Cathie Wood is the CEO and chief investment officer at ARK Investment Management. One feature that differentiates Wood from her peers in the wealth management industry is her appetite for more-speculative opportunities -- often assuming higher degrees of risk compared to blue chip stocks.

Cathie Wood, head of Ark Investment Management, is known for making bold bets — but she’s not afraid to change course when the market proves her wrong. That’s what she did this week. She unloaded a tech stock that tumbled nearly 50% last year.

Star portfolio manager Cathie Wood’s Ark Investment Management filed its 13F holdings report for the fourth quarter on Feb. 4.  As usual, there were many moves into and out of the investment management firm’s holdings.

Cathie Wood bought shares of AMD, Toast, and Shopify on Tuesday. AMD hit a new 52-week low after posting mixed quarterly results last week. Toast shares have soared 108% over the past year, and the eatery tech specialist has a critical earnings report on the menu for next week.