- Ark Invest sold $13.6 million worth of Robinhood (HOOD) shares on Friday, profit-taking as the stock surged 11.15% to close at $94.30.
- The firm simultaneously bolstered its position in Kratos Defense & Security Solutions (KTOS) while trimming stakes in Teradyne (TER) and Intercontinental Exchange (ICE).
- Despite recent sales, ARK’s remaining HOOD stake of 5.48 million shares is worth roughly $465 million and sits on large unrealized gains.
On Friday, ARK Invest executed a notable profit-taking move, selling 144,218 shares of Robinhood Markets (HOOD) from its flagship ARK Innovation ETF (ARKK) as the stock closed up 11.15% at $94.30. The sale, representing about 0.19% of the fund, indicates the firm capitalized on the day’s sharp rally rather than adding to its position. Consequently, ARK still holds approximately 5.48 million HOOD shares valued at about $465 million across three of its funds, according to its holdings files.
Meanwhile, the firm made Kratos Defense & Security Solutions (KTOS) its most consistent buy of the session, adding shares across the ARKK, ARK Autonomous Technology & Robotics ETF (ARKQ), and ARK Space Exploration & Innovation ETF (ARKX). This shift in sector focus coincided with selling Teradyne (TER) from ARKQ and ARKX and a small Intercontinental Exchange (ICE) stake from the ARK Fintech Innovation ETF (ARKF).
ARK has been a net seller of Robinhood for much of the stock’s multi-year run, reducing its total position by 63% from nearly 13 million shares at the end of 2024 to about 4.8 million by the end of 2025, per SEC filings. However, the firm reversed course in Q1 2026, increasing its stake by 24.9% to 6 million shares, as detailed in its 13F-HR filed May 12.
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