Just saw that Cathie Wood is once again stirring up her Cathie Wood stock positions. The founder of Ark Invest has divested over $2.5 million in crypto-related securities—away with Circle Internet Group (1.21 million) and Bullish (1.36 million). Interesting that Circle is currently fighting class-action lawsuits, while Bullish shares have risen by 5%.

Instead, she’s now focusing on Netflix and biotech. Buying Netflix for $2.54 million, even though the stock fell nearly 10% after Q1 results—despite solid numbers (12.25 billion in revenue, $5.28 billion in profit). The right move? She fully loaded up on Alamar Biosciences with $11.96 million. The company surged 33% at its Nasdaq debut, with a market cap now at $1.53 billion.

Typical of Cathie Wood’s stock strategy: out of the hype, into the fundamentals. Whether this will work, we’ll see.