Cathie Wood's ARKK Adds GitLab Shares, Trims Roblox, Palantir, CoreWeave

Cathie Wood, the founder, CEO, and CIO of ARK Investment Management LLC, has been making strategic adjustments to her ARK Innovation ETF (ARKK) portfolio. On June 12, 2025, ARK ETFs added shares of GitLab (GTLB) while trimming positions in Roblox (RBLX), Palantir Technologies (PLTR), and CoreWeave. This move reflects Wood's ongoing commitment to disruptive innovation and her willingness to adapt to changing market conditions.

The ARK Innovation ETF (ARKK) is designed to capture the growth of companies pioneering transformative technologies. As of the latest data, the top 10 holdings of ARKK account for 65.44% of the total assets. These include Tesla (TSLA) at 13.23%, Coinbase (COIN) at 8.84%, Roblox (RBLX) at 7.96%, Roku (ROKU) at 7.86%, and Palantir Technologies (PLTR) at 5.15%. These holdings highlight ARK's strategy of investing in companies with the potential for exponential growth driven by innovation.

Cathie Wood's investment approach is unique and grounded in a deep understanding of technological trends and a long-term outlook. ARK Invest operates with a five-year investment horizon, allowing them to look past short-term market volatility and focus on a company's long-term potential. The firm's thematic and cross-sector investing strategy enables it to invest in companies from any industry that are driving innovation trends forward. This disciplined, research-intensive process has enabled Wood to build a reputation as a forward-thinking and influential investor.

ARKK ETF focuses on disruptive innovation with high risk and volatility. Given macro headwinds, ARKK is a hold or minor accumulation for diversification. This strategy aligns with Wood's philosophy of identifying and investing in technologies set to revolutionize industries, such as artificial intelligence (AI), DNA sequencing, robotics, energy storage, and blockchain technology.

In 2020, ARKK saw a 153% increase, driven by companies like Teladoc Health (TDOC), Tesla (TSLA), Roku (ROKU), Block (SQ), and Shopify (SHOP). These companies showcased Wood’s sharp instinct for identifying firms redefining their industries, making ARKK a favorite among growth-focused investors.

Looking ahead to 2025, ARKK is exploring emerging trends such as AI, crypto, and the metaverse. While Tesla continues to lead, Wood has broadened her attention to GitLab (GTLB) for AI and data analysis, Roblox (RBLX) for the metaverse, and Coinbase Global (COIN) for cryptocurrency investment. This shift supports Wood’s ultimate purpose of rapid expansion and emphasizes her beliefs regarding blockchain, virtual realities, and AI as the upcoming major developments.

ARKK’s performance has been uneven. Following its peak in 2020, it fell 67% in 2022 due to increasing rates, with assets dropping from $59 billion in 2021 to $11.1 billion by mid-2024. A recovery in 2023 resulted in an 82% increase, surpassing the S&P 500’s 53%. As of May 2025, ARKK has risen only 1% year-to-date, underperforming the market but picking up momentum since April, assisted by stocks such as Palantir.

Critics, including Morningstar, point to ARKK’s $14.3 billion loss in investor wealth over the past decade, citing its volatility. Still, Wood’s early wins, like Tesla and Bitcoin, highlight her long-term vision. ARKK remains a high-risk, high-reward play on the future of innovation.

In addition to ARKK, Cathie Wood's ARK Fintech Innovation (ARKF) ETF added 49,922 shares of ETOR on Tuesday for an estimated $3.34 million, according to daily trade disclosures. This move further underscores Wood's confidence in the growth potential of emerging high-tech companies. The investment firm's daily trade activity reflects its dynamic approach to portfolio management, continually adjusting positions to capitalize on new opportunities and mitigate risks.

Cathie Wood's investment strategy is straightforward: Her Ark ETFs typically buy shares in emerging high-tech companies. This approach has enabled her to build a reputation as a forward-thinking and influential investor, known for her focus on high-growth technology stocks and her thematic investment approach. Wood's net worth is closely tied to the performance of ARK Invest's assets and has seen fluctuations with market cycles. Estimates of her net worth are not publicly available as of 2025. However, Forbes estimated Cathie Wood's net worth to be around $400 million back in 2021 after a period of exceptional performance by her firm's funds.