CryptoCurrency
Cathie Wood ARK Buys $13 Million Roblox Stock, Sells Meta Platforms
TLDR
- Cathie Wood’s ARK ETFs bought 169,130 Roblox shares worth $13.7 million on January 6, 2026
- ARK sold 19,316 Meta Platforms shares valued at $12.7 million across multiple ETFs
- ARK purchased 39,296 Kodiak AI shares worth $409,000 through its robotics ETF
- ARK reduced biotech holdings by selling $1.8 million in Guardant Health and $568,000 in Ionis Pharmaceuticals
- The trades show ARK’s shift toward gaming and AI companies while reducing exposure to Meta and healthcare stocks
Cathie Wood’s ARK Invest executed major portfolio changes on January 6, 2026, with large transactions in Roblox and Meta Platforms stock. The trades showed continued focus on gaming and autonomous technology companies.
ARK purchased 169,130 shares of Roblox Corp across three ETFs. The buying included the ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF. The total Roblox purchase reached $13.7 million.
The Roblox stock purchase builds on previous ARK investments. Wood’s firm has shown consistent interest in the gaming platform. The online gaming company remains a key part of ARK’s growth portfolio.
ARK sold 19,316 Meta Platforms shares on the same day. The Meta stock sale spanned the same three ETFs. The total value of Meta shares sold was $12.7 million.
ARK Invest Increases AI Stock Holdings
The Meta stock sale extends a selling pattern. ARK has been reducing its Meta Platforms position across recent trading sessions. The trend suggests a strategic shift in Wood’s tech holdings.
ARK bought Kodiak AI stock through its robotics ETF. The autonomous driving company saw purchases of 39,296 shares. The Kodiak AI investment totaled approximately $409,000.
The Kodiak AI purchases follow recent buying activity. ARK has accumulated the autonomous driving stock over multiple days. The trades reflect Wood’s focus on artificial intelligence companies.
Cathie Wood Reduces Healthcare Stock Exposure
ARK sold biotech stocks on Tuesday. The firm offloaded 17,613 Guardant Health shares through the ARK Genomic Revolution ETF. The Guardant Health sale totaled $1.8 million.
ARK also trimmed Ionis Pharmaceuticals stock. The genomics ETF sold 7,228 shares worth $568,000. Both healthcare stock sales came from the same fund.
Analyst ratings vary across these stocks. Roblox stock has a Moderate Buy rating with high upside potential. Kodiak AI stock and Meta stock both carry Strong Buy ratings.
Guardant Health stock and Ionis stock also have Strong Buy ratings. Their projected upside is lower than the technology stocks. ARK published these trades in its daily filing for January 6, 2026.
