ARK Invest Rebalances Portfolio with $7.9M Roblox Purchase and Fintech Additions
Cathie Wood's ARK Invest made significant portfolio adjustments on November 18, 2025, deploying $7.9 million into Roblox shares across its Innovation and Fintech ETFs. The MOVE signals continued conviction in the gaming platform despite recent market volatility.
The firm simultaneously reduced exposure to social media, selling $5.19 million worth of Pinterest shares. This follows a pattern of divestment from the sector, including a $3.1 million Reddit sale the previous day.
ARK bolstered its fintech holdings with $3.25 million allocated to Klarna and $3.07 million to Circle Internet Financial. Biotech positions saw $4.73 million in combined investments across Recursion Pharmaceuticals and CRISPR Therapeutics.