PANews reported on May 17 that according to Jinshi, in the first quarter, the total market value of the Ark Investment Fund ARK, led by "Wood Sister", was US$9.99 billion, and the top ten holdings accounted for 48.49% of the total market value. "Wood Sister"'s holding strategy in the first quarter showed an active layout in the fields of emerging technology and biotechnology, while adjusting and optimizing some holdings. In the first quarter, ARK increased its holdings in AI (Palantir, UiPath), blockchain (Coinbase, Bitcoin ETF), and biotechnology (CRISPR, Teladoc), and reduced its holdings in Tesla (intensified competition) and Zoom (slowing growth). Although Tesla is still the largest holding, accounting for 8.45% of the portfolio, the size of the holdings decreased slightly by 0.87% in the first quarter, which is the third consecutive quarter that Tesla has been reduced.