Cathie Wood's ARK Invest has been steadily accumulating shares of Roblox (RBLX), adding to positions across multiple funds, including ARKF (ARKF), ARKK (ARKK), and ARKW (ARKW), as part of a broader portfolio shift toward long-term innovation themes.
The buying activity comes as Wood reduces exposure to mature tech names such as Meta Platforms (META), Palantir Technologies (PLTR), and Roku (ROKU), indicating a shift in its investment approach.
