Cathie Wood Sells $35M in Teradyne, Moves Money Into Figma, AMD, Broadcom, and Google

TLDR

• ARK Invest sold ~$35.7M in Teradyne shares on February 23, 2026
• ARK bought $12.46M in Figma stock after a 5.1% price drop
• AMD and Broadcom each received ~$6-7M in fresh investment
• Alphabet picked up ~$6M; DraftKings position was cut further
• ARK also trimmed Taiwan Semiconductor and Iridium Communications

Cathie Wood’s ARK Invest filed its daily ETF trade disclosures for Monday, February 23, 2026, showing a major portfolio reshuffle.

The headline move was the sale of 109,992 Teradyne shares for $35.7 million. ARK has been steadily cutting its position in the test-equipment company over multiple sessions. Teradyne shares fell nearly 2% on Monday after an earlier post-earnings rally had faded.

Teradyne, Inc., TER

ARK put a large chunk of those proceeds into Figma, the cloud-based design software company. Two ARK funds — ARKK and ARKW — combined to buy 477,445 Figma shares for $12.46 million, taking advantage of a 5.1% drop in the stock that day.

Figma had recently reported earnings that beat analyst expectations on both revenue and profit. CEO Dylan Field addressed concerns about AI disrupting traditional software, arguing that Figma’s own AI tools position the company well for growth.

AMD and Broadcom Get Fresh ARK Capital

ARK purchased 34,573 shares of Advanced Micro Devices for $6.92 million. AMD had slipped about 1.8% that day following reports of production delays on its Instinct MI455X AI accelerator chips. News of an expanded Nvidia and Meta AI partnership added further pressure to the stock.

ARK’s robotics ETF, ARKQ, added 18,534 Broadcom shares for $6.17 million. Wood has been building a Broadcom position ahead of the company’s upcoming earnings, with a focus on its growing custom AI chip business.

ARK also bought 19,105 shares of Alphabet Class C stock for around $6 million. Google’s parent had dropped roughly 1% during a broader market selloff on Monday.

ARK Keeps Trimming DraftKings and Other Names

On the sell side, ARK offloaded 248,197 DraftKings shares for $5.54 million, continuing a steady exit from the online sports betting platform that has played out across recent sessions.

ARK also sold 179,330 shares of Iridium Communications for $4.11 million and trimmed 12,629 shares of Taiwan Semiconductor for $4.68 million.

Smaller purchases included 66,695 shares of Aurora Innovation for $3.18 million, 33,078 shares of DoorDash for $5.83 million, and 61,525 shares of Klarna for $804,747.

ARK sold a small stake in Intercontinental Exchange for $397,345 and trimmed 3,660 shares of Deere & Co for $2.42 million.

Monday’s trades show ARK rotating capital away from Teradyne and DraftKings into AI-linked tech stocks including Figma, AMD, Broadcom, and Alphabet.

The post Cathie Wood Sells $35M in Teradyne, Moves Money Into Figma, AMD, Broadcom, and Google appeared first on Blockonomi.