Ark Invest Increases Netflix Position Despite Mixed Earnings Outlook
On January 21, 2026, Cathie Wood's Ark Invest acquired $7.11 million in Netflix shares while simultaneously divesting from Pinterest, reflecting strategic portfolio adjustments.
Ark Invest's Next Generation Internet ETF purchased 83,368 Netflix shares valued at $7.11 million, demonstrating confidence despite Netflix's disappointing first-quarter guidance, though the company had exceeded earnings expectations. Simultaneously, Ark's Genomic Revolution and Innovation ETFs acquired 89,501 Tempus AI shares worth $5.85 million, capitalizing on the company's exceptional fourth-quarter diagnostics revenue growth of 111% year-over-year.
Conversely, Ark's ARKW fund sold 118,823 Pinterest shares valued at $2.97 million following the company's below-estimate revenue projections. These transactions exemplify Ark's active management strategy, adjusting positions based on company fundamentals and growth potential across technology and healthcare sectors.
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