Schedule of Investments
ARK Autonomous Technology & Robotics ETF
April 30, 2023 (Unaudited)
Investments | Shares | Value | ||||||
COMMON STOCKS–100.0% | ||||||||
Aerospace & Defense - 18.3% | ||||||||
AeroVironment, Inc.* | 385,349 | $ | 38,800,791 | |||||
Archer Aviation, Inc., Class A* | 6,835,692 | 13,534,670 | ||||||
Elbit Systems Ltd. (Israel) | 95,045 | 17,470,221 | ||||||
Kratos Defense & Security Solutions, Inc.* | 5,490,413 | 70,826,328 | ||||||
Lockheed Martin Corp. | 19,522 | 9,066,993 | ||||||
Rocket Lab USA, Inc.* | 2,128,169 | 8,342,423 | ||||||
Total Aerospace & Defense | 158,041,426 | |||||||
Automobile Components - 1.9% | ||||||||
Magna International, Inc. (Canada) | 316,561 | 16,511,822 | ||||||
Automobiles - 15.8% | ||||||||
BYD Co. Ltd. (China)(a) | 261,218 | 15,842,872 | ||||||
General Motors Co. | 355,343 | 11,740,533 | ||||||
Tesla, Inc.* | 662,217 | 108,808,875 | ||||||
Total Automobiles | 136,392,280 | |||||||
Diversified Consumer Services - 0.4% | ||||||||
2U, Inc.* | 575,091 | 3,186,004 | ||||||
Diversified Telecommunication - 7.8% | ||||||||
Iridium Communications, Inc. | 1,069,834 | 67,902,364 | ||||||
Electronic Equipment, Instruments & Components - 8.7% | ||||||||
Teledyne Technologies, Inc.* | 31,158 | 12,911,875 | ||||||
Trimble, Inc.* | 1,319,385 | 62,143,034 | ||||||
Total Electronic Equipment, Instruments & Components | 75,054,909 | |||||||
Health Care Equipment & Supplies - 2.0% | ||||||||
Intuitive Surgical, Inc.* | 56,838 | 17,120,742 | ||||||
Household Durables - 1.2% | ||||||||
Vuzix Corp.* | 2,706,339 | 10,879,483 | ||||||
Interactive Media & Services - 2.3% | ||||||||
Alphabet, Inc., Class C* | 182,593 | 19,760,214 | ||||||
Machinery - 16.2% | ||||||||
3D Systems Corp.* | 2,466,725 | 22,595,201 | ||||||
Caterpillar, Inc. | 71,114 | 15,559,743 | ||||||
Deere & Co. | 99,487 | 37,608,076 | ||||||
Komatsu Ltd. (Japan)(a) | 1,501,443 | 37,506,046 | ||||||
Markforged Holding Corp.*† | 11,225,650 | 10,943,886 | ||||||
Velo3D, Inc.* | 6,758,941 | 15,815,922 | ||||||
Total Machinery | 140,028,874 | |||||||
Passenger Airlines - 2.1% | ||||||||
Blade Air Mobility, Inc.*† | 5,014,785 | 13,138,737 | ||||||
Joby Aviation, Inc.* | 1,224,368 | 5,301,513 | ||||||
Total Passenger Airlines | 18,440,250 | |||||||
Semiconductors & Semiconductor Equipment - 9.1% | ||||||||
NVIDIA Corp. | 115,804 | 32,134,452 | ||||||
Teradyne, Inc. | 506,214 | 46,257,835 | ||||||
Total Semiconductors & Semiconductor Equipment | 78,392,287 |
Investments | Shares | Value | ||||||
Software - 12.8% | ||||||||
ANSYS, Inc.* | 43,056 | $ | 13,516,140 | |||||
Materialise NV (Belgium)*(a) | 893,657 | 8,033,976 | ||||||
Synopsys, Inc.* | 33,839 | 12,565,097 | ||||||
UiPath, Inc., Class A* | 4,521,085 | 63,656,877 | ||||||
Unity Software, Inc.* | 481,715 | 12,991,854 | ||||||
Total Software | 110,763,944 | |||||||
Technology Hardware, Storage & Peripherals - 1.4% | ||||||||
Stratasys Ltd.* | 819,579 | 11,769,154 | ||||||
Total Common Stocks | ||||||||
(Cost $1,528,489,526) | 864,243,753 | |||||||
MONEY MARKET FUND–0.0%(b) | ||||||||
Goldman Sachs Financial Square Treasury Obligations Fund, 4.70% (c) | ||||||||
(Cost $256,085) | 256,085 | 256,085 | ||||||
Total Investments–100.0% | ||||||||
(Cost $1,528,745,611) | 864,499,838 | |||||||
Liabilities in Excess of Other Assets–(0.0)%(b) | (301,842) | |||||||
Net Assets–100.0% | $ | 864,197,996 |
† | Affiliated security |
* | Non-income producing security |
(a) | American Depositary Receipt |
(b) | Less than 0.05% |
(c) | Rate shown represents annualized 7-day yield as of April 30, 2023. |
Schedule of Investments (Continued)
ARK Autonomous Technology & Robotics ETF
April 30, 2023 (Unaudited)
Affiliated Issuer Transactions
An affiliated company is a company in which the Fund has ownership of at least 5% of the voting securities, or a company that is under common ownership or control. Period to date transactions with companies which are or were affiliates are as follows:
Value ($) at 7/31/2022 | Purchases Cost ($) | Sales Proceeds ($) | Net Realized Gain/(Loss) ($) | Net Change in Unrealized Appreciation (Depreciation) ($) | Dividend Income ($) | Capital Gain Distributions ($) | Number of Shares at 4/30/2023 | Value ($) at 4/30/2023 | |||||||||||||||||||||||||||
Common Stocks — 2.8% | |||||||||||||||||||||||||||||||||||
Aerospace & Defense — 0.0% | |||||||||||||||||||||||||||||||||||
Kratos Defense & Security Solutions, Inc. ^ | |||||||||||||||||||||||||||||||||||
96,360,376 | 367,397 | (14,252,073 | ) | (15,117,966 | ) | 3,468,594 | – | – | 5,490,413 | 70,826,328 | |||||||||||||||||||||||||
Machinery — 1.3% | |||||||||||||||||||||||||||||||||||
Markforged Holding Corp. | |||||||||||||||||||||||||||||||||||
21,267,591 | 6,217,065 | (2,572,683 | ) | (985,624 | ) | (12,982,463 | ) | – | – | 11,225,650 | 10,943,886 | ||||||||||||||||||||||||
Passenger Airlines — 1.5% | |||||||||||||||||||||||||||||||||||
Blade Air Mobility, Inc. | |||||||||||||||||||||||||||||||||||
32,091,985 | 137,528 | (3,348,372 | ) | (3,386,249 | ) | (12,356,155 | ) | – | – | 5,014,785 | 13,138,737 | ||||||||||||||||||||||||
$ | 149,719,952 | $ | 6,721,990 | $ | (20,173,128 | ) | $ | (19,489,839 | ) | $ | (21,870,024 | ) | $ | – | $ | – | 21,730,848 | $ | 94,908,951 |
^ | As of April 30, 2023, the company was no longer considered to be an affiliated security. |
Fair Value Measurement
The Fund discloses the fair value of its investments in a hierarchy that distinguishes between: (i) market participant assumptions developed based on market data obtained from sources independent of the Fund (observable inputs) and (ii) the Fund’s own assumptions about market participant assumptions developed based on the best information available under the circumstances (unobservable inputs). The three levels defined by the hierarchy are as follows:
• Level 1 — Quoted prices in active markets for identical assets.
• Level 2 — Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
• Level 3 — Significant unobservable inputs (including each Fund’s own assumptions in determining the fair value of investments).
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
The following is a summary of the valuations as of April 30, 2023, based upon the three levels defined above:
ARK Autonomous Technology & Robotics ETF | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Assets | ||||||||||||||||
Common Stocks‡ | $ | 864,243,753 | $ | – | $ | – | $ | 864,243,753 | ||||||||
Money Market Fund | 256,085 | – | – | 256,085 | ||||||||||||
Total | $ | 864,499,838 | $ | – | $ | – | $ | 864,499,838 |
‡ | Please refer to the Schedule of Investments to view securities segregated by industry type. |