ARK Invest has sold over 1.25 million shares of Circle (CRCL) in one week, capitalizing on a 248% price surge since June 5. The strategic sell-off represents a partial profit-taking move while maintaining substantial exposure to the company.
Despite the divestment, ARK Invest remains the eighth largest Circle shareholder with approximately 4.49 million shares. This positions Circle as the top holding within ARK’s ARKW fund, constituting 7.8% of its portfolio allocation.
The sales were executed methodically across ARK’s flagship funds—ARKK, ARKW, and ARKF—demonstrating a disciplined approach to portfolio rebalancing. This activity underscores ARK’s continued confidence in Circle’s long-term growth trajectory.
Circle’s shareholder registry features prominent institutional investors including IDG-Accel China Capital Fund II, General Catalyst Group Management, and James Breyer. Their sustained participation highlights robust institutional interest in Circle’s market position.