Cathie Wood’s ARK Invest Adjusts Portfolio: Buys Klarna, Trims Tempus AI

Cathie Wood's ARK Invest ETFs made significant portfolio adjustments on September 11, showcasing a continued appetite for recent IPO stocks while reducing exposure to Tempus AI. The ARK Innovation ETF and ARK Genomic Revolution ETF sold 58,629 shares of Tempus AI, valued at $4.6 million, alongside trimming positions in Kratos Defense and Rocket Lab.

The standout trade was ARK's purchase of 286,026 shares of Klarna Group Plc., the Swedish buy-now-pay-later giant, worth $13.1 million. Klarna's Nasdaq debut on September 10 marked the largest U.S. IPO this year, with shares surging over 30% on their first trading day. ARK Fintech Innovation had already acquired $9 million worth of Klarna shares the previous day, reinforcing Wood's bullish stance on the company's growth trajectory.

ARK Next Generation Internet ETF continued accumulating shares of undisclosed assets, signaling confidence in emerging tech opportunities. These moves highlight Wood's strategy of capitalizing on high-growth IPO momentum while selectively pruning positions in mature holdings.