Cathie Wood Sells $38M Tesla Position, Buys $50M Broadcom After 18% Pullback

TLDR ARK Invest dumped 86,136 Tesla shares for $38.5 million on January 14 after Musk announced FSD would become subscription-only after February 14 Wood bought 143,089 Broadcom shares worth $50.7 million following a 4.1% drop caused by China’s software vendor restrictions Tesla remains ARK’s largest holding at 10.68% weight despite the sale, valued at $805.74 [...]

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