Cathie Wood Increases Tech and Fintech Investments, Reduces Tempus AI Stake

Cathie Wood’s ARK Invest ETFs made several notable portfolio adjustments on Friday, September 12, according to the funds’ daily disclosures. The renowned hedge fund manager increased investments in five companies spanning tech, fintech, and biotech, including Figma (FIG) and Bullish (BLSH), while reducing her stake in Tempus AI (TEM).

The ARK Genomic Revolution ETF (ARKG) sold 2,636 shares of Tempus AI worth $234,024, continuing its gradual withdrawal from the AI-driven health-tech company. This followed an earlier sale on Friday, where the fund offloaded 58,629 shares valued at $4.6 million.

The largest acquisition was made by the ARK Next Generation Internet ETF (ARKW), which purchased 151,501 shares of Figma valued at $8.48 million. This purchase highlights ARK’s growing interest in the creative software sector. Figma is known for its collaborative design tools that are disrupting the traditional software market, having debuted on the New York Stock Exchange on July 31 at $33 per share.

Meanwhile, the ARK Fintech Innovation fund (ARKF) added 45,037 shares of newly listed company Bullish for about $2.43 million. This continues a pattern of steady buying, indicating strong conviction in the digital currency exchange platform.

ARKF also acquired 33,710 shares of eToro Group (ETOR), valued at $1.50 million. The social trading network has gained attention for its user-friendly platform that allows investments across multiple asset classes.

At the same time, ARKG added 25,710 shares of Arcturus Therapeutics (ARCT) for $463,808. The biotech firm develops RNA-based medicines.