ARK Invest Buys Shopify and Palantir Shares
ARK Investment Management purchased millions of dollars in Shopify and Palantir shares while divesting from Personalis and Alphabet on November 3, 2026.
ARK Investment Management executed a series of strategic trades on November 3, 2026, with a primary focus on e-commerce and data analytics. The firm's largest transaction involved the purchase of 88,013 shares of Shopify Inc., valued at approximately $13.7 million, distributed across its ARKK, ARKW, and ARKF ETFs.
Other significant acquisitions included 63,638 shares of Palantir Technologies Inc. for $11.3 million and 600,709 shares of Compass Pathways PLC for $5.1 million. The firm also added positions in Cameco Corporation and Circle Internet Group, Inc.
To balance these acquisitions, the firm reduced its holdings in several companies. The largest divestment was the sale of 435,977 shares of Personalis, Inc. for $6.9 million, followed by the sale of 12,530 shares of Alphabet Inc. for $3.5 million. ARK also sold positions in CrowdStrike Holdings, Inc., Bullish, and Toast, Inc.