Cathie Wood cut $PSNL by $49.9M — ARK weekly trades, Oct 12-16, 2026
YBy Yona · Oct 17, 2026 · Weekly recap
ARK's 85 trades this week, a $49.9M single-name cut in $PSNL, a 5th-straight-week add to $CRWV.
▪️ 85 trades across 31 tickers, 8 ARK ETFs
▪️ Legacy SaaS + streaming trimmed -$49.9M; crypto + AI compute + space accumulated
▪️ Oct 12 was the sharpest day — same-day directional cluster of 7 tickers
Biggest $ cut
$PSNL -$49.9M
-61.5%, -3.14M sh
Biggest $ add
$CRWV $27.3M
+16.1%, 381K sh
Longest streak
$CRWV 5 weeks
Weekly $ flow by boardred = cut · green = add
Space book
+$10M
Crypto book
-$3M
AI compute layer
-$13M
+$44M
Legacy SaaS + streaming
-$12M
CDN + platform megacaps
-$8M
+$21M
Biotech
-$61M
+$25M
Autos + industrial cyclicals
+$1M
Other
-$54M
+$42M
Three continuing themes this week
1
$CRWV — 5-week streak (weekly adds)
2
$RKLB — 7-week streak (weekly adds)
3
$TXG — 7-week streak (weekly trims)
Section 1 · Space book
Space exposure increased through Rocket Lab's launch and space systems.
RKLB+5.2%
Rocket Lab Corp$10.0M
7wk streakSection 2 · Crypto book
Block trimmed as payments exposure was reduced.
XYZ-1.4%
Block, Inc.-$3.1M
Section 3 · AI compute layer
AI cloud infrastructure and chipmakers favoured over data analytics software.
CRWV+16.1%
CoreWeave, Inc.$27.3M
5wk streakCBRS+11.9%
Cerebras Systems Inc$16.5M
PLTR-3.3%
Palantir Technologies Inc.-$12.6M
Section 4 · Legacy SaaS + streaming
E-commerce software trimmed while streaming names held steady.
SHOP-3.8%
Shopify Inc.-$12.0M
Section 5 · CDN + platform megacaps
Social networking favored over e-commerce as Amazon trimmed.
META+11.0%
Meta Platforms, Inc.$20.9M
AMZN-2.6%
Amazon.com Inc-$7.6M
Section 6 · Biotech
Gene-editing and diagnostics added over single-cell and sequencing tools.
PSNL-61.5%
Personalis, Inc.-$49.9M
RXRX+11.5%
Recursion Pharmaceuticals, Inc.$15.8M
TXG-2.3%
10x Genomics, Inc.-$8.2M
7wk trimTWST-0.7%
Twist Bioscience Corporation-$2.9M
10wk trimBEAM+1.3%
Beam Therapeutics Inc.$2.9M
Section 7 · Autos + industrial cyclicals
Autonomy exposure added via Kodiak AI's self-driving truck technology.
KDK+10.3%
Kodiak AI Inc$877.4K
Section 8 · Other
Biotech and psychedelic medicines added while fintech and diagnostics trimmed.
TOST-65.6%
Toast, Inc.-$24.7M
IAMnew
Iambic Therapeutics, Inc.$22.4M
CDNA-14.3%
CareDx, Inc.-$12.6M
Pnew
Everpure Inc-$10.1M
FRNM+65.9%
Freenome, Inc.$8.1M
Largest % add
$FRNM +65.9%
Largest % cut
$DKNG -5095.3%
Largest abs add
$RXRX 4.23M sh
Largest abs cut
$PSNL -3.14M sh
Largest $ add
$CRWV $27.3M
Largest $ cut
$PSNL -$49.9M
Y
Yona · AiSmartMoney research
Tracks 60+ smart-money investors' AI positions. Weekly ARK recaps compiled from arkfunds.io official daily trade files. About →
Methodology · Data from arkfunds.io official daily trade files (Mon–Fri). Dollar values derived from ARK's own share-price at trade date, with yfinance fallback for newly-opened positions. Board classification is a curated grouping.
Disclaimer · Public-market data recap only. Not investment advice.
Disclaimer · Public-market data recap only. Not investment advice.