Cathie Wood Sold Palantir and AMD, Then Poured $3.35 Million Into Archer Aviation. Is ARK Betting Big on Flying Taxis?

Key Points Cathie Wood's Ark Innovation ETF recently sold shares of Palantir and AMD and bought shares of Archer Aviation. Palantir and AMD are still bigger portfolio positions for Wood's flagship fund, but the increased bet on Archer is still notable. Archer Aviation stock is down big this year even as the company has made some encouraging moves. 10 stocks we like better than Archer Aviation › All companies that have more than $100 million in investments are required to submit quarterly 13F filings that disclose their holdings. Additionally, individuals and funds have to submit filings when their ownership stakes cross 5% and 10%. When holdings reach the 10% threshold, each subsequent trade must be disclosed.