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Cathie Wood sold almost all her Nvidia at the end of last year in the $ARKK ETF

Posted on 5/25/23 at 3:06 pm
Posted by Street Hawk
Member since Nov 2014
3459 posts
Posted on 5/25/23 at 3:06 pm
quote:

She sold at a multi-year low.

Just before a +200% rally.



LINK

Has she got anything right other than TSLA?
Posted by Double Oh
Louisiana
Member since Sep 2008
17720 posts
Posted on 5/25/23 at 3:10 pm to
Wonder how many shares she sold?
Posted by notsince98
KC, MO
Member since Oct 2012
17952 posts
Posted on 5/25/23 at 3:13 pm to
Was this from a taxable portfolio/account?
Posted by LSUcam7
FL
Member since Sep 2016
7900 posts
Posted on 5/25/23 at 3:20 pm to
She “manages” the ETF ARKK
Posted by notsince98
KC, MO
Member since Oct 2012
17952 posts
Posted on 5/25/23 at 4:26 pm to
quote:

She “manages” the ETF ARKK


I get that but I have no clue how taxing works for things like an ETF company. If everything they buy/sell is taxable, then I could see a situation where they could be doing some tax loss harvesting with this specific stock.
Posted by notsince98
KC, MO
Member since Oct 2012
17952 posts
Posted on 5/25/23 at 4:32 pm to
To add some context, the NVIDIA holdings were 0.87% weight of the portfolio when purchased.
Posted by Teddy Ruxpin
Member since Oct 2006
39551 posts
Posted on 5/25/23 at 6:17 pm to
Man, VTI has beaten ARKK by 57% over the past 5 years. Woof.
Posted by GhostOfFreedom
Member since Jan 2021
11645 posts
Posted on 5/25/23 at 8:34 pm to
oops
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