The ARK Innovation UCITS ETF (ISIN: IE000GA3D489) is an actively managed fund focusing on global equities poised to benefit from disruptive innovation. As of November 6, 2024, the fund's strategic emphasis is on sectors such as technology, healthcare, and financial services. Over the past six months, the ETF has delivered a return of approximately 19.77%, underscoring its robust performance in capturing growth opportunities within its investment mandate.
ARK FUNDS

1. Coinbase Global Inc. (COIN)

Fund Position: The ETF holds 9.84% of its assets in Coinbase Global Inc., a leading cryptocurrency exchange platform.

Analyst Perspectives:

Dan Dolev, Mizuho Securities: Maintains a 'Buy' rating, citing Coinbase's strong market position and the growing adoption of digital currencies as key growth drivers.

Lisa Ellis, MoffettNathanson: Assigns a 'Hold' rating, expressing concerns over regulatory uncertainties and the volatility inherent in the cryptocurrency market.

2. Tesla Inc. (TSLA)

Fund Position: Tesla Inc. constitutes 9.23% of the ETF's holdings, reflecting confidence in the company's leadership in electric vehicles and renewable energy solutions.

Analyst Perspectives:

Adam Jonas, Morgan Stanley: Recommends a 'Buy,' highlighting Tesla's innovative advancements and expanding market share in the EV industry.

Joseph Spak, RBC Capital Markets: Issues a 'Sell' rating, pointing to concerns over valuation metrics and increasing competition in the electric vehicle sector.

3. Roku Inc. (ROKU)

Fund Position: The ETF allocates 8.37% to Roku Inc., a prominent player in the streaming media industry.

Analyst Perspectives:

Laura Martin, Needham & Company: Rates Roku as a 'Buy,' emphasizing its robust user growth and monetization strategies.

Mark Kelley, Nomura Instinet: Assigns a 'Hold' rating, citing potential challenges from increased competition and content acquisition costs.

4. Palantir Technologies Inc. (PLTR)

Fund Position: Palantir Technologies Inc. represents 6.89% of the ETF's portfolio, underscoring its role in data analytics and artificial intelligence.

Analyst Perspectives:

Alex Zukin, Wolfe Research: Maintains a 'Buy' rating, noting Palantir's strong government contracts and expanding commercial client base.

Brent Thill, Jefferies: Issues a 'Sell' rating, expressing concerns over the company's path to profitability and stock-based compensation expenses.

5. Roblox Corp. (RBLX)

Fund Position: The ETF holds 6.14% in Roblox Corp., a leading online gaming and user-generated content platform.

Analyst Perspectives:

Brian Nowak, Morgan Stanley: Recommends a 'Buy,' highlighting Roblox's innovative platform and potential for user engagement growth.

Eric Handler, MKM Partners: Assigns a 'Hold' rating, pointing to uncertainties in monetization strategies and competition in the gaming industry.

6. Robinhood Markets Inc. (HOOD)

Fund Position: Robinhood Markets Inc. comprises 4.87% of the ETF's assets, reflecting its influence in the retail brokerage sector.

Analyst Perspectives:

Steven Chubak, Wolfe Research: Rates Robinhood as a 'Buy,' citing its disruptive business model and growing user base.

Richard Repetto, Piper Sandler: Issues a 'Sell' rating, expressing concerns over regulatory scrutiny and revenue sustainability.

7. CRISPR Therapeutics AG (CRSP)

Fund Position: The ETF allocates 4.67% to CRISPR Therapeutics AG, a leader in gene-editing technologies.

Analyst Perspectives:

Salim Syed, Mizuho Securities: Maintains a 'Buy' rating, emphasizing the company's pioneering role in CRISPR technology and potential therapeutic applications.

Yaron Werber, Cowen: Assigns a 'Hold' rating, noting the early-stage nature of its pipeline and regulatory hurdles.

8. Shopify Inc. (SHOP)

Fund Position: Shopify Inc. constitutes 4.03% of the ETF's holdings, highlighting its prominence in e-commerce solutions.

Analyst Perspectives:

Colin Sebastian, Baird: Recommends a 'Buy,' citing Shopify's robust platform and growth in merchant adoption.

Brian Fitzgerald, Wells Fargo: Issues a 'Sell' rating, expressing concerns over valuation and potential margin pressures.

9. Block Inc. (SQ)

Fund Position: The ETF holds 3.86% in Block Inc., a key player in digital payments and financial services.

Analyst Perspectives:

Darrin Peller, Wolfe Research: Rates Block as a 'Buy,' highlighting its innovative Cash App and expansion into financial services.

Lisa Ellis, MoffettNathanson: Assigns a 'Hold' rating, noting competition in the payments space and regulatory considerations.

10. Meta Platforms Inc. (META)

Fund Position: Meta Platforms Inc. represents 3.84% of the ETF's portfolio, reflecting its dominance in social media and virtual reality.

Analyst Perspectives:

Buy: Advertising revenue and metaverse investments offer strong upside potential.
Hold: Challenges from regulatory hurdles and user engagement shifts pose risks.