ARK Invest, led by Cathie Wood, made contrasting moves on Monday, September 21, 2026, purchasing a large stake in Meta Platforms while trimming positions in CrowdStrike and even its own Bitcoin ETF.
ARK bought 51,477 Meta shares across its ARKK, ARKW, and ARKF exchange-traded funds, worth about $38 million. Meta stock surged roughly 11.5% on Monday, helped by strong early traction for Muse, its recently launched personal AI agent. The app topped Apple's U.S. free-app chart and can send emails, book travel, fill out forms, and make purchases for users.
Meta Connect is scheduled for September 23 and 24, where CEO Mark Zuckerberg is expected to discuss new AI products and wearables. Wall Street remains broadly positive, with a Strong Buy consensus from 44 analysts and an average price target of $763.67.
ARK also sold 28,403 shares of CrowdStrike, valued at about $7 million, even though the cybersecurity stock rose nearly 5%. CrowdStrike recently introduced new tools for the AI agent era at its Fal.Con conference. The company's annual recurring revenue rose 25% to $5.84 billion, while net new ARR jumped 51% to a record $333 million.
Additionally, ARK added shares in Beam Therapeutics, Ionis Pharmaceuticals, Veracyte, Airbnb, and Scribe Therapeutics. It sold small positions in Everpure, 10x Genomics, and a small number of shares in the ARK 21Shares Bitcoin ETF. The Roundhill Magnificent Seven ETF also hit a record high of $73.47, with Meta trading near $756 and Apple hovering near an all-time high of $345.
