Themes With The Most
Increased Fund Positions

Funds Holding Holding in Top 10 Capital Flow
New Positions Closed Positions Increased Positions Reduced Positions
Call Options Put Options
Theme Net increased
positions 		Increased
positions 		Reduced
positions 		Funds
holding 		Stocks
Data Centers & Digital Infrastructure
Interconnect & Colocation
 180 388 208 759 19
Social Media & Creator Economy
 174 1,159 985 2,588 45
Streaming & Digital Media
 170 1,228 1,058 2,759 120
Digital Payments & Fintech
Neobanks
 150 256 106 618 25
Artificial Intelligence
Chinese AI
 136 380 244 953 14
Oil & Gas
LNG
 78 842 764 1,996 32
Artificial Intelligence
AI Memory & HBM
 75 372 297 907 12
Data Centers & Digital Infrastructure
 57 703 646 1,702 78
Genomics & Gene Editing
Gene Therapy
 51 491 440 1,283 131
E-Commerce
Food Delivery
 46 91 45 252 12
Artificial Intelligence
 42 1,302 1,260 2,989 264
Oil & Gas
 41 1,394 1,353 3,152 361
Artificial Intelligence
Agentic AI
 40 272 232 653 13
Defense Modernization
 35 1,142 1,107 2,665 163
Water
 35 750 715 1,857 67
Autonomous Driving
 30 298 268 774 53
Cloud Computing
Edge Computing
 27 203 176 540 11
Lithium & Battery Materials
 21 188 167 504 47
Health & Wellness
 20 754 734 1,924 78
Defense Modernization
Defense Tech & C4ISR
 18 737 719 1,842 53
Pet Economy
 18 895 877 2,268 34
Artificial Intelligence
AI Software & Applications
 17 211 194 573 85
Space Economy
Satellite Communications
 14 166 152 449 16
Electrification & Grid
Energy Storage
 13 245 232 662 26
Nuclear Energy
 12 686 674 1,766 61
Clean Energy
Solar
 12 217 205 577 54
Clean Energy
Wind
 12 53 41 140 9
Robotics & Automation
Warehouse & Logistics Robotics
 10 436 426 1,205 3
Agriculture & Food Technology
Plant-Based Foods
 8 283 275 780 17
Future of Education
 7 308 301 861 77
Water
Sanitation
 6 181 175 528 8
Cybersecurity
Identity Security
 4 69 65 210 15
Virtual & Augmented Reality
 4 38 34 118 20
Online Travel & Experiences
 2 435 433 1,145 32
Semiconductors
Advanced Packaging
 1 267 266 734 10
Streaming & Digital Media
News Media
 1 347 346 977 26
Digital Assets
Stablecoin Infrastructure
 1 2 1 9 9
Longevity & Aging Population
 0 563 563 1,475 60
Cybersecurity
Agentic AI Security
 -2 120 122 387 2
Digital Assets
 -2 235 237 660 160
Space Economy
Launch Services
 -2 46 48 136 5
Defense Modernization
Military Shipbuilding
 -2 364 366 1,005 6
Digital Assets
Bitcoin Miners
 -3 18 21 74 40
Digital Assets
Corporate Crypto Treasuries
 -4 178 182 533 63
Digital Payments & Fintech
Buy Now Pay Later
 -5 92 97 250 13
Sin Stocks
Firearms
 -6 131 137 394 12
Defense Modernization
Munitions Restocking
 -9 663 672 1,707 11
Sports Betting & iGaming
 -9 88 97 297 29
Electrification & Grid
Transmission Buildout
 -10 211 221 576 6
Luxury & Affluent Consumer
 -11 460 471 1,252 40
Robotics & Automation
Industrial Automation
 -12 714 726 1,834 16
Immunotherapy & Oncology
 -13 1,162 1,175 2,745 388
Nuclear Energy
Small Modular Reactors
 -14 86 100 271 12
Reuse, Repair & Circular Economy
 -17 622 639 1,602 68
Infrastructure & Construction
Green Building
 -18 55 73 191 5
Data Centers & Digital Infrastructure
Power for AI
 -18 376 394 1,014 22
Critical Minerals & Rare Earths
 -22 178 200 548 60
Nuclear Energy
Uranium Mining & Enrichment
 -27 97 124 333 20
Electrification & Grid
Grid Equipment
 -31 368 399 998 10
Cannabis
 -32 70 102 254 52
Data Centers & Digital Infrastructure
Liquid Cooling
 -34 245 279 711 9
Internet of Things
Smart Home
 -38 192 230 639 17
Electrification & Grid
 -39 562 601 1,461 59
Small Business Economy
 -40 610 650 1,641 58
Semiconductors
Semicap & Lithography
 -41 416 457 1,178 21
Artificial Intelligence
AI Inference Silicon
 -44 649 693 1,659 7
GLP-1 & Obesity
 -44 1,035 1,079 2,537 92
Energy Efficiency
 -47 650 697 1,757 31
Video Games & Esports
 -48 937 985 2,353 55
Sin Stocks
Tobacco & Nicotine
 -50 631 681 1,668 13
Digital Payments & Fintech
 -56 1,177 1,233 2,881 148
E-Commerce
Marketplaces
 -56 1,164 1,220 2,834 106
Electric Vehicles
 -58 876 934 2,209 124
Digital Health & Telemedicine
 -61 547 608 1,586 84
Housing & Home Improvement
Homebuilders
 -62 399 461 1,142 45
E-Commerce
 -63 1,232 1,295 2,980 240
Water
Water Infrastructure
 -65 338 403 1,013 17
Sin Stocks
Casinos
 -66 320 386 970 24
Sin Stocks
Alcohol
 -70 486 556 1,365 24
Semiconductors
Photonics & Optical Interconnect
 -70 164 234 575 20
Robotics & Automation
 -71 760 831 2,012 83
Sin Stocks
 -73 872 945 2,263 78
Cybersecurity
 -74 849 923 2,150 85
Cloud Computing
 -80 1,132 1,212 2,775 64
GLP-1 & Obesity
Obesity Second-Order Effects
 -92 353 445 1,093 26
Clean Energy
Hydrogen & Fuel Cells
 -93 252 345 893 13
Semiconductors
Analog & Power Semis
 -97 498 595 1,440 27
Oil & Gas
Oilfield Services
 -98 901 999 2,272 88
Reshoring & American Manufacturing
 -100 239 339 778 20
Defense Modernization
Drones & Counter-Drone
 -103 264 367 899 30
Space Economy
 -112 487 599 1,486 64
Infrastructure & Construction
 -114 841 955 2,225 127
3D Printing & Additive Manufacturing
 -122 427 549 1,296 20
Gold & Precious Metals
 -125 363 488 1,136 133
Genomics & Gene Editing
 -127 762 889 2,059 199
Gold & Precious Metals
Gold & Silver Miners
 -128 353 481 1,125 124
Medical Devices & Diagnostics
 -138 1,152 1,290 2,897 342
Semiconductors
 -139 1,157 1,296 2,858 178
Internet of Things
 -142 1,066 1,208 2,692 99
Agriculture & Food Technology
Precision Agriculture
 -175 304 479 1,067 4
Internet of Things
Wearables
 -181 888 1,069 2,390 21
Agriculture & Food Technology
 -195 602 797 1,782 79
Housing & Home Improvement
Home & Garden Retail
 -202 729 931 2,098 30
Copper & Industrial Metals
 -236 597 833 1,768 79
Housing & Home Improvement
 -249 996 1,245 2,737 223
Electric Vehicles
EV Charging Infrastructure
 -300 267 567 982 21
Clean Energy
 -317 694 1,011 2,069 134
SaaS & Enterprise Software
 -410 1,038 1,448 2,923 266
Quantum Computing
 -432 477 909 1,751 19
Carbon & Pollution Control
 -467 418 885 1,545 23