GeneralNeutralBlockonomi · 4h ago5/10
📰
ARK Invest Unloads Roku Stake While Increasing Tesla (TSLA) and SpaceX Holdings
ARK Invest has executed a significant portfolio rebalancing, selling $99M of Roku stock while simultaneously increasing positions in Tesla ($21.9M in new purchases) and SpaceX. This shift reflects the investment firm's changing conviction on streaming platforms versus growth-oriented tech and space exploration companies.