Cathie Wood, the CEO and CIO of ARK Invest, trimmed her firm’s exposure to Palantir Technologies (PLTR) ahead of the data analytics company’s latest earnings release, continuing a long pattern of profit-taking.
According to ARK’s daily trading disclosures, Wood’s flagship ARK Innovation ETF (ARKK) sold 38,338 shares of Palantir on Monday. While modest in size, the move extends a broader trend that has unfolded throughout 2025.
Year to date, ARKK has executed 26 transactions involving Palantir—25 of which were sales. The lone purchase occurred on March 10, underscoring the fund’s consistent shift toward reducing its position in the stock.
Despite the steady selling, Palantir remains a key holding within ARKK. As of the firm’s most recent disclosure, the stock ranks as the fund’s ninth-largest position, representing a 4.43% weighting valued at approximately $369.2 million.
Beyond ARKK, several other actively managed funds maintain sizable stakes in Palantir, highlighting the company’s continued importance within Wood’s thematic investment strategies.
The ARK Next Generation Internet ETF (ARKW) lists Palantir as its seventh-largest position, while the ARK Autonomous Technology & Robotics ETF (ARKQ) holds it as its fourth-largest. Additionally, both the ARK Fintech Innovation ETF (ARKF) and the ARK Space Exploration & Innovation ETF (ARKX) rank the stock as their fifth-largest holding.
Year-to-date price action
- PLTR: +155.9%.
- ARKK: +52.3%.
- ARKW: +58.4%.
- ARKQ: +57.4%.
- ARKF: +47.5%.
- ARKX: +56.7%.