What Cathie Wood owns now
Cathie Wood’s best-known portfolio is the ARK Innovation ETF, or ARKK, an actively managed fund built around companies that ARK believes can benefit from disruptive innovation. The precise stock list changes often because ARK trades actively and publishes daily transaction notifications. For readers looking for “the stocks Cathie Wood bought,” the important distinction is between a one-day trade email and the fund’s complete holdings. A purchase can be small, temporary or spread among several ARK funds; it does not automatically become a top conviction position.
ARK’s official ARKK page showed Tesla as the fund’s largest disclosed position at the end of June 2026, at roughly 9.6% of assets. Other prominent themes in the portfolio include digital assets, autonomous systems, artificial intelligence, biotechnology and next-generation internet platforms. The list should be read as a moving snapshot rather than a permanent model portfolio. Anyone using it for research should check the date, the fund involved and the position weight—not merely the headline that ARK “bought” a stock.
Does Cathie Wood still own Tesla? What about SpaceX?
Yes, ARKK still owned Tesla in the latest official holdings snapshot available for this article. ARK describes Tesla as more than an automaker, emphasizing energy storage, solar power, autonomy and software. That broad thesis helps explain why the position can remain large even when ARK trims shares: active funds often rebalance a winner to keep it below an internal concentration limit, then add during declines. A sale therefore does not necessarily mean Wood has abandoned the Tesla thesis.
SpaceX is different because it is not a conventional public stock. ARK’s exchange-traded funds cannot treat a private company exactly like a listed holding. Exposure has appeared through the separately structured ARK Venture Fund and, following SpaceX’s 2026 public-market developments, ARK’s European funds announced participation subject to their rules. Readers should verify the specific vehicle before concluding that ARKK itself owns SpaceX. ARK’s wider “space” investments have also included companies tied to launch, satellites, mapping, drones and aerospace manufacturing.
How much has ARKK lost recently?
The answer depends entirely on the starting date. ARKK had a spectacular 2020, a severe reversal in 2021 and 2022, and later rebounds. As of August 31, 2026, Charles Schwab’s fund data showed ARKK’s market-price return up about 11.2% year to date and 14.2% over one year, but down about 6.7% annualized over five years. That is why claims that Wood “lost” a single fixed amount can mislead: investor results depend on purchase price, cash flows and whether dividends were reinvested.
A fund’s price decline is also not the same thing as money personally lost by its manager. The cleaner comparison is standardized total return over identical periods, after fees, against an appropriate benchmark. ARK itself asks investors to judge its ideas over a five-year horizon, yet that horizon can still contain unusually large drawdowns. Concentrated innovation funds are designed to behave very differently from diversified market indexes.
Cathie Wood versus Warren Buffett
Wood and Buffett sit at opposite ends of a useful investing spectrum. ARK seeks companies whose economics may change rapidly as new technology scales. Buffett built Berkshire Hathaway around durable cash-generating businesses, disciplined prices, insurance float and long holding periods. ARK can own dozens of high-growth companies with uncertain future profits; Berkshire combines operating businesses with a concentrated public-equity portfolio and an enormous reserve of cash and Treasury bills.
Over the truly long term, Buffett has made more money and produced a much longer verified record. Berkshire’s shareholder return compounded at roughly 19.9% annually from 1965 through 2025, versus about 10.5% for the S&P 500 with dividends, according to Berkshire’s reporting. ARKK launched only in 2014, so a career-length contest is not balanced. The practical lesson is not to crown a style forever, but to understand the risk being purchased: ARK offers concentrated exposure to uncertain technological outcomes; Berkshire emphasizes established economics and capital allocation.
The takeaway for investors
A stock list is a research starting point, not a recommendation. Holdings can change after publication, private-company exposure may sit in a different fund, and past returns do not establish what happens next. Compare fees, concentration, liquidity and drawdown tolerance before treating either ARKK or Berkshire as a template. Mainstream Spectrum does not provide individualized investment advice.