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uh our highest positions uh we i can buy up to 10 uh position in any one fund uh but and then let it run we'll let it run to 12 or 13 at which point we'll we'll take profits we get a lot of questions about how can you be so positive on tesla and be selling it well i i sold it just in the way i described but it never uh lost the number one position in our funds uh if we had not taken profits in its right up from 178 to 900 or nearly a thousand it would have been nearly 20 maybe over 20 of the fund uh that would not be wise portfolio management we like to control our position sizes as i described hey i'm stephen and this is solving the money problem if you're new welcome if you're not welcome back so as you guys and girls will probably all know by now i read every single comment here on this youtube channel i also get quite a few dms on my social media on instagram and twitter at stevenmarkryn and i notice common themes recurring questions over and over the same question coming up many many people wanting to know an answer usually this is the result of an article that gets widespread coverage or a targeted campaign of fud and in this particular case i've noticed a ton of people asking the question why is cathy wood selling tesla stock i've also seen a ton of people spreading fun in the comments on this channel and across twitter and all sorts of other places as well now i just want to make a distinction there's absolutely nothing wrong with being ignorant of information not knowing the answer to certain questions etc but there is something enormously wrong with spreading misinformation in one case you're ignorant in the other case you're a complete and out of the goal of this video is simply to inform those who are currently uninformed and therefore ignorant of arc invest active management strategy of their portfolio of etfs in other words to explain why arc invest and cathy would regularly sell tesla stock and just because they are selling tesla stock why it doesn't mean that they're no longer bullish on the company now i don't think this video is going to get through to any of the morons out there who project their own assumptions and are unwilling to listen to evidence even if it comes directly from kathy wood herself explaining their portfolio management style but hey you never know and i also hope that this may be a great video for you guys and girls to share every time you see somebody spreading fat about arc invest because they've sold tesla and making erroneous and yes i'm gonna say it moronic assertions that aren't grounded in reality for example they sold tesla stock therefore they hate tesla now they're no longer bullish on tesla because they sold tesla stock blah blah blah blah blah so with that said let's get into the video if you love crypto stocks and free stuff or just want to help out the channel check out these great offers blockfire launching the world's first bitcoin rewards credit card people in the us can earn 1.5 bitcoin back on every purchase with no annual fee using the block 5 bitcoin rewards credit card check out the link in the description and for a limited time you can get up to 250 dollars in crypto bonuses when funding a new account on block fly where you can use cryptocurrency to earn interest borrow cash and buy or sell crypto if you want your free crypto use the link in the description and if you'd like up to two free stocks check out the link in the description to weibull if you open a new account you'll get one free stock valued up to three hundred dollars just for opening an account and if you make an initial deposit of five dollars or more you'll get a second free stock valued up to two thousand dollars seriously free stocks yes please and finally if you're in australia the uk or new zealand you can get a free stock mistake also linked in the description thanks so much for your support guys let's get back to it what's interesting about what you're doing kathy is it's very actively managed and you make a very big point of the active management parts so for something like next generation internet etf how what goes into deciding what the weightings are it's not a big index you're picking the stocks here how do you determine what you like and don't like well we have um we have top-down modeling bottom-up modeling and then an overlay a six-metric scoring system uh that is very important to innovation starting with a visionary management moats or barriers to entry uh market uh share leadership uh uh execution thesis risk and valuation and uh and are our stock positions line up pretty well with the the the composite of those scores so generally that's how we work it okay so it's a let's it's a uh focused methodology that you're that you're using right you're not it's not an old it's it's sort of a screen i'm trying to make it's a scientific methodology you're using here well yeah there's some art here as well uh we we generally start a position in genomics we'll start it at 50 basis points or in the other funds 100.
okay so just want to quickly chime in here and explain for those of you who don't understand the jargon 50 basis points is 0.5 in other words when arc is establishing a new position in particular in their genomics etf in a genomics company that will begin with a position that as a percent of the entire etf makes up 0.5 half a percent of the whole etf and in their other funds when they're buying into positions other than genomics companies they'll generally start with a position that's a hundred basis points one percent of the total value of that etf uh our highest positions uh we i can buy up to ten percent uh position in any one fund uh but and then let it run we'll let it run to 12 or 13 at which point we'll we'll take profits and there we have it that's it that is the explanation let's think about this for a moment here kathy would explain that they can buy a position until it makes up ten percent of the etf by value they will not buy any more of that stock once the position in that stock is already at ten percent of the value of the etf and the kicker the real point there kathy wood also said that they will then let that stock run to 12 to 13 of the value of the etf at most before then trimming that position down to 10 or less that is why arc invest continues to sell tesla stock so a quick summary there if i can best buy tesla stock and then wait for it this is the crazy part then tesla stock grows in value which is like a crazy idea i mean why would you buy a tesla stock if you're an investment firm actively managing an etf it's not like you want it to go up after you buy it or anything then after tesla stock goes up and exceeds ten percent of the value of any one of their ats they'll let it ride for one two three percent then trim that position back down to ten percent or less locking in massive profits that is arc invest actively managing their portfolio following their own rules for their own etfs that they have established internally it says nothing whatsoever about their views their thesis on tesla tesla stock or any other company or stock for that matter but please don't tell that to the brain dead journalists the fake news the dumb asses in the mainstream finance media who don't like to think but do like to attract your eyeballs to lure in more advertising dollars no matter the cost drama fear uncertainty doubt whatever it takes to get people to pay attention to your garbage journalism i was just thinking is that a little bit harsh but no it's not it's fairly accurate let's skim through a few headlines recently kathy wood's arc invest sold 605 million in tesla last month but double down on this stat and the other now if you don't know the first thing about how arc manages their portfolios you might think oh that's a lot of tesla stock that they sold should i sell mine too kathy woods sells 270 million in tesla isn't this a great way to get people to click on your journalism kathy wood has sold 266 million of tesla stock in september kathy woods arc invest sells 110 million in tesla stock as insiders also dump shares kathy wood keeps selling tesla unloading 62 million of shares kathy woods sells 109 million of tesla stock despite predicting 300 rise now as we know most people don't generally like to think for themselves it hurts too much in addition very few people actually like to read articles in full instead they just like to skim headlines and then react and respond accordingly now we're going to go through those same headlines and i'm going to translate them more literally kathy woods arc invest continues to follow her own guidelines and principles in terms of actively managing her etfs cathy wood continues to actively manage her etfs cathy woods archinvest sells 110 million in tesla stock as they continue to actively manage their etfs based on their own guidelines kathy wood keeps following her own portfolio management principles despite predicting a 300 rise in tesla stock kathy wood continues to follow their internal principles and guidelines for how to actively manage their etfs shocking news but of course who the would click on a headline like that this is a bit of a problem the mainstream media it's all about getting clicks generating advertising revenue from eyeballs and so whatever it takes literally every single time arc invest manages their portfolios the mainstream media can produce headlines tesla's sold by archivist again and people panic and worry and be concerned and click and they'll make more advertising revenue despite the fact that every one of these instances there's no change in their thesis around tesla stock they're literally just doing their job doing what they have to following their own guidelines now if i were a click i just made that word up but i'm sure you guys and girls can figure out the meaning there i would do the exact same thing every time arc invest sold any meaningful amount of tesla stock whatsoever new video new headline kathy wood sells tesla stock and of course people panic and click and then i say kathy would have sold this much of tesla stock hundreds of millions of dollars of tesla stock despite expecting tesla stock is worth three thousand dollars per share in 2025 and then people panic and worry and they sell tesla talk should i sell tesla stock what's going on every time over and over the cycle of fear continues the thing is i give as many as i need clicks and revenue from this channel zero so please understand when you see these types of headlines i can best sold x amount of tesla stock blah blah blah blah it's not because these people are accurately trying to convey the fact that arc invests are following their own internal portfolio management rules but instead they're desperate for clicks and we'll do whatever it takes if you know what i mean sorry i was just doing some thumbnails for my next video by the way i'm not a hater here i understand that most journalists and most youtubers are simply trying to put food on the table for their kids they've got to do whatever it takes to feed their family lucky for me i don't have any family to feed and in fact the only feeding of others that i ever do involves a single eggplant and doesn't cost me a cent please don't think about that for too long anyway moving along back to you kathy i think active in etfs and active in any wrapper frankly is very useful for driving alpha alpha in our case relative to not managing actively and i'll just give you a good case in point tesla if you look at tesla in the year 2018 and take away the performance of the stock it was a roller coaster generally throughout the year and we were trading regularly around the volatility if you just isolate the trading activity our trading activity in tesla what you would have found is a hundred and seventy five basis points contribution to performance so as kathy wood pointed out there i can best strategy of trading around volatility buying letting it right a few percent then trimming down the position redeploying those funds elsewhere or in the same stock after it's come back has contributed very meaningfully to their overall returns in their actively managed etf funds and remember 2018 was a down year we had an up year and i think uh one of the important reasons is we we trade around the volatility if uh tesla is going down because some hedge fund or uh you know negative analyst is saying something that seems really awful uh we we have a pretty good handle for given our reproductive thought the world and falling into it unless it's a big surprise to us and on the contrary when we feel like uh analysts are hyperventilating about a stock including tesla when when there were takeover rumors of it helped by elon musk himself we naturally just take profits because we know we're going to get another opportunity associated with controversy to buy the stock lower yeah just one last point how can you be so positive on tesla and be selling it well i i sold it just in the way i described but it never lost the number one position in our funds uh if we had not taken profits in its right up from 178 to 900 or nearly a thousand it would have been nearly 20 maybe over 20 percent of the fund uh that would not be wise portfolio management we like to control our position sizes as i described i hope this has clarified a few things for those of you who are a little bit unsure about why arc invest keeps selling tesla stock over and over and over and why there's so many headlines about this every time it happens in the mainstream finance media just before we wrap up here today i want to show you folks i can best portfolios as they stand today the rw next generation internet etf fund and the ark innovation fund ticker arc k we can see here in both of these funds tesla currently weighted at just over 10 of the value of both of these funds you know what that means arc invest will not be buying any more tesla stock in either of these funds until they've sold more tesla stock taken some profits when it reaches 11 12 13 of the total value of the fund then of course there'll be a bunch of new headlines i can best sold tesla stock and the same cycle repeats itself again until i can best buy some more tesla stock and nobody reports on that because that's not very exciting just to give you guys and girls a sense of conviction here tesla stock now 10.2 percent of the arc innovation etf the next biggest position they're about half the size at 5.65 which is teledoc health and if we go over to the ark next generation internet etf over 10 again the next biggest position again about half the size of tesla the greyscale bitcoin trust and very interestingly coinbase now making up 5.2 percent of the fund by the way i'm actually very bullish on coinbase over the long term great app great service great product and brilliant ceo with a big brain and even bigger testicles for those of you who don't know about a year ago brian armstrong the ceo of coinbase heavily incentivized all of the sjws members of the woke mob and the snowflakes working at the company and whining about politics 24 7 to please get the out of the company and offered them a very very generous package to piss off five percent of the company did exactly that a year on he's provided an update this has had absolutely no impact on their diversity numbers this was a brilliant move a lot of people from other companies who were sick of all the have now joined coin spot shout out to the likes of apple who don't have any leadership with the spine at this point in time by the way i'm not joking here guys check back in 10 or 15 years and watch what has happened to apple's financial results the work mob has completely and utterly taken over the so-called leadership gutless spineless pandering pleasers and things won't end well but i digress so anyway i hope that this video has provided a little bit of insight into why arc invest and cathy would continue and will continue to sell tesla stock in fairly large quantities in terms of dollar amounts it's just part of their portfolio management strategy and next time you see somebody spreading some fear uncertainty doubt tarnishing the reputation of arkhamvest or kathy woods saying that they're liars or they've become really bearish on tesla stock because look they're selling tesla stock you can send them a link to this video let me know in the comments below if this is news to you if you didn't realize that arc invest had some internal policies and procedures on how they manage their positions their buying limits what they do once the stock runs past 10 percent etc and also since i've been getting a ton of dms and also seeing a lot of comments about chamath pal hepatia let me know if you guys and gauze would like me to make a video about chamath selling his position in tesla stock i'm stephen mark ryan this is solving the money problem and i love you all and don't forget the block 5 bitcoin rewards credit card but you can earn 1.5 percent bitcoin back on every purchase there's a link in the description you can also earn up to 250 in crypto bonuses when funding a new account on blockfly also linked below and finally don't forget your free stocks with weeble and stake also linked in the description these great offers also help out the channel thanks so much for watching let me know your thoughts in the comments below and of course if you have any ideas for future videos let me know i read all your comments ps if you're still watching you're awesome if you'd like early access exclusive videos regular q a's our private discord server and more consider supporting the channel at patreon.com solving the money problem so i can keep creating content for you guys there's a link in the description you can now also become a member of the channel for some exclusive perks to learn more click the join button next to subscribe and don't forget to check out our merch store either way the best form of support is you being here and watching so thanks again
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