Cathie Wood buys most TSMC American depositary receipts in nearly a year
https://theedgemalaysia.com/node/755877
Abhishek Vishnoi / Bloomberg 20 May 2025, 04:33 pm
Cathie Wood’s funds made their biggest purchase of Taiwan Semiconductor
Manufacturing Co Ltd shares in nearly a year, underscoring a change in stance
from being mostly sellers of the chipmaker since the third quarter of last
year.
Wood’s flagship fund Ark Innovation ETF purchased 123,587 American
depositary receipts (ADRs) of Taiwan’s largest company on Monday (May 19),
while Ark Next Generation Internet ETF bought 74,189 ADRs, Ark Investment
Management LLC data compiled by Bloomberg show.
The purchases come as trade tensions eased, following a truce between the
world’s two largest economies. US President Donald Trump’s flurry of
artificial intelligence (AI) deals with Saudi Arabia and the United Arab
Emirates also improves the outlook for the key supplier of Nvidia Corp.
While Ark’s funds made some purchases of TSMC shares in February, the latest
buying is the biggest since June 18, and is equivalent to 87% of the asset
manager’s stake in the company as of end-March.
The chip bellwether’s ADRs have recouped more than half of the 37% drop from
a peak in January, through to a trough in April. Analysts are estimating
another 11% increase in share price over the next 12 months, according to
data compiled by Bloomberg.
While Wood has been widely known for her aggressive bets on disruptive
technologies, her flagship fund has struggled in recent years. Even after an
82% surge in the two years through 2024, the ARK Innovation ETF is down about
63% from its peak, and has trailed the Nasdaq Composite index for most of the
past five years.
凱西・伍德的基金本週大舉買進台積電ADR，是近一年來最大手筆，顯示她轉變先前持續
賣出的立場。
雖然 Ark 在今年2月也曾小幅買入台積電股票，但這次的買入規模是自2023年6月18日以
來最大的一次，相當於該資產管理公司截至3月底持股的87%。
隨著中美貿易緩和、AI合作升溫，市場看好台積電未來12個月仍有11%上漲空間。
心得：
莫非是訊號來了嗎
近一年來女股神買台積電ADR最大量的一天
各位是否懂的就懂？