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
 83 124 41 334 12
Sin Stocks
Firearms
 79 120 41 468 12
Genomics & Gene Editing
Gene Therapy
 72 148 76 1,343 131
Semiconductors
Analog & Power Semis
 70 148 78 1,491 27
Cybersecurity
Agentic AI Security
 61 94 33 444 2
Defense Modernization
Munitions Restocking
 61 137 76 1,745 11
Clean Energy
Solar
 60 121 61 631 54
Defense Modernization
Defense Tech & C4ISR
 56 135 79 1,876 53
Medical Devices & Diagnostics
 54 123 69 2,920 342
Internet of Things
Wearables
 51 132 81 2,417 21
Defense Modernization
 50 136 86 2,686 163
Housing & Home Improvement
Homebuilders
 50 146 96 1,180 45
Cybersecurity
 47 139 92 2,174 85
Social Media & Creator Economy
 47 134 87 2,607 45
Genomics & Gene Editing
 46 133 87 2,082 199
GLP-1 & Obesity
 46 125 79 2,557 92
E-Commerce
Marketplaces
 45 121 76 2,848 106
Sin Stocks
Alcohol
 44 100 56 1,392 24
Internet of Things
 42 126 84 2,709 99
Digital Payments & Fintech
 41 127 86 2,895 148
Defense Modernization
Drones & Counter-Drone
 41 97 56 930 30
Artificial Intelligence
 40 121 81 2,996 264
Electric Vehicles
 39 151 112 2,224 124
Cybersecurity
Identity Security
 39 72 33 248 15
Immunotherapy & Oncology
 39 104 65 2,756 388
E-Commerce
 38 119 81 2,987 240
Oil & Gas
 38 115 77 3,161 361
Sin Stocks
 38 132 94 2,275 78
Clean Energy
 37 160 123 2,079 134
Digital Health & Telemedicine
 35 131 96 1,602 84
Agriculture & Food Technology
 33 140 107 1,796 79
Semiconductors
Advanced Packaging
 31 86 55 758 10
Cloud Computing
 31 135 104 2,777 64
Streaming & Digital Media
 30 132 102 2,761 120
Energy Efficiency
 29 111 82 1,770 31
Longevity & Aging Population
 29 120 91 1,488 60
Semiconductors
Photonics & Optical Interconnect
 28 81 53 600 20
Robotics & Automation
Warehouse & Logistics Robotics
 28 87 59 1,220 3
Water
 28 128 100 1,866 67
Artificial Intelligence
Agentic AI
 27 90 63 672 13
Housing & Home Improvement
 27 132 105 2,739 223
SaaS & Enterprise Software
 26 118 92 2,921 266
Sports Betting & iGaming
 26 67 41 318 29
Infrastructure & Construction
Green Building
 24 45 21 214 5
Online Travel & Experiences
 24 135 111 1,157 32
Health & Wellness
 23 120 97 1,925 78
Data Centers & Digital Infrastructure
Interconnect & Colocation
 23 95 72 774 19
Reuse, Repair & Circular Economy
 23 139 116 1,608 68
Pet Economy
 22 105 83 2,266 34
Small Business Economy
 22 113 91 1,646 58
Cannabis
 21 48 27 270 52
Housing & Home Improvement
Home & Garden Retail
 20 132 112 2,097 30
Space Economy
 20 114 94 1,485 64
Sin Stocks
Tobacco & Nicotine
 20 96 76 1,669 13
Semiconductors
 19 101 82 2,847 178
Space Economy
Launch Services
 17 33 16 151 5
Space Economy
Satellite Communications
 15 61 46 458 16
Robotics & Automation
Industrial Automation
 13 110 97 1,827 16
Streaming & Digital Media
News Media
 13 87 74 981 26
Cloud Computing
Edge Computing
 12 70 58 542 11
Future of Education
 12 88 76 864 77
Oil & Gas
LNG
 11 115 104 1,987 32
GLP-1 & Obesity
Obesity Second-Order Effects
 11 103 92 1,094 26
Robotics & Automation
 10 124 114 2,001 83
Semiconductors
Semicap & Lithography
 10 105 95 1,173 21
Autonomous Driving
 9 92 83 775 53
Lithium & Battery Materials
 8 84 76 506 47
Defense Modernization
Military Shipbuilding
 8 82 74 999 6
Water
Sanitation
 6 58 52 527 8
Digital Assets
 5 91 86 655 160
Sin Stocks
Casinos
 4 124 120 962 24
Gold & Precious Metals
 4 105 101 1,127 133
Gold & Precious Metals
Gold & Silver Miners
 3 104 101 1,115 124
Digital Payments & Fintech
Buy Now Pay Later
 -1 34 35 245 13
Electrification & Grid
Energy Storage
 -1 83 84 653 26
Video Games & Esports
 -1 132 133 2,328 55
Luxury & Affluent Consumer
 -3 119 122 1,235 40
Digital Assets
Stablecoin Infrastructure
 -3 0 3 6 9
Data Centers & Digital Infrastructure
 -4 110 114 1,684 78
Electric Vehicles
EV Charging Infrastructure
 -5 68 73 963 21
Clean Energy
Wind
 -5 17 22 134 9
Quantum Computing
 -7 95 102 1,725 19
Electrification & Grid
 -8 118 126 1,434 59
Electrification & Grid
Grid Equipment
 -8 82 90 978 10
Digital Assets
Corporate Crypto Treasuries
 -9 78 87 515 63
Electrification & Grid
Transmission Buildout
 -9 62 71 556 6
Digital Assets
Bitcoin Miners
 -10 14 24 64 40
Water
Water Infrastructure
 -10 88 98 991 17
Infrastructure & Construction
 -12 140 152 2,189 127
Artificial Intelligence
Chinese AI
 -13 138 151 928 14
Artificial Intelligence
AI Memory & HBM
 -14 102 116 881 12
Clean Energy
Hydrogen & Fuel Cells
 -14 67 81 871 13
Nuclear Energy
 -14 96 110 1,734 61
Agriculture & Food Technology
Plant-Based Foods
 -15 61 76 755 17
Agriculture & Food Technology
Precision Agriculture
 -15 80 95 1,037 4
Digital Payments & Fintech
Neobanks
 -18 79 97 597 25
Oil & Gas
Oilfield Services
 -18 130 148 2,228 88
Data Centers & Digital Infrastructure
Power for AI
 -18 70 88 987 22
Virtual & Augmented Reality
 -18 14 32 99 20
Artificial Intelligence
AI Software & Applications
 -20 48 68 546 85
Nuclear Energy
Small Modular Reactors
 -21 22 43 248 12
Internet of Things
Smart Home
 -21 56 77 611 17
Critical Minerals & Rare Earths
 -22 52 74 521 60
Artificial Intelligence
AI Inference Silicon
 -25 116 141 1,615 7
Nuclear Energy
Uranium Mining & Enrichment
 -25 29 54 306 20
Reshoring & American Manufacturing
 -30 65 95 738 20
Data Centers & Digital Infrastructure
Liquid Cooling
 -34 46 80 668 9
Carbon & Pollution Control
 -37 94 131 1,493 23
Copper & Industrial Metals
 -62 108 170 1,688 79
3D Printing & Additive Manufacturing
 -73 88 161 1,202 20