Cathie Wood Shifts ARK Invest Portfolio Away From Big Tech Toward Industrial and Biotech Plays
Cathie Wood's ARK Invest executed significant portfolio rebalancing on October 30, 2025, reducing exposure to technology stalwarts while increasing bets on industrial and genomic innovation. The MOVE signals a strategic pivot as growth trajectories evolve across sectors.
The ARK Innovation ETF (ARKK) liquidated $8.06 million worth of Iridium Communications shares, marking its third divestment this week. Satellite communications positions continue to shrink across ARK's funds. Simultaneously, the firm exited $3.97 million of Palantir Technologies through its space-focused ETF, capitalizing on the stock's government contract-driven rally.
Notable additions included Deere & Co., reflecting conviction in agricultural automation, and Pacific Biosciences, underscoring Wood's ongoing commitment to genomic disruption. These rotations occur as macroeconomic conditions favor tangible productivity gains over speculative tech growth.
