Themes With The Most
Reduced Fund Positions

Funds Holding Holding in Top 10 Capital Flow
New Positions Closed Positions Increased Positions Reduced Positions
Call Options Put Options
Theme Net reduced
positions 		Reduced
positions 		Increased
positions 		Funds
holding 		Stocks
Cloud Computing
Edge Computing
 137 415 278 947 11
Small Business Economy
 127 785 658 1,738 58
Quantum Computing
 103 744 641 1,714 19
Housing & Home Improvement
Home & Garden Retail
 102 996 894 2,229 30
Oil & Gas
LNG
 100 799 699 1,775 32
Carbon & Pollution Control
 99 682 583 1,468 23
Agriculture & Food Technology
 94 712 618 1,646 79
Semiconductors
Analog & Power Semis
 94 671 577 1,497 27
Agriculture & Food Technology
Precision Agriculture
 84 414 330 973 4
Copper & Industrial Metals
 83 647 564 1,582 79
Genomics & Gene Editing
 67 915 848 2,092 199
Semiconductors
Semicap & Lithography
 60 472 412 1,147 21
Data Centers & Digital Infrastructure
Liquid Cooling
 55 263 208 636 9
Reuse, Repair & Circular Economy
 55 691 636 1,632 68
Defense Modernization
Drones & Counter-Drone
 52 393 341 1,022 30
Reshoring & American Manufacturing
 52 301 249 744 20
Defense Modernization
Munitions Restocking
 50 745 695 1,758 11
Electrification & Grid
Transmission Buildout
 50 212 162 496 6
Internet of Things
Smart Home
 48 235 187 617 17
Infrastructure & Construction
 46 933 887 2,151 127
GLP-1 & Obesity
Obesity Second-Order Effects
 43 445 402 1,132 26
Semiconductors
Advanced Packaging
 36 305 269 756 10
Electrification & Grid
Grid Equipment
 32 386 354 978 10
Data Centers & Digital Infrastructure
 31 702 671 1,690 78
Sin Stocks
Tobacco & Nicotine
 30 742 712 1,775 13
Defense Modernization
Military Shipbuilding
 28 411 383 1,048 6
Defense Modernization
Defense Tech & C4ISR
 27 799 772 1,891 53
Health & Wellness
 27 828 801 1,954 78
Data Centers & Digital Infrastructure
Power for AI
 27 400 373 1,005 22
Electric Vehicles
EV Charging Infrastructure
 21 336 315 904 21
Virtual & Augmented Reality
 21 48 27 142 20
Digital Assets
Stablecoin Infrastructure
 16 401 385 1,022 9
Gold & Precious Metals
 13 414 401 1,162 133
Gold & Precious Metals
Gold & Silver Miners
 10 408 398 1,148 124
Luxury & Affluent Consumer
 8 501 493 1,280 40
Streaming & Digital Media
News Media
 8 356 348 931 26
Defense Modernization
 5 1,246 1,241 2,769 163
Water
Water Infrastructure
 5 397 392 1,029 17
Clean Energy
 2 838 836 2,039 134
Critical Minerals & Rare Earths
 1 162 161 488 60
Space Economy
Launch Services
 -3 52 55 149 5
Electrification & Grid
 -4 558 562 1,431 59
Cybersecurity
Identity Security
 -4 90 94 271 15
Clean Energy
Solar
 -5 240 245 672 54
Digital Assets
Bitcoin Miners
 -6 19 25 63 40
Digital Payments & Fintech
Buy Now Pay Later
 -9 87 96 234 13
Clean Energy
Hydrogen & Fuel Cells
 -9 289 298 868 13
Robotics & Automation
 -9 847 856 2,024 83
Space Economy
 -10 596 606 1,573 64
Clean Energy
Wind
 -11 28 39 103 9
Artificial Intelligence
Agentic AI
 -12 335 347 853 13
Autonomous Driving
 -12 318 330 879 53
Agriculture & Food Technology
Plant-Based Foods
 -12 252 264 698 17
Digital Health & Telemedicine
 -13 672 685 1,674 84
Nuclear Energy
Small Modular Reactors
 -13 79 92 247 12
Artificial Intelligence
AI Software & Applications
 -14 194 208 561 85
Sports Betting & iGaming
 -15 124 139 361 29
Artificial Intelligence
Chinese AI
 -16 349 365 930 14
GLP-1 & Obesity
 -17 1,164 1,181 2,640 92
Digital Payments & Fintech
 -19 1,374 1,393 3,042 148
Robotics & Automation
Warehouse & Logistics Robotics
 -20 503 523 1,318 3
Infrastructure & Construction
Green Building
 -23 65 88 237 5
Medical Devices & Diagnostics
 -25 1,333 1,358 3,016 342
Housing & Home Improvement
Homebuilders
 -26 450 476 1,189 45
Oil & Gas
Oilfield Services
 -28 902 930 2,137 88
Energy Efficiency
 -29 742 771 1,846 31
Data Centers & Digital Infrastructure
Interconnect & Colocation
 -30 308 338 841 19
Pet Economy
 -30 986 1,016 2,331 34
Online Travel & Experiences
 -31 511 542 1,345 32
3D Printing & Additive Manufacturing
 -32 402 434 1,112 20
Nuclear Energy
Uranium Mining & Enrichment
 -32 83 115 306 20
Cannabis
 -33 88 121 292 52
Genomics & Gene Editing
Gene Therapy
 -33 506 539 1,302 131
Robotics & Automation
Industrial Automation
 -33 770 803 1,889 16
Digital Assets
Corporate Crypto Treasuries
 -34 178 212 537 63
Sin Stocks
 -39 996 1,035 2,374 78
Digital Assets
 -40 493 533 1,300 160
Electric Vehicles
 -40 914 954 2,162 124
Future of Education
 -41 318 359 896 77
Artificial Intelligence
AI Memory & HBM
 -45 296 341 827 12
Video Games & Esports
 -47 1,080 1,127 2,516 55
Lithium & Battery Materials
 -50 150 200 492 47
Sin Stocks
Firearms
 -55 174 229 555 12
Semiconductors
Photonics & Optical Interconnect
 -56 227 283 728 20
Digital Payments & Fintech
Neobanks
 -58 209 267 663 25
Sin Stocks
Casinos
 -61 331 392 965 24
Space Economy
Satellite Communications
 -61 123 184 452 16
Water
Sanitation
 -63 161 224 562 8
Cybersecurity
Agentic AI Security
 -65 169 234 546 2
E-Commerce
Food Delivery
 -74 120 194 430 12
Electrification & Grid
Energy Storage
 -83 218 301 727 26
Cloud Computing
 -84 1,322 1,406 2,984 64
SaaS & Enterprise Software
 -88 1,346 1,434 3,041 266
Longevity & Aging Population
 -89 575 664 1,536 60
Sin Stocks
Alcohol
 -91 534 625 1,461 24
Cybersecurity
 -97 932 1,029 2,248 85
Oil & Gas
 -101 1,398 1,499 3,153 361
Artificial Intelligence
AI Inference Silicon
 -118 550 668 1,441 7
Social Media & Creator Economy
 -119 1,205 1,324 2,789 45
Water
 -120 743 863 1,904 67
Streaming & Digital Media
 -148 1,260 1,408 2,939 120
Nuclear Energy
 -149 668 817 1,819 61
Semiconductors
 -172 1,213 1,385 2,873 178
Immunotherapy & Oncology
 -199 1,216 1,415 2,894 388
E-Commerce
 -209 1,308 1,517 3,095 240
Housing & Home Improvement
 -211 1,140 1,351 2,841 223
Internet of Things
Wearables
 -232 995 1,227 2,494 21
Artificial Intelligence
 -233 1,331 1,564 3,134 264
Internet of Things
 -235 1,153 1,388 2,818 99
E-Commerce
Marketplaces
 -239 1,231 1,470 2,973 106