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

3D Printing & Additive Manufacturing

Agriculture & Food Technology

Artificial Intelligence

Autonomous Driving

Cannabis

Carbon & Pollution Control

Clean Energy

Cloud Computing

Copper & Industrial Metals

Critical Minerals & Rare Earths

Cybersecurity

Data Centers & Digital Infrastructure

Defense Modernization

Digital Assets

Digital Health & Telemedicine

Digital Payments & Fintech

E-Commerce

Electric Vehicles

Electrification & Grid

Energy Efficiency

Future of Education

Genomics & Gene Editing

GLP-1 & Obesity

Gold & Precious Metals

Health & Wellness

Housing & Home Improvement

Immunotherapy & Oncology

Infrastructure & Construction

Internet of Things

Lithium & Battery Materials

Longevity & Aging Population

Luxury & Affluent Consumer

Medical Devices & Diagnostics

Nuclear Energy

Oil & Gas

Online Travel & Experiences

Pet Economy

Quantum Computing

Reshoring & American Manufacturing

Reuse, Repair & Circular Economy

Robotics & Automation

SaaS & Enterprise Software

Semiconductors

Sin Stocks

Small Business Economy

Social Media & Creator Economy

Space Economy

Sports Betting & iGaming

Streaming & Digital Media

Video Games & Esports

Virtual & Augmented Reality

Water

Cloud Computing

Edge Computing

net reduced positions

161 increased 636 reduced

Internet of Things

Wearables

net reduced positions

955 increased 1,367 reduced

Internet of Things

99 stocks · 2 sub-themes

net reduced positions

1,166 increased 1,540 reduced

Digital Payments & Fintech

148 stocks · 2 sub-themes

net reduced positions

1,300 increased 1,655 reduced

Electric Vehicles

EV Charging Infrastructure

net reduced positions

278 increased 595 reduced

Defense Modernization

163 stocks · 4 sub-themes

net reduced positions

1,164 increased 1,452 reduced

Electric Vehicles

124 stocks · 1 sub-theme

net reduced positions

861 increased 1,136 reduced

Health & Wellness

net reduced positions

724 increased 977 reduced

Quantum Computing

net reduced positions

599 increased 852 reduced

GLP-1 & Obesity

92 stocks · 1 sub-theme

net reduced positions

1,111 increased 1,320 reduced

Video Games & Esports

net reduced positions

1,104 increased 1,301 reduced

Carbon & Pollution Control

net reduced positions

528 increased 711 reduced

Marketplaces

net reduced positions

1,347 increased 1,518 reduced

Immunotherapy & Oncology

net reduced positions

1,310 increased 1,457 reduced

Clean Energy

134 stocks · 3 sub-themes

net reduced positions

851 increased 996 reduced

E-Commerce

240 stocks · 2 sub-themes

net reduced positions

1,438 increased 1,562 reduced

Reuse, Repair & Circular Economy

net reduced positions

665 increased 783 reduced

Small Business Economy

net reduced positions

701 increased 809 reduced

Digital Assets

160 stocks · 4 sub-themes

net reduced positions

503 increased 607 reduced

Stablecoin Infrastructure

net reduced positions

386 increased 489 reduced

Artificial Intelligence

AI Inference Silicon

net reduced positions

552 increased 640 reduced

Infrastructure & Construction

127 stocks · 1 sub-theme

net reduced positions

914 increased 998 reduced

Cloud Computing

64 stocks · 1 sub-theme

net reduced positions

1,438 increased 1,515 reduced

Artificial Intelligence

264 stocks · 6 sub-themes

net reduced positions

1,513 increased 1,581 reduced

GLP-1 & Obesity

Obesity Second-Order Effects

net reduced positions

411 increased 473 reduced

Agriculture & Food Technology

79 stocks · 2 sub-themes

net reduced positions

689 increased 750 reduced

Pet Economy

net reduced positions

1,030 increased 1,091 reduced

Data Centers & Digital Infrastructure

Liquid Cooling

net reduced positions

224 increased 265 reduced

Nuclear Energy

61 stocks · 2 sub-themes

net reduced positions

765 increased 805 reduced

Reshoring & American Manufacturing

net reduced positions

248 increased 288 reduced

Luxury & Affluent Consumer

net reduced positions

484 increased 519 reduced

Sanitation

net reduced positions

212 increased 245 reduced

Housing & Home Improvement

Homebuilders

net reduced positions

513 increased 544 reduced

Data Centers & Digital Infrastructure

Power for AI

net reduced positions

432 increased 462 reduced

Semicap & Lithography

net reduced positions

562 increased 590 reduced

Agriculture & Food Technology

Precision Agriculture

net reduced positions

382 increased 406 reduced

Defense Modernization

Drones & Counter-Drone

net reduced positions

424 increased 447 reduced

Internet of Things

Smart Home

net reduced positions

230 increased 253 reduced

Defense Modernization

Munitions Restocking

net reduced positions

786 increased 806 reduced

Alcohol

net reduced positions

609 increased 628 reduced

Digital Health & Telemedicine

net reduced positions

793 increased 810 reduced

Cannabis

net reduced positions

112 increased 127 reduced

3D Printing & Additive Manufacturing

net reduced positions

429 increased 443 reduced

Firearms

net reduced positions

187 increased 200 reduced

Defense Modernization

Military Shipbuilding

net reduced positions

457 increased 469 reduced

Critical Minerals & Rare Earths

net reduced positions

199 increased 209 reduced

Copper & Industrial Metals

net reduced positions

674 increased 679 reduced

SaaS & Enterprise Software

net reduced positions

1,470 increased 1,474 reduced

Bitcoin Miners

net reduced positions

13 increased 16 reduced

Small Modular Reactors

net reduced positions

83 increased 86 reduced

Uranium Mining & Enrichment

net reduced positions

106 increased 109 reduced

Electrification & Grid

Grid Equipment

net reduced positions

388 increased 387 reduced

Water Infrastructure

net reduced positions

433 increased 431 reduced

Digital Payments & Fintech

Buy Now Pay Later

net reduced positions

98 increased 95 reduced

Robotics & Automation

Industrial Automation

net reduced positions

865 increased 861 reduced

Sports Betting & iGaming

net reduced positions

145 increased 139 reduced

Wind

net reduced positions

65 increased 59 reduced

Identity Security

net reduced positions

118 increased 111 reduced

Infrastructure & Construction

Green Building

net reduced positions

103 increased 95 reduced

Agentic AI Security

net reduced positions

202 increased 193 reduced

Robotics & Automation

83 stocks · 3 sub-themes

net reduced positions

954 increased 945 reduced

Semiconductors

178 stocks · 4 sub-themes

net reduced positions

1,421 increased 1,409 reduced

Digital Payments & Fintech

Neobanks

net reduced positions

263 increased 249 reduced

Energy Efficiency

net reduced positions

857 increased 842 reduced

Online Travel & Experiences

net reduced positions

606 increased 591 reduced

Future of Education

net reduced positions

398 increased 382 reduced

Advanced Packaging

net reduced positions

326 increased 308 reduced

Artificial Intelligence

AI Memory & HBM

net reduced positions

419 increased 401 reduced

Corporate Crypto Treasuries

net reduced positions

152 increased 133 reduced

Lithium & Battery Materials

net reduced positions

272 increased 253 reduced

Virtual & Augmented Reality

net reduced positions

49 increased 29 reduced

Artificial Intelligence

AI Software & Applications

net reduced positions

219 increased 198 reduced

Launch Services

net reduced positions

74 increased 53 reduced

Streaming & Digital Media

News Media

net reduced positions

356 increased 332 reduced

Defense Modernization

Defense Tech & C4ISR

net reduced positions

884 increased 859 reduced

LNG

net reduced positions

762 increased 735 reduced

Satellite Communications

net reduced positions

197 increased 161 reduced

Hydrogen & Fuel Cells

net reduced positions

350 increased 313 reduced

Photonics & Optical Interconnect

net reduced positions

315 increased 273 reduced

Robotics & Automation

Warehouse & Logistics Robotics

net reduced positions

614 increased 570 reduced

Electrification & Grid

Transmission Buildout

net reduced positions

236 increased 189 reduced

Agriculture & Food Technology

Plant-Based Foods

net reduced positions

289 increased 241 reduced

Tobacco & Nicotine

net reduced positions

828 increased 774 reduced

Food Delivery

net reduced positions

227 increased 172 reduced

Solar

net reduced positions

248 increased 192 reduced

Artificial Intelligence

Chinese AI

net reduced positions

503 increased 440 reduced

Casinos

net reduced positions

471 increased 403 reduced

Data Centers & Digital Infrastructure

78 stocks · 3 sub-themes

net reduced positions

799 increased 727 reduced

Space Economy

64 stocks · 3 sub-themes

net reduced positions

741 increased 669 reduced

Sin Stocks

78 stocks · 4 sub-themes

net reduced positions

1,137 increased 1,061 reduced

Cybersecurity

85 stocks · 3 sub-themes

net reduced positions

1,093 increased 1,015 reduced

Housing & Home Improvement

223 stocks · 2 sub-themes

net reduced positions

1,379 increased 1,301 reduced

Genomics & Gene Editing

199 stocks · 1 sub-theme

net reduced positions

985 increased 905 reduced

Artificial Intelligence

Agentic AI

net reduced positions

432 increased 350 reduced

Analog & Power Semis

net reduced positions

765 increased 681 reduced

Autonomous Driving

53 stocks · 1 sub-theme

net reduced positions

438 increased 354 reduced

Gold & Precious Metals

133 stocks · 1 sub-theme

net reduced positions

501 increased 416 reduced

Oil & Gas

361 stocks · 2 sub-themes

net reduced positions

1,575 increased 1,487 reduced

Streaming & Digital Media

120 stocks · 1 sub-theme

net reduced positions

1,483 increased 1,395 reduced

Gold & Precious Metals

Gold & Silver Miners

net reduced positions

496 increased 407 reduced

Electrification & Grid

59 stocks · 3 sub-themes

net reduced positions

698 increased 596 reduced

Longevity & Aging Population

net reduced positions

740 increased 638 reduced

Housing & Home Improvement

Home & Garden Retail

net reduced positions

1,056 increased 952 reduced

Electrification & Grid

Energy Storage

net reduced positions

372 increased 260 reduced

Genomics & Gene Editing

Gene Therapy

net reduced positions

624 increased 494 reduced

Data Centers & Digital Infrastructure

Interconnect & Colocation

net reduced positions

443 increased 301 reduced

Oilfield Services

net reduced positions

1,053 increased 909 reduced

Medical Devices & Diagnostics

net reduced positions

1,684 increased 1,179 reduced

Water

67 stocks · 2 sub-themes

net reduced positions

1,323 increased 565 reduced