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ARK Invest Trims Palantir by $10.4 Million, Buys Broadcom and Boosts eVTOL Bets

The reallocation reflects a tactical tilt informed by recent price weakness plus company updates in chips, AI, and electric air taxis.

Overview

  • ARK sold 58,741 Palantir shares worth about $10.4 million through ARKW on Jan. 8 as the stock fell roughly 2–3 percent that day.
  • An equivalent $10.4 million Broadcom buy added 31,573 shares to ARKW after the chipmaker’s shares slipped about 3.2 percent despite a strong fiscal quarter.
  • ARKX purchased 162,270 Joby Aviation shares valued near $2.5 million following Joby’s plan to expand manufacturing in a newly acquired Dayton, Ohio facility.
  • ARK added 73,097 Archer Aviation shares after Archer announced a partnership with Nvidia to integrate AI systems into future aircraft.
  • Additional moves included trims to Kratos, Rocket Lab, and AeroVironment, a separate $2.29 million Roku sale on Jan. 7, and a Personalis add after a double‑digit decline.