Themes Most Commonly
Held In Funds’ Top 10

Funds Holding Holding in Top 10 Capital Flow
New Positions Closed Positions Increased Positions Reduced Positions
Call Options Put Options
Theme Holding in
top 10 		Growth Growth % Funds
holding 		Stocks
Artificial Intelligence
 2,150 +69 +3% 3,661 264
E-Commerce
 2,060 +93 +5% 3,594 240
Cloud Computing
 2,047 +56 +3% 3,538 64
Digital Payments & Fintech
 1,971 +36 +2% 3,558 148
E-Commerce
Marketplaces
 1,960 +84 +4% 3,470 106
Social Media & Creator Economy
 1,872 +127 +7% 3,334 45
SaaS & Enterprise Software
 1,855 +45 +2% 3,551 266
Internet of Things
 1,657 +71 +4% 3,330 99
Streaming & Digital Media
 1,618 +177 +12% 3,516 120
Internet of Things
Wearables
 1,415 +57 +4% 2,920 21
Video Games & Esports
 1,403 +85 +6% 3,057 55
Oil & Gas
 1,350 +213 +19% 3,614 361
Medical Devices & Diagnostics
 1,144 -47 -4% 3,383 342
Immunotherapy & Oncology
 1,066 -88 -8% 3,294 388
Semiconductors
 964 -167 -15% 3,378 178
Housing & Home Improvement
 712 +66 +10% 3,293 223
Defense Modernization
 554 -79 -12% 3,135 163
GLP-1 & Obesity
 487 +30 +7% 2,998 92
Cybersecurity
 419 -26 -6% 2,690 85
Housing & Home Improvement
Home & Garden Retail
 389 +82 +27% 2,631 30
Artificial Intelligence
Chinese AI
 290 +34 +13% 1,528 14
Genomics & Gene Editing
 285 -26 -8% 2,501 199
Sin Stocks
 282 -66 -19% 2,709 78
Electric Vehicles
 280 +10 +4% 2,519 124
Digital Health & Telemedicine
 273 +59 +28% 2,174 84
Water
 239 -4 -2% 2,520 67
Pet Economy
 236 +22 +10% 2,647 34
Small Business Economy
 232 +21 +10% 2,154 58
Infrastructure & Construction
 209 -41 -16% 2,498 127
Data Centers & Digital Infrastructure
 179 +3 +2% 2,056 78
Oil & Gas
Oilfield Services
 176 +22 +14% 2,418 88
Reuse, Repair & Circular Economy
 174 +2 +1% 1,974 68
Clean Energy
 169 +14 +9% 2,387 134
Health & Wellness
 165 -2 -1% 2,294 78
Robotics & Automation
 161 -27 -14% 2,450 83
Online Travel & Experiences
 153 -6 -4% 1,581 32
Oil & Gas
LNG
 151 +32 +27% 2,100 32
Defense Modernization
Defense Tech & C4ISR
 147 -28 -16% 2,297 53
Nuclear Energy
 145 0 0% 2,049 61
Digital Assets
 142 +14 +11% 1,690 160
Agriculture & Food Technology
 132 +2 +2% 2,078 79
Energy Efficiency
 131 -18 -12% 2,218 31
Copper & Industrial Metals
 130 -6 -4% 1,856 79
Semiconductors
Analog & Power Semis
 122 -5 -4% 2,045 27
Robotics & Automation
Industrial Automation
 118 -21 -15% 2,228 16
Future of Education
 117 -5 -4% 1,096 77
Housing & Home Improvement
Homebuilders
 114 +1 +0.9% 1,490 45
Defense Modernization
Munitions Restocking
 112 -21 -16% 2,096 11
Space Economy
 112 -45 -29% 1,964 64
Sin Stocks
Casinos
 110 -14 -11% 1,307 24
Digital Assets
Stablecoin Infrastructure
 110 +8 +8% 1,394 9
Artificial Intelligence
Agentic AI
 98 +11 +13% 1,305 13
Sin Stocks
Alcohol
 97 -33 -25% 1,742 24
Longevity & Aging Population
 96 +8 +9% 1,755 60
Genomics & Gene Editing
Gene Therapy
 82 -3 -4% 1,631 131
Gold & Precious Metals
 80 0 0% 1,344 133
Electrification & Grid
 79 +7 +10% 1,816 59
Streaming & Digital Media
News Media
 79 +1 +1% 1,035 26
Robotics & Automation
Warehouse & Logistics Robotics
 79 -12 -13% 1,726 3
Gold & Precious Metals
Gold & Silver Miners
 78 -2 -3% 1,329 124
Luxury & Affluent Consumer
 75 -7 -9% 1,452 40
Sin Stocks
Tobacco & Nicotine
 75 -25 -25% 1,973 13
Carbon & Pollution Control
 70 +15 +27% 1,690 23
GLP-1 & Obesity
Obesity Second-Order Effects
 70 0 0% 1,318 26
Artificial Intelligence
AI Inference Silicon
 68 +3 +5% 1,506 7
Data Centers & Digital Infrastructure
Interconnect & Colocation
 67 +4 +6% 1,082 19
Quantum Computing
 65 -27 -29% 1,946 19
Semiconductors
Semicap & Lithography
 65 -67 -51% 1,639 21
Autonomous Driving
 63 +7 +13% 1,194 53
Artificial Intelligence
AI Memory & HBM
 62 -36 -37% 1,303 12
E-Commerce
Food Delivery
 58 +1 +2% 736 12
Semiconductors
Advanced Packaging
 53 -23 -30% 903 10
Water
Water Infrastructure
 51 -9 -15% 1,283 17
Digital Payments & Fintech
Neobanks
 48 -10 -17% 784 25
Defense Modernization
Drones & Counter-Drone
 40 -17 -30% 1,321 30
Space Economy
Satellite Communications
 35 +1 +3% 554 16
Electrification & Grid
Energy Storage
 32 +7 +28% 936 26
Electric Vehicles
EV Charging Infrastructure
 32 +4 +14% 1,146 21
Cybersecurity
Agentic AI Security
 30 0 0% 695 2
3D Printing & Additive Manufacturing
 28 -2 -7% 1,238 20
Data Centers & Digital Infrastructure
Power for AI
 25 -1 -4% 1,260 22
Artificial Intelligence
AI Software & Applications
 23 0 0% 541 85
Semiconductors
Photonics & Optical Interconnect
 23 -1 -4% 798 20
Agriculture & Food Technology
Precision Agriculture
 23 -12 -34% 1,220 4
Clean Energy
Solar
 23 -1 -4% 703 54
Sports Betting & iGaming
 21 +7 +50% 498 29
Internet of Things
Smart Home
 20 +4 +25% 771 17
Defense Modernization
Military Shipbuilding
 18 -13 -42% 1,324 6
Critical Minerals & Rare Earths
 17 -2 -11% 651 60
Cloud Computing
Edge Computing
 17 -6 -26% 1,000 11
Cybersecurity
Identity Security
 17 -1 -6% 498 15
Reshoring & American Manufacturing
 17 -3 -15% 798 20
Electrification & Grid
Grid Equipment
 16 0 0% 1,227 10
Agriculture & Food Technology
Plant-Based Foods
 15 +2 +15% 857 17
Data Centers & Digital Infrastructure
Liquid Cooling
 14 -4 -22% 849 9
Electrification & Grid
Transmission Buildout
 14 0 0% 637 6
Clean Energy
Hydrogen & Fuel Cells
 13 -6 -32% 1,081 13
Lithium & Battery Materials
 13 +3 +30% 790 47
Water
Sanitation
 13 -6 -32% 727 8
Digital Payments & Fintech
Buy Now Pay Later
 10 -10 -50% 429 13
Cannabis
 9 +3 +50% 527 52
Digital Assets
Corporate Crypto Treasuries
 9 +5 +125% 416 63
Sin Stocks
Firearms
 9 -3 -25% 559 12
Nuclear Energy
Uranium Mining & Enrichment
 7 -1 -13% 382 20
Infrastructure & Construction
Green Building
 6 +3 +100% 339 5
Nuclear Energy
Small Modular Reactors
 6 0 0% 277 12
Virtual & Augmented Reality
 6 0 0% 169 20
Clean Energy
Wind
 5 +2 +67% 224 9
Space Economy
Launch Services
 4 0 0% 198 5
Digital Assets
Bitcoin Miners
 1 0 0% 82 40
Autonomous Driving
Ride-Hailing & Shared Mobility
 – – – 7 14