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
Gold & Precious Metals
 106 198 92 1,162 133
Gold & Precious Metals
Gold & Silver Miners
 100 191 91 1,148 124
Sin Stocks
 81 156 75 2,374 78
Nuclear Energy
 76 140 64 1,819 61
Sin Stocks
Casinos
 69 144 75 965 24
Robotics & Automation
Industrial Automation
 66 132 66 1,889 16
Data Centers & Digital Infrastructure
Power for AI
 66 135 69 1,005 22
Defense Modernization
 58 127 69 2,769 163
Internet of Things
 57 141 84 2,818 99
Sin Stocks
Tobacco & Nicotine
 57 110 53 1,775 13
Water
Sanitation
 56 88 32 562 8
Defense Modernization
Munitions Restocking
 55 134 79 1,758 11
Robotics & Automation
 54 129 75 2,024 83
Electrification & Grid
Grid Equipment
 52 123 71 978 10
Medical Devices & Diagnostics
 52 152 100 3,016 342
Housing & Home Improvement
 49 152 103 2,841 223
Online Travel & Experiences
 49 176 127 1,345 32
Data Centers & Digital Infrastructure
 47 148 101 1,690 78
Immunotherapy & Oncology
 47 109 62 2,894 388
Semiconductors
 47 134 87 2,873 178
Digital Payments & Fintech
 46 132 86 3,042 148
Artificial Intelligence
 45 119 74 3,134 264
3D Printing & Additive Manufacturing
 42 150 108 1,112 20
Defense Modernization
Defense Tech & C4ISR
 42 129 87 1,891 53
Space Economy
 42 123 81 1,573 64
Cloud Computing
 41 121 80 2,984 64
SaaS & Enterprise Software
 41 125 84 3,041 266
Social Media & Creator Economy
 41 121 80 2,789 45
Video Games & Esports
 41 128 87 2,516 55
Internet of Things
Wearables
 41 139 98 2,494 21
Electrification & Grid
 40 145 105 1,431 59
GLP-1 & Obesity
Obesity Second-Order Effects
 40 122 82 1,132 26
Reuse, Repair & Circular Economy
 39 136 97 1,632 68
Semiconductors
Semicap & Lithography
 39 129 90 1,147 21
Water
Water Infrastructure
 39 102 63 1,029 17
Energy Efficiency
 38 131 93 1,846 31
Clean Energy
Hydrogen & Fuel Cells
 37 98 61 868 13
Infrastructure & Construction
 37 161 124 2,151 127
Semiconductors
Photonics & Optical Interconnect
 36 115 79 728 20
Data Centers & Digital Infrastructure
Interconnect & Colocation
 35 106 71 841 19
Longevity & Aging Population
 35 129 94 1,536 60
Pet Economy
 35 110 75 2,331 34
Streaming & Digital Media
 35 134 99 2,939 120
Copper & Industrial Metals
 34 179 145 1,582 79
Defense Modernization
Drones & Counter-Drone
 34 106 72 1,022 30
Robotics & Automation
Warehouse & Logistics Robotics
 34 94 60 1,318 3
Digital Health & Telemedicine
 31 135 104 1,674 84
Internet of Things
Smart Home
 30 86 56 617 17
Virtual & Augmented Reality
 29 48 19 142 20
Sin Stocks
Alcohol
 28 126 98 1,461 24
Sin Stocks
Firearms
 27 82 55 555 12
GLP-1 & Obesity
 27 131 104 2,640 92
Infrastructure & Construction
Green Building
 26 57 31 237 5
Digital Assets
 25 135 110 1,300 160
Semiconductors
Advanced Packaging
 24 83 59 756 10
Autonomous Driving
 24 111 87 879 53
Clean Energy
Solar
 24 90 66 672 54
Digital Assets
Stablecoin Infrastructure
 24 115 91 1,022 9
Water
 23 116 93 1,904 67
Luxury & Affluent Consumer
 22 142 120 1,280 40
Digital Payments & Fintech
Neobanks
 21 97 76 663 25
Housing & Home Improvement
Home & Garden Retail
 18 133 115 2,229 30
Electrification & Grid
Transmission Buildout
 18 69 51 496 6
Cybersecurity
 17 134 117 2,248 85
Lithium & Battery Materials
 17 68 51 492 47
Small Business Economy
 16 111 95 1,738 58
E-Commerce
 15 119 104 3,095 240
E-Commerce
Marketplaces
 15 123 108 2,973 106
Reshoring & American Manufacturing
 15 77 62 744 20
Space Economy
Satellite Communications
 15 65 50 452 16
Electric Vehicles
EV Charging Infrastructure
 14 74 60 904 21
Artificial Intelligence
AI Software & Applications
 13 69 56 561 85
Carbon & Pollution Control
 13 109 96 1,468 23
Future of Education
 12 103 91 896 77
Genomics & Gene Editing
 12 128 116 2,092 199
Artificial Intelligence
Agentic AI
 11 95 84 853 13
Cloud Computing
Edge Computing
 11 116 105 947 11
Defense Modernization
Military Shipbuilding
 11 88 77 1,048 6
Oil & Gas
Oilfield Services
 11 131 120 2,137 88
Nuclear Energy
Small Modular Reactors
 10 41 31 247 12
Sports Betting & iGaming
 10 50 40 361 29
Housing & Home Improvement
Homebuilders
 8 110 102 1,189 45
Data Centers & Digital Infrastructure
Liquid Cooling
 7 56 49 636 9
Oil & Gas
 7 116 109 3,153 361
Critical Minerals & Rare Earths
 5 77 72 488 60
Agriculture & Food Technology
Precision Agriculture
 5 80 75 973 4
Clean Energy
 4 126 122 2,039 134
Electrification & Grid
Energy Storage
 4 84 80 727 26
E-Commerce
Food Delivery
 4 66 62 430 12
Clean Energy
Wind
 4 17 13 103 9
Cannabis
 3 43 40 292 52
Artificial Intelligence
Chinese AI
 3 100 97 930 14
Quantum Computing
 0 102 102 1,714 19
Nuclear Energy
Uranium Mining & Enrichment
 0 45 45 306 20
Semiconductors
Analog & Power Semis
 -1 90 91 1,497 27
Space Economy
Launch Services
 -3 21 24 149 5
Digital Assets
Corporate Crypto Treasuries
 -5 63 68 537 63
Agriculture & Food Technology
 -7 134 141 1,646 79
Health & Wellness
 -7 118 125 1,954 78
Artificial Intelligence
AI Memory & HBM
 -8 94 102 827 12
Digital Assets
Bitcoin Miners
 -9 7 16 63 40
Electric Vehicles
 -9 131 140 2,162 124
Cybersecurity
Identity Security
 -11 47 58 271 15
Agriculture & Food Technology
Plant-Based Foods
 -13 65 78 698 17
Cybersecurity
Agentic AI Security
 -14 88 102 546 2
Streaming & Digital Media
News Media
 -16 94 110 931 26
Digital Payments & Fintech
Buy Now Pay Later
 -19 33 52 234 13
Artificial Intelligence
AI Inference Silicon
 -23 117 140 1,441 7
Genomics & Gene Editing
Gene Therapy
 -45 93 138 1,302 131
Oil & Gas
LNG
 -61 103 164 1,775 32