Cathie Wood’s Ark Funds Add Meta and Rocket Lab Shares as Both Stocks Trade Below Peak Levels

Ark Invest, the investment firm led by founder and CEO Cathie Wood, has been adding to positions in Meta Platforms and Rocket Lab across several of its funds, according to a recent report. The purchases come as both companies trade at levels well below their prior peaks, even as both posted modest gains in Tuesday’s session.

Meta Platforms (NASDAQ: META) was changing hands at $616.77, up 0.47% from its previous close of $613.88, giving the social media and AI hardware company a market capitalization of roughly $1.5 trillion. The Menlo Park-based company operates in the Communication Services sector and develops products spanning mobile apps, personal computing, virtual reality headsets, and AI-enabled glasses across North America, Europe, and Asia-Pacific.

Rocket Lab (NASDAQ: RKLB), meanwhile, traded at $64.26, a gain of 0.72% from its prior close of $63.798. The aerospace and defense company, valued at approximately $51.8 billion, provides launch services and space systems solutions through two segments, serving customers in the United States, Canada, Japan, and internationally.

Ark’s Mixed Performance Record

The buying activity comes despite a mixed stretch for Ark’s funds. Four of the firm’s exchange-traded funds have outpaced the S&P 500 over the past three years, according to the report. However, Ark’s flagship ARK Innovation ETF (NYSEMKT: ARKK) has lagged the broader market so far in 2026, gaining approximately 9% at the time of the report.

Wood has continued to direct her funds toward companies she sees as positioned to benefit from two long-term themes: artificial intelligence and the emerging space economy. Meta sits at the center of the first thesis given its heavy AI infrastructure spending and AI-driven product development, while Rocket Lab represents the second as a launch provider and spacecraft manufacturer.

Neither stock’s recent weakness appears to have deterred the firm. The report notes that both shares are trading well off their highs, framing the purchases as opportunistic additions to existing theses rather than new positions.

Meta’s scale contrasts sharply with Rocket Lab’s. With a market cap roughly 29 times larger, Meta is a mega-cap incumbent in internet content and information, while Rocket Lab remains a mid-sized player in aerospace and defense. The pairing illustrates Ark’s strategy of holding both established AI beneficiaries and earlier-stage space economy names within its thematic portfolios.

Ark’s fund disclosures, which are published daily, will show whether the buying continues in coming sessions.

What to watch

• Meta’s upcoming quarterly earnings report and any updates on AI capital expenditure plans
• Rocket Lab’s launch cadence and Neutron rocket development milestones
• Daily Ark Invest trade disclosures for further purchases of either stock
• ARK Innovation ETF performance relative to the S&P 500 for the remainder of 2026

Source: original release