Top 4 holdings in $ARKQ
(Posted originally on eToro here: https://etoro.tw/2NwpjMO).
This post covers the top 4 holdings in $ARKQ, ARK Invest’s Autonomous Technology & Robotics ETF, which provides exposure to autonomous vehicles, energy storage, robotics and automation, 3D printing, and space exploration.
$TSLA $BIDU $JD.US $DE
Top 1 holding: $TSLA (0.73% as of 19 Feb 2021. Data source: https://www.arktrack.com/). To anyone familiar with ARK Invest, it will come as no surprise to see that it is the largest holding in this ETF, as it is also the largest holding in $ARKK and $ARKW , and given that ARK Invest’s CEO, Cathie Wood, rose to fame on her price forecast for Tesla, which has since come true, 2 years early (https://bit.ly/3qLmDcH). It should also come as no surprise that Tesla is the largest holding in this ETF, considering that Tesla is far ahead of the competition in terms of numbers of miles driven of autonomous electric cars (2 billion miles — around 100x more than the rest of the competition combined, with Waymo at 20 million miles), as well as a leader in factory automation, in using 3D printing, and a leading supplier of stationary energy storage,. Read what I had to say about Tesla in ARKW here: https://etoro.tw/37xeMb8 and in ARKK here: https://etoro.tw/37xeMb8, which also includes a list of analyst research from ARK Invest. Autonomous electric vehicles will cause a huge boom in societal and economic growth, since it will result in an increase in productivity and trillions of dollars in savings. Coupled with a 100% renewable energy supply, they will also help to move back to a safe climate.
Top 2: $BIDU (5.67%). Read what I said about Baidu in ARKK here: https://etoro.tw/3uh6BcM . (@eToroteam should fix up being able to put punctuation marks after ticker symbols and links without breaking them.) It appears that ARK Invest is expecting Baidu’s Apollo Go, its autonomous driving platform, to become a geographic leader in China, although Tesla is the leader for EVs in China (https://bit.ly/3aHLHf7). Baidu has also been designated by the Chinese government as the nation’s autonomous driving platform.
Top 3: $JD.US (4.52%). The following is interesting coverage of JD in ARK’s analyst research, it’s worth the read!
“5. Group Buying Wars Are Heating Up in China’s Ecommerce Market”, https://bit.ly/2ZD2Osa
“Parcel Drone Delivery Should Supercharge Ecommerce”, https://bit.ly/2NIcvTr
Top 4: $DE (4.43%).
“The Fast Farming Future — New Age Farming Technology”, July 11, 2014, https://ark-invest.com/articles/analyst-research/farming-technology/
Also mentions $TRMB