ARK Invest Rebalances Portfolio: Buys Pinterest Dip, Sells Roku and Robinhood
Cathie Wood's ARK Invest executed strategic trades on November 5, 2025, capitalizing on Pinterest's 21.8% post-earnings plunge. The firm acquired 521,867 shares worth $17.17 million across three ETFs, signaling confidence in the social media platform's recovery potential at $25.76 per share.
Simultaneously, ARK divested $11.2 million in Roku stock through its flagship ARKK ETF, extending a week-long selling pattern. The MOVE came despite Robinhood beating Q3 expectations, with ARK liquidating $7.67 million in HOOD shares.
The genomics-focused ARKG ETF added $3.32 million in Guardant Health exposure. Additional sales included Reddit, SoFi Technologies, and select biotech and aerospace holdings, demonstrating Wood's active rotation strategy.