Themes With The Most
Closed Fund Positions

Funds Holding Holding in Top 10 Capital Flow
New Positions Closed Positions Increased Positions Reduced Positions
Call Options Put Options
Theme Net closed
positions 		Closed
positions 		New
positions 		Funds
holding 		Stocks
Artificial Intelligence
Chinese AI
 107 184 77 807 14
Electric Vehicles
 87 185 98 2,117 124
Oil & Gas
LNG
 83 169 86 1,867 32
Agriculture & Food Technology
 82 168 86 1,691 79
Electrification & Grid
 82 169 87 1,376 59
Clean Energy
 71 163 92 2,002 134
Artificial Intelligence
AI Inference Silicon
 69 159 90 1,510 7
Copper & Industrial Metals
 66 180 114 1,594 79
Infrastructure & Construction
 66 172 106 2,122 127
Semiconductors
Semicap & Lithography
 61 128 67 1,082 21
3D Printing & Additive Manufacturing
 57 143 86 1,124 20
Oil & Gas
Oilfield Services
 57 149 92 2,148 88
Defense Modernization
Defense Tech & C4ISR
 53 127 74 1,804 53
Agriculture & Food Technology
Precision Agriculture
 52 117 65 975 4
Data Centers & Digital Infrastructure
Power for AI
 47 118 71 947 22
Electric Vehicles
EV Charging Infrastructure
 46 111 65 898 21
Robotics & Automation
 45 118 73 1,941 83
Data Centers & Digital Infrastructure
 44 152 108 1,633 78
Electrification & Grid
Transmission Buildout
 44 88 44 515 6
Semiconductors
Analog & Power Semis
 42 137 95 1,451 27
Defense Modernization
Munitions Restocking
 41 129 88 1,680 11
Electrification & Grid
Grid Equipment
 38 109 71 936 10
Semiconductors
 36 119 83 2,777 178
Sin Stocks
Casinos
 33 119 86 886 24
Reuse, Repair & Circular Economy
 33 133 100 1,588 68
Agriculture & Food Technology
Plant-Based Foods
 32 80 48 738 17
Gold & Precious Metals
 30 108 78 1,105 133
Robotics & Automation
Industrial Automation
 30 102 72 1,797 16
Gold & Precious Metals
Gold & Silver Miners
 29 107 78 1,095 124
Data Centers & Digital Infrastructure
Liquid Cooling
 29 69 40 617 9
Lithium & Battery Materials
 29 80 51 457 47
Water
Sanitation
 29 68 39 506 8
Internet of Things
Smart Home
 27 79 52 581 17
Clean Energy
Hydrogen & Fuel Cells
 26 82 56 839 13
Cybersecurity
Identity Security
 26 75 49 280 15
Genomics & Gene Editing
Gene Therapy
 25 99 74 1,335 131
Artificial Intelligence
AI Memory & HBM
 23 111 88 819 12
Critical Minerals & Rare Earths
 23 68 45 503 60
GLP-1 & Obesity
Obesity Second-Order Effects
 22 90 68 1,080 26
Future of Education
 20 105 85 875 77
Space Economy
Satellite Communications
 20 65 45 438 16
Oil & Gas
 19 95 76 3,093 361
Water
 19 124 105 1,842 67
Carbon & Pollution Control
 17 137 120 1,458 23
Genomics & Gene Editing
 16 108 92 2,060 199
Quantum Computing
 16 86 70 1,714 19
Artificial Intelligence
AI Software & Applications
 13 63 50 546 85
Defense Modernization
 13 86 73 2,663 163
E-Commerce
 13 99 86 2,965 240
Clean Energy
Wind
 13 25 12 135 9
Medical Devices & Diagnostics
 12 90 78 2,894 342
Internet of Things
 11 111 100 2,699 99
Longevity & Aging Population
 10 122 112 1,492 60
Streaming & Digital Media
News Media
 10 98 88 954 26
Infrastructure & Construction
Green Building
 9 40 31 209 5
E-Commerce
Food Delivery
 8 90 82 361 12
Autonomous Driving
 7 83 76 815 53
Digital Payments & Fintech
Buy Now Pay Later
 7 37 30 260 13
Cybersecurity
 7 110 103 2,175 85
Electrification & Grid
Energy Storage
 7 94 87 690 26
Pet Economy
 7 95 88 2,262 34
Virtual & Augmented Reality
 7 22 15 101 20
Digital Assets
Bitcoin Miners
 6 17 11 64 40
E-Commerce
Marketplaces
 6 101 95 2,834 106
Internet of Things
Wearables
 6 98 92 2,393 21
Robotics & Automation
Warehouse & Logistics Robotics
 4 73 69 1,230 3
Reshoring & American Manufacturing
 3 81 78 731 20
Nuclear Energy
Uranium Mining & Enrichment
 3 39 36 318 20
Energy Efficiency
 2 111 109 1,783 31
Health & Wellness
 2 101 99 1,940 78
Nuclear Energy
Small Modular Reactors
 1 28 27 243 12
Nuclear Energy
 0 97 97 1,710 61
Artificial Intelligence
 -1 78 79 2,981 264
Cloud Computing
Edge Computing
 -1 63 64 581 11
Data Centers & Digital Infrastructure
Interconnect & Colocation
 -1 79 80 785 19
Water
Water Infrastructure
 -1 89 90 974 17
Luxury & Affluent Consumer
 -5 96 101 1,219 40
Digital Health & Telemedicine
 -6 91 97 1,622 84
GLP-1 & Obesity
 -7 82 89 2,554 92
SaaS & Enterprise Software
 -7 87 94 2,914 266
Cannabis
 -9 27 36 273 52
Space Economy
 -9 81 90 1,486 64
Clean Energy
Solar
 -11 82 93 610 54
Semiconductors
Advanced Packaging
 -12 66 78 742 10
Defense Modernization
Military Shipbuilding
 -12 69 81 1,010 6
Sin Stocks
 -12 110 122 2,230 78
Video Games & Esports
 -13 85 98 2,342 55
Defense Modernization
Drones & Counter-Drone
 -15 57 72 950 30
Sports Betting & iGaming
 -20 30 50 334 29
Space Economy
Launch Services
 -21 13 34 154 5
Small Business Economy
 -22 87 109 1,659 58
Social Media & Creator Economy
 -24 80 104 2,624 45
Artificial Intelligence
Agentic AI
 -27 61 88 760 13
Sin Stocks
Alcohol
 -29 84 113 1,380 24
Sin Stocks
Firearms
 -29 51 80 494 12
Immunotherapy & Oncology
 -29 61 90 2,770 388
Digital Payments & Fintech
Neobanks
 -29 61 90 634 25
Semiconductors
Photonics & Optical Interconnect
 -29 61 90 652 20
Sin Stocks
Tobacco & Nicotine
 -29 54 83 1,666 13
Digital Assets
Corporate Crypto Treasuries
 -31 42 73 571 63
Housing & Home Improvement
 -36 84 120 2,753 223
Cybersecurity
Agentic AI Security
 -39 48 87 518 2
Digital Payments & Fintech
 -40 75 115 2,912 148
Housing & Home Improvement
Homebuilders
 -42 98 140 1,193 45
Cloud Computing
 -47 64 111 2,787 64
Streaming & Digital Media
 -51 73 124 2,798 120
Housing & Home Improvement
Home & Garden Retail
 -52 67 119 2,140 30
Online Travel & Experiences
 -52 83 135 1,219 32
Digital Assets
 -530 36 566 1,219 160
Digital Assets
Stablecoin Infrastructure
 -908 – 908 917 9