Analysis of ARK Invest's Q3'22 13F Filing and Portfolio

CEO Cathie Wood founded ARK Investment Management in 2014 in St. Petersburg, Florida. ARK stands for Active Research Knowledge and references the Biblical Ark of the Covenant. Cathie was previously the Chief Investment Officer (CIO) for AllianceBernstein (AB) and spun out after AB turned down her actively managed ETF strategy as too risky. ARK currently manages and advises public equity portfolios across multiple strategies. Key products include exchange-traded funds (ETFs), mutual funds and managed accounts focused on high-growth and nascent companies. ARK's thesis across strategies is to target investments that are either misunderstood, ignored, or underestimated by the broader market and investing community. 

At the moment, ARK offers the above strategies. For the purposes of this report, we will focus on ARK's Innovation ETF ($ARKK). ARKK launched nearly a decade ago on October 31, 2014.