ARK Reshuffles Tech Holdings: Sells Tesla, Buys Broadcom Amid Market Shifts

Cathie Wood's ARK Invest executed a significant portfolio rebalance on January 14, liquidating $38.5 million in Tesla shares while deploying $50.7 million into Broadcom. The moves came as both tech giants faced separate headwinds—Tesla from its controversial FSD policy shift, Broadcom from geopolitical tensions.

The Tesla sale represented 86,136 shares, yet the EV manufacturer retains its 10.68% weighting as ARKK's top holding. Market reaction was immediate: Tesla shares dipped 1.8% following Elon Musk's announcement that Full Self-Driving purchases WOULD transition to subscription-only after February 14.

Broadcom's 4.1% decline—triggered by China's warning against using certain foreign software vendors including its VMware unit—presented a buying opportunity. ARK acquired 143,089 shares across its flagship funds, betting on the chipmaker's long-term positioning in enterprise infrastructure.

Secondary moves included a $1.7 million position in fintech firm Klarna and exits from Taiwan Semiconductor ($6.4 million) and Unity Software ($5.8 million), continuing ARK's thematic rotation toward disruptive innovation plays.