TLDR
- ARK Invest offloaded 32,304 Roku shares valued at $3.17 million on March 6, extending its ongoing reduction of this streaming position
- The investment firm acquired 289,417 Joby Aviation shares for $2.78 million, expanding its electric aviation exposure following the company’s improved Q4 loss figures
- ARK purchased 19,206 Robinhood Markets shares worth $1.55 million, capitalizing on the stock’s 4% decline during trading
- The firm added JD Logistics shares totaling $1.48 million as the stock experienced approximately 22% gains on Friday
- ARK disposed of Iridium Communications shares valued at $2.08 million and reduced its 10x Genomics holdings by $1.62 million
Cathie Wood’s ARK Invest executed multiple portfolio adjustments on Friday, March 6, 2026, concluding a volatile market week. Escalating U.S.–Iran tensions combined with fresh employment data maintained investor wariness approaching the weekend.
ARK’s disclosed daily transactions revealed diverse activity spanning technology, fintech, and aviation sectors.
The firm’s largest transaction involved a divestment. ARK disposed of 32,304 Roku shares distributed across several funds, totaling approximately $3.17 million. This transaction extends earlier Roku reductions during the same week, indicating strategic position downsizing.
ARK additionally divested 86,890 Iridium Communications shares for approximately $2.08 million. The satellite communications provider had maintained presence in ARK’s portfolio, though Friday’s action signals position trimming.
The investment firm decreased its 10x Genomics stake through a sale of 75,007 shares valued near $1.62 million.
ARK Adds to Electric Aviation and Fintech
Regarding acquisitions, Joby Aviation dominated activity. ARK acquired 289,417 shares worth roughly $2.78 million via its ARKQ and ARKX funds. The electric air-taxi developer recently announced Q4 2025 financial results, revealing a $0.14 per share loss. This represented improvement from the prior year’s $0.23 loss.
Wood has consistently purchased Joby shares after those earnings revelations.
ARK expanded its Robinhood Markets holdings, acquiring 19,206 shares for roughly $1.55 million. This acquisition occurred during Robinhood’s approximate 4% Friday decline. These purchases distributed across ARK’s ARKK, ARKW, and ARKF funds.
Other Buys on March 6
JD Logistics represented another significant acquisition. ARK secured 1,129,547 shares for approximately $1.48 million via its ARKX fund. The logistics provider’s shares surged roughly 22% during the session.
ARK acquired 10,600 DraftKings shares for around $269,876.
Additional smaller acquisitions included Cerus Corp, Canton Strategic Holdings, and GeneDx Holdings.
ARK purchased 84,004 Cerus shares for $170,948, 42,500 Canton Strategic shares for $191,250, and 9,113 GeneDx shares for $747,266.
Standard BioTools experienced complete exit from ARK, with 397,382 shares sold for $405,329. ARK reduced Nextdoor Holdings exposure, divesting 23,100 shares for $38,577.
These transactions appeared in ARK’s routine daily disclosure filed March 6, 2026.
