Cathie Wood’s ARK sells Robinhood and Roku stock, buys Eli Lilly

INVESTING.COMJun 18, 12:07 AM UTC
Cathie Wood’s ARK sells Robinhood and Roku stock, buys Eli Lilly

Cathie Wood’s ARK ETF published their daily trades for Wednesday, June 17th, 2026, revealing significant moves in its portfolio. The most notable transaction was the sale of 275,572 shares of Robinhood Markets Inc (NASDAQ:HOOD) through its ARKK ETF, amounting to a total dollar value of $26,650,568. This sale continues a trend from last Thursday when ARK sold 167,741 shares of Robinhood, signaling a strategic reduction in their position.

In another substantial move, ARK sold 239,267 shares of Roku Inc (NASDAQ:ROKU) across its ARKK, ARKW, and ARKF ETFs, totaling $33,006,882. This follows a series of sales earlier in the week, including 665,136 shares sold on Monday and 98,835 shares on Friday, indicating a consistent divestment from Roku.

On the buying side, ARK made a significant acquisition of Eli Lilly and Co (NYSE:LLY), purchasing 41,138 shares through its ARKK and ARKG ETFs for a total of $46,177,405. This purchase reflects a strong interest in the pharmaceutical sector.

Additionally, ARK added to its position in Coinbase Global Inc (NASDAQ:COIN) by buying a total of 111,799 shares through its ARKK, ARKW, and ARKF ETFs, with a total investment of $18,924,216. This continues ARK’s ongoing accumulation of Coinbase shares.

Other notable transactions include the purchase of 236,759 shares of Block Inc (NYSE:XYZ) for $17,681,162 and smaller buys in Alamar Biosciences Inc (NASDAQ:ALMR) and Generate Biomedicines Inc (NASDAQ:GENB). On the selling side, ARK reduced its holdings in Strata Critical Medical Inc (NASDAQ:SRTA) by 403,376 shares, totaling $2,355,715, and sold 80,140 shares of Twist Bioscience Corp (NASDAQ:TWST) for $6,807,893.

These trades reflect ARK’s dynamic strategy in adjusting its portfolio across various sectors, focusing on high-conviction stocks while trimming positions in others. Investors will be keen to see how these moves align with broader market trends and ARK’s long-term investment thesis.

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