TLDR
- Cathie Wood’s ARK Invest offloaded 27,102 Tesla shares valued at $11.37 million on November 26, 2025
- ARK accumulated 62,166 Coinbase shares worth $15.79 million across three different ETFs
- The fund purchased 30,518 Deere shares totaling $15 million following a 5.7% stock price decline
- Tesla still holds the top position in ARK’s ARKK ETF portfolio despite recent selling activity
- ARK also sold stakes in Ibotta, Iridium, GitLab, and Exact Sciences while buying CoreWeave and biotech stocks
Cathie Wood’s ARK Invest executed a series of trades on November 26, 2025, reducing its Tesla position while building stakes in Coinbase and Deere. The transactions reveal Wood’s current investment priorities as she repositions her ETF holdings.
The ARKK ETF sold 27,102 Tesla shares for approximately $11.37 million. This sale extends a trend that began in early November, with ARK systematically trimming its Tesla holdings. The electric vehicle maker still ranks as the largest position within the ARKK ETF.
Tesla stock climbed 1.7% during the trading session. The company’s valuation recently surged by $90 billion as investors reacted to developments in AI and autonomous vehicle technology. However, European sales data shows a 48.5% year-over-year decline in October, raising questions about core business performance.
Heavy Investment in Cryptocurrency Exchange
ARK made Coinbase its largest purchase of the day, acquiring 62,166 shares for $15.79 million. The shares were distributed across ARKK, ARKW, and ARKF ETFs. This purchase extends ARK’s recent pattern of accumulating Coinbase stock.
The cryptocurrency exchange’s shares have fallen 26.7% over the previous month. This decline occurred despite Coinbase reporting solid third-quarter financial results. Two analysts issued downgrades recently, expressing concerns about valuation levels.
Bitcoin prices have decreased 21% during the same period. ARK’s continued purchases suggest Wood views current price levels as attractive entry points for long-term positions.
Agricultural Equipment Maker Joins Portfolio
ARK purchased 30,518 Deere shares worth roughly $15 million through its ARKQ and ARKX ETFs. These funds concentrate on autonomous technology and space exploration investments. The timing followed Deere’s November 26 stock decline of 5.7%.
Deere exceeded analyst expectations for fourth-quarter fiscal 2025 revenue and earnings. However, the stock fell after management issued a cautious fiscal 2026 outlook. Wood’s purchase indicates confidence in the company’s future despite near-term headwinds.
Portfolio Trimming Across Multiple Sectors
Beyond Tesla, ARK reduced several other positions on November 26. The fund sold 98,492 Ibotta shares for $2.26 million, continuing its exit from this stock. It also disposed of 85,356 Iridium Communications shares worth $1.40 million.
GitLab saw ARK sell 19,672 shares for $811,273. The fund offloaded 13,071 Exact Sciences shares valued at $1.32 million. These sales represent ongoing portfolio optimization as ARK reallocates capital.
ARK made smaller acquisitions in emerging technology sectors. The fund purchased 10,308 CoreWeave shares for $734,857 through ARKK. It also added positions in CRISPR Therapeutics, Klarna Group, and Recursion Pharmaceuticals.
The day’s activity totaled over $11 million in Tesla sales against more than $30 million in combined Coinbase and Deere purchases. ARK’s trading reflects a shift toward cryptocurrency infrastructure and technology-enabled industrial companies.
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