3 Reasons I Think Cathie Wood Is Buying Robinhood Stock Again

Cathie Wood's ARK Invest resumed buying Robinhood stock in early September after selling throughout the summer. The purchases appear driven by strong growth in event contracts (prediction markets), which generated $156M in Q2 revenue and saw 4.7B contracts traded in August—15x year-ago volumes. Additionally, Robinhood's platform assets grew to $384B with $74B in net deposits over the trailing 12 months, and customer margin balances surged 72% year-over-year to $21.5B, indicating deepening customer engagement.