ARK Invest sold $40M in Roku (ROKU) shares while buying Amazon (AMZN), Roblox (RBLX), and Genius Sports on March 4, 2026. Complete trade analysis inside. The postARK Invest sold $40M in Roku (ROKU) shares while buying Amazon (AMZN), Roblox (RBLX), and Genius Sports on March 4, 2026. Complete trade analysis inside. The post

ARK Invest’s Latest Moves: Amazon (AMZN) In, Roku (ROKU) Out – March 2026 Trades

2026/03/05 18:14
3 min read
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Key Takeaways

  • ARK divested 412,711 Roku shares valued at approximately $40 million spread across three exchange-traded funds
  • The firm acquired 66,934 Amazon shares totaling ~$14.5 million following news of the company’s $21 billion Spanish expansion
  • ARK continued reducing its Taiwan Semiconductor position, selling shares worth ~$4.9 million
  • Purchases in Roblox and Genius Sports collectively reached approximately $15 million
  • The firm also initiated smaller positions in Joby Aviation and Archer Aviation

Cathie Wood’s investment management firm ARK Invest executed multiple significant portfolio adjustments on Wednesday, March 4, 2026, according to the company’s publicly disclosed trading activity.

The most notable transaction involved divesting Roku holdings. The firm liquidated 412,711 shares across its ARKK, ARKW, and ARKF exchange-traded funds, representing approximately $40 million in total value. Following a 3.7% increase in Roku’s share price the previous session, ARK capitalized on the momentum to trim its exposure.


ROKU Stock Card
Roku, Inc., ROKU

This divestment represents part of a broader strategy. ARK has been systematically reducing its Roku allocation over multiple trading sessions since the streaming platform released its fiscal fourth-quarter financial results on February 14.

Additionally, ARK decreased its exposure to Taiwan Semiconductor, offloading 13,663 shares valued at approximately $4.9 million. This transaction extended ARK’s recent pattern of scaling back its TSMC holdings.

The firm also liquidated 202,146 Iridium Communications shares for roughly $4.95 million, while disposing of more than 1.4 million Nextdoor Holdings shares as it continues withdrawing from that position.

Amazon Purchase Follows Major Spanish Investment Reveal

ARK’s most substantial acquisition involved Amazon. The firm accumulated 66,934 shares distributed across five ETFs — ARKK, ARKQ, ARKW, ARKF, and ARKX — representing approximately $14.5 million in capital deployment.

Amazon shares climbed 3.9% during the session after revealing plans for an additional $21 billion infrastructure investment in Spain. This positive development overshadowed concurrent reports of drone attacks targeting Amazon data facilities in Dubai amid regional geopolitical tensions.

ARK simultaneously acquired 176,884 Roblox shares valued at roughly $11.9 million. This purchase of the digital gaming platform aligns with ARK’s investment philosophy centered on disruptive technology enterprises.

Additional Investments Span Sports Technology and Aviation Sectors

Genius Sports represented another acquisition target, with ARK accumulating 542,828 shares for approximately $3.28 million. The sports data analytics provider experienced a 6.7% decline that session, presenting ARK with an opportunistic entry point.

The firm concluded its trading day with strategic aviation sector additions. ARK purchased 200,856 Joby Aviation shares for nearly $2 million and secured 419,919 Archer Aviation shares for about $2.84 million.

Wall Street analysts maintain a “Strong Buy” consensus rating on Amazon, Roku, TSMC, and Genius Sports. Among these holdings, Genius Sports shows the most substantial projected appreciation potential over the coming 12 months, despite currently operating at a loss.

Both Amazon and Roku carry analyst price targets suggesting potential upside exceeding 30% within the next year.

The post ARK Invest’s Latest Moves: Amazon (AMZN) In, Roku (ROKU) Out – March 2026 Trades appeared first on Blockonomi.

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