Cathie Wood's ARK Invest used Monday's stock-market volatility to ramp up its exposure to two of the biggest names in artificial intelligence, buying Nvidia and Broadcom stocks, while cutting its position in agricultural-equipment giant Deere by roughly $36.8 million.
The trades offer a revealing snapshot of how Wood's hedge fund is positioning its actively managed exchange-traded funds as investors debate whether the massive AI buildout can continue at its current pace amid skyrocketing expenses without equivalent output.
