Shopify Inc. (SHOP): Among Top Stocks to Buy from Ark Invest’s Portfolio

ARK Investment Management LLC, commonly known arsenic ARK Invest, is an American concern absorption steadfast headquartered successful St. Petersburg, Florida. Founded by Cathie Wood successful 2014, the steadfast specializes successful actively managed exchange-traded funds (ETFs) focused connected disruptive innovation. As of Q4 2024, ARK holds implicit $12 cardinal successful 13F securities, with its apical 10 positions comprising somewhat implicit 50% of its diversified portfolio, which typically comprises betwixt 35 and 55 holdings. The firm’s concern attack spans assorted marketplace capitalizations, sectors, and geographies, aiming to place and put successful companies poised to pb successful transformative technological advancements.

Cathie Wood, calved Catherine Duddy Wood successful 1955, is wide recognized arsenic 1 of the astir influential figures successful the concern industry. As the founder, CEO, and main concern serviceman of ARK Investment Management, she has carved retired a estimation for her innovative and forward-thinking concern strategies. Wood’s attack to investing has consistently focused connected identifying and capitalizing connected disruptive innovation, mounting her isolated arsenic a visionary successful the fiscal sector.

After graduating from the Notre Dame Academy Catholic girls’ school, Wood pursued higher acquisition astatine the University of Southern California (USC), wherever she earned a summa cum laude grade successful concern and economics successful 1981. She aboriginal completed a Master of Business Administration successful concern astatine USC’s Marshall School of Business. A cardinal power successful her world travel was economist Arthur Laffer, known for the Laffer Curve, which theorizes the narration betwixt taxation rates and taxation revenue. Laffer’s mentorship helped signifier Wood’s knowing of economical mentation and her concern philosophy.

Wood’s vocation successful concern took disconnected aft graduation, with roles astatine prestigious firms specified arsenic Jennison Associates, wherever she spent 18 years successful assorted enactment roles, and Capital Group, arsenic an adjunct economist. At AllianceBernstein, wherever she managed implicit $5 billion, she honed her quality to place semipermanent maturation trends. Despite disapproval of her concern decisions during the 2008 fiscal crisis, Wood remained steadfast successful her content that disruptive innovation would thrust the aboriginal of economical growth. She aboriginal went connected to co-found Tupelo Capital Management, a hedge money focused connected planetary thematic strategies.