TLDR
- Cathie Wood’s ARK Invest acquired 23,724 GeneDx Holdings shares worth $3.81 million on December 3
- ARK purchased 858,295 WeRide ADSs over three trading sessions through its ARKQ ETF
- The investment firm sold $3.58 million in Iridium Communications and $1.43 million in Ibotta stock
- WeRide holds autonomous driving permits in eight countries with backing from Nvidia and Bosch
- ARK forecasts autonomous mobility could reach multi-trillion-dollar valuation by 2030
Cathie Wood’s ARK Invest executed major portfolio adjustments on December 3, 2025, concentrating on genomics and autonomous vehicle sectors. The investment firm’s largest transaction involved purchasing 23,724 shares of GeneDx Holdings Corp. The buy was distributed across ARKK and ARKG ETFs with a combined value of $3.81 million.
GeneDx specializes in genetic testing services and rare disease diagnostics. The purchase demonstrates ARK’s sustained interest in companies advancing genomic research and medical technology.
While adding genomics exposure, ARK reduced positions in other holdings. The firm offloaded 214,591 shares of Iridium Communications through its ARKK, ARKQ, and ARKX ETFs. The total value of the satellite communications stock sale reached $3.58 million.
This Iridium divestment follows a multi-day pattern of position reduction. ARK has been steadily decreasing its stake in the company throughout recent trading sessions.
Self-Driving Vehicle Investments Accelerate
WeRide Inc became a primary investment target for ARK this week. On December 3, the firm bought 191,149 shares of the autonomous driving company through ARKQ. The purchase carried a value of $1.66 million.
This acquisition forms part of a broader WeRide buying campaign. Over three consecutive trading days, ARK accumulated a total of 858,295 WeRide ADSs. The sustained buying activity indicates strong confidence in autonomous vehicle technology.
ARK’s investment thesis centers on autonomous mobility market growth. The firm’s Big Ideas 2025 report predicts the sector could develop into a multi-trillion-dollar industry. Projections suggest global robotaxi fleets may reach tens of millions of vehicles by 2030.
WeRide maintains autonomous driving permits across eight countries worldwide. The Chinese company has secured investments from leading technology and financial institutions. Major shareholders include Nvidia, Bosch, Fidelity, Morgan Stanley Investment Management, and Temasek.
Investment groups from Asia and the Middle East also hold WeRide positions. Additional backers include Greenwoods, Hudson Bay, Invesco, M&G, and Mirae Asset.
Portfolio Rebalancing Continues
ARK sold 60,304 Ibotta Inc shares on December 3 through ARKW and ARKF ETFs. The mobile rewards company stock sale generated $1.43 million. This transaction extends a week-long trend of reducing Ibotta exposure.
The firm decreased its Roku Inc holdings by selling 5,380 shares via ARKK. The streaming platform stock sale amounted to $528,638. This marks the second Roku reduction within the same week.
ARK executed several smaller acquisitions during the session. The firm purchased 1,551 Shopify Inc shares through ARKK totaling $243,243. ARK added 1,254 Bullish shares worth $53,997.
The investment firm bought 3,647 Kodiak AI Inc shares through ARKQ. The purchase value reached $20,313.
December 3 trading activity reveals ARK’s strategic portfolio repositioning. The firm is building positions in genomics and autonomous vehicle companies. At the same time, ARK is decreasing exposure to satellite communications and streaming technology stocks.
The trading pattern reflects ARK’s focus on disruptive technology investments. The firm targets companies positioned for growth in emerging markets with high revenue potential.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
