Cathie Wood’s ARK Invest reduces its position in Roku by selling shares worth about $77 million and uses part of the proceeds to increase holdings in Tesla and Snowflake, according to reports. Seeking Alpha says ARK Invest exits the Roku stake and buys additional shares of TSLA and SNOW, framing the moves as part of the firm’s active portfolio management. Investing.com similarly reports that ARK Invest sells Roku stock while purchasing Tesla and Snowflake. The reports do not provide further details on the specific ARK fund(s) involved, the timing of the trades, or whether the activity reflects broader changes across ARK’s lineup versus a targeted adjustment. Overall, the sources agree on the direction of the transactions: a decrease in Roku exposure alongside increased exposure to Tesla and Snowflake. The reported amounts indicate the Roku sale is substantial, but the outlets differ in the amount of detail beyond the described trades.