Star portfolio manager Cathie Wood’s Ark Investment Management filed its 13F holdings report for the fourth quarter on Feb. 4. As usual, there were many moves into and out of the investment management firm’s holdings.

Cathie Wood stocks have done well in the past few months, with the ARK Innovation ETF (ARKK) soaring by 72% to $64. It has risen by 40% in the last 12 months compared to the Nasdaq 100 index that has risen by 24%.

Cathie Wood and Ark Invest sold roughly $7,379,804 worth of Palantir stock — and spent $9,145,824 on three biotech stocks.

Feb. 4, 2025, Cathie Wood-led Ark Invest dumped $7.4 million worth of Palantir stock even as the shares rose 24% over 24-hours.

Cathie Wood, chief of Ark Investment Management, believes in tech stocks that will have a “disruptive” impact in the future. She often trims her stakes to lock up profits. Sometimes, her strategy works: The flagship ARK Innovation ETF (ARKK) has returned 10.

Ark Invest co-founder and CEO Cathie Wood is one of the best-known growth investors in the realm of exchange-traded funds (ETFs). She also happens to be one of the most aggressive, loading up Ark Invest with high-flying and disruptive investments.

Legendary fund manager Cathie Wood isn’t typically associated with boring, dividend-paying companies. Known for picking up revolutionary firms such as Nvidia (NVDA), Tesla (TSLA) and Palantir (PLTR) on the cheap,