According to online reports, in the first quarter, the total market value of ARK investment fund ARK, which is headed by "Mutou Sister", was US$9.99 billion, and the top ten positions accounted for 48.49% of the total market value. "Sister Mutou"'s position strategy in the first quarter showed a positive layout in emerging technology and biotechnology fields, while adjusting and optimizing some positions. In the first quarter, ARK increased its holdings in AI (Palantir, UiPath), blockchain (Coinbase, Bitcoin ETF), biotechnology (CRISPR, Teladoc), and reduced its holdings in Tesla (intensified competition), Zoom (slowed growth). Although Tesla still holds the largest shareholding, accounting for 8.45% of the investment portfolio, the size of its holdings decreased slightly by 0.87% in the first quarter, which is the third consecutive quarter that Tesla has reduced its holdings.