ARK Invest Alters Holdings with Moves in Palantir and Roku Stock

Published 12 hours agoROKU

ARK Invest Alters Holdings with Moves in Palantir and Roku Stock

Cathie Wood's ARK Invest has been making strategic tweaks to its portfolio, notably shedding shares of Palantir Technologies and Roku recently. On February 10, 2025, ARK's main fund, ARKK, sold 135,775 shares of Palantir, netting around $15.05 million. Additionally, ARK sold 78,654 shares of Roku, translating to about $6.69 million.

This is not ARK’s first adjustment involving Roku in recent months. Back on October 31, 2024, ARK took a bullish stance by purchasing 308,892 shares of Roku across three funds, for a total of nearly $23.94 million. However, shifts in strategy were already apparent earlier, as evidenced by a sale of 9,547 Roku shares from the ARKW ETF on September 27, 2024, worth approximately $703,613.

These transactions illustrate ARK's agility in managing its investments to align with evolving market dynamics. As Reuters reported, such strategic moves are indicative of a responsive investment approach by ARK, adapting its holdings to reflect both the broader market environment and the performance of individual companies.

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