ARK Invest

Q2 2018 13F · by Cathie Wood, CIO

As of: Jun 30, 2018
Filed: Aug 7, 2018
US stock: $2.7B · prev $2.0B
Positions: 200 · prev 199
Options notional: $0
Documents: 1· no amendments

Picture96.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 96.0%
Foreign stock not listed in the US 4.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves204 since the prior filing

+10.6 pp in · −10.6 pp out

New 13 +2.10 pp
Added 107 +8.53 pp
Trimmed 72 −9.00 pp
Exited 12 −1.57 pp

The book

Diversified · behaves like 41 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 25% a year, about 4.1 years per position

Low
Moderate
High

Top 5 positions23% of US stock

TSLA Tesla, Inc. added+1.41 pp added+1.415.6%
SSYS Stratasys Inc (ISRAEL) added−0.07 pp added−0.074.8%
NTLA Intellia Therapeutics, Inc added+0.76 pp added+0.764.5%
TWTR Twitter, Inc. added+0.52 pp added+0.524.4%
BIDU Baidu, Inc. added+0.13 pp added+0.133.7%

Positions200 in this filing · 12 exited


TSLATesla, Inc.	5.58%	443,874	$152M	added+41%	+1.41 pp	7 q
SSYSStratasys Inc (ISRAEL)	4.78%	6,808,746	$130M	added+41%	−0.07 pp	7 q
NTLAIntellia Therapeutics, Inc	4.53%	4,513,584	$123M	added+25%	+0.76 pp	7 q
TWTRTwitter, Inc.	4.41%	2,757,845	$120M	added+2%	+0.52 pp	7 q
BIDUBaidu, Inc.	3.70%	415,392	$101M	added+29%	+0.13 pp	7 q
ILMNIllumina Inc	3.41%	332,865	$93M	added+32%	+0.46 pp	7 q
AMZNAmazon.Com Inc	3.20%	51,388	$87M	trimmed−6%	−0.72 pp	7 q
1885807DAthenahealth Inc	3.20%	549,035	$87M	added+12%	−0.28 pp	7 q
XYZBlock, Inc.	3.09%	1,366,161	$84M	added+25%	+0.43 pp	7 q
AAPLApple Inc.	2.87%	422,828	$78M	added+70%	+0.79 pp	6 q
EDITEditas Medicine, Inc.	2.86%	2,181,572	$78M	added+35%	+0.19 pp	6 q
NVDANvidia Corp	2.70%	311,533	$74M	added+3%	−0.79 pp	7 q
NFLXNetFlix Inc	2.56%	178,212	$70M	trimmed−4%	−0.15 pp	7 q
JDJD.com, Inc.	2.52%	1,766,968	$69M	added+52%	+0.18 pp	4 q
NVTAInvitae Corporation	2.37%	8,814,227	$65M	added+27%	+0.76 pp	7 q
LCHappen, Inc.	2.15%	15,479,488	$59M	added+30%	+0.08 pp	7 q
TCEHYTencent Hldgs UNSP/	2.06%	1,120,180	$56M	added+60%	+0.21 pp	4 q
TERTeradyne, Inc.	2.04%	1,464,955	$56M	added×2.8	+0.84 pp	7 q
MDSOMedidata Solutions, Inc.	1.85%	627,743	$51M	trimmed−12%	−0.37 pp	7 q
CRMSalesforce, Inc.	1.84%	367,884	$50M	added+19%	+0.05 pp	7 q
XLNXXilinx Inc	1.71%	716,666	$47M	added+32%	−0.24 pp	7 q
RHTRed Hat Inc	1.68%	342,069	$46M	added+62%	+0.11 pp	7 q
unresolvedBluebird Bio Inc	1.51%	263,321	$41M	added+33%	−0.16 pp	7 q
9991429DAptiv Irish Holdings Ltd	1.46%	433,705	$40M	added+33%	+0.08 pp	3 q
CERSCerus Corp	1.39%	5,695,371	$38M	added+8%	−0.04 pp	7 q
SPLKSplunk Inc	1.36%	374,446	$37M	added+15%	−0.23 pp	7 q
NSTGQNanoString Technologies, Inc.	1.32%	2,625,472	$36M	added+18%	+0.49 pp	7 q
VCYTVeracyte, Inc.	1.29%	3,760,659	$35M	added+34%	+0.51 pp	7 q
MELIMercado Libre, Inc	1.25%	114,208	$34M	added×2.4	+0.41 pp	7 q
SPOTSpotify Technology S.A.	1.25%	202,304	$34M	new	+1.25 pp	new
TSMTaiwan Semiconductor Manufacturing Company Ltd.	1.22%	911,273	$33M	added×4.2	+0.75 pp	2 q
BABAAlibaba Group Holding Limited	1.19%	174,874	$32M	added+19%	−0.14 pp	7 q
MSFTMicrosoft Corp	1.13%	311,510	$31M	added×4.4	+0.81 pp	7 q
RDFNRedfin Corporation	1.10%	1,300,606	$30M	trimmed−12%	−0.58 pp	4 q
MCRBSeres Therapeutics, Inc.	1.03%	3,266,428	$28M	added+36%	+0.15 pp	7 q
CRSPCRISPR Therapeutics AG	1.01%	467,140	$27M	added×6.4	+0.85 pp	5 q
PACBPacific Biosciences of California, Inc.	0.82%	6,321,293	$22M	added+48%	+0.38 pp	4 q
unresolvedOrganovo Hldgs Inc	0.76%	14,860,438	$21M	added+32%	+0.18 pp	7 q
unresolved2U Inc	0.73%	237,528	$20M	trimmed−48%	−1.19 pp	7 q
MTLSMaterialise NV	0.71%	1,494,142	$19M	added+21%	−0.01 pp	7 q
HDP1Hortonworks Inc	0.67%	998,662	$18M	trimmed−27%	−0.71 pp	7 q
SYRSSyros Pharmaceuticals Inc	0.67%	1,799,553	$18M	added+20%	−0.30 pp	7 q
CGENCompugen Ltd	0.65%	5,372,874	$18M	added+35%	−0.23 pp	7 q
GOOGAlphabet Inc. Class C	0.60%	14,612	$16M	added+4%	−0.12 pp	7 q
unresolvedBitcoin Investment Trust	0.55%	1,746,550	$15M	added+2%	−0.34 pp	4 q
METAMeta Platforms, Inc. Class A	0.47%	65,637	$13M	trimmed−58%	−0.76 pp	7 q
XONEExone CO/THE	0.46%	1,754,274	$12M	added+5%	−0.14 pp	7 q
SHOPShopify Inc. Class A subordinate voting shares	0.45%	85,073	$12M	added+12%	−0.02 pp	5 q
HUBSHubspot, Inc.	0.44%	95,299	$12M	trimmed−7%	−0.11 pp	7 q
PYPLPayPal Holdings, Inc.	0.43%	140,907	$12M	trimmed−50%	−0.64 pp	7 q
AVAVAeroVironment, Inc.	0.40%	153,610	$11M	trimmed−12%	+0.01 pp	7 q
ADBEAdobe Inc.	0.39%	43,392	$11M	added+21%	+0.01 pp	7 q
SFTBYSoftbank Grp UNSP/	0.39%	298,614	$11M	trimmed−36%	−0.47 pp	4 q
TREELendingTree, Inc.	0.34%	43,860	$9M	added+51%	−0.13 pp	7 q
PRLBProto Labs, Inc.	0.34%	78,469	$9M	trimmed−52%	−0.61 pp	7 q
IONSIonis Pharmaceuticals, Inc.	0.33%	213,127	$9M	trimmed−39%	−0.44 pp	7 q
ZZillow Group, Inc. Class C	0.29%	134,461	$8M	new	+0.29 pp	new
TDOCTeladoc Health, Inc.	0.28%	129,484	$8M	added+42%	+0.10 pp	4 q
CELGCelgene Corp	0.27%	91,659	$7M	added+95%	+0.06 pp	7 q
CLLSCellectis S.A.	0.25%	244,263	$7M	added×2.8	+0.11 pp	6 q
REGNRegeneron Pharmaceuticals Inc	0.23%	18,582	$6M	added×5.6	+0.17 pp	7 q
NOWServicenow, Inc.	0.23%	36,461	$6M	trimmed−14%	−0.12 pp	7 q
TRMBTrimble Inc.	0.19%	159,356	$5M	added+40%	−0.01 pp	7 q
ALGNAlign Technology Inc	0.18%	14,221	$5M	trimmed−21%	−0.05 pp	7 q
unresolvedInovio Pharmaceuticals Inc	0.17%	1,194,657	$5M	added+80%	+0.01 pp	7 q
unresolvedArcturus Therapeutics Ltd	0.17%	533,773	$5M	added+61%	+0.08 pp	3 q
ADSKAutodesk Inc	0.16%	33,947	$4M	trimmed−80%	−0.88 pp	7 q
BIIBBiogen Inc.	0.15%	14,050	$4M	trimmed−0%	−0.04 pp	7 q
ZUOZuora, Inc.	0.15%	149,221	$4M	new	+0.15 pp	new
AKXAnsys Inc	0.13%	20,814	$4M	trimmed−9%	−0.05 pp	7 q
GMGeneral Motors Company	0.13%	86,731	$3M	trimmed−7%	−0.04 pp	6 q
unresolvedMazor Robotics Ltd	0.13%	64,296	$4M	trimmed−7%	−0.08 pp	7 q
SNAPSnap Inc.	0.12%	254,507	$3M	new	+0.12 pp	new
DDD3D Systems Corporation	0.12%	238,797	$3M	trimmed−14%	−0.04 pp	7 q
FPRXFive Prime Therapeutics, Inc.	0.11%	183,094	$3M	added×2.7	+0.05 pp	7 q
HPQHP Inc.	0.11%	130,842	$3M	added+5%	−0.03 pp	7 q
INCYIncyte Genomics Inc	0.11%	43,924	$3M	added+45%	−0.02 pp	7 q
unresolvedFoundation Medicine	0.10%	19,733	$3M	trimmed−77%	−0.24 pp	7 q
FRIIFFrance Mgi Digital Graph	0.10%	37,496	$3M	added+11%	−0.02 pp	2 q
PRWYFProdways Group	0.10%	536,161	$3M	added+18%	−0.02 pp	4 q
RNSHFRenishaw PLC	0.10%	40,232	$3M	added+6%	−0.02 pp	4 q
4AMNikon Slm Solutions AG	0.09%	66,547	$3M	added+26%	−0.01 pp	4 q
unresolvedBellicum Pharmaceuticals Inc	0.08%	283,772	$2M	new	+0.08 pp	new
BMYBristol-Myers Squibb Co.	0.08%	38,147	$2M	new	+0.08 pp	new
GILDGilead Sciences Inc	0.08%	28,946	$2M	trimmed−21%	−0.06 pp	4 q
MGTIMgt Capital Invts Inc	0.08%	3,091,503	$2M	added+29%	−0.07 pp	2 q
PTCPtc, Inc	0.08%	22,530	$2M	trimmed−8%	−0.02 pp	7 q
ESLTElbit Systems Ltd	0.08%	17,355	$2M	trimmed−4%	−0.03 pp	7 q
ALNYAlnylam Pharmaceuticals, Inc.	0.07%	19,362	$2M	added+74%	0.00 pp	7 q
CGNXCognex Corp	0.07%	43,170	$2M	added+31%	−0.02 pp	3 q
DEDeere & Company	0.07%	14,216	$2M	added+8%	−0.03 pp	4 q
DSYDassault Systems	0.07%	14,179	$2M	trimmed−14%	−0.04 pp	4 q
ISRGIntuitive Surgical Inc.	0.06%	3,230	$2M	new	+0.06 pp	new
IOVAIovance Biotherapeutics, Inc.	0.06%	122,623	$2M	added+88%	+0.01 pp	2 q
unresolvedPluristem Therapeutics Inc	0.06%	1,436,501	$2M	added+87%	+0.01 pp	4 q
RKUNYRakuten Group Inc S/	0.06%	222,428	$2M	added+17%	−0.02 pp	2 q
TMToyota Motor Corporation	0.06%	13,066	$2M	trimmed−7%	−0.03 pp	7 q
CFMSConformis, Inc.	0.05%	1,158,321	$1M	added+65%	0.00 pp	7 q
CSODCornerstone OnDemand, Inc.	0.05%	29,696	$1M	trimmed−27%	−0.03 pp	7 q
MBGYYMercedes-benz Unsp /	0.05%	84,552	$1M	added+19%	−0.02 pp	2 q
unresolvedEvelo Biosciences Inc	0.05%	126,831	$1M	new	+0.05 pp	new
IFNNYInfineon Techs AG S/	0.05%	53,209	$1M	trimmed−26%	−0.05 pp	2 q
ROKRockwell Automation, Inc.	0.05%	7,826	$1M	trimmed−7%	−0.02 pp	7 q
RDHLRedhill Biopharma Ltd.	0.04%	112,648	$961,000	added+9%	+0.01 pp	3 q
FANUYFanuc Corp UNSP/	0.03%	37,019	$734,000	trimmed−72%	−0.14 pp	4 q
2613715DK2M Group Holdings Inc	0.03%	31,082	$699,000	trimmed−38%	−0.02 pp	7 q
NNDMNano Dimension Ltd.	0.03%	334,774	$703,000	trimmed−7%	0.00 pp	7 q
TEVATeva Pharmaceutical Industries Limited	0.03%	30,487	$741,000	added+9%	+0.01 pp	3 q
CRNTCeragon Networks Ltd	0.03%	205,069	$732,000	trimmed−22%	0.00 pp	3 q
AMEAmetek, Inc.	0.02%	6,682	$482,000	trimmed−23%	−0.01 pp	7 q
ABTUGBXAquabounty Technologies	0.02%	170,697	$568,000	added+81%	+0.01 pp	2 q
ARNCHowmet Aerospace Inc.	0.02%	25,358	$431,000	added+22%	0.00 pp	7 q
FAROFaro Technologies Inc	0.02%	8,083	$439,000	trimmed−34%	−0.02 pp	7 q
unresolvedGeneral Electric Co	0.02%	43,008	$585,000	added+19%	0.00 pp	7 q
MOG.AMoog Inc.	0.02%	6,928	$540,000	trimmed−0%	−0.01 pp	2 q
NICENICE Ltd	0.02%	5,646	$586,000	trimmed−8%	−0.01 pp	3 q
PRCPPerceptron Inc	0.02%	55,612	$587,000	new	+0.02 pp	new
SEDGSolarEdge Technologies, Inc.	0.02%	9,754	$467,000	trimmed−39%	−0.02 pp	3 q
SYKStryker Corporation	0.02%	3,663	$619,000	trimmed−6%	−0.01 pp	2 q
UCTTUltra Clean Holdings, Inc.	0.02%	35,874	$596,000	added+44%	0.00 pp	7 q
UPSUnited Parcel Service, Inc. Class B	0.02%	5,435	$577,000	added+15%	0.00 pp	7 q
BDTBertrandt AG	0.02%	5,265	$500,000	added+13%	−0.01 pp	4 q
SMAWFSiemens AG Ord	0.02%	4,512	$597,000	added+9%	−0.01 pp	4 q
unresolvedArrk Corp	0.02%	539,201	$584,000	added+3%	−0.01 pp	4 q
SBHGFSbi Holdings Inc Ord	0.02%	16,100	$415,000	held	—	3 q
AUDCAudioCodes Ltd	0.02%	77,046	$599,000	added0%	−0.01 pp	3 q
BZQIFBezeq Israel Telecom	0.02%	440,715	$496,000	added+26%	0.00 pp	3 q
CAMTCamtek Ltd	0.02%	75,444	$555,000	trimmed−11%	−0.01 pp	3 q
CHKPCheck Point Software Technologies Ltd	0.02%	5,268	$515,000	trimmed−4%	−0.01 pp	3 q
CYBRCyberark Software LTD/ISRAEL	0.02%	10,342	$651,000	trimmed−24%	−0.01 pp	3 q
DANEDanel (Adir Yeoshua) Ltd	0.02%	11,099	$491,000	added+15%	0.00 pp	3 q
unresolvedEvogene Ltd - ADR	0.02%	167,347	$479,000	added×2.7	+0.01 pp	7 q
FTCFFFms Enterprises Migun Ltd	0.02%	17,178	$464,000	added+17%	0.00 pp	3 q
FOMXFoamix Pharmaceuticals Ltd	0.02%	106,243	$532,000	added+18%	0.00 pp	3 q
MLNXMellanox Technologies Ltd	0.02%	7,013	$591,000	trimmed−29%	−0.02 pp	7 q
GILTGilat Satellite Networks Ltd	0.02%	64,780	$599,000	trimmed−8%	−0.01 pp	3 q
HLTEFHilan Tech Ltd	0.02%	24,022	$528,000	trimmed−4%	−0.01 pp	3 q
ITRNIturan Location and Control Ltd.	0.02%	16,681	$506,000	trimmed−2%	−0.01 pp	3 q
KMDAKamada Ltd	0.02%	119,537	$616,000	added+15%	0.00 pp	3 q
unresolvedMagicjack Vocaltec Ltd	0.02%	65,344	$555,000	trimmed−5%	−0.01 pp	3 q
RMTHFMatrix It Ltd	0.02%	47,361	$504,000	added+1%	−0.01 pp	3 q
NVMINova Ltd.	0.02%	19,291	$526,000	trimmed−7%	−0.01 pp	3 q
ORBKOrbotech Ltd	0.02%	9,105	$563,000	trimmed−14%	−0.01 pp	3 q
PTNRFPartner Communs Co Ord	0.02%	114,641	$430,000	added+14%	0.00 pp	3 q
unresolvedPointer Telocation Ltd	0.02%	35,794	$430,000	added+14%	0.00 pp	3 q
RDCMRadcom Ltd.	0.02%	29,363	$580,000	trimmed−4%	−0.01 pp	3 q
RDWRRadware Ltd.	0.02%	24,521	$620,000	trimmed−15%	−0.01 pp	3 q
SILCSilicom Ltd	0.02%	14,929	$574,000	added+91%	+0.01 pp	3 q
SCIXFSuny Cellular Com Ltd Ord	0.02%	913,944	$499,000	added+6%	−0.01 pp	3 q
TAROTaro Pharmaceutical Indus	0.02%	5,385	$623,000	trimmed−1%	−0.01 pp	3 q
URGNUroGen Pharma Ltd.	0.02%	9,438	$470,000	trimmed−30%	−0.01 pp	3 q
WIXWIX.com Ltd.	0.02%	6,073	$609,000	trimmed−38%	−0.02 pp	3 q
unresolvedSapiens International Corp	0.02%	61,856	$604,000	added+29%	0.00 pp	3 q
unresolvedHexagon AB	0.02%	8,363	$467,000	trimmed−27%	−0.01 pp	4 q
FISVFiserv, Inc.	0.01%	3,578	$265,000	added+5%	0.00 pp	3 q
GWREGuidewire Software, Inc.	0.01%	3,649	$324,000	added+5%	0.00 pp	3 q
IBKRInteractive Brokers Group, Inc. Class A	0.01%	4,906	$316,000	added+5%	−0.01 pp	3 q
INTUIntuit Inc	0.01%	1,307	$267,000	trimmed−25%	0.00 pp	5 q
NDAQNasdaq, Inc.	0.01%	2,232	$204,000	trimmed−14%	0.00 pp	3 q
SCHWThe Charles Schwab Corporation	0.01%	3,302	$169,000	added+5%	0.00 pp	3 q
SBUXStarbucks Corp	0.01%	3,727	$182,000	added+6%	0.00 pp	3 q
TRUTransUnion	0.01%	3,437	$246,000	added+1%	0.00 pp	3 q
VVISA Inc.	0.01%	1,198	$159,000	added+5%	0.00 pp	3 q
WDAYWorkday, Inc. Class A	0.01%	1,334	$162,000	added+5%	0.00 pp	3 q
RKUNFRakuten Group Inc	0.01%	24,600	$166,000	added+23%	0.00 pp	3 q
unresolvedAeronautics Ltd	0.01%	186,501	$378,000	added+36%	−0.01 pp	3 q
CELJFCellcom Israel Ltd Ord	0.01%	71,377	$405,000	added+21%	−0.01 pp	3 q
TSEMTower Semiconductor Ltd	0.01%	18,492	$407,000	added+9%	−0.01 pp	3 q
ASXFFAsx Ltd Ord	0.01%	4,017	$191,000	held	—	3 q
FANDFFirstrand Ltd	0.01%	34,982	$162,000	held	—	3 q
ATIATI Inc.	0.00%	2,440	$61,000	trimmed−22%	0.00 pp	7 q
CBOECboe Global Markets, Inc.	0.00%	932	$97,000	added+5%	−0.01 pp	3 q
CRSCarpenter Technology Corp	0.00%	1,246	$66,000	trimmed−29%	0.00 pp	7 q
DPZDomino's Pizza Inc.	0.00%	343	$97,000	added+5%	0.00 pp	3 q
unresolvedDowdupont Inc	0.00%	962	$63,000	trimmed−9%	0.00 pp	4 q
EMNEastman Chemical Company	0.00%	598	$60,000	trimmed−27%	0.00 pp	7 q
KODKEastman Kodak Company	0.00%	13,077	$50,000	added+61%	0.00 pp	7 q
EVKGEver-glory Intl Group Inc	0.00%	1,731	$58,000	new	0.00 pp	new
HDBHDFC Bank Limited	0.00%	1,297	$136,000	added+5%	−0.01 pp	3 q
HENKYHenkel AG & Co Kgaa S/	0.00%	495	$55,000	new	0.00 pp	new
HXLHexcel Corporation	0.00%	975	$65,000	trimmed−22%	0.00 pp	4 q
ICEIntercontinental Exchange Inc.	0.00%	1,812	$133,000	added+5%	−0.01 pp	2 q
MSCIMSCI, Inc.	0.00%	783	$130,000	trimmed−13%	−0.01 pp	3 q
unresolvedMichelin (Cgde)	0.00%	11	$1,000	new	0.00 pp	new
POLAvient Corporation	0.00%	1,435	$62,000	trimmed−20%	0.00 pp	7 q
PXGBXPraxair Inc	0.00%	424	$67,000	trimmed−18%	0.00 pp	7 q
MMM3M Company	0.00%	294	$58,000	new	0.00 pp	new
VRSKVerisk Analytics, Inc.	0.00%	702	$76,000	added+8%	0.00 pp	3 q
unresolvedVolkswagen Ag-spons ADR	0.00%	215	$7,000	trimmed−6%	0.00 pp	2 q
unresolvedWirecard AG - ADR	0.00%	1,183	$96,000	added+5%	0.00 pp	3 q
BAYZFBayer A G Ord	0.00%	390	$43,000	held	—	4 q
ARKAFArkema Ord	0.00%	473	$56,000	trimmed−21%	0.00 pp	4 q
FANUFFanuc Corporation	0.00%	220	$44,000	held	—	2 q
NTDOFNintendo Co Ltd Ord	0.00%	171	$56,000	held	—	4 q
unresolvedSoftBank Group Corp	0.00%	555	$40,000	held	—	4 q
TRYIFToray Indus Inc Ord	0.00%	6,736	$53,000	trimmed−14%	0.00 pp	4 q
DSMKoninklijke Dsm NV	0.00%	599	$60,000	trimmed−35%	0.00 pp	4 q
unresolvedTrade Me Group Ltd	0.00%	10,506	$33,000	held	—	3 q
XROLFXero Ltd Ord	0.00%	3,465	$115,000	trimmed−37%	−0.01 pp	3 q
SDVKFSandvik AB	0.00%	3,342	$59,000	trimmed−22%	0.00 pp	4 q
NTDOYNintendo Co Ltd UNSP/	—	−330,964	—	exited	−0.91 pp	—
BOXBox, Inc.	—	−241,263	—	exited	−0.25 pp	—
JNCEJounce Therapeutics, Inc.	—	−93,143	—	exited	−0.10 pp	—
TWLOTwilio Inc.	—	−53,688	—	exited	−0.10 pp	—
MSHHFMensch Und Mschine Softwr	—	−67,714	—	exited	−0.09 pp	—
ALBAlbemarle Corporation	—	−17,794	—	exited	−0.08 pp	—
RADARada Electronic Inds Ltd	—	−205,596	—	exited	−0.02 pp	—
unresolvedFenner PLC	—	−11,870	—	exited	−0.01 pp	—
unresolvedVascular Biogenics Ltd	—	−75,354	—	exited	−0.01 pp	—
BBBlackBerry Limited	—	−64	—	exited	0.00 pp	—
CTRPTrip.com Group Limited	—	−1,926	—	exited	0.00 pp	—
SGLBNextTrip, Inc.	—	−21,438	—	exited	0.00 pp	—