🚀 Get TSLA & PLTR Stocks Cheaper Than Cathie Wood (Here’s How)

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You may not know this about me, but I spend a lot of time looking at ARK Invest’s trading data.
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What’s that? You… knew that about me? Well, what you may not know is I’ve spent the last 5 months
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working with a Tableau Master to unlock all the juicy secrets of ARK Invest’s trading data.
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Seriously, this dude wrote a literal book on Tableau and he just helped this channel level-up
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big time. More on that in a bit. In this episode, I’m going to show you what we’ve
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been working on and some of the things we’re finding in the data so far. Stick
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around till the end of the episode and I’ll tell you how you can use these dashboards for yourself,
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as well as how I’m using it to guide my research and this channel going forward.
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Your time is valuable, so let’s get right into it, starting with something familiar.
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Here’s the new version of the table I’ve been using to track the changes in ARK
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Invest’s holdings. My Patrons on Patreon and channel members right here on Youtube
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have access to the old version of this today. This new dashboard actually lets the user
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compare ARK Invest’s data for the last 1, 2, 5, 10, 20, or 60 trading days, but I have a special
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version that lets me put in custom dates so I can take my time when I’m making content.
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Right now we’re looking from the start of Quarter 4 2021 through yesterday,
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just keep things relevant. ARK Invest’s funds are all conviction weighted and managed by Cathie Wood
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and the investing question I’ve been answering with this table is simple. Which stocks did
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she buy the most or sell out of the least as her funds continued to drop between these two dates?
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Each row is one company, the rows are ordered by the size of Cathie Wood’s position in that
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company, and each position is colored by its change in size, relative to the change ARK
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Invest’s assets under management. We care about the changes in total dollars held. From October
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1st to yesterday, ARK Invest’s total assets under management shrank by over 10 billion dollars,
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or about 28%. ARKK shrank by 23%, ARKW shrank by 34%, and so on. These numbers change day by day,
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but they tell me how I should color each table to find the most outsized buys and sells depending on
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the fund, so this new version calculates it all for me in one place. Since we’re looking at her
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combined funds and they shrank by 28%, the table is colored so positions that shrank by more than
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that are in blue, and positions that shrank by less than that or even grew are in green.
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So, let’s start answering some questions we might have about ARK Invest’s data. Cathie Wood sold
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55% of her Tesla shares over the last 15 weeks or so as its price went up about 37%. She now
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holds about 1.7 billion dollars of Tesla stock, which is almost 40% less dollars than she held
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at the start of Quarter 4. This DOESN’T MEAN that Tesla is now a cash-like position to ARK Invest.
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Even with that massive drop, Tesla is ARK Invest’s number one position over all,
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and that hasn’t changed at all. It’s STILL their highest-conviction holding, since these funds
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are all conviction weighted. It’s no secret that growth stocks have been absolutely decimated over
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the last quarter. What this means is that other growth stocks moved UP in conviction
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relative to Tesla as their prices got crushed and their fundamentals stayed the same. This second
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column tracks percent changes in share price and many of ARK Invest’s stocks have fallen by 20,
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30, even 40% or more over the last quarter. That simply didn’t happen to Tesla stock.
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So, my honest guess is that ARK Invest used stocks like Tesla, Coinbase, Unity,
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and Spotify as cash to counteract the big drops in price of her highest conviction positions. Here’s
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the first big challenge with this table. Notice how different the colors of these four rows are,
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even though Cathie Wood sold shares of all 4 of these stocks as they all went up in price.
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That trading behavior of selling a stock when it rallies is hard to spot this way. Keep Tesla,
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Coinbase, Unity, and Spotify in mind for a minute. I’ll show you how we solved this problem.
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The green rows with positive changes in share count and negative changes in price
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are the ones she bought the dip on. Teladoc, Zoom, Roku, UiPath, Exact Sciences. Square recently
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changed their name to Block, which really adds a whole new dimension to the company if you ask me…
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that’s it. That’s my one Square joke. Anyway, that name change is what’s messing with the data
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and I’m still figuring out how I want to handle data where a company changes names
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in the middle of the set. Twilio, Intellia Therapeutics, and Beam Therapeutics round out
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the list of top positions that got added to on the dip. Here’s the second challenge with the table.
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If we scroll a little bit down the list, we can see massive triple-digit increases in shares
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held of Robinhood, Ginkgo Bioworks, and Roblox as well. All 3 of these rows are very green but what
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we actually want to know is which ones are green because Cathie Wood bought a lot of shares AND the
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price of the stock is way down. Those are the ones where she’s buying the dip. Robinhood and Ginkgo
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Bioworks are dark green because Cathie Wood bought the dip but Roblox is dark green partly because
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its share price went up. The number one question I get asked in the comments, on Discord, on Twitter,
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and on every other platform is what Cathie Wood is buying and selling and why, so part of my job was
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to go through the data by hand and find the dips and the cash-like positions. The big challenge
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is presenting the actual data in a way that tells the right story. Here’s how we solved it.
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This is the new State of the ARK dashboard. There are a LOT of investing insights here
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so let me walk you through them. Just like before, I can pick a standard time interval like 1
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trading day, 1 week, 1 month, and so on. I’m looking at ARK’s trading data from the start
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of Quarter 4 through today, just like with the tables. Here’s how their assets under
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management have changed in total and fund by fund. Here’s the Cathie Indicator, both in total
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and fund by fund. The lower the number of stocks in a fund, the more concentrated into
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the highest-conviction positions that fund must be as they sell lower conviction ones for cash.
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These four white boxes show highlights from across the entire data set – the 5 biggest buys, sells,
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new positions, and completely sold out positions without me having to hunt for them at all.
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Since this is a data-driven research-focused channel, the positions listed in those boxes
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should make for useful investing content. Remember Robinhood, Ginkgo Bioworks and Roblox? Well, those
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last 2 were actually the biggest 2 increases since the start of Q4 but Robinhood’s actual position
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size only increased by 2 percent, so it doesn’t show up as a Top Increase. Over the same time
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period, ARK Invest decreased their Tesla position by over a billion dollars. It’s still rank 1.
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Next is Zillow, with over 800 million dollars in decreases. It’s now ranked 71. That’s way
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more interesting, even though it’s technically a smaller sale. There’s definitely a video about how
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Zillow entered, messed up, and catastrophically exited the online home buying market
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and how Cathie Wood sold Zillow stock as a result. What about their biggest NEW positions? ARK Invest
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has 34 million dollars of Nu Bank now, which is a stock they weren't invested in a quarter ago.
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Same with KIND stock, which is Nextdoor, and X P E V, which is Xpeng Motors, a Chinese electric
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vehicle company. Those are all interesting video ideas. ARK Invest’s largest total sales
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include Pinterest and Facebook. I’ve already made videos covering both, or else those would be 2
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more. But maybe there’s a video about ARK Invest’s stance on social media in there. At least now I
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know to look. When I say this is a data-driven investing channel, I’m not just throwing around
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some buzz-words. Here’s the data literally driving the channel. So, let’s talk about ARK Invest’s
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trading data over the last quarter of 2021 and the first couple weeks of this year as I orient you to
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the rest of the State of the ARK. If something interests you, I encourage you to comment below
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or tweet me at Ticker Symbol YOU with what you’d like me to cover more in future episodes.
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The main idea of this new dashboard is to see all of ARK Invest’s funds side-by-side,
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as well as their combined holdings, without having to switch between views. So,
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what stocks is Cathie Wood actually buying the dip on and what stocks is she selling to get the cash?
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From the previous table, we know that she sold Tesla, Coinbase,
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Unity, and Spotify. Remember how different their row colors were in that table, even though they
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all went up in share price and Cathie Wood sold some shares? There’s now an indicator next to
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each stock. If the indicator is blue, Cathie Wood is selling as the stock price increases.
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Tesla stock increased by 37%, so Cathie Wood sold 55% of her shares, just like we saw earlier. But
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now this blue indicator at the start of the row lets us know when both of those things are true.
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Even though these 4 stocks had very different row colors on the previous table and in this one,
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they all show this blue indicator because Cathie Wood sold some shares to buy other stocks. The
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rows with this blue indicator, combined with the top decreases and largest sold positions
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are where her cash came from. If there’s a green indicator to the left of the stock,
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Cathie Wood bought the dip over that time frame. Teladoc’s price is down 32% and ARK’s share count
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is up 17%. Zoom’s stock is down 33% so Cathie Wood bought 56% more shares over the time frame. So,
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based on ARK Invest’s research and trading data, we can now quickly tell which stocks
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COULD be decent buy-the-dip opportunities right now. That doesn’t mean go out and
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buy any stock with a green square next to it, it just means we can narrow down our search.
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Let’s talk about that search. If I click on a stock, the whole dashboard becomes
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focused on that stock. I have absolutely every piece of information on Tesla inside these
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funds. If I mouse over anything, the dashboard tells me the specifics like the current value
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of the position, the new value, the percent change, and so on. I ALSO get a plot of the
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daily closing price and the total number of shares Cathie Wood held on every market day, which lets
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me calculate her average buy price over this time period, assuming she bought right at market close.
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It’s not perfect, but it’s the best we got. Want to know Cathie Wood’s average buy price
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for Tesla over the last 2 weeks? Just click 2 weeks, then click Tesla. It’s $1104.89. Want to
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see exactly how many shares she held each trading day? That’s the blue line. We can check the rank,
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holding size, share price, share count, and weight for that stock across every trading day in the
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time range. Want to know Cathie Wood’s average buy price for Teladoc just in ARKK over the last
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quarter? Just hit 1 quarter, then Teladoc’s cell in the ARKK column and voila. A little under $110
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per share is what she paid for it. It’s $86.32 as of yesterday’s close, so you can buy Teladoc stock
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today for much cheaper than Cathie Wood did. I’m not saying you should go and do that, I’m simply
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showing you that opportunity currently exists in the stock market and here it is in the data.
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So, here are all of the top stocks that Cathie Wood bought the dip on since October 1st:
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We already covered Teladoc, which dipped about 32% and she bought 17% more shares for an average of
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$114 per share. It’s currently $86. Zoom is down 33% so Cathie Wood picked up 56% more shares at an
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average of $227 per share. It moved from Rank 9 to Rank 4 as a result. It’s currently $176 per share.
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UiPath is one of just two stocks that sits inside all 6 ARK Invest funds – the other
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being Palantir. UiPath is down 21% and Cathie Wood picked up 16% more shares of UiPath as it
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dropped over 20% in price. Her average price since October 1st is $49 per share. It’s currently under
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42. Roku is currently down over 40% and Cathie Wood picked up 36% more shares as a result,
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for an average price of $262 per share. It’s currently $186 per share. We can see similar
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behavior in genomics stocks: she bought the dip in Exact Sciences, Intellia Therapeutics,
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Beam Therapeutics, Crispr Therapeutics, Pacific Biosciences, and Ginkgo Bioworks, which moved up
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15 ranks after she more than doubled her share count in it during the recent dip. Her average
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buy price for Ginkgo Bioworks is almost $12 per share and it’s under $7 per share now.
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One extra stock I want to cover here is Palantir,
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since there’s been a lot of chatter about it after a certain interview and with Cathie Wood selling
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shares. Palantir is currently ARK Invest’s 16th biggest position overall, down only 2 ranks since
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the start of October. They’ve sold 30% of their Palantir position, which is right in line with
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the 30% drop in ARK Invest’s total assets under management. The interesting thing that wasn’t
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easy to pull out of the data before but is very easy now, is that ARK Invest isn’t really JUST
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selling Palantir, they’re selling it in ARKK, ARKW, and ARKF while adding it to ARKG, ARKQ,
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and ARKX. What this means to me is that Cathie Wood thinks there are better deals in the advanced
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internet technology space but that Palantir’s ability to gain market share in genomics,
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autonomy, and space-based applications are being undervalued. This totally makes sense if you think
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about which stocks are getting crushed the hardest – it's the stay at home stocks that Palantir
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competes with exactly in ARKK and ARKW and ARKF. If I switch to the 1 week view for Palantir,
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guess what? Cathie Wood is actually starting to buy the dip in it again at an average price
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of $16.60 per share. So maybe don’t click on all those clickbait videos about the end of Palantir
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or how it's the worst stock ever. That’s all noise and I’m showing you the data to back that up.
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If you’re interested in learning more about Palantir, Ginkgo Bioworks, Teladoc, UiPath,
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Roku, and many of the other stocks on this list while they’re at much lower prices than Cathie
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Wood has been buying them, I’ve made deep dive videos on a lot of them and I’ll work
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on covering the rest. I’ll leave my playlist of deep dive videos in the top right-hand corner of
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your screen right now and in the description below as well. Data-driven investing, right?
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As far as I know, this is the most powerful,
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most complete, and most organized way to look at a family of funds on the internet today. When other
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investment firms decide to publish daily trading data and tons of research like ARK Invest does,
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all I have to do is plug them into a copy of this dashboard and the channel expands its market
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coverage. Data drives the channel and no one provides better, faster, or more research-backed
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data than ARK Invest. Period. A big thank you to ARK Invest for doing that because without them,
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this kind of finance channel and all these data projects simply couldn’t exist. That
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kind of transparency and consistency is changing the finance world. Big time.
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I’m the product manager and designer of this suite of dashboards. Before I became a full-time
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investor and YouTuber, I was the head of strategy and data analytics at a business-to-business web
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technology firm. My job there was to help clients make decisions based on a lot of different kinds
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of business data from a lot of sources. Before that, I was a rocket scientist at MIT. My job
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there was to help computers make decisions based on a lot of different kinds of sensor data
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from a lot of sources, mostly cameras and telescopes and radars. In my expert opinion,
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this dashboard is the best way to shorten the time between getting the data and finding an insight.
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The Tableau expert I’m working with is Patrick Sarsfield. Hi Pat! It turns out he’s a fan of
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the channel and was up to the challenge. He works as a Senior Data Visualization
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Consultant at Lovelytics. He literally wrote the book on sharing content through Tableau.
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Here’s the book. It’s called Maximizing Tableau Server: A beginners guide to accessing, sharing,
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and managing content on Tableau Server. If you’re interested in checking out his work,
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you can find him on Twitter at PaddyScarsfield and if you’re interested in checking out his book,
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you can find a discount code in the description below. I don’t make any money in any way for
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you using the code or buying the book – I just think it’s awesome that he wrote one.
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If you want access to these dashboards for yourself, consider supporting the channel as
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a Patron on Patreon or Channel Member right here on YouTube. I’m going through the last
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rounds of verification and bug fixing now, so I’ll be rolling out these new dashboards to
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my supporters in the next week or two. I update all of these dashboards myself every market day,
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by hand. If you’re already a supporter of the channel, thank you. Your support means
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a lot to me and in return, you’re about to get a LOT more bang for your buck.
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Donors will get the new bar chart, where you can filter all of ARK Invest’s holdings
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by fund and by date, as well as mouse over any position for lots more info. I use this
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as a quick way to see how big ARK Invest’s biggest positions are at any given moment.
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If you sign up as an Investor, you get that bar chart and the upgraded tables.
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The tables let you search through the changes in any of ARK Invest’s funds
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or all of them combined. For each fund, you can go back 1 or 2 days, 1 or 2 weeks, a month, or
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a quarter to see how ARK Invest’s positions have changed. I use this when I’m just quickly trying
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to look for the biggest changes inside each fund over time to ask high level questions and build
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watch lists. I think most people would be fine at this level, checking the dashboard every couple
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days or even weeks for huge changes. Then, you can hit the 1 month or quarter button whenever you see
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a big dip in a stock to see how heavy ARK Invest has been buying it across their combined funds.
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And of course, if you’re interested in seeing every single detail about ARK Invest’s positions
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across every fund, with all the crazy automations and tooltips and insights I just showed you,
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the Disruptor tier supporters get this full State of the ARK dashboard, plus the other two.
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And if you’re an Insider-tier supporter, you’ll obviously get everything as well, in addition
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to my buy and sell alerts, which should resume shortly now that this project is all wrapped up.
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There is never any pressure to support the channel or help fund these crazy
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investing projects. I’ll be regularly featuring all of these dashboards in future episodes,
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especially with ARK Invest’s 2022 Big Ideas report coming out soon. If I find something
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worth sharing, I’ll share it with you right here on the channel, as always. After all,
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this is the channel that invests in you and it’s good to be back.
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So, stay strong, stay long and thanks for watching. Until next time, this is Ticker
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Symbol YOU. My name is Alex, reminding you that the best investment you can make… is in you.