Overview
- On Oct. 22, ARKK bought 131,049 Robinhood shares and ARKW added 36,440, totaling 167,489 shares valued at about $21.3 million.
- The trades raised Robinhood to roughly 19% of the holdings in both ARKK and ARKW, concentrating exposure to the broker’s crypto strategy.
- ARKW also purchased 15,756 Netflix shares for about $19.6 million after the stock slid on its quarterly results and Brazil tax settlement.
- Sales that day included 44,909 AMD shares (about $10.7 million) and 23,768 Palantir shares (about $4.3 million), plus reductions in Roblox, Roku, and Shopify.
- Robinhood spiked nearly 6% intraday following the allocations but later finished down 3.5% at $127.22.