ARK Invest Snaps Up $7.9M in Roblox While Dumping Pinterest - Here’s Why It Matters
Cathie Wood's investment firm makes another bold move in the tech space, doubling down on the metaverse while cutting exposure to social media.
The Big Bet on Virtual Worlds
ARK Invest just deployed $7.9 million into Roblox stock, signaling continued confidence in the metaverse play despite recent market volatility. Meanwhile, the firm trimmed its Pinterest position - because apparently digital pinboards aren't as exciting as building virtual economies.
Strategic Shifts in Tech Portfolio
This isn't just random portfolio rebalancing. Wood's team consistently targets disruptive technologies, and this move suggests they see more upside in user-generated gaming platforms than in social media curation. The timing raises eyebrows though - buying during market uncertainty takes either genius-level foresight or that special blend of optimism that only comes from managing other people's money.
When institutional investors make moves this specific, retail traders should pay attention - or at least pretend to understand the deeper strategy while following the momentum.
TLDR
- ARK Invest purchased 78,096 Roblox shares worth $7.9 million on November 18, 2025, marking the largest buy of the day
- The fund sold 203,244 Pinterest shares valued at $5.19 million, continuing a multi-day reduction in the social media platform
- ARK added $3.25 million in Klarna shares and $3.07 million in Circle Internet Group to increase fintech exposure
- Biotech investments included $2.09 million in Recursion Pharmaceuticals and $2.64 million in CRISPR Therapeutics
- ARK reduced its Teradyne position by selling 43,008 shares worth $7.2 million
Cathie Wood’s ARK Invest made several portfolio changes on November 18, 2025, with gaming platform Roblox receiving the largest investment of the day. The fund purchased 78,096 shares worth approximately $7.9 million across its ARK Innovation ETF and ARK Fintech Innovation ETF.
Roblox Corporation, RBLX
The Roblox purchase represents ARK’s continued confidence in the gaming and digital platform company. This marks another increase in the fund’s stake following previous buying activity.
On the selling side, ARK offloaded 203,244 Pinterest shares valued at about $5.19 million. This sale continues a pattern of reductions in the social media stock that began in recent days.
On November 17, ARK had sold 16,540 Reddit shares worth around $3.1 million and trimmed Pinterest by 24,220 shares valued at $618,000. The trend shows a steady MOVE away from social media investments.
Fintech and E-Commerce Additions
ARK increased its fintech exposure with a $3.25 million purchase of 93,218 Klarna shares. The fund also bought 40,071 shares of Circle Internet Group worth $3.07 million.
In e-commerce, ARK purchased 33,992 Shopify shares valued at approximately $4.76 million. The fund made a smaller purchase of 11,620 Coinbase shares, maintaining interest in cryptocurrency-related companies.
Biotech Sector Investments
The fund continued building biotech holdings with multiple purchases. ARK Invest bought 50,728 shares of Recursion Pharmaceuticals for $2.09 million.
The fund also acquired 47,751 shares of CRISPR Therapeutics valued at $2.64 million. These purchases show ARK’s ongoing focus on gene-editing and pharmaceutical technology companies.
Tech Hardware Reduction
ARK reduced its position in Teradyne, a chip-testing equipment company. The fund sold 43,008 shares worth about $7.2 million.
ARK also sold 11,447 Reddit shares valued at roughly $2.15 million through its ARK Fintech Innovation ETF. The Reddit reduction follows the previous day’s selling activity in the social media platform.
The trades across Tuesday reflect shifts in ARK’s portfolio allocation. The fund moved capital from social media and chip-testing equipment into gaming, fintech, e-commerce, and biotech sectors.
ARK’s daily trading activity provides insight into Wood’s current investment strategy. The fund disclosed all trades through its standard daily reporting on November 18, 2025.
