ARK Innovation ETF (ARKK) Top 25 Holdings

The ARK Innovation ETF (ARKK) is Cathie Wood’s flagship fund and one of the most talked-about ETFs on Wall Street. It was designed to capture “disruptive innovation,” referring to companies that develop technologies and business models capable of reshaping entire industries. That means investors aren’t buying steady dividend payers here; they’re betting on moonshots that could define the next decade.

Unlock our Free Report: 5 AI compounders that analysts believe are undervalued and could deliver years of outperformance with accelerating AI adoption (Sign up for TIKR, it’s free) >>>

What makes ARKK unique is its concentrated portfolio. Instead of holding hundreds of names like VOO or SPY, ARKK focuses on a much narrower set of stocks, with just 25 top positions making up nearly all of the fund. Tesla alone accounts for more than 12% of assets, while names such as Coinbase, Roku, and CRISPR Therapeutics each account for around 5%.

As a result, performance swings can be dramatic. ARKK has soared in periods when innovation themes catch fire, such as AI, crypto, and genomics, but it has also experienced steep drawdowns when markets rotate back to safer ground. To understand ARKK, it is essential to examine the companies within, particularly its top three: Tesla, Coinbase, and Roku.

1. Tesla (TSLA)

Tesla is ARKK’s anchor, representing nearly 13% of the portfolio. While many still think of it as just an EV maker, Cathie Wood’s bet has always been that Tesla is a technology platform, encompassing software, robotics, and energy. The company’s progress in full self-driving (FSD), AI-driven robotics, and energy storage keeps it central to ARKK’s thesis on disruptive innovation.

Financially, Tesla remains one of the only profitable pure EV players, generating billions in free cash flow even as it invests heavily in new factories and technology. The volatility in deliveries and margins hasn’t scared off ARKK, it sees Tesla as having a lead that others can’t easily replicate.

For investors in ARKK, Tesla is the make-or-break stock. If Elon Musk delivers on autonomy and next-gen battery technology, the payoff could be massive. If not, Tesla’s heavy weighting means it can drag down performance in a big way.

2. Coinbase (COIN)

Coinbase is the gateway to the crypto economy and ARKK’s second-largest holding at almost 6%. Its role as the primary U.S. exchange and custodian gives it scale and credibility in an industry often lacking both. That positioning has helped Coinbase survive volatility that crushed smaller crypto firms.

The long-term bet is that crypto adoption expands beyond speculative trading into payments, decentralized finance, and tokenized assets. Coinbase is positioning itself to be the backbone for those transitions, from custody services to infrastructure.

ARKK’s conviction here is clear. Wood has consistently bought Coinbase on dips, seeing it as a levered play on the long-term growth of digital assets. For investors, it’s both a growth opportunity and a regulatory wild card.

Value stocks in less than 60 seconds with TIKR’s new Valuation Model (It’s free) >>>

3. Roku (ROKU)

Roku rounds out the top three with just under 6% of the fund. The company controls the leading streaming platform in the U.S., with millions of households using its devices and software to access content. As traditional cable continues to unravel, Roku is well-positioned to capture ad dollars and subscription revenue.

But the business isn’t without challenges. Competition from Amazon, Google, and smart TV manufacturers keeps pressure on margins, and advertising spending can be cyclical. Still, ARKK views Roku as the purest play on the shift from linear TV to streaming, a megatrend unlikely to reverse.

For ARKK holders, Roku represents a mid-cap growth story: it offers high upside if the ad platform scales profitably, but comes with plenty of volatility along the way. It’s exactly the kind of risk/reward profile that defines this ETF.

What ARKK Really Owns

ARKK is a concentrated bet on disruptive innovation, not a broad-market fund. The top 10 holdings alone comprise nearly 60% of the ETF, with Tesla, Coinbase, and Roku accounting for nearly a quarter. That level of concentration means daily moves in a few names can swing the entire fund.

The portfolio also leans into sectors that traditional ETFs barely touch: gene editing, digital assets, immersive technologies, and next-generation commerce. That gives ARKK a unique profile compared to funds like QQQ or SPY. Investors looking for exposure to early-stage disruptors won’t find many of these names elsewhere.

Key Insights

• Concentration risk: Nearly 60% of the fund is invested in the top 10 names, with Tesla alone accounting for 12.7%.
• Moonshot exposure: Includes sectors like crypto, genomics, and streaming that broad-market ETFs underweight or avoid.
• Volatility by design: Can outperform dramatically in innovation booms but underperform in rotations to value and safety.
• High conviction bets: Cathie Wood doubles down on core holdings like Tesla and Coinbase, signaling long-term confidence.

Why You Should Invest In ARKK

ARKK is not for the faint of heart. Its performance history shows just how wild the ride can be, soaring triple digits in boom years, only to give back much of those gains in downturns. For investors comfortable with volatility, that’s the price of admission to innovation.

The ETF’s concentration in Tesla, Coinbase, and Roku makes it highly dependent on just a handful of names. However, for believers in Cathie Wood’s thesis that the biggest opportunities lie in AI, crypto, streaming, and genomics, ARKK offers direct exposure.

For most portfolios, ARKK isn’t the core, it’s the swing-for-the-fences satellite. However, as long as innovation continues to move forward, the fund remains a high-risk, high-reward approach to capturing it.

Quickly value any stock with TIKR’s powerful new Valuation Model (It’s free!) >>>

Want to Invest Like Warren Buffett, Joel Greenblatt, or Peter Lynch?

TIKR just published a special report breaking down 5 powerful stock screeners inspired by the exact strategies used by the world’s greatest investors.

In this report, you’ll discover:

• A Buffett-style screener for finding wide-moat compounders at fair prices
• Joel Greenblatt’s formula for high-return, low-risk stocks
• A Peter Lynch-inspired tool to surface fast-growing small caps before Wall Street catches on

Each screener is fully customizable on TIKR, so you can apply legendary investing strategies instantly. Whether you’re looking for long-term compounders or overlooked value plays, these screeners will save you hours and sharpen your edge.

This is your shortcut to proven investing frameworks, backed by real performance data.

Click here to sign up for TIKR and get this full report now, completely free.

Looking for New Opportunities?

• See what stocks billionaire investors are buying so you can follow the smart money.
• Analyze stocks in as little as 5 minutes with TIKR’s all-in-one, easy-to-use platform.
• The more rocks you overturn… the more opportunities you’ll uncover. Search 100K+ global stocks, global top investor holdings, and more with TIKR.

Disclaimer:

Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!