Cathie Wood Makes Bold Portfolio Reshuffle: Betting Big on Gaming While Cutting Social Media

On January 6, 2026, Cathie Wood’s ARK Invest signaled a decisive shift in investment strategy through a series of significant portfolio moves. The fund manager dumped nearly $13 million worth of Meta Platforms shares while simultaneously pouring $13.7 million into Roblox—a telling sign of where Wood sees growth opportunities in 2026. These trades reveal far more than routine rebalancing; they reflect Wood’s conviction that gaming and autonomous technology represent the future, while traditional social media faces headwinds.

Cathie Wood’s Gaming Push Outpaces Social Media Exit

The most striking move was ARK’s acquisition of 169,130 Roblox shares across three ETFs: the ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF. At $13.7 million invested, this represents Wood’s continued confidence in the online gaming platform’s potential. Roblox has been on ARK’s radar for months, and this latest purchase demonstrates sustained interest in the metaverse and user-generated content space.

On the flip side, ARK liquidated 19,316 Meta Platforms shares valued at $12.7 million from the same three ETFs. This isn’t the first time Cathie Wood has trimmed Meta lately—the pattern of reductions across multiple trading sessions suggests Wood may be reassessing her outlook on the social media giant. While Meta remains in the portfolio, the direction is clear: reduced exposure.

The contrast is striking. Roblox building, Meta trimming. Gaming up, social media down. This pivot reflects broader market sentiment about where digital engagement and monetization are heading in the coming years.

AI and Robotics Acceleration Continues ARK’s Tech Focus

Beyond gaming, Cathie Wood doubled down on autonomous technology investments. ARK purchased 39,296 shares of Kodiak AI through its ARK Autonomous Technology & Robotics ETF for approximately $409,000. While smaller in dollar value than the Roblox trade, the Kodiak purchase is part of a larger accumulation strategy over recent days, signaling Wood’s bullish stance on autonomous driving technology.

These moves align perfectly with Wood’s long-term thesis: AI and robotics aren’t just passing trends—they’re structural shifts in how industries will operate. Every uptick in autonomous tech investment reinforces ARK’s commitment to the robotics revolution.

Biotech Pullback Signals Strategic Reorientation

Meanwhile, ARK scaled back its healthcare positions. The firm sold 17,613 shares of Guardant Health (worth $1.8 million) and 7,228 shares of Ionis Pharmaceuticals ($568,000), both through the ARK Genomic Revolution ETF. These reductions aren’t massive, but they’re significant enough to suggest Cathie Wood is rotating capital away from biotech toward more dynamic sectors.

The biotech pullback makes sense contextually. While Guardant Health and Ionis both carry Strong Buy ratings from Wall Street analysts, their upside potential pales compared to the technology and AI names that ARK is accumulating. Wood appears to be chasing momentum where it’s hottest: autonomous technology and gaming platforms.

What This Means for Investors Watching Wood’s Moves

Cathie Wood’s January 6th trading activity reads like a masterclass in sector rotation. She’s selling yesterday’s favorites (Meta) to fund today’s growth stories (Roblox). She’s maintaining her robotics and AI bets while pruning lower-conviction biotech holdings. It’s a portfolio that reflects 2026’s investment zeitgeist: gaming infrastructure, autonomous technology, and digital innovation over traditional social media and healthcare.

For those tracking ARK’s next moves, watch whether these trends continue or reverse. If Cathie Wood keeps accumulating gaming and AI while dumping Meta, that’s a powerful signal about which sectors she believes will drive returns in the years ahead.