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Cathie Wood

Cathie Wood

Founder, CEO, and CIO of ARK Invest

BornNovember 26, 1955 (age 68)
NationalityAmerican
FirmARK Invest
EducationUniversity of Southern California (BS in Finance and Economics)
Known ForDisruptive innovation investing, actively managed ETFs, high-growth tech stocks
SocialTwitter, LinkedIn, Website
LinkedInLinkedInXXWebsite
Investor
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About Cathie Wood

Catherine Duddy Wood, more famously known as Cathie Wood, is a prominent American investor and the founder, CEO, and CIO of ARK Investment Management LLC (ARK Invest). She is renowned for her focus on disruptive innovation and her firm's actively managed exchange-traded funds (ETFs) that invest in companies at the forefront of technological change.

Before founding ARK Invest in 2014, Wood had a distinguished career spanning over 35 years in the financial industry. Her journey includes significant roles at AllianceBernstein where she served as CIO of Global Thematic Strategies, overseeing $5 billion, and Tudor Investment Corporation as chief economist and portfolio manager. Her experience also includes positions at Jennison Associates and the Capital Group, where she started her career in 1977.

Wood's investment philosophy, centered on identifying and investing in disruptive innovation, has garnered significant attention, making her a notable figure in the investment world. Her firm’s flagship fund, the ARK Innovation ETF (ARKK), became particularly popular during the COVID-19 pandemic due to its focus on high-growth technology companies.

Net Worth

While Cathie Wood's personal net worth is not publicly disclosed with precise figures, her wealth is primarily derived from her ownership stake in ARK Investment Management LLC, a highly successful asset management firm. Her compensation also includes earnings from managing ARK's various actively managed ETFs, which collectively manage billions in assets.

Estimates for her net worth vary, but given the significant growth and assets under management at ARK Invest, it is widely considered to be in the hundreds of millions of dollars. Her financial success is intrinsically linked to the performance and expansion of ARK Invest since its inception in 2014.

ARK Investment Management LLC

Founded by Cathie Wood in 2014, ARK Invest is an investment management firm focused on disruptive innovation. The firm's assets under management (AUM) have seen substantial fluctuations, peaking at over $60 billion in early 2021. While AUM has since moderated, the firm remains a significant player in thematic investing, with several billion still under management across its various ETFs and strategies.

Key Investments (via ARK Funds)

Cathie Wood's investment strategy through ARK Invest focuses on companies involved in disruptive innovation. Her funds often hold significant positions in companies across various technological frontiers.

Tesla (TSLA)
A long-time and significant holding across ARK's funds, particularly ARKK, betting on electric vehicles, AI, and robotics.
Coinbase Global (COIN)
A prominent investment reflecting ARK's conviction in cryptocurrency and blockchain technology.
Roku (ROKU)
Investment in the streaming platform, aligning with the shift towards connected TV and digital advertising.
Zoom Video Communications (ZM)
A key holding that benefited significantly during the pandemic, consistent with ARK's focus on enterprise software and remote work solutions.
Block Inc. (SQ)
Formerly Square, an investment in financial technology and digital payments.
UiPath (PATH)
A bet on robotic process automation (RPA) and artificial intelligence for enterprise efficiency.
Exact Sciences (EXAS)
Investment in healthcare innovation, focusing on early cancer detection and diagnostics.

Investment Strategy

Cathie Wood's investment strategy is singularly focused on

Notable Quotes

“Innovation is the key to solving the world's biggest problems and creating lasting economic growth.”

— Various interviews and ARK Invest publications

“We are on the cusp of the largest technological transformation in history, and investors need to be prepared for the profound changes ahead.”

— ARK Invest 'Big Ideas' reports

“Our investment horizon is five years. We are looking for companies that are going to transform industries and create new ones.”

— Interviews and conference appearances

“The greatest opportunities are found at the intersection of technological convergence.”

— ARK Invest research and presentations

Contact Information

For direct inquiries related to Cathie Wood or ARK Invest, the most effective method is through the official ARK Invest website. Their 'Contact Us' section provides various channels for different types of queries, including investor relations, media requests, and general information.

Additionally, Cathie Wood is active on social media, particularly Twitter (@cathiedwood), where she frequently shares insights and updates. While direct personal contact is generally not feasible, engaging with ARK Invest's public communications can provide valuable information and opportunities for interaction.

Use Lessie to find verified contact information, mutual connections, and the best outreach strategy for reaching Cathie Wood and similar investors.

Contact via Lessie

Publications

Cathie Wood and the ARK Invest team regularly publish insightful research and white papers on disruptive innovation and technology trends. These publications are available on the official ARK Invest website.

  • 'Big Ideas' Annual Report: Each year, ARK Invest releases its 'Big Ideas' report, detailing their research on the convergence of technologies and their investment implications. This is a comprehensive publication covering themes such as artificial intelligence, blockchain, multi-omics sequencing, robotics, and energy storage.

  • White Papers & Research Notes: The ARK Invest website features a robust research section with numerous white papers and analytical notes on various transformative technologies and market trends. These often delve into specific sectors, companies, and their potential for disruption.

  • Market Commentary: Cathie Wood frequently provides market commentary through blog posts and articles on the ARK Invest website, offering her perspectives on economic conditions, technological advancements, and investment strategies.

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Frequently Asked Questions

Who is Cathie Wood?

Cathie Wood is the founder, CEO, and CIO of ARK Investment Management LLC, an investment firm focused on disruptive innovation. She is widely recognized for her strategic focus on innovative, high-growth companies.

What is Cathie Wood known for?

Cathie Wood is best known for her 'disruptive innovation' investment philosophy and for managing several actively traded exchange-traded funds (ETFs) that focus on companies involved in next-generation technologies like genomics, robotics, artificial intelligence, and blockchain. Her flagship fund, the ARK Innovation ETF (ARKK), gained significant popularity.

What companies has Cathie Wood invested in?

Through ARK Invest, Cathie Wood has invested in numerous innovative companies. Some of the most notable include Tesla (TSLA), Coinbase Global (COIN), Roku (ROKU), Zoom Video Communications (ZM), Block Inc. (SQ), UiPath (PATH), and Exact Sciences (EXAS).

What is Cathie Wood's investment philosophy?

Cathie Wood's investment philosophy centers on identifying and investing in disruptive innovation. She believes that technological breakthroughs will reshape industries and create significant investment opportunities. Her team conducts deep research into these transformative technologies and the companies poised to benefit from them over a five-year investment horizon.

How can I contact Cathie Wood or ARK Invest?

To contact Cathie Wood or ARK Invest, you can visit the official ARK Invest website (ark-invest.com) which provides contact information, including investor relations and media inquiries. She is also active on Twitter (@cathiedwood).

What is Cathie Wood's net worth or ARK Invest's fund size?

Cathie Wood's personal net worth is not publicly disclosed with an exact figure but is estimated to be in the hundreds of millions of dollars, primarily from her ownership in ARK Invest. ARK Invest's assets under management (AUM) have seen fluctuations, peaking at over $60 billion in early 2021, and currently manage several billion across their various ETFs.

What are some notable quotes by Cathie Wood?

<ul><li>"Innovation is the key to solving the world's biggest problems."</li><li>"We are on the cusp of the largest technological transformation in history."</li><li>"Disruptive innovation will create enormous wealth and solve many problems."</li></ul>

What are Cathie Wood's career highlights?

Cathie Wood's career highlights include founding ARK Invest in 2014, where she pioneered actively managed ETFs focused on disruptive innovation. Prior to ARK, she held significant roles such as CIO of Global Thematic Strategies at AllianceBernstein and chief economist and portfolio manager at Tudor Investment Corporation. Her bold predictions and successful identification of emerging technologies have made her a influential figure in finance.

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