Palantir Dominates Ark Stock Buys as Roche, Novartis, and Twitter Get Dumped

Palantir Dominates Ark Stock Buys as Roche, Novartis, and Twitter Get Dumped

On August 12, 2021, Ark Invest bought about 5.6 million shares of Palantir, in a day that saw the ETF fund dump Roche, Novartis, Twitter, and Alphabet stocks.

Ark sold 132,596 shares of Roche, 225,465 shares of Twitter, 92,693 shares of Novartis, and only 2,066 shares of Alphabet.

The ETF fund also dumped 128,880 shares of Square, 22,209 shares of Shopify, 79,917 shares of 3D Systems, and 8,062 shares of Alibaba Group. 

About 176,259 shares of Trade Desk Inc., 42,669 shares of Regeneron, and 114,850 shares of Nintendo were also taken off the books of Ark.

Other stock sales of Ark included Base Inc., OpenDoor Technologies, Veeva Systems, Seer Inc., Sea Ltd, and BYD Co. Ltd.

Apart from Palantir, Ark added 27,834 shares of Etsy, 8,322 shares of Zymergen, 204,932 shares of Tusimple Holdings, and 183,204 shares of Sema4 Holdings. 

Other stock buys of Ark included Crispr Technologies, Schrodinger Inc., Veracyte Inc., Draftkings Inc., Signify Health, and Berkeley Lights Inc.

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