TLDR
- Cathie Wood’s ARK Invest dumped 32,304 Roku (ROKU) shares valued at $3.17 million on March 6, extending a pattern of position reduction
- The investment firm acquired 289,417 Joby Aviation (JOBY) shares for $2.78 million, expanding electric aviation exposure following improved Q4 earnings
- ARK accumulated 19,206 Robinhood Markets (HOOD) shares worth $1.55 million, capitalizing on a 4% daily decline
- JD Logistics received $1.48 million in new investment from ARK as shares skyrocketed approximately 22% during Friday’s session
- Portfolio reductions included $2.08 million in Iridium Communications sales and a $1.62 million trim of 10x Genomics holdings
Cathie Wood’s investment management firm, ARK Invest, executed multiple portfolio adjustments on Friday, March 6, 2026, as trading concluded for a volatile week. Escalating tensions between the United States and Iran, combined with fresh employment data, contributed to market uncertainty approaching the weekend.
The firm’s publicly disclosed daily transactions revealed strategic positioning across fintech, technology, and aerospace sectors.
ARK’s most significant transaction involved divesting its Roku (ROKU) holdings. The firm offloaded 32,304 shares distributed among several funds, generating approximately $3.17 million in proceeds. This divestment continues a pattern observed throughout the week, indicating strategic portfolio rebalancing away from the streaming platform provider.
The investment firm simultaneously exited 86,890 Iridium Communications shares, liquidating roughly $2.08 million worth of the satellite communications provider. Despite being a longstanding portfolio component, Friday’s transaction signals Wood’s shifting conviction in the position.
Additionally, ARK decreased exposure to 10x Genomics by disposing of 75,007 shares, representing approximately $1.62 million in value.
ARK Invest Bolsters Aviation and Financial Technology Holdings
Among acquisitions, Joby Aviation emerged as the dominant purchase. ARK accumulated 289,417 shares worth roughly $2.78 million distributed between ARKQ and ARKX funds. The electric vertical takeoff and landing (eVTOL) manufacturer recently unveiled fourth-quarter 2025 financial results, reporting a per-share loss of $0.14. This represented meaningful improvement compared to the $0.23 per-share loss from the prior-year period.
Wood has demonstrated consistent buying interest in Joby following the earnings announcement.
The firm also expanded its Robinhood Markets allocation, purchasing 19,206 shares valued at approximately $1.55 million. This acquisition occurred as Robinhood experienced a roughly 4% stock price decline on Friday. The purchases were distributed across ARKK, ARKW, and ARKF exchange-traded funds.
Additional March 6 Acquisitions
JD Logistics represented another notable purchase. ARK secured 1,129,547 shares for approximately $1.48 million via the ARKX fund. The Chinese logistics operator experienced a substantial rally, with shares surging roughly 22% during the session.
ARK further added 10,600 DraftKings shares to its portfolio for around $269,876.
Supplementary acquisitions included positions in Cerus Corp, Canton Strategic Holdings, and GeneDx Holdings.
The firm purchased 84,004 Cerus shares costing $170,948, acquired 42,500 Canton Strategic shares for $191,250, and bought 9,113 GeneDx shares valued at $747,266.
Standard BioTools experienced complete liquidation from ARK portfolios, with 397,382 shares sold for $405,329. The firm also reduced its Nextdoor Holdings position by offloading 23,100 shares, generating $38,577 in proceeds.
These transactions were publicly reported through ARK Invest’s routine daily disclosure filing dated March 6, 2026.
