings increased from 4.48 million to 6.75 million shares, worth an estimated $1.02 billion at third-quarter end.
• Tesla remained the largest reported position, worth an estimated $1.20 billion at third-quarter end. Shares increased from 2.76 million to 3.37 million.
• Circle Internet Group holdings rose from 4.56 million to 6.86 million shares, worth an estimated $563.5 million at third-quarter end.
• The filing does not disclose individual purchase dates or establish ARK’s current positions.

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Editor’s Note: This is a developing story. This article may be updated as more details become available.