TLDR
- On March 6, ARK Invest divested 32,304 Roku shares valued at $3.17 million, maintaining its pattern of reducing exposure to the streaming platform
- The investment firm accumulated 289,417 Joby Aviation shares for $2.78 million, expanding its electric vertical takeoff and landing (eVTOL) exposure following improved quarterly results
- ARK acquired 19,206 Robinhood Markets shares totaling $1.55 million, capitalizing on a 4% decline in the fintech platform’s stock price
- JD Logistics received $1.48 million in new ARK investment as shares rallied approximately 22% during Friday’s session
- Exits included Iridium Communications shares valued at $2.08 million and a $1.62 million reduction in 10x Genomics holdings
Cathie Wood’s investment firm, ARK Invest, executed multiple portfolio adjustments on Friday, March 6, 2026, wrapping up a volatile trading week marked by geopolitical concerns and employment data releases.
Escalating tensions between the United States and Iran, combined with fresh labor market figures, contributed to investor hesitation as the weekend approached.
ARK’s transparency reports revealed strategic positioning across technology, financial technology, and aerospace sectors.
The most substantial transaction involved divesting a streaming technology position. The firm liquidated 32,304 Roku shares across various ARK funds, generating approximately $3.17 million in proceeds. This divestment extends a pattern established earlier in the week, indicating systematic position reduction.
Additionally, ARK exited 86,890 Iridium Communications shares, valued at roughly $2.08 million. Despite the satellite communications provider’s longtime presence in ARK portfolios, Friday’s transaction signals strategic reallocation.
The genomics sector also saw reduced exposure, with ARK disposing of 75,007 10x Genomics shares worth approximately $1.62 million.
ARK Expands eVTOL and Digital Brokerage Exposure
Among acquisitions, Joby Aviation represented the most significant investment. ARK accumulated 289,417 shares valued at approximately $2.78 million via its ARKQ and ARKX exchange-traded funds. The air taxi developer recently disclosed fourth-quarter 2025 financials, reporting a per-share loss of $0.14, demonstrating improvement from the prior year’s $0.23 deficit.
Wood has systematically accumulated Joby shares following the company’s earnings announcement.
ARK simultaneously expanded its Robinhood Markets holdings, acquiring 19,206 shares totaling approximately $1.55 million. This purchase coincided with a roughly 4% decline in Robinhood’s share price Friday. The transactions were distributed among ARK’s ARKK, ARKW, and ARKF investment vehicles.
Additional March 6 Acquisitions
JD Logistics represented another notable purchase. ARK secured 1,129,547 shares for approximately $1.48 million through its ARKX fund. The supply chain operator’s equity surged roughly 22% during the trading session.
ARK also established a 10,600-share DraftKings position valued at around $269,876.
Minor acquisitions encompassed Cerus Corp, Canton Strategic Holdings, and GeneDx Holdings.
The firm 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 received exit treatment, with ARK disposing of 397,382 shares generating $405,329. The firm also reduced Nextdoor Holdings exposure, selling 23,100 shares for $38,577.
These portfolio adjustments were documented through ARK’s routine daily disclosure filing on March 6, 2026.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
