Cathie Wood’s Bold Moves: Ark Invest Sells Roku & Robinhood, Buys Deere & Co
Cathie Wood’s Ark Invest made significant portfolio adjustments on Thursday, February 14, 2025, selling shares of Robinhood and Roku while making strategic new investments. Here’s a breakdown of the latest trades:
Ark Invest Offloads Robinhood After Stock Surge
• Sold: 266,603 shares of Robinhood (HOOD) via ARKK for $17.01 million
• Reason: Robinhood’s stock soared 14.11% to close at $63.80, following a stellar Q4 earnings report
• Earnings Highlights:
• Revenue hit $1.01 billion, up 115% YoY
• Crypto trading volumes surged 400%
• Gold subscription revenue climbed 86%
• Despite the sell-off, Ark Invest still holds $540 million worth of Robinhood stock
Roku Stock Rally Triggers Major Sell-Off
• Sold: 295,504 shares of Roku via ARKK ($24.9M) & 61,186 shares via ARKW ($5.2M)
• Stock Performance:
• Roku jumped 15% to $100 in after-hours trading after exceeding earnings expectations
• Q4 loss narrowed to $0.24 per share vs. projected $0.42 per share
• Revenue reached $1.2 billion, surpassing estimates ($1.15B)
• Ark Invest still holds $781 million worth of Roku stock
Ark Invest Bets Big on Deere & Co
• Bought: 36,812 shares of Deere & Co (DE) via ARKK, worth $17.16 million
• Why? Despite reporting a 30% decline in Q1 sales, Deere’s earnings exceeded expectations:
• Net income: $869 million vs. $1.751 billion YoY
• Revenue: $8.5 billion, beating forecasts ($7.7B)
• Stock Movement: Deere closed at $466.22 (-2.17%) but remains a long-term investment for Ark
Other Major Ark Trades
• Iridium Communications (IRDM): Bought 306,168 shares ($9.7M)
• Twist Bioscience (TWST): Added 24,201 shares ($1.1M)
• The Trade Desk (TTD): Acquired $20.4M worth of shares
• Beam Therapeutics (BEAM): Picked up 2,995 shares ($247,400)
• PagerDuty: Invested ~$700,000
Takeaway
Ark Invest is shifting its strategy—taking profits from surging stocks like Robinhood and Roku while investing in value plays like Deere & Co. Will these moves pay off? Stay tuned for more updates!
Cathie Wood’s Ark Invest made significant portfolio adjustments on Thursday, February 14, 2025, selling shares of Robinhood and Roku while making strategic new investments. Here’s a breakdown of the latest trades:
Ark Invest Offloads Robinhood After Stock Surge
• Sold: 266,603 shares of Robinhood (HOOD) via ARKK for $17.01 million
• Reason: Robinhood’s stock soared 14.11% to close at $63.80, following a stellar Q4 earnings report
• Earnings Highlights:
• Revenue hit $1.01 billion, up 115% YoY
• Crypto trading volumes surged 400%
• Gold subscription revenue climbed 86%
• Despite the sell-off, Ark Invest still holds $540 million worth of Robinhood stock
Roku Stock Rally Triggers Major Sell-Off
• Sold: 295,504 shares of Roku via ARKK ($24.9M) & 61,186 shares via ARKW ($5.2M)
• Stock Performance:
• Roku jumped 15% to $100 in after-hours trading after exceeding earnings expectations
• Q4 loss narrowed to $0.24 per share vs. projected $0.42 per share
• Revenue reached $1.2 billion, surpassing estimates ($1.15B)
• Ark Invest still holds $781 million worth of Roku stock
Ark Invest Bets Big on Deere & Co
• Bought: 36,812 shares of Deere & Co (DE) via ARKK, worth $17.16 million
• Why? Despite reporting a 30% decline in Q1 sales, Deere’s earnings exceeded expectations:
• Net income: $869 million vs. $1.751 billion YoY
• Revenue: $8.5 billion, beating forecasts ($7.7B)
• Stock Movement: Deere closed at $466.22 (-2.17%) but remains a long-term investment for Ark
Other Major Ark Trades
• Iridium Communications (IRDM): Bought 306,168 shares ($9.7M)
• Twist Bioscience (TWST): Added 24,201 shares ($1.1M)
• The Trade Desk (TTD): Acquired $20.4M worth of shares
• Beam Therapeutics (BEAM): Picked up 2,995 shares ($247,400)
• PagerDuty: Invested ~$700,000
Takeaway
Ark Invest is shifting its strategy—taking profits from surging stocks like Robinhood and Roku while investing in value plays like Deere & Co. Will these moves pay off? Stay tuned for more updates!