ARK Invest Rebalances Portfolio: Sells Roku and TSMC, Buys Amazon and Roblox
Cathie Wood's ARK Invest executed significant portfolio adjustments on March 4, 2026, capitalizing on recent market movements. The firm sold $40 million worth of Roku shares across three ETFs, continuing a strategic reduction following the company's February earnings report. Taiwan Semiconductor shares worth $4.9 million were also divested as part of an ongoing exit.
ARK deployed $14.5 million into Amazon shares following the tech giant's announcement of a $21 billion investment in Spain. The investment firm also allocated approximately $15 million combined to Roblox and Genius Sports, while making smaller positions in Joby Aviation and Archer Aviation.
These moves reflect ARK's active management strategy, taking profits from recent gainers while positioning in companies with long-term growth potential. The Roku sale appears particularly noteworthy given the stock's 3.7% rise preceding the transaction.