Cathie Wood’s ARK shifts focus, buys AACT stock, sells ROKU and TEM

Published 24/09/2025, 01:02
Cathie Wood’s ARK shifts focus, buys AACT stock, sells ROKU and TEM

Cathie Wood’s ARK ETF published their daily trades for Tuesday, September 23rd, 2025, with significant activity in both buying and selling across various sectors. The largest dollar-value trade of the day was ARK’s sale of ROKU INC (NASDAQ:ROKU) shares, totaling $4,643,067 through its ARKK ETF. This move comes after a series of sales in ROKU stock by the fund over the past week, indicating a bearish shift for the streaming device company within ARK’s investment strategy.

On the buying side, ARK made its most substantial investment in ARES ACQUISITION CORPORATION II (NYSE:AACT), acquiring 85,142 shares through its ARKQ ETF, amounting to $970,618. This purchase follows a buy from the previous day, suggesting a growing interest in AACT by the fund.

Another notable buy was in ARCTURUS THERAPEUTICS HOLDINGS INC (NASDAQ:ARCT), with ARK adding 28,272 shares through its ARKG ETF, valued at $594,560. This continues a trend of accumulating ARCT shares, as ARK has consistently increased its position in the biotech company over the past week.

In addition, ARK’s ARKQ ETF bought 3,627 shares of PONY AI INC (PRIVATE:PONY), totaling $74,571. This investment is part of an ongoing accumulation strategy in the autonomous vehicle technology firm, with ARK having purchased significant amounts of PONY stock on multiple occasions in the last week.

Conversely, ARK has been reducing its holdings in TEMPUS AI INC (PRE-REINCORPORATION) (PRIVATE:TEM), selling 62,352 shares through its ARKK ETF for a value of $5,354,166. This sale represents the largest dollar-value trade for the day and is a continuation of ARK’s selling pattern in TEMPUS AI, indicating a potential strategic pivot away from the company.

Investors following ARK’s trades should note these patterns, as they may signal the fund’s changing convictions in these companies’ prospects. While ARK’s investment moves are closely watched for their forward-looking bets on disruptive innovation, it’s important to consider the broader context of market conditions and individual investment goals before following these trades.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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