Cathie Wood’s Ark Invest Piles Up On Tesla Shares

March 14, 2022

By: Jai Pratap

Cathie Wood’s Ark Invest revealed yesterday that it bought another 26,727 Tesla (NASDAQ: TSLA) shares on Monday.

At the time of writing, 26,727 Tesla shares are worth $4.66 million.

Just last week, Cathie Wood’s Ark Invest purchased 51,960 shares of TSLA stock.

As of today, Ark Invest holds $732,488,850 worth Tesla shares, accounting for 10.12% of the entire portfolio.

Ark Invest has been on a buying spree of Tesla shares since the electric vehicle’s company’s shares started falling.

Cathie Wood’s investment firm is also heavily buying Coinbase shares.

Ark Invest holds $433,817,458 worth of Coinbase shares, accounting for 6% of the entire portfolio.