ARK Dumps Roblox for Amazon in Blockbuster Trades

Cathie Wood's ARK Investment Management has been making significant trades in its various ETFs, reflecting the fund's evolving investment strategies. On Monday, August 3rd, 2026, ARK sold 505,751 shares of Roblox Corp () across its and ETFs, totaling approximately $18,004,735.

This move follows a trend from previous days where ARK has been reducing its position in Roblox. In contrast, the fund invested heavily in Amazon.com Inc (), acquiring 73,835 shares through multiple ETFs, including ARKK, ARKW, and, amounting to a total of $20,052,109.

ARK's purchase of Amazon shares suggests a strong confidence in the company's future prospects. The fund also added to its holdings in CoreWeave Inc () with a purchase of 169,616 shares for $12,173,340, and Coinbase Global Inc (), buying 54,776 shares valued at $8,011,537.

ARK sold 251,094 shares of 10X Genomics Inc () for $11,869,213 and reduced its stake in Advanced Micro Devices Inc () by 30,727 shares, equating to $14,630,661. The sale of 10X Genomics stock aligns with previous transactions, highlighting ARK's strategy to decrease its exposure in this particular company.