Cathie Wood’s ARK Venture Fund Bets $69 Million on OpenAI, Bloomberg Intelligence Data Shows
Cathie Wood’s ARK Venture Fund has a $69 million investment in OpenAI, giving the artificial intelligence company an 8.6% share of the fund’s portfolio, according to information shared by Coin Bureau citing Bloomberg Intelligence data.
ARK Holds Highest Portfolio Concentration
The 8.6% allocation makes OpenAI the largest portfolio concentration among major public funds tracked by Bloomberg Intelligence, highlighting the size of ARK Venture Fund’s exposure relative to its overall holdings.
While ARK has a significant percentage of its portfolio tied to OpenAI, Fidelity has a substantially larger dollar investment in the AI company. Fidelity Contrafund holds an estimated $408 million in OpenAI, according to the reported figures.
Despite the larger dollar value, OpenAI represents only 0.2% of Fidelity Contrafund’s portfolio. The comparison puts ARK Venture Fund’s $69 million position into perspective: its exposure is far smaller in absolute dollar terms than Fidelity’s, but considerably larger as a proportion of the fund.
OpenAI Valuation and Funding Plans
The reported figures come as OpenAI’s valuation and potential financing plans draw attention. The company was last valued at $852 billion and is reportedly discussing a new funding round that could value it at nearly $1.4 trillion.
The difference between ARK and Fidelity’s positions illustrates how portfolio concentration can vary significantly even when investment exposure is measured across the same private company. ARK Venture Fund’s 8.6% allocation places OpenAI at the center of its portfolio exposure among the major public funds tracked by Bloomberg Intelligence, while financial Fidelity’s much larger $408 million position accounts for just 0.2% of Contrafund.
Coin Bureau reported the figures in connection with ARK Venture Fund’s OpenAI position, with Bloomberg Intelligence cited for the comparison of portfolio concentrations and investment exposure.
Writer: Victoria HaleTechnology & Blockchain WriterVictoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.She prioritises clarity and accuracy when explaining technical developments to a general audience.
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