Cathie Wood’s ARK ETFs Adjust Holdings, Sells Roblox and Coinbase Stock

Cathie Wood’s ARK ETF published their daily trades for Thursday, June 26th, 2025, revealing a series of strategic adjustments across its funds. The most significant move was the sale of 182,528 shares of Roblox Corp (PRE-REINCORPORATION) (NYSE:RBLX), valued at approximately $18.77 million, indicating a significant reduction in ARK’s position in the gaming platform company.

In addition to Roblox, ARK also divested a substantial number of shares in Coinbase Global Inc (NASDAQ:COIN), selling 33,363 shares with a total dollar value of around $11.86 million. This move comes amidst a volatile period for cryptocurrency exchanges and could reflect ARK’s strategy to rebalance its exposure to the sector.

On the buying side, ARK demonstrated a strong vote of confidence in Kratos Defense and Security Solutions Inc (NASDAQ:KTOS), purchasing a total of 1,221,350 shares across its ARKK, ARKQ, and ARKX (NYSE:ARKX) ETFs, amounting to a staggering $51.7 million investment. This acquisition marks a significant increase in ARK’s stake in the defense contractor, which specializes in unmanned systems, satellite communications, and microwave electronics.

ARK’s investment in CRISPR Therapeutics AG (NASDAQ:CRSP) also continued, with the purchase of 14,037 shares valued at approximately $669,003. This follows a pattern of consistent buying in the gene-editing company, suggesting a continued bullish outlook on the biotech sector and, more specifically, on CRISPR’s potential within it.

Other notable sales included 20,076 shares of Cameco Corp (TSX:CCO) (NYSE:CCJ) and 1,700 shares of Elbit Systems Ltd (NASDAQ:ESLT), with total dollar values of approximately $1.43 million and $733,737, respectively. Additionally, ARK sold a smaller stake of 707 shares of Lockheed Martin Corp (NYSE:LMT), valued at around $324,081.

The trading activity also saw minor divestments in UiPath Inc (NYSE:PATH), with only 50 shares sold, amounting to a mere $623. This sale is relatively insignificant compared to the overall trading volume but is part of a recent trend of ARK reducing its position in the automation software company.

Investors following ARK’s trades will note the fund’s strategic rebalancing, with significant sales in high-profile tech and cryptocurrency-related stocks and increased investment in defense and biotech sectors. These moves may reflect Wood’s vision for the evolving market landscape and her confidence in specific industries poised for growth. As always, ARK’s trades provide a window into the fund’s dynamic investment approach, adapting to market conditions and future growth opportunities.

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