ARK Invest increased its holdings of Coinbase and Bitcoin ETFs in the first quarter

In the first quarter, the Ark investment fund ARK held a total market value of 9.99 billion US dollars, and the top ten holdings accounted for 48.49% of the total market value. "Sister Wood"'s position strategy in the first quarter showed a positive layout in the emerging technology and biotechnology fields, while adjusting and optimizing some positions. In the first quarter, ARK increased its holdings in AI (Palantir, UiPath), blockchain (Coinbase, Bitcoin ETF), biotechnology (CRISPR, Teladoc), and reduced its holdings in Tesla (increased competition) and Zoom (slower growth). Although Tesla is still the largest shareholder, accounting for 8.45% of the portfolio, its holdings slightly decreased by 0.87% in the first quarter, marking the third consecutive quarter of Tesla's holdings.