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Message
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 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 on 5/25/23 at 3:10 pm to Street Hawk
Wonder how many shares she sold?
Posted on 5/25/23 at 3:13 pm to Street Hawk
Was this from a taxable portfolio/account?
Posted on 5/25/23 at 3:20 pm to notsince98
She “manages” the ETF ARKK
Posted on 5/25/23 at 4:26 pm to LSUcam7
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 on 5/25/23 at 4:32 pm to Street Hawk
To add some context, the NVIDIA holdings were 0.87% weight of the portfolio when purchased.
Posted on 5/25/23 at 6:17 pm to notsince98
Man, VTI has beaten ARKK by 57% over the past 5 years. Woof.
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