Cathie Wood's ARK Invest Doubles Down on Tech Stocks with $27.8 Million Bets on Roblox and CoreWeave

Cathie Wood's ARK Invest ETFs invested over $27.8 million in tech stocks, with a focus on gaming platform Roblox and AI-powered cloud computing company CoreWeave. The largest trade was the purchase of 125,799 Roblox shares worth $15.8 million, while 120,229 CoreWeave shares were added to the ARKW ETF for nearly $12 million. ARK also increased its stake in biotech names, including CRISPR Therapeutics and Intellia Therapeutics, while selling shares of Genius Sports.

Title: ARK Invest ETFs Pour Over $27.8 Million into Tech Stocks, Focusing on Roblox and CoreWeave

Cathie Wood’s ARK Invest ETFs made significant investments in tech stocks on Friday, August 15, 2025, with a focus on gaming platform Roblox and AI-powered cloud computing company CoreWeave. The largest trade of the day was the purchase of 125,799 Roblox shares, spread across three ARK funds, with a total dollar value of $15.8 million [1]. This substantial buy continues a trend of increasing ARK’s stake in Roblox over the past week.

Another notable trade was the acquisition of 120,229 shares of CoreWeave Inc, totaling nearly $12 million. CoreWeave has emerged as a rising name in cloud and high-performance computing, offering infrastructure critical to AI development. ARK’s growing position in CoreWeave signals strong confidence in the company’s potential to become a key player in the next phase of computing [2].

ARK also expanded its biotech bets, adding 165,024 shares of CRISPR Therapeutics AG valued at $9.7 million and 456,045 shares of Intellia Therapeutics Inc worth about $5 million. These investments highlight ARK’s focus on gene-editing and synthetic biology companies [1]. Additionally, 417,397 shares of Twist Bioscience Corp were added for $12 million, further underscoring ARK’s interest in this sector [1].

On the sell side, ARK’s ARKW ETF offloaded 190,396 shares of Genius Sports Ltd for about $2.5 million. This move might indicate a strategic shift or a reallocation of resources within the fund’s portfolio [1].

ARK’s consistent investment pattern in companies like Roblox, CRISPR Therapeutics, and CoreWeave suggests a bullish outlook on these stocks’ long-term growth potential. Investors and market watchers will likely keep a close eye on these trends as they develop further.

References
[1] https://www.investing.com/news/company-news/cathie-woods-ark-etf-focuses-on-roblox-and-coreweave-stock-buys-93CH-4196391
[2] https://www.tipranks.com/news/crwv-and-rblx-cathie-wood-invests-over-25-billion-in-tech-stocks