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Cathy Wood, head of the ARK Investment Department, usually focuses on American technology shares.
Sometimes, you also see opportunities outside the United States, as it was one of its largest goals abroad, the second largest economy in the world.
This was what I did last week. She bought 12 million dollars in Chinese technology shares.
The Pioneer Wood Fund, The Ark Innovation ETF ((Binding)) 17.41 % decreased yearly from March 31, while Nasdaq Composite, S&P 500 10.42 % lost and 4.59 % during the same period, respectively.
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Opinions about wood vary. For her supporters, she has a vision with a noticeable return of 153 % in 2020. However, her long -term performance raised her doubts about her aggressive opportunistic approach.
As of March 31, ARK Innovation ETF, which is 6 billion dollars under management, has achieved a three -year annual return of 10.47 % negative and a five -year return of 2.08 %.
In comparison, the S& P 500 index has a three -year annual return of 9.06 % and a five -year return of 18.09 %.
The Cathy Wood Investment Strategy has been simplified
Wood investment strategy is clear: ARK boxes usually buy shares in emerging companies in high -tech in areas such as artificial intelligence, Blockchain, biomedical technology and robots.
Wood says these companies have the ability to reshape industries, but their fluctuations lead to great fluctuations in the values of Turkey.
Related: Cathy Wood Cathy: Wealth and CEO of ARK Invest Company
Mooringstar Any Amy Arnot calculated that Ark Innovation ETF has destroyed $ 7 billion of shareholders ’fortunes over the period of 10 years ended in 2024. This puts ETF as a number 3 on the wealth destruction list for mutual investment funds and EFS during that period.
Wood expressed optimism about the transformation into a more wonderful organization under the presidency of Donald Trump.
She said on March 4 that the Trump administration could be better for investors from the Ronald Reagan -supporting business, according to Bloomberg.
“The Reagan Revolution – I was there and was very fun – was the era, the golden age of active stock management,” Wood said. “This is back. I think it will return a lot. I think this will lead to a dwarf, and that was good.”
But not all investors share the confidence of Wood. ARK Innovation ETF has seen a net $ 2.44 billion over the past 12 months until March 28, according to ETF Vettafi Research.
Cathy Wood buys $ 12 million in Bido shares
On March 24, Wood’s ARK 129,451 shares bought from Baidu Inc ((beginning)) .
The value of this part of the shares is estimated at about $ 11.9 million.
Bido, the largest search engine in China, is developing its artificial intelligence and its independent transportation.
TECH GINT recently launched AI, Ernie X1, advanced version, Ernie 4.5, of their peers like Openai and Deepseek. Baidu claimed that Ernie X1 “offers the performance on an equal performance with Deepseek R1 in only half the price.”
This is not Wood’s first bet in Bido or the wider Chinese market. Over the years, her relationship with Chinese stocks was a group of bold bets and declines.
Related: Cathy Wood sells $ 16 million in huge technology shares
In the early twenties of the last century, Wood was optimistic about the Chinese technology giants, as he built large sessions in companies such as Baidu, Tencent and JD.com.
By early 2021, her money held approximately 5 million billion dollars, driven by optimism about increasing the stock market in China and pushing Baidu to electric cars via the JIDU AUTO project jointly with Geely, which is equivalent to investing in Tesla.
However, the Wood’s China investment was severely struck in 2021 as Beijing increased the campaign of organizational organizational companies, and gradually reduced its shares.
By the third quarter of 2022, ARK exits its location in Baidu. The last purchase signs of Wood the first time that BAIDU shares have bought more than two years ago.
Wood recently told Bloomberg about how Robin Lee, CEO of Baidu, has been working on developing Bido self -driving business.
More cars:
- ELON Musk offers American Tesla cheaper cars and robot friends
- The veteran trader is looking at the price of Tesla in the recession, controversy
- Tesla requires the enormous Cybertruck call due to the dangerous discovery
“We recently conversated with Robin Lee and his team and we understand the competitiveness of the market in China for both independent movement and large language models. But we are looking at how Robin Lee pushes the envelope. Wahhan is the most difficult in China. He can take a learning from the Robotaxi experience to other markets,” Wood said.
“We believe that self -movement in the five years to the next ten will fall throughout the world to a market between 8 to 10 trillion dollars. If Bido will get any of this market even outside China in the rest of Asia, we believe that this is absolutely not reduced in stocks.”
Baidu rises by 11.28 % of the year.
Related: The Veteran Fund Director reveals the prediction of the S&P 500
