TLDR
- ARK Invest purchased 157,731 Alibaba shares worth $26.2 million on November 11, 2025, spread across three ETFs
- The investment firm sold 40,000 Reddit shares valued at $8.2 million as the stock climbed 2%
- ARK added 39,250 CRISPR Therapeutics shares for $2.1 million, continuing recent buying activity
- The funds invested $1.9 million in Baidu while reducing positions in Exact Sciences and Iridium Communications
- Total investment in Chinese tech companies reached approximately $27 million that day
Cathie Wood’s ARK Invest revealed major portfolio adjustments on November 11, 2025, with the firm’s largest trade involving Chinese e-commerce leader Alibaba. ARK purchased 157,731 Alibaba shares totaling $26.2 million across three different funds.
Alibaba Group Holding Limited, BABA
The Alibaba acquisition was distributed among multiple ARK exchange-traded funds. ARK Innovation ETF bought 117,335 shares, ARK Next Generation Fintech ETF purchased 33,415 shares, and ARK Fintech Innovation ETF added 6,981 shares. Wood made the purchase as Alibaba stock declined 3.1% during the trading session.
ARK also expanded its Chinese technology exposure through Baidu. The funds acquired 14,531 Baidu shares worth $1.9 million. ARK Innovation ETF purchased 12,006 shares while ARK Autonomous Technology & Robotics ETF bought 2,525 shares.
Major Reddit Stock Sale
ARK divested 40,000 Reddit shares valued at $8.2 million on the same day. The sale was divided between ARK Next Generation Fintech ETF and ARK Fintech Innovation ETF. Reddit stock gained nearly 2% during the November 11 trading session.
This divestment represents one of ARK’s largest single-day Reddit sales. The move reduces the fund’s overall exposure to the social media platform.
Biotech and Healthcare Moves
ARK purchased 39,250 CRISPR Therapeutics shares for $2.1 million. This continues the fund’s pattern of building a position in the gene-editing company over multiple trading days.
The funds bought 17,654 Tempus AI shares worth $1.3 million. This healthcare artificial intelligence company fits ARK’s investment focus on medical technology innovation.
ARK sold 108,664 Exact Sciences shares for $7.2 million. The cancer screening company’s stock rose 1.4% that day. The timing suggests profit-taking on the price increase.
The funds also purchased 15,743 Twist Bioscience shares for $487,403. This synthetic biology company expands ARK’s biotech portfolio.
Communications and Tech Sales
ARK sold 192,986 Iridium Communications shares worth $3.2 million. The satellite communications company’s stock increased 1.5% on November 11. This sale continues a multi-day selling pattern in Iridium stock.
The funds also sold 789 Tesla shares valued at $351,286. This represents a minor adjustment to ARK’s Tesla holdings.
The November 11 trades demonstrate ARK’s strategy of adding Chinese technology exposure while reducing positions in social media and select healthcare companies. The combined investment in Alibaba and Baidu totaled approximately $27 million that day.
Wood’s decision to buy Alibaba during a price decline suggests confidence in the stock’s long-term potential. The Reddit sale, timed with a price increase, indicates profit-taking from recent gains.
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