Cathie Wood’s ARK Increases Cloudflare Stake, Trims Shopify Holdings

Cathie Wood’s ARK Investment Management has adjusted its equity holdings, increasing its stake in cloud infrastructure provider Cloudflare Inc. while simultaneously trimming its position in e-commerce platform Shopify Inc.

The transactions reflect ongoing portfolio rebalancing by the asset management firm, which is known for its focus on disruptive innovation and technology equities. Specific financial terms, share volumes, and transaction values for the trades were not disclosed.

Cloudflare provides web infrastructure and website security services, while Shopify offers a cloud-based multi-channel commerce platform for small and medium-sized businesses. Both companies remain key holdings within the technology and growth sectors targeted by ARK's exchange-traded funds.