ARK Invest increased its holdings of Coinbase and Bitcoin ETFs in the first quarter, while reducing its holdings of Tesla

Odaily Planet Daily News: In the first quarter, the ARK investment fund led by "Wooden Sister" had a total market value of 9.9 billion US dollars, with the top ten holdings accounting for 48.49% of the total market value. The holding strategy of "Wooden Sister" in the first quarter showed a positive layout in emerging technology and biotechnology fields, while adjusting and optimizing some of its holdings. In the first quarter, ARK increased its holdings in AI (Palantir, UiPath), blockchain (Coinbase, Bitcoin ETF), and biotechnology (CRISPR, Teladoc), while reducing its holdings in Tesla (intensifying competition) and Zoom (slowing growth). Although Tesla remains the largest shareholder, accounting for 8.45% of the investment portfolio, its holdings decreased slightly by 0.87% in the first quarter, marking the third consecutive quarter of reducing Tesla holdings. (Golden Ten)