The star inverter reduced her possession in the Facebook parent company in the midst of the weakness of the technological sector.
Cathie Woodfounder of Ark Investment Managementreduced his participation in Platforms Inc. for the first time in almost a year. Its flagship, the ark innovation ETF, sold 12,595 shares of the company on March 17 and another 2,160 shares the next dayaccording to data collected by Bloomberg.
The decision marks a change of strategy for ARK, which until December owned more than 460,000 finishing actions and had been accumulating positions throughout 2024. This sale occurs in a context of weakness for large technological technological ones, known as the “Seven magnificent”that have lost impulse in recent months.
The impact of technological setback on Wall Street
The partial departure of Wood de Meta coincides with the fall of the company’s actions, which became negative so far this year. Factors such as regulatory uncertainty in the United States, advances in artificial intelligence of the China Depseek startup and commercial tensions with China have hit the sector.
The Bloomberg Magnificent 7 Total Return index, which groups Goal, Apple, Microsoft, Nvidia, Amazon, Tesla and AlphabetHe has retreated 16% in 2025. Goldman Sachs recently cut his prognosis for the S&P 500, warning about the impact that these technological giants could have on the market.
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Wood’s new bet: Tesla and cryptoactive
While reducing its goal exposure, Wood is increasing its positions in Tesla and in companies linked to the crypto ecosystem, such as Coinbase and Robinhood. In an interview with Bloomberg TV, he explained that he is “taking advantage of this period of risk aversion” to reinforce his portfolio in disruptive assets.
With this strategy, the investor seeks to capitalize on market volatility, betting on sectors with high long -term growth potential.
Source: Ambito
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