Cathie Wood, chief executive officer and chief investment officer of ARK Investment Management LLC, speaks at the Sooner Than You Think conference in Brooklyn, New York on Tuesday, October 16, 2018.
Alex Flynn | Bloomberg | Getty Images
The large inflow into Cathie Wood’s funds this year has sparked exuberance around Ark Invest, but the high-profile investor isn’t concerned about a bubble in its funds or the market in general.
Wood told CNBC Pro how the company manages holdings in the fund when valuations get too high. And revealed the only stock she holds regardless of valuation because of how disruptive the company will be.
The company’s Ark Innovation fund, already the largest actively managed ETF, has brought in $ 3 billion in new money this year alone as investors continue to follow its dazzling track record of 2020.