Cathie Wood Increases Investment in Intellia and L3Harris, Reduces Position in Kratos Holdings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 30 2025
0mins
Should l Buy LHX?
Source: TipRanks
ARK Invest Portfolio Adjustments: Cathie Wood's ARK Invest made significant changes to its ETFs, acquiring shares in Intellia Therapeutics and L3Harris Technologies while reducing its stake in Kratos Defense.
Strategic Shift in Defense Investments: The ARK Space Exploration & Innovation ETF sold shares of Kratos Defense while investing in L3Harris, which recently secured a major contract from the U.S. Navy, indicating a strategic pivot within defense contractors.
Biotech Investments: The ARK Innovation ETF and ARK Genomic Revolution ETF collectively purchased over 112,000 shares of Intellia Therapeutics, reflecting Wood's ongoing commitment to biotech and gene-editing technologies.
Analyst Ratings: Wall Street analysts have given a "Strong Buy" consensus rating to L3Harris, Kratos Defense, and Intellia, with Intellia showing the highest potential upside for the next year.
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Analyst Views on LHX
Wall Street analysts forecast LHX stock price to fall
14 Analyst Rating
11 Buy
3 Hold
0 Sell
Strong Buy
Current: 371.260
Low
212.00
Averages
253.50
High
280.00
Current: 371.260
Low
212.00
Averages
253.50
High
280.00
About LHX
L3Harris Technologies, Inc. provides end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security. Its segments include Space & Airborne Systems (SAS), Integrated Mission Systems (IMS), Communication Systems (CS), and Aerojet Rocketdyne (AR). The SAS segment supplies full mission solutions as a prime and subsystem integrator in the space, airborne and cyber domains. The IMS segment delivers differentiated mission capabilities and prime systems integration to support intelligence, reconnaissance and surveillance (ISR), passive sensing and targeting, electronic attack, autonomy, power and communications, networks and sensors. CS enables warfighters across all domains with solutions critical to mission success even in the contested environments. The AR segment provides propulsion, power and armament products and systems to the U.S. Government, including the DoD, NASA and various aerospace and defense prime contractors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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