ARK Next Generation Internet ETF
ARK's next-generation internet fund, spanning cloud, AI platforms, and digital trust.
Fund summary
Strategy
ARK's next-generation internet ETF — cloud, software, and cybersecurity exposure spanning Digital Trust with Physical AI overlap.
Stated focus
Digital Trust mapped companies, as held by the ARKW issuer file.
Read full strategy
ARK Next Generation Internet ETF (ARKW) is ARK Invest's actively managed fund for the internet, software, and digital-infrastructure layer of the innovation economy. Issued by ARK Investment Management LLC (Cathie Wood's firm) through the ARK ETF Trust, ARKW carries no benchmark and instead concentrates in companies ARK believes are building the next generation of cloud, software, e-commerce, digital media, and the supporting infrastructure. That focus spans the Digital Trust universe — cloud and cybersecurity infrastructure — with overlap into Physical AI through the compute and platform companies that underpin both. In the PXS map, ARKW's issuer holdings file overlaps mapped Digital Trust and adjacent Physical AI companies, giving it a dual-universe read. As with every fund page, coverage is limited to direct, issuer-reported positions in already-mapped companies, not the complete portfolio, and this is a research map rather than a recommendation. Companies outside the research registry are omitted regardless of their weight in the issuer file, and layer classification is taken from each company's own record. ARKW is most useful for locating where an active next-generation-internet portfolio intersects the machine's existing Digital Trust research. Its largest mapped positions are NVIDIA (4.39%), Amazon (3.73%), AMD (3.10%), and Palantir (2.67%) — a cloud-and-platform tilt that straddles the Digital Trust and Physical AI boundary.
Top 10 holdings
As of Oct 26, 2026. Top holdings by weight among U.S.-listed issuers (stockanalysis.com); non-U.S.-listed positions may be omitted. Portfolio weights are not ownership percentages of the companies.
| # | Company | Ticker | Portfolio weight |
|---|---|---|---|
| 1 | TESLA INC Mapped | TSLA | 7.90% |
| 2 | META PLATFORMS INC-CLASS A Mapped | META | 5.43% |
| 3 | SHOPIFY INC - CLASS A | SHOP | 4.44% |
| 4 | AMAZON.COM INC Mapped | AMZN | 4.35% |
| 5 | CIRCLE INTERNET GROUP INC | CRCL | 4.28% |
| 6 | NVIDIA CORP Mapped | NVDA | 4.15% |
| 7 | ROBINHOOD MARKETS INC - A | HOOD | 3.82% |
| 8 | SPACE EXPLORATION TECHN-CL A | SPCX | 3.77% |
| 9 | COINBASE GLOBAL INC -CLASS A | COIN | 3.50% |
| 10 | BLOCK INC | XYZ | 3.38% |
Known positions in mapped companies
| Company | Relationship | Portfolio weight | As of | Evidence |
|---|---|---|---|---|
| Tesla, Inc. | Reported holding | 7.90% | Oct 26, 2026 | Source |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | Reported holding | 2.15% | Oct 26, 2026 | Source |
| Meta Platforms, Inc. | Reported holding | 5.43% | Oct 26, 2026 | Source |
| Snowflake Inc. | Reported holding | 0.98% | Oct 26, 2026 | Source |
| Palantir Technologies | Reported holding | 2.64% | Oct 26, 2026 | Source |
| NVIDIA Corporation | Reported holding | 4.15% | Oct 26, 2026 | Source |
| Datadog, Inc. | Reported holding | 2.54% | Oct 26, 2026 | Source |
| CRWD | Reported holding | 2.23% | Oct 26, 2026 | Source |
| Cloudflare, Inc. | Reported holding | 2.20% | Oct 26, 2026 | Source |
| Broadcom | Reported holding | 2.46% | Oct 26, 2026 | Source |
| Amazon | Reported holding | 4.35% | Oct 26, 2026 | Source |
| Advanced Micro Devices, Inc. | Reported holding | 2.72% | Oct 26, 2026 | Source |
Derived exposure
Counts cover distinct mapped companies only. They are not an allocation and do not describe the full portfolio.
Universes
Layers
- Sim-to-Real, Digital Twins & Validation1 mapped company
- AI Factory & Cloud Training Infrastructure4 mapped companies
- Data Governance & Privacy1 mapped company
- Defense Software & Mission Systems1 mapped company
- Observability & Trust Infrastructure1 mapped company
- Zero Trust Security2 mapped companies
- Edge Compute & Control Silicon1 mapped company
- Maintain1 mapped company
Timeline
Start here
- Top mapped weights: NVDA 4.39%, AMZN 3.73%, AMD 3.1%, PLTR 2.67%.
Open questions
- How does this fund's active/passive weighting compare to peers in the same universe layer?