Cathie Wood's ARK Invest ETFs Buy TTD and PINS Stocks, Sell Block and DraftKings Stakes

Wednesday, Aug 13, 2025 10:49 pm ET1min read

Cathie Wood's ARK Invest ETFs bought 738,367 shares of The Trade Desk (TTD) for $39.27 million, while selling stakes in Block and DraftKings. The firm also purchased Pinterest (PINS) and CRISPR Therapeutics (CRSP) shares, and trimmed positions in Robinhood Markets, Palantir Technologies, Roblox, and Shopify. The Trade Desk stock has a Moderate Buy consensus rating with an average price target of $76.88, indicating 44.58% upside potential.

ARK Invest, founded by Cathie Wood, has made significant changes to its 13F portfolio in the second quarter of 2025. The firm's assets under management (AUM) have decreased from over $50 billion to approximately $15 billion, with the 13F portfolio value increasing from ~$10 billion to ~$13.64 billion [1].

Among the notable moves, ARK Invest purchased 738,367 shares of The Trade Desk (TTD) for $39.27 million, while selling stakes in Block and DraftKings. The firm also bought shares in Pinterest (PINS) and CRISPR Therapeutics (CRSP), and trimmed positions in Robinhood Markets, Palantir Technologies, Roblox, and Shopify [1].

The Trade Desk stock has a Moderate Buy consensus rating with an average price target of $76.88, indicating 44.58% upside potential. ARK Invest's purchase of TTD shares aligns with the firm's focus on disruptive innovation and growth opportunities [1].

ARK Invest's open-source investment research model, which includes public valuation models and daily trade data, continues to attract both praise and criticism. The firm's approach has been the subject of regulatory scrutiny, with RIA lawyers urging SEC enforcement action in April 2022 [1].

The 13F data on which this article is based is as of June 30, 2025. Updated daily holdings data for each of their ETFs are publicly available. ARK Invest's 13F portfolio includes a mix of actively managed and index ETFs, with a focus on innovative sectors such as autonomous technology, genomics, and space exploration [1].

ARK Invest's strategic changes in Q2 2025 reflect a continued commitment to identifying and investing in disruptive technologies and growth opportunities. The firm's portfolio adjustments, including the purchase of TTD shares and the sale of Block and DraftKings stakes, demonstrate a proactive approach to capitalizing on market trends and potential growth areas.

References:
[1] https://seekingalpha.com/article/4810688-tracking-cathie-woods-ark-invest-13f-portfolio-q2-2025-update

Cathie Wood's ARK Invest ETFs Buy TTD and PINS Stocks, Sell Block and DraftKings Stakes

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