Ark Invest, under the leadership of Cathie Wood, has recently executed a series of noteworthy portfolio rebalances, demonstrating a proactive stance in navigating current market conditions. These strategic adjustments include a significant increase in its holdings of Robinhood Markets Inc., a new investment in Figma Inc., and a substantial reduction in its stake in Airbnb Inc. These actions come at a time when the crypto market faces headwinds and technology sectors show signs of shifting trends.
Detailed Report of Recent Portfolio Adjustments by Ark Invest
On Wednesday, February 11, 2026, Ark Invest, headed by Cathie Wood, made several pivotal changes to its investment portfolio. The firm notably amplified its ownership in Robinhood Markets Inc. (NASDAQ: HOOD) by purchasing over 433,000 shares across various exchange-traded funds (ETFs). This decision was made even as Robinhood experienced an 8% stock decline following a considerable 38% decrease in its cryptocurrency transaction revenue. This acquisition, valued at approximately $33.9 million based on Robinhood's closing price of $78.07, highlights Ark's conviction in the trading platform's long-term potential despite recent challenges in its crypto division.
In addition to strengthening its position in Robinhood, Ark Invest also ventured into new territory by acquiring shares of Figma Inc. (NYSE: FIG). This investment underscores Ark's belief in the collaborative design platform's growth trajectory, especially as it gains momentum in the tech landscape. The acquisition of 280,138 shares in Figma, valued at $6.3 million, aligns with broader market expectations of a software-sector rebound, fueled by advancements in AI-driven workflow solutions.
Conversely, Ark Invest opted to reduce its exposure to Airbnb Inc. (NASDAQ: ABNB) by divesting a net total of 186,754 shares across its ARKF, ARKK, and ARKW ETFs. This sale, estimated at $22.3 million, occurred just prior to Airbnb's scheduled earnings report. Analysts are closely monitoring Airbnb's performance, with expectations of $0.66 earnings per share, as investors keenly anticipate the company's financial disclosures and future outlook.
Beyond these major trades, Ark funds also diversified their activities by acquiring 75,559 shares of Circle Internet Group Inc. (CRCL), 364,134 shares of Bullish (BLSH), and 150,421 shares of Shopify Inc. (SHOP). Simultaneously, the firm offloaded 413,038 shares of Pinterest Inc. (PINS) and 486,741 shares of Unity Software Inc. (U), signaling a dynamic reallocation of capital across its varied investment strategies.
These strategic maneuvers by Cathie Wood and Ark Invest offer valuable insights into their investment philosophy, emphasizing a willingness to embrace emerging technologies and capitalize on perceived undervalued assets, even in the face of short-term market volatility. The confidence placed in Robinhood, despite its crypto revenue dip, suggests a long-term vision for its role in the evolving financial landscape. Furthermore, the investment in Figma reflects an appreciation for innovative software solutions driving productivity. On the other hand, reducing exposure to Airbnb before its earnings release indicates a cautious approach, possibly hedging against potential market reactions. These moves collectively demonstrate a thoughtful, albeit aggressive, strategy aimed at positioning Ark's portfolios for future growth in an ever-changing economic environment.