TLDR
- ARK ETFs purchased 433,806 Robinhood shares worth $37.1 million after the stock dropped 8.8% on missed Q4 revenue estimates
- ARK bought 150,421 Shopify shares valued at $19.1 million following a 6.5% decline despite strong Q4 earnings and $2 billion buyback announcement
- ARK sold 186,754 Airbnb shares totaling $22.5 million, marking a strategic reduction in the vacation rental company
- ARK increased crypto holdings with purchases of Bullish (364,134 shares for $11.7 million) and Circle Internet (75,559 shares for $4.5 million)
- ARK also sold stakes in Teradyne ($18 million), Unity Software ($14.1 million), and Pinterest ($8.4 million)
Cathie Wood’s ARK ETFs executed major portfolio changes on Wednesday, February 11, 2026. The transactions showed a clear strategy of buying stocks after post-earnings declines.
ARK purchased 433,806 shares of Robinhood Markets across its ARKK, ARKW, and ARKF funds. The total investment reached $37.1 million. Robinhood stock fell 8.8% on February 11 after the company missed Q4 revenue estimates.
The decline came despite Robinhood posting earnings of $0.66 per share, which beat analyst expectations. ARK used the price drop as a buying opportunity.
ARK also bought 150,421 Shopify shares worth $19.1 million. Shopify stock dropped 6.5% even though the company beat both sales and earnings forecasts for Q4. The e-commerce platform also announced a $2 billion share buyback program.
Major Sale of Airbnb Stock
While buying Robinhood and Shopify, ARK sold 186,754 Airbnb shares. The sale totaled $22.5 million across multiple ETFs. This move represents a reduction in ARK’s exposure to the vacation rental company.
ARK continued building positions in cryptocurrency-related companies. The fund bought 364,134 shares of Bullish for $11.7 million. This marks the continuation of a week-long buying trend in Bullish.
ARK also purchased 75,559 Circle Internet shares for $4.5 million. The stablecoin company’s stock had declined 3.2% at the time of purchase. These buys came during an ongoing slump in cryptocurrency markets.
The fund made other purchases including 280,138 Figma shares valued at $6.8 million. Figma stock had fallen 6.4% when ARK made the purchase. This represents a new or growing interest in the design software company.
Portfolio Reductions in Tech Companies
ARK reduced its stake in Teradyne by 59,101 shares worth $18 million. The fund also sold 486,741 Unity Software shares valued at $14.1 million. These sales show a reallocation away from these technology companies.
ARK sold 413,038 Pinterest shares totaling $8.4 million. This continues a trend of reducing exposure to the social media platform. The fund also sold 185,951 Twist Bioscience shares for $9.1 million.
The total amount deployed in purchases on February 11 reached approximately $74 million. Most transactions occurred across ARK’s three main ETFs: ARKK, ARKW, and ARKF.
Analysts currently give Robinhood a “Strong Buy” consensus rating. The average price target suggests a 74% upside potential over the next twelve months. The other stocks in ARK’s recent purchases have mixed analyst ratings.
ARK’s trading activity reflects Wood’s strategy of buying stocks during temporary price drops. The purchases focused on technology companies and cryptocurrency-related firms. The fund made these moves while cryptocurrency markets face ongoing challenges from 2025’s regulatory issues.
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