Themes With The Most
New Fund Positions

Funds Holding Holding in Top 10 Capital Flow
New Positions Closed Positions Increased Positions Reduced Positions
Call Options Put Options
Theme Net new
positions 		New
positions 		Closed
positions 		Funds
holding 		Stocks
E-Commerce
Food Delivery
 158 158 – 158 12
Artificial Intelligence
AI Memory & HBM
 93 142 49 816 12
Digital Payments & Fintech
Neobanks
 85 137 52 423 25
Digital Payments & Fintech
 83 153 70 2,643 148
Oil & Gas
LNG
 75 149 74 1,964 32
Oil & Gas
Oilfield Services
 71 158 87 2,275 88
E-Commerce
Marketplaces
 64 137 73 2,598 106
Streaming & Digital Media
 58 136 78 2,563 120
Space Economy
Satellite Communications
 57 106 49 449 16
Online Travel & Experiences
 55 147 92 1,037 32
Internet of Things
Wearables
 55 137 82 2,198 21
Carbon & Pollution Control
 53 116 63 1,530 23
E-Commerce
 50 131 81 2,736 240
Semiconductors
Analog & Power Semis
 49 113 64 1,323 27
Oil & Gas
 46 100 54 2,996 361
Sin Stocks
Alcohol
 45 114 69 1,288 24
Housing & Home Improvement
 45 141 96 2,559 223
Genomics & Gene Editing
Gene Therapy
 43 118 75 1,152 131
Water
Water Infrastructure
 43 91 48 1,002 17
Longevity & Aging Population
 42 109 67 1,346 60
Cybersecurity
Agentic AI Security
 41 82 41 265 2
Medical Devices & Diagnostics
 39 109 70 2,672 342
Water
 39 103 64 1,767 67
Semiconductors
Semicap & Lithography
 38 108 70 1,085 21
Semiconductors
Advanced Packaging
 36 78 42 698 10
Artificial Intelligence
Chinese AI
 35 100 65 539 14
Electric Vehicles
 35 138 103 2,117 124
Internet of Things
 35 118 83 2,499 99
Immunotherapy & Oncology
 34 90 56 2,561 388
Digital Assets
 33 80 47 611 160
Cybersecurity
Identity Security
 32 42 10 165 15
Semiconductors
 30 105 75 2,688 178
Electrification & Grid
Transmission Buildout
 30 70 40 603 6
Autonomous Driving
 29 118 89 733 53
Critical Minerals & Rare Earths
 29 77 48 577 60
3D Printing & Additive Manufacturing
 28 98 70 1,231 20
Electrification & Grid
Grid Equipment
 27 96 69 1,002 10
Housing & Home Improvement
Home & Garden Retail
 27 114 87 1,911 30
Data Centers & Digital Infrastructure
Power for AI
 27 97 70 965 22
Artificial Intelligence
 26 88 62 2,785 264
Agriculture & Food Technology
Plant-Based Foods
 26 75 49 712 17
Pet Economy
 25 92 67 2,092 34
Robotics & Automation
 24 105 81 1,892 83
Water
Sanitation
 24 52 28 501 8
Sin Stocks
 24 114 90 2,128 78
Clean Energy
Wind
 24 38 14 166 9
Artificial Intelligence
AI Inference Silicon
 23 88 65 1,611 7
Digital Assets
Corporate Crypto Treasuries
 21 67 46 479 63
Sin Stocks
Tobacco & Nicotine
 21 82 61 1,566 13
Electrification & Grid
 20 118 98 1,429 59
Copper & Industrial Metals
 19 113 94 1,778 79
Reshoring & American Manufacturing
 19 66 47 798 20
Video Games & Esports
 19 106 87 2,200 55
Genomics & Gene Editing
 18 103 85 1,884 199
Streaming & Digital Media
News Media
 18 96 78 962 26
Agriculture & Food Technology
Precision Agriculture
 17 71 54 1,067 4
Social Media & Creator Economy
 17 98 81 2,395 45
Housing & Home Improvement
Homebuilders
 16 102 86 1,088 45
Clean Energy
Hydrogen & Fuel Cells
 16 71 55 833 13
Data Centers & Digital Infrastructure
Interconnect & Colocation
 16 100 84 761 19
Defense Modernization
Military Shipbuilding
 16 78 62 924 6
Artificial Intelligence
Agentic AI
 14 83 69 634 13
Cloud Computing
Edge Computing
 14 69 55 475 11
Sin Stocks
Firearms
 13 52 39 417 12
GLP-1 & Obesity
Obesity Second-Order Effects
 12 96 84 1,061 26
Electrification & Grid
Energy Storage
 11 88 77 640 26
GLP-1 & Obesity
 11 100 89 2,370 92
Clean Energy
Solar
 11 90 79 602 54
SaaS & Enterprise Software
 10 87 77 2,712 266
Space Economy
 10 112 102 1,398 64
Small Business Economy
 8 98 90 1,476 58
Artificial Intelligence
AI Software & Applications
 7 65 58 589 85
Digital Payments & Fintech
Buy Now Pay Later
 5 34 29 258 13
Clean Energy
 5 117 112 2,024 134
Robotics & Automation
Warehouse & Logistics Robotics
 5 58 53 1,113 3
Digital Assets
Bitcoin Miners
 4 14 10 53 40
Data Centers & Digital Infrastructure
 4 114 110 1,582 78
Data Centers & Digital Infrastructure
Liquid Cooling
 4 55 51 710 9
Lithium & Battery Materials
 4 54 50 491 47
Defense Modernization
Munitions Restocking
 4 58 54 1,611 11
Quantum Computing
 4 76 72 1,727 19
Digital Assets
Stablecoin Infrastructure
 4 4 – 4 9
Energy Efficiency
 3 97 94 1,625 31
Future of Education
 3 79 76 843 77
Robotics & Automation
Industrial Automation
 2 75 73 1,714 16
Infrastructure & Construction
 2 108 106 2,163 127
Defense Modernization
Defense Tech & C4ISR
 0 62 62 1,721 53
Nuclear Energy
 0 71 71 1,637 61
Internet of Things
Smart Home
 0 72 72 597 17
Infrastructure & Construction
Green Building
 -1 32 33 171 5
Health & Wellness
 -1 101 102 1,811 78
Space Economy
Launch Services
 -1 16 17 158 5
Cannabis
 -2 29 31 255 52
Electric Vehicles
EV Charging Infrastructure
 -5 57 62 993 21
Reuse, Repair & Circular Economy
 -5 96 101 1,535 68
Cybersecurity
 -9 114 123 1,975 85
Defense Modernization
Drones & Counter-Drone
 -10 46 56 825 30
Cloud Computing
 -12 72 84 2,557 64
Defense Modernization
 -13 65 78 2,517 163
Digital Health & Telemedicine
 -14 86 100 1,427 84
Gold & Precious Metals
 -14 88 102 1,172 133
Gold & Precious Metals
Gold & Silver Miners
 -15 87 102 1,158 124
Nuclear Energy
Small Modular Reactors
 -15 20 35 251 12
Sports Betting & iGaming
 -17 29 46 261 29
Agriculture & Food Technology
 -20 90 110 1,729 79
Sin Stocks
Casinos
 -21 102 123 973 24
Semiconductors
Photonics & Optical Interconnect
 -21 60 81 586 20
Nuclear Energy
Uranium Mining & Enrichment
 -21 25 46 311 20
Virtual & Augmented Reality
 -38 25 63 112 20
Luxury & Affluent Consumer
 -44 107 151 1,204 40