ARK Invest Acquires Palantir (PLTR), Amazon (AMZN), and Top Tech Leaders

Last updated on June 25, 2026June 25, 2026 by Souvik Banerjee on Categories Technology

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Key Highlights

ARK offloaded 327,053 Roku shares, netting $44.2 million on Tuesday.

The firm acquired 81,254 shares of Palantir, worth $9.5 million, allocated across three ETFs.

Investments were also made in Amazon, Alphabet, Tesla, and CoreWeave.

Prior to Cerebras Systems’ Q1 financial results announcement, shares were purchased.

Total investment for the session approximated $49.3 million.

On June 23, Cathie Wood’s ARK Invest made a series of calculated trades, emphasizing technological powerhouses while simultaneously decreasing its stake in Roku.

The firm divested 327,053 shares of Roku through the ARKK, ARKW, and ARKF ETFs, thereby generating an impressive $44.2 million. This move continues the trend of reducing Roku holdings from the preceding week.

Simultaneously, ARK allocated nearly $49.3 million toward fresh acquisitions across a diverse range of assets.

Significant Palantir and Amazon Acquisitions

ARK successfully acquired 81,254 shares of Palantir, valued at approximately $9.48 million, distributed across the ARKK, ARKW, and ARKF portfolios. This strategic purchase reverses previous divestitures in the data analytics sector. Palantir now ranks as the 16th-largest holding in the ARK Innovation ETF, constituting 2.58% of total assets.

Additionally, the firm procured 41,141 shares of Amazon for $9.63 million, evenly distributed across the same ETFs. Amazon holds the 18th position in the ARKK ETF, comprising 2.36% of total assets.

ARK further augmented its Tesla holdings with an additional 21,226 shares valued at $8.1 million, making Tesla the dominant position in the ARKF ETF at 9.73%.

Moreover, 23,603 shares of Alphabet were acquired for $8.17 million, representing 1.92% of the ARK Innovation ETF’s portfolio.

Expanding AI Infrastructure Holdings

As part of its expansion of AI infrastructure investments, ARK purchased 76,195 shares of CoreWeave for $8.06 million. CoreWeave is the 17th-largest holding in the ARKK fund, accounting for 2.57% of total assets.

The firm also made a significant purchase of 25,795 shares in Cerebras Systems, totaling $5.85 million. This semiconductor manufacturer recently went public, and this investment came just ahead of Cerebras’ announcement of better-than-anticipated Q1 revenue figures.

Cerebras currently accounts for just 1.22% of the ARK Innovation ETF, suggesting a gradual accumulation strategy by ARK.

Just a day prior, ARK acquired $32.4 million in SpaceX shares across multiple ETFs, capitalizing on a 16% decline in stock price. The firm had already procured 3.3 million SpaceX shares during its initial public offering.

In the weeks leading up to SpaceX’s IPO, ARK liquidated substantial positions to fund this investment, highlighting a shift in focus from Roku towards enterprises in artificial intelligence and the so-called Magnificent Seven tech stocks.

Source link: Blockonomi.com.

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Souvik Banerjee

I’m Souvik Banerjee from Kolkata, India. As a Marketing Manager at RS Web Solutions (RSWEBSOLS), I specialize in digital marketing, SEO, programming, web development, and eCommerce strategies. I also write tutorials and tech articles that help professionals better understand web technologies.