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
Artificial Intelligence
Chinese AI
 258 287 29 791 14
Cloud Computing
 80 142 62 2,611 64
Online Travel & Experiences
 61 140 79 1,083 32
E-Commerce
Marketplaces
 59 135 76 2,629 106
Genomics & Gene Editing
 51 103 52 1,919 199
Cybersecurity
Agentic AI Security
 49 73 24 313 2
E-Commerce
 49 126 77 2,756 240
Artificial Intelligence
 47 99 52 2,802 264
E-Commerce
Food Delivery
 47 78 31 204 12
Medical Devices & Diagnostics
 45 98 53 2,696 342
Internet of Things
Wearables
 44 111 67 2,218 21
Digital Payments & Fintech
Neobanks
 43 93 50 463 25
Cloud Computing
Edge Computing
 42 83 41 514 11
Data Centers & Digital Infrastructure
 40 154 114 1,610 78
Genomics & Gene Editing
Gene Therapy
 40 85 45 1,184 131
Social Media & Creator Economy
 39 92 53 2,411 45
Cybersecurity
 38 105 67 1,994 85
Small Business Economy
 38 92 54 1,501 58
Cybersecurity
Identity Security
 35 53 18 199 15
Water
 34 98 64 1,782 67
Digital Payments & Fintech
 33 93 60 2,649 148
Internet of Things
 33 99 66 2,504 99
Housing & Home Improvement
Home & Garden Retail
 30 111 81 1,925 30
Lithium & Battery Materials
 30 87 57 515 47
Agriculture & Food Technology
Plant-Based Foods
 29 73 44 733 17
Digital Assets
 28 78 50 633 160
Longevity & Aging Population
 28 104 76 1,360 60
Digital Assets
Corporate Crypto Treasuries
 26 76 50 501 63
SaaS & Enterprise Software
 26 82 56 2,710 266
Copper & Industrial Metals
 25 123 98 1,783 79
Defense Modernization
Military Shipbuilding
 25 83 58 938 6
Nuclear Energy
Uranium Mining & Enrichment
 19 52 33 325 20
Semiconductors
Analog & Power Semis
 17 92 75 1,327 27
GLP-1 & Obesity
 17 93 76 2,365 92
Space Economy
 17 95 78 1,403 64
Video Games & Esports
 17 97 80 2,198 55
Virtual & Augmented Reality
 17 38 21 129 20
3D Printing & Additive Manufacturing
 16 89 73 1,234 20
Defense Modernization
Defense Tech & C4ISR
 16 86 70 1,718 53
Nuclear Energy
Small Modular Reactors
 16 37 21 263 12
Autonomous Driving
 15 99 84 744 53
Immunotherapy & Oncology
 15 69 54 2,556 388
Digital Assets
Bitcoin Miners
 14 21 7 67 40
Health & Wellness
 14 89 75 1,812 78
Semiconductors
Semicap & Lithography
 14 95 81 1,086 21
Semiconductors
 14 79 65 2,677 178
Sports Betting & iGaming
 13 42 29 273 29
Sin Stocks
Tobacco & Nicotine
 13 82 69 1,567 13
Defense Modernization
Drones & Counter-Drone
 12 64 52 828 30
Water
Sanitation
 12 45 33 512 8
Sin Stocks
 12 121 109 2,115 78
Artificial Intelligence
Agentic AI
 11 65 54 635 13
Energy Efficiency
 11 98 87 1,619 31
Housing & Home Improvement
 11 105 94 2,547 223
Data Centers & Digital Infrastructure
Liquid Cooling
 11 55 44 715 9
Reuse, Repair & Circular Economy
 11 95 84 1,530 68
Semiconductors
Advanced Packaging
 10 60 50 702 10
Digital Health & Telemedicine
 10 95 85 1,423 84
Clean Energy
Hydrogen & Fuel Cells
 10 69 59 837 13
Robotics & Automation
Warehouse & Logistics Robotics
 10 70 60 1,115 3
Robotics & Automation
Industrial Automation
 9 83 74 1,705 16
Streaming & Digital Media
 8 89 81 2,540 120
Agriculture & Food Technology
 7 124 117 1,720 79
Artificial Intelligence
AI Memory & HBM
 7 81 74 816 12
Sin Stocks
Alcohol
 6 81 75 1,281 24
Electrification & Grid
Energy Storage
 5 77 72 639 26
Housing & Home Improvement
Homebuilders
 5 104 99 1,083 45
Nuclear Energy
 5 81 76 1,625 61
Pet Economy
 5 82 77 2,079 34
Space Economy
Satellite Communications
 4 49 45 450 16
Digital Assets
Stablecoin Infrastructure
 4 4 – 8 9
Cannabis
 3 30 27 254 52
Robotics & Automation
 2 90 88 1,874 83
Electrification & Grid
 1 109 108 1,416 59
Carbon & Pollution Control
 -1 89 90 1,516 23
Quantum Computing
 -1 66 67 1,708 19
Clean Energy
Solar
 -1 68 69 597 54
Electrification & Grid
Transmission Buildout
 -1 50 51 597 6
Clean Energy
 -2 118 120 2,002 134
Defense Modernization
 -2 73 75 2,494 163
Clean Energy
Wind
 -3 23 26 161 9
Infrastructure & Construction
Green Building
 -4 25 29 166 5
Oil & Gas
 -4 72 76 2,962 361
Data Centers & Digital Infrastructure
Power for AI
 -4 80 84 953 22
Defense Modernization
Munitions Restocking
 -5 72 77 1,587 11
Water
Water Infrastructure
 -5 62 67 985 17
Luxury & Affluent Consumer
 -6 99 105 1,189 40
Oil & Gas
LNG
 -11 86 97 1,937 32
Digital Payments & Fintech
Buy Now Pay Later
 -12 26 38 245 13
Streaming & Digital Media
News Media
 -12 71 83 936 26
Gold & Precious Metals
Gold & Silver Miners
 -13 86 99 1,132 124
GLP-1 & Obesity
Obesity Second-Order Effects
 -13 72 85 1,038 26
Gold & Precious Metals
 -14 86 100 1,145 133
Semiconductors
Photonics & Optical Interconnect
 -15 60 75 568 20
Sin Stocks
Casinos
 -16 94 110 944 24
Space Economy
Launch Services
 -16 10 26 141 5
Artificial Intelligence
AI Inference Silicon
 -20 78 98 1,576 7
Critical Minerals & Rare Earths
 -20 53 73 552 60
Infrastructure & Construction
 -21 98 119 2,120 127
Reshoring & American Manufacturing
 -21 43 64 768 20
Data Centers & Digital Infrastructure
Interconnect & Colocation
 -23 70 93 730 19
Internet of Things
Smart Home
 -23 52 75 570 17
Oil & Gas
Oilfield Services
 -28 84 112 2,225 88
Artificial Intelligence
AI Software & Applications
 -29 51 80 557 85
Future of Education
 -29 57 86 807 77
Electric Vehicles
 -32 99 131 2,062 124
Sin Stocks
Firearms
 -33 36 69 379 12
Electric Vehicles
EV Charging Infrastructure
 -34 50 84 950 21
Electrification & Grid
Grid Equipment
 -37 68 105 955 10
Agriculture & Food Technology
Precision Agriculture
 -39 59 98 1,017 4