NVDA
NVIDIA
-- 145.140 PLTR
Palantir
-- 69.850 SMCI
Super Micro Computer
-- 41.810 MRVL
Marvell Technology
-- 118.150 TSLA
Tesla
-- 357.930 
UiPath has quietly become Ark Invest's fourth-largest holding
$ARK Innovation ETF (ARKK.US)$ Cathie Wood's Ark exchange-traded funds (ETFs) hold positions in some of the world's most cutting-edge companies. However, there are some companies she has incredibly high conviction in, and in which her funds own significant stakes. Ark's largest holding is $Tesla (TSLA.US)$ , the EV maker known for utilizing artificial intelligence (AI) in its autonomous driving software. But its fourth-largest holding is a much lesser-known AI-centric company: $UiPath (PATH.US)$
Overall, Ark Invest ETFs own nearly 10% of UiPath stock worth more than $800 million.
UiPath's finances are strong for a young company![]()
UiPath is still a young and growing company. In its fiscal 2024 first quarter, which ended April 30, its revenue rose 18% year over year to $290 million, while its annual recurring revenue rocketed 28% higher to $1.25 billion.
As expected, UiPath lost $46.4 million from operations, indicating a 16% operating loss margin. Still, that's not a very deep hole to dig out of, so investors shouldn't be too concerned with its losses.
As expected, UiPath lost $46.4 million from operations, indicating a 16% operating loss margin. Still, that's not a very deep hole to dig out of, so investors shouldn't be too concerned with its losses.
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