Cathie Wood’s ARK Invest Offloads Deere & Co and Initiates Broadcom Position

Cathie Wood's ARK Invest has adjusted its equity holdings by selling its stake in Deere & Co and adding shares of Broadcom to its portfolio, according to recent trading updates.

The strategic shift reflects ongoing repositioning within the firm's exchange-traded funds, aligning portfolio weights with its long-term investment strategy focused on technological innovation and growth sectors. Specific transaction volumes and financial values for the trades were not disclosed in the immediate disclosure.