Overview
- On Nov. 13, ARK sold 70,474 Tesla shares for roughly $30.3 million as China retail deliveries fell 36% in October to about 26,000 units and Shanghai shipments declined 9.9%.
- ARK also unloaded 87,051 AMD shares valued around $22–22.5 million following the stock’s post‑Analyst Day run‑up.
- Following a large Nov. 12 buy in Circle exceeding $30 million across its ETFs, ARK added 188,941 more Circle shares on Nov. 14 worth about $16.3 million.
- Daily disclosures for Nov. 14 show additional accumulation of crypto names: 242,347 BitMine shares (about $9.8 million) and 177,480 Bullish shares (about $7.3 million).
- ARK’s conviction in Circle follows strong Q3 results reported earlier this week, including $740 million in revenue and reserve income, $214 million in net income, and continued USDC scale.