Cathie Wood-led Ark Invest was active across multiple funds on Monday, with Advanced Micro Devices Inc. (NASDAQ:AMD) again standing out as one of the biggest selling themes in the day’s trading. At the same time, the firm added to a cluster of AI, autonomous mobility and aerospace names.
The AMD Trade
Ark kept trimming AMD, selling 35,111 shares from ARK Innovation ETF (BATS:ARKK), 2,055 shares from ARK Next Generation Internet ETF (BATS:ARKW) and 1,363 shares from ARK Blockchain & Fintech Innovation ETF (BATS:ARKF), for a combined 38,529 shares. The total value of the trades was estimated to be $16.2 million, based on AMD’s closing price of $420.99.
AMD had been in focus for several reasons before Ark’s latest sale. Benzinga recently reported that CEO Lisa Su met with China’s vice premier He Lifeng in Beijing, underscoring AMD’s strategic interest in the Chinese market, while a separate analyst note lifted the stock’s price target on expectations for rising server CPU demand tied to agentic AI.
Notably, Ark had sold 13,148 shares of AMD on Friday. Wood has been offloading millions worth of AMD stock in May.
The Bullish Trade
Bullish Inc. (NYSE:BLSH) drew purchases from ARKF, ARKK and ARKW. Ark bought 4,310 shares in ARKF, 38,900 shares in ARKK and 9,098 shares in ARKW, making the crypto platform a notable new position across the firm’s funds. The value of the trade was $1.9 million based on Bullish’s closing price of $35.56.
Bullish stock fell recently despite strong first-quarter results, as analysts flagged weaker second-quarter trading volumes and uncertainty around the timing of tokenization adoption and regulatory approvals tied to its Equiniti acquisition.
The Nvidia Trade
Ark also bought Nvidia Inc. (NASDAQ:NVDA) in ARK Space & Defense Innovation ETF (BATS:ARKX), adding 5,409 shares. The trade was worth $1.2 million as Nvidia ended Monday at $222.32. The purchase reinforced Wood’s ongoing support for AI infrastructure leaders, especially as Nvidia remains one of the defining names in the artificial intelligence hardware trade.
The timing matters because Nvidia has remained under heavy investor scrutiny ahead of its earnings and valuation debate. Benzinga recently noted the “burden of perfection” around the stock, which reflects how much optimism is already built into the name.
The Tesla Trade
Another standout buy was Tesla Inc. (NASDAQ:TSLA), where Ark added 2,682 shares in ARKX. The purchase, worth $1.1 million, keeps Tesla firmly in the center of Ark’s long-running bet on autonomous driving, robotics and next-generation consumer technology. Tesla stock ended the day at $409.99.
Tesla has also been in the spotlight because of its Optimus robotics ambitions. A recent Benzinga piece argued that Elon Musk’s long-term Optimus upside could give Tesla investors a major artificial-intelligence-related bonus beyond the car business.
The Amazon Trade
Ark bought Amazon.com Inc. (NASDAQ:AMZN) in ARKX, adding 6,959 shares. The trade was valued at $1.8 million as the stock of the Jeff Bezos-founded company closed at $264.86.
Amazon remains one of the market’s most closely watched megacap growth names. Recently, billionaire investor Stanley Druckenmiller slashed his stake in Amazon by roughly 94% during the first quarter, as Duquesne Family Office trimmed exposure to major technology names amid shifting investment focus toward commodities, Latin America and healthcare.
The TSMC Trade
Ark sold Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) stock across funds, including 27,707 shares from ARKK and 2,161 shares from ARKW. The value of the trade was $11.8 million, as TSM closed at $395.95 on Monday.
Taiwan Semiconductor Manufacturing Company remained in focus after its Japan unit returned to profitability and its Arizona operations posted sharply higher earnings, as surging AI-driven chip demand fueled global expansion plans and advanced packaging investments.
The Archer Trade
Ark added Archer Aviation Inc. (NYSE:ACHR) stock to ARKX, buying 281,199 shares. The trade was valued at $1.7 million, as Archer ended Monday at $5.92.
Shares of Archer Aviation fell last week despite better-than-expected first-quarter results, as investors focused on continued heavy cash burn and broader risk-off sentiment across speculative growth stocks.
The Joby Trade
Ark also bought Joby Aviation Inc. (NYSE:JOBY) stock in ARKX, adding 118,699 shares. The transaction was estimated to be worth $1.2 million, based on the stock’s closing price of $10.35.
Shares of Joby Aviation declined Friday as broader weakness in high-growth stocks outweighed optimism around the company’s 2026 commercial launch timeline and better-than-expected first-quarter results.
Other Key Trades
- Ark bought Honeywell International Inc. (HON) in ARKX
- Purchased DoorDash Inc. (DASH) stock in ARKX.
- Ark sold Roku Inc. (ROKU) across ARKF, ARKK and ARKW.
- Ark sold Rocket Lab Corp. (RKLB) from ARKX.
Benzinga Edge Stock Rankings indicate Nvidia stock has a Momentum score in the 85th percentile and a Value score in the 4th percentile.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: ChrisStock82 / Shutterstock.com
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