Themes Most Commonly
Held In Funds’ Top 10

Funds Holding Holding in Top 10 Capital Flow
New Positions Closed Positions Increased Positions Reduced Positions
Call Options Put Options
Theme Holding in
top 10 		Growth Growth % Funds
holding 		Stocks
Oil & Gas
 1,839 +138 +8% 2,996 361
Artificial Intelligence
 1,382 -52 -4% 2,785 264
E-Commerce
 1,312 +99 +8% 2,736 240
Digital Payments & Fintech
 1,311 +145 +12% 2,643 148
E-Commerce
Marketplaces
 1,211 +97 +9% 2,598 106
Internet of Things
 1,182 +129 +12% 2,499 99
Cloud Computing
 1,128 -107 -9% 2,557 64
Immunotherapy & Oncology
 1,128 +25 +2% 2,561 388
Medical Devices & Diagnostics
 1,069 +7 +0.7% 2,672 342
SaaS & Enterprise Software
 1,048 -107 -9% 2,712 266
Social Media & Creator Economy
 1,018 -28 -3% 2,395 45
Internet of Things
Wearables
 1,011 +140 +16% 2,198 21
Streaming & Digital Media
 975 +34 +4% 2,563 120
Semiconductors
 845 +53 +7% 2,688 178
Defense Modernization
 773 -63 -8% 2,517 163
Video Games & Esports
 653 -49 -7% 2,200 55
Oil & Gas
Oilfield Services
 484 +116 +32% 2,275 88
GLP-1 & Obesity
 466 -74 -14% 2,370 92
Housing & Home Improvement
 465 +1 +0.2% 2,559 223
Electric Vehicles
 275 +25 +10% 2,117 124
Sin Stocks
 270 -20 -7% 2,128 78
Oil & Gas
LNG
 251 +54 +27% 1,964 32
Pet Economy
 243 -12 -5% 2,092 34
Genomics & Gene Editing
 241 -16 -6% 1,884 199
Infrastructure & Construction
 239 -34 -12% 2,163 127
Artificial Intelligence
AI Inference Silicon
 208 -21 -9% 1,611 7
Cybersecurity
 194 +27 +16% 1,975 85
Clean Energy
 182 -6 -3% 2,024 134
Data Centers & Digital Infrastructure
 175 +3 +2% 1,582 78
Housing & Home Improvement
Home & Garden Retail
 170 -8 -4% 1,911 30
Quantum Computing
 167 -56 -25% 1,727 19
Water
 156 -9 -5% 1,767 67
Defense Modernization
Defense Tech & C4ISR
 155 -32 -17% 1,721 53
Defense Modernization
Munitions Restocking
 146 -25 -15% 1,611 11
Copper & Industrial Metals
 144 -6 -4% 1,778 79
Robotics & Automation
 141 -19 -12% 1,892 83
Reuse, Repair & Circular Economy
 132 -6 -4% 1,535 68
Agriculture & Food Technology
 126 -4 -3% 1,729 79
Carbon & Pollution Control
 114 +3 +3% 1,530 23
Online Travel & Experiences
 114 +3 +3% 1,037 32
Sin Stocks
Alcohol
 108 +1 +0.9% 1,288 24
Robotics & Automation
Industrial Automation
 103 -23 -18% 1,714 16
Sin Stocks
Tobacco & Nicotine
 102 -1 -1% 1,566 13
Small Business Economy
 100 0 0% 1,476 58
Space Economy
 100 +2 +2% 1,398 64
Energy Efficiency
 98 -14 -13% 1,625 31
Housing & Home Improvement
Homebuilders
 95 +14 +17% 1,088 45
Longevity & Aging Population
 94 +6 +7% 1,346 60
Health & Wellness
 93 -9 -9% 1,811 78
Nuclear Energy
 91 +1 +1% 1,637 61
Gold & Precious Metals
 90 +3 +3% 1,172 133
Electrification & Grid
 89 -18 -17% 1,429 59
Gold & Precious Metals
Gold & Silver Miners
 87 +3 +4% 1,158 124
Artificial Intelligence
AI Memory & HBM
 83 +21 +34% 816 12
Genomics & Gene Editing
Gene Therapy
 80 0 0% 1,152 131
Streaming & Digital Media
News Media
 78 +7 +10% 962 26
Digital Health & Telemedicine
 75 -15 -17% 1,427 84
Semiconductors
Semicap & Lithography
 72 +12 +20% 1,085 21
Future of Education
 70 -2 -3% 843 77
3D Printing & Additive Manufacturing
 69 -4 -5% 1,231 20
Semiconductors
Analog & Power Semis
 65 +5 +8% 1,323 27
Sin Stocks
Casinos
 59 -20 -25% 973 24
Artificial Intelligence
Chinese AI
 57 +4 +8% 539 14
Data Centers & Digital Infrastructure
Interconnect & Colocation
 57 +8 +16% 761 19
Luxury & Affluent Consumer
 54 -24 -31% 1,204 40
Robotics & Automation
Warehouse & Logistics Robotics
 50 -1 -2% 1,113 3
Digital Payments & Fintech
Neobanks
 49 +32 +188% 423 25
GLP-1 & Obesity
Obesity Second-Order Effects
 46 +8 +21% 1,061 26
Data Centers & Digital Infrastructure
Power for AI
 46 +7 +18% 965 22
Semiconductors
Advanced Packaging
 43 -8 -16% 698 10
Electric Vehicles
EV Charging Infrastructure
 39 -1 -3% 993 21
Autonomous Driving
 37 +3 +9% 733 53
Water
Water Infrastructure
 37 -7 -16% 1,002 17
Electrification & Grid
Grid Equipment
 33 -5 -13% 1,002 10
Clean Energy
Hydrogen & Fuel Cells
 31 +6 +24% 833 13
Space Economy
Satellite Communications
 31 +9 +41% 449 16
Electrification & Grid
Energy Storage
 26 -3 -10% 640 26
Artificial Intelligence
AI Software & Applications
 24 -3 -11% 589 85
Artificial Intelligence
Agentic AI
 23 -3 -12% 634 13
Defense Modernization
Military Shipbuilding
 23 -8 -26% 924 6
Agriculture & Food Technology
Plant-Based Foods
 22 +2 +10% 712 17
Clean Energy
Solar
 22 -3 -12% 602 54
Critical Minerals & Rare Earths
 20 -5 -20% 577 60
Data Centers & Digital Infrastructure
Liquid Cooling
 19 +5 +36% 710 9
Lithium & Battery Materials
 19 0 0% 491 47
Defense Modernization
Drones & Counter-Drone
 18 -7 -28% 825 30
Agriculture & Food Technology
Precision Agriculture
 18 +1 +6% 1,067 4
Electrification & Grid
Transmission Buildout
 18 -14 -44% 603 6
Digital Assets
 16 -4 -20% 611 160
Internet of Things
Smart Home
 16 +1 +7% 597 17
Water
Sanitation
 15 +2 +15% 501 8
Semiconductors
Photonics & Optical Interconnect
 14 -13 -48% 586 20
Cybersecurity
Agentic AI Security
 13 0 0% 265 2
Digital Assets
Corporate Crypto Treasuries
 11 -1 -8% 479 63
E-Commerce
Food Delivery
 11 +11 – 158 12
Space Economy
Launch Services
 11 -1 -8% 158 5
Cloud Computing
Edge Computing
 10 -1 -9% 475 11
Clean Energy
Wind
 10 0 0% 166 9
Reshoring & American Manufacturing
 8 -9 -53% 798 20
Sin Stocks
Firearms
 6 -5 -45% 417 12
Nuclear Energy
Uranium Mining & Enrichment
 5 -8 -62% 311 20
Digital Payments & Fintech
Buy Now Pay Later
 4 +1 +33% 258 13
Cybersecurity
Identity Security
 4 +2 +100% 165 15
Nuclear Energy
Small Modular Reactors
 4 -7 -64% 251 12
Sports Betting & iGaming
 4 -3 -43% 261 29
Infrastructure & Construction
Green Building
 3 0 0% 171 5
Digital Assets
Bitcoin Miners
 2 +1 +100% 53 40
Cannabis
 2 0 0% 255 52
Virtual & Augmented Reality
 1 -4 -80% 112 20
Digital Assets
Stablecoin Infrastructure
 – – – 4 9