Cathie Wood’s ARK Invest Buys More Bullish Stock and Trims TSMC Position in Latest Trades

TLDR

• ARK Invest bought 139,117 shares of Bullish across three ETFs on May 21, 2026
• The Bullish purchase was worth approximately $5.14 million
• ARK has been buying Bullish consistently, including $3.1 million worth the day before
• ARK sold 2,131 shares of Taiwan Semiconductor from its ARKW fund for around $867,637
• TSMC stock has a Momentum score in the 90th percentile according to Benzinga Edge Rankings

On Thursday May 21, 2026, Cathie Wood’s ARK Invest bought a large block of Bullish shares while cutting some of its Taiwan Semiconductor position.

Bullish, BLSH

ARK purchased 139,117 shares of Bullish across three of its funds. The total value of the trade came to approximately $5.14 million, with shares acquired at a closing price of $35.96.

The buy was spread across ARK’s ETFs. ARKK picked up 99,580 shares, ARKW added 27,057, and ARKF took on 12,480 shares.

This was not a one-off purchase. The day before, on Wednesday, ARK had already bought $3.1 million worth of Bullish stock. That makes it a clear pattern of accumulation over consecutive trading days.

Bullish is a digital asset trading platform backed by investor Peter Thiel. It allows users to trade cryptocurrencies including Bitcoin and Ethereum. The company recently reported strong first-quarter results.

ARK Trims Taiwan Semiconductor

On the same day, ARK sold 2,131 shares of Taiwan Semiconductor from its ARKW fund. The shares were sold at $407.15, bringing the transaction value to roughly $867,637.

This was not an isolated sale. ARK has been gradually reducing its Taiwan Semiconductor position over the past week, selling shares on multiple occasions.

Taiwan Semiconductor stock was up 1.38% on the day of the sale, reaching the upper end of its 52-week range. Analysts say the stock’s recent movement is driven more by relative-strength positioning than any specific company news.

Investors have continued to favor large-cap semiconductor stocks even as broader market sentiment has softened.

What the Data Shows

Benzinga Edge Stock Rankings show Taiwan Semiconductor has a Momentum score in the 90th percentile. Its Value score sits at the 26th percentile.

ARK’s decision to sell into strength follows a broader strategy of reducing exposure while the stock is performing well. It does not appear to be driven by negative news about the company itself.

Bullish, by contrast, has been receiving increasing attention from ARK. The consistent buying over multiple days suggests ARK sees value in the crypto trading platform at current prices.

ARK’s three main ETFs involved in these trades are the ARK Innovation ETF, the ARK Next Generation Internet ETF, and the ARK Blockchain and Fintech Innovation ETF.

These moves reflect ARK’s ongoing strategy of reinforcing positions in companies it views as promising while trimming holdings in others, particularly when those stocks are trading near highs.

Bullish went public and has been building its profile as a regulated crypto exchange. The platform’s strong Q1 earnings appear to have contributed to ARK’s buying interest.

Both trades were disclosed as part of ARK’s daily trade reporting for Thursday, May 21, 2026.

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