TLDR
- ARK Invest bought 511,049 DraftKings shares worth $19.1 million on October 1, 2025
- ARKK ETF purchased $5.4 million in Alibaba stock and $2.85 million in Baidu shares
- ARK sold $3 million worth of Brera Holdings shares through ARKK ETF
- ARKW ETF offloaded $5.1 million in Roblox and $3.7 million in Roku stock
- The trades show continued investment in Chinese tech stocks and online gaming platforms
Cathie Wood’s ARK Invest executed multiple portfolio changes on October 1, 2025. The investment firm made its largest purchase in DraftKings while continuing to build positions in Chinese technology companies.
ARK bought 511,049 DraftKings shares across three exchange-traded funds. The total purchase value reached $19.1 million for the online betting platform.
The ARK Innovation ETF acquired 350,315 shares. The ARK Next Generation Internet ETF added 103,872 shares to its holdings.
The ARK Fintech Innovation ETF purchased 56,862 shares. DraftKings holds a Strong Buy rating from Wall Street analysts.
Chinese Tech Stock Purchases
ARK continued expanding its Chinese stock exposure through ARKK ETF. The fund bought 30,137 Alibaba shares valued at $5.4 million.
ARKK also purchased 21,648 Baidu shares worth $2.85 million. ARK has been adding Alibaba stock consistently throughout the past week.
Both Chinese tech giants received purchases as part of Wood’s ongoing investment strategy. Alibaba operates in e-commerce and cloud computing while Baidu provides internet services.
The ARK Autonomous Technology & Robotics ETF bought 88,236 Kodiak AI shares for $49,998. ARKW ETF purchased 46,353 Rubrik shares valued at $3.8 million.
Rubrik focuses on cloud-native data security solutions. The company also holds a Strong Buy rating from analysts.
Stock Sales and Portfolio Reductions
ARK sold several positions during the same trading day. ARKK ETF offloaded 100,983 Brera Holdings shares worth $3 million.
The sale represents a continued divestment from the multi-club sports owner. ARK has been reducing this position over multiple trading days.
ARKW ETF sold 37,148 Roblox shares valued at $5.1 million. The fund also sold 36,697 Roku shares worth $3.7 million.
These sales reflect decreased exposure to gaming and streaming platforms. ARKQ ETF sold 25,536 Kratos Defense shares for $2.3 million.
ARKF ETF offloaded 18,440 Shopify shares valued at $2.7 million. Kratos Defense maintains a Strong Buy rating despite the sale.
The portfolio adjustments show Wood’s strategy of rotating between technology sectors. The trades demonstrate active management across ARK’s multiple ETF products.
Fund disclosures reveal the transactions through daily trading reports. Investors track ARK’s moves for insights into disruptive technology investments.
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