Cathie Wood’s ARK ETF adjusts portfolio, adds Alibaba and Baidu stock

Cathie Wood’s ARK ETFs have made significant adjustments to their portfolio on Wednesday, October 1, 2025, with notable transactions across a range of technology and innovation-focused companies. The largest dollar-value trade for the day was the purchase of 511,049 shares of DraftKings Inc (NASDAQ:DKNG), distributed among ARKK, ARKW, and ARKF ETFs, with a total value of $19,113,232.

The ARKK ETF also increased its stake in Alibaba Group Holding Ltd (NYSE:BABA), buying 30,137 shares worth approximately $5,386,386. This follows a recent trend of accumulating Alibaba stock, as ARK has been consistently adding to its position in the Chinese e-commerce giant over the past week. Similarly, Baidu Inc (NASDAQ:BIDU) saw an addition of 21,648 shares to ARKK’s holdings, valued at $2,852,556, continuing ARK’s investment in the leading Chinese internet services provider.

On the selling side, ARKK ETF reduced its exposure to Brera Holdings PLC (NYSE:BREA) by offloading 100,983 shares, resulting in a cash inflow of $3,029,490. This sale marks a continued divestment from Brera Holdings, an extension of the selling pattern observed in previous days.

ARK’s ARKQ ETF engaged in smaller-scale trades, purchasing 88,236 shares of Kodiak AI Inc (NASDAQ:KDK) for $49,998 and selling 25,536 shares of Kratos Defense and Security Solutions Inc (NASDAQ:KTOS) for $2,333,224. Notably, ARK has been reducing its position in Kratos consistently, as evidenced by sales in the past week.

The ARKW ETF parted ways with 37,148 shares of Roblox Corp (Pre-Reincorporation) (NYSE:RBLX), amounting to a sale worth $5,145,740. This move aligns with the fund’s recent trend of decreasing its stake in the online gaming platform. Additionally, ARKW sold 36,697 shares of Roku Inc (NASDAQ:ROKU) and 18,440 shares of Shopify Inc (NYSE:SHOP), with the transactions valued at $3,674,470 and $2,740,368, respectively.

Furthermore, ARKW ETF invested in 46,353 shares of Rubrik Inc (NYSE:RBRK), totaling $3,812,534, indicating a new position or an increase in an existing one within the fund’s portfolio.

Investors and market watchers closely follow Cathie Wood’s ARK ETFs for their forward-looking investment strategy, particularly in disruptive technologies and innovative sectors. Today’s trades reflect ARK’s ongoing strategy to capitalize on market opportunities and adjust their holdings in response to the evolving technological landscape.

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