Newsletter covering the ARK Funds performance for the week, fund stock performance and fund holdings activity.
Two things that really stand out from last week are there was a lot of cash activity and significant increase in Palantir. Morgan Stanley Govt positions are money market accounts for the funds' cash. ARK Innovation (ARKK) added a significant amount of Palantir (PLTR).
The ARK Funds have had a couple of tough weeks. If we look at the Market Value Most Decrease its clear to see why. Stocks like Tesla (TSLA), Square (SQ), Paypal (PYPL) and others which represent large positions in multiple funds have had a tough couple of weeks.
ARK Funds Week of 3/22/21 - 3/26/2021
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