TLDR
- ARK Invest liquidated approximately $35M worth of Teradyne (TER) stock on Feb 23, 2026
- The firm invested $11.82M in Figma following a 5.1% market decline
- Both AMD (AMD) and Broadcom (AVGO) received investments totaling $6-7M each
- Alphabet (GOOGL) saw approximately $6M in new ARK purchases; DraftKings (DKNG) position reduced
- Taiwan Semiconductor (TSM) and Iridium Communications (IRDM) were also sold
Cathie Wood’s investment firm ARK Invest executed multiple strategic portfolio adjustments on Monday, February 23, 2026, as revealed through the company’s publicly available daily trade disclosures.
The most significant transaction involved divesting 109,992 shares of test-equipment manufacturer Teradyne (TER), generating approximately $35.7 million in proceeds. This sale represents a continuation of ARK’s gradual exit from its Teradyne holdings across multiple trading days.
Teradyne’s stock experienced a post-earnings surge following its February 2 report but has subsequently retreated. The shares declined almost 2% during Monday’s session.
ARK redirected a portion of these proceeds toward Figma, the cloud-based design platform company. The investment firm acquired 477,445 shares distributed across its ARKK and ARKW ETFs, representing a total investment of approximately $12.46 million.
Figma’s stock experienced a 5.1% decline on that trading day, creating what ARK viewed as an attractive entry point. The company had recently surpassed analyst projections for both top-line revenue and bottom-line earnings.
Figma’s chief executive Dylan Field also addressed market concerns regarding artificial intelligence’s potential impact on traditional software providers, highlighting how Figma’s proprietary AI capabilities could actually accelerate growth.
Semiconductor Sector Receives Fresh Capital from ARK
ARK acquired 34,573 shares of Advanced Micro Devices (AMD) worth approximately $6.92 million. AMD’s stock had declined roughly 1.8% following reports indicating production setbacks with its Instinct MI455X AI accelerator chip lineup.
These delay announcements coincided with news of a strengthened AI collaboration between Nvidia and Meta, creating additional downward pressure on AMD’s valuation.
ARK’s robotics and automation ETF, ARKQ, acquired 18,534 shares of Broadcom (AVGO) valued at $6.17 million. Wood has been systematically building her Broadcom stake in anticipation of the semiconductor giant’s upcoming quarterly earnings, with particular emphasis on its custom AI chip division.
The firm also purchased 19,105 shares of Alphabet’s (GOOGL) Class C stock for roughly $6 million. The Google parent company experienced approximately 1% decline Monday as market-wide selling pressure intensified.
DraftKings Position Reduction Continues
Regarding disposals, ARK eliminated 248,197 shares of DraftKings (DKNG) valued at $5.54 million. This transaction extends an ongoing trend of decreasing the firm’s exposure to the digital sports wagering platform.
Additionally, ARK sold 179,330 shares of Iridium Communications (IRDM) for $4.11 million and reduced its Taiwan Semiconductor (TSM) position by 12,629 shares for $4.68 million.
Smaller acquisitions included 66,695 shares of Aurora Innovation valued at $3.18 million and 33,078 shares of DoorDash (DASH) worth $5.83 million.
ARK also increased its Klarna position by 61,525 shares for $804,747 while disposing of a modest holding in Intercontinental Exchange (ICE) for $397,345.
Overall, ARK’s Monday trading activity revealed a distinct strategy: reallocating capital from Teradyne (TER) and DraftKings (DKNG) while strengthening positions in AI-related technology names such as Figma, Broadcom (AVGO), AMD (AMD), and Alphabet (GOOGL).
