ARK Blockchain & Fintech Innovation ETF

ARKF

Market cap $772M

ETFs from iShares, T. Rowe Price, ARK, Alger, and KraneShares have pre-IPO stakes in OpenAI or Anthropic.

Two of the most well-known investors are betting on the same three Magnificent Seven stocks. Here's a look at the stocks owned by both Cathie Wood and Bill Ackman.

• Bullish stock is surging to new heights today. What's behind BLSH gains?

Ark Invest, led by Cathie Wood, issued another "Big Ideas" list on Wednesday, sharing themes for 2026 that investors should watch. This year's list comes after the firm reported a strong 2025, with its ETFs outperforming the S&P 500.

ARK Blockchain & Fintech Innovation ETF offers thematic returns through growth stock exposure, benefiting from pro-risk environments and tech rallies. ARKF's portfolio remains stable, with robust revenue growth forecasts among top holdings and some modest EV/EBITDA valuations for high-growth tech stocks. Despite a high active share, the fund's returns are correlated with the broader market and big tech, suggesting market risk-on/risk-off flows drive performance.

Many financial companies are slow-growing and balance sheet intensive, making them more common in value funds and usually less appealing to growth strategies. However, there are asset-light firms that have competitive advantages and that are benefiting from secular trends.

ARK Fintech Innovation ETF is rated Hold due to its extreme growth tilt and elevated risk of drawdowns at current highs. ARKF offers better risk concentration than peer ARK ETFs, but still carries high volatility and requires careful timing for entry. Valuations for ARKF's top holdings are moderately expensive, supporting a Hold thesis rather than a Buy at current levels.

Cathie Wood, CEO & CIO of ARK Invest, speaks about market optimism, US inflation, the crypto industry and IPOs. Wood speaks with Bloomberg's Katie Greifeld, Eric Balchunas and Scarlet Fu on "Bloomberg ETF IQ".

The stock market has performed very well over the past year. Although it hasn't been without its volatile times, specifically around the president's reciprocal tariff announcements in April, the S&P 500 is up by more than 20% in a year.

Ark Invest CEO Cathie Wood is known for her stock picks over the last decade, handpicking many of the growth stocks that find their way into the company's ETFs.