ARK ETFs Rebalance Portfolio with Major Alibaba Purchase and Reddit Sale
Cathie Wood's ARK Investment Management executed significant portfolio adjustments on November 11, 2025, with a $26.2 million acquisition of Alibaba shares across three ETFs. The MOVE came as the Chinese e-commerce giant's stock dipped 3.1%, signaling a strategic buy-the-dip approach.
The firm simultaneously reduced exposure to social media, selling $8.2 million worth of Reddit shares. ARK continued doubling down on biotech with a $2.1 million CRISPR Therapeutics purchase while adding $1.9 million in Baidu shares, demonstrating sustained confidence in Chinese tech equities.
Notable disposals included $7.2 million in Exact Sciences and $3.2 million in Iridium Communications. The trades reflect ARK's signature growth-focused strategy, pivoting toward undervalued tech while trimming positions in mature holdings.
