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
Cannabis
 89 134 45 527 52
Oil & Gas
LNG
 88 175 87 2,100 32
Semiconductors
Analog & Power Semis
 82 152 70 2,045 27
Artificial Intelligence
Agentic AI
 81 156 75 1,305 13
Housing & Home Improvement
Home & Garden Retail
 79 168 89 2,631 30
Genomics & Gene Editing
 78 161 83 2,501 199
Social Media & Creator Economy
 76 138 62 3,334 45
Electrification & Grid
Grid Equipment
 75 158 83 1,227 10
GLP-1 & Obesity
Obesity Second-Order Effects
 74 155 81 1,318 26
Clean Energy
 73 156 83 2,387 134
Data Centers & Digital Infrastructure
Liquid Cooling
 72 185 113 849 9
Artificial Intelligence
Chinese AI
 66 140 74 1,528 14
Video Games & Esports
 66 125 59 3,057 55
Carbon & Pollution Control
 65 167 102 1,690 23
Oil & Gas
 65 123 58 3,614 361
Reuse, Repair & Circular Economy
 65 162 97 1,974 68
Genomics & Gene Editing
Gene Therapy
 64 150 86 1,631 131
Housing & Home Improvement
 64 161 97 3,293 223
Small Business Economy
 62 162 100 2,154 58
Digital Payments & Fintech
Buy Now Pay Later
 61 123 62 429 13
Online Travel & Experiences
 58 161 103 1,581 32
Digital Payments & Fintech
 57 121 64 3,558 148
Cybersecurity
Identity Security
 57 111 54 498 15
Pet Economy
 57 156 99 2,647 34
SaaS & Enterprise Software
 57 112 55 3,551 266
Digital Health & Telemedicine
 54 151 97 2,174 84
E-Commerce
Marketplaces
 53 118 65 3,470 106
Internet of Things
 52 126 74 3,330 99
Oil & Gas
Oilfield Services
 52 169 117 2,418 88
Cloud Computing
 51 110 59 3,538 64
Medical Devices & Diagnostics
 51 122 71 3,383 342
E-Commerce
 50 120 70 3,594 240
Electrification & Grid
 50 167 117 1,816 59
Artificial Intelligence
 49 106 57 3,661 264
GLP-1 & Obesity
 49 127 78 2,998 92
Streaming & Digital Media
 49 139 90 3,516 120
Defense Modernization
 48 127 79 3,135 163
Health & Wellness
 47 135 88 2,294 78
Semiconductors
 42 120 78 3,378 178
Sin Stocks
Casinos
 41 141 100 1,307 24
E-Commerce
Food Delivery
 41 129 88 736 12
Electric Vehicles
 40 158 118 2,519 124
Sports Betting & iGaming
 39 79 40 498 29
Cybersecurity
Agentic AI Security
 38 94 56 695 2
Immunotherapy & Oncology
 38 98 60 3,294 388
Longevity & Aging Population
 37 130 93 1,755 60
Internet of Things
Wearables
 36 112 76 2,920 21
Agriculture & Food Technology
Plant-Based Foods
 35 98 63 857 17
Water
 35 138 103 2,520 67
Electric Vehicles
EV Charging Infrastructure
 34 108 74 1,146 21
Sin Stocks
Alcohol
 33 133 100 1,742 24
Cybersecurity
 33 128 95 2,690 85
Nuclear Energy
Uranium Mining & Enrichment
 32 67 35 382 20
Clean Energy
Hydrogen & Fuel Cells
 31 103 72 1,081 13
Luxury & Affluent Consumer
 31 130 99 1,452 40
Digital Assets
 29 143 114 1,690 160
Robotics & Automation
Warehouse & Logistics Robotics
 26 90 64 1,726 3
Clean Energy
Wind
 24 49 25 224 9
Nuclear Energy
Small Modular Reactors
 23 51 28 277 12
Robotics & Automation
 22 125 103 2,450 83
Streaming & Digital Media
News Media
 20 101 81 1,035 26
Digital Assets
Stablecoin Infrastructure
 20 105 85 1,394 9
Defense Modernization
Defense Tech & C4ISR
 18 126 108 2,297 53
Electrification & Grid
Energy Storage
 18 123 105 936 26
Water
Sanitation
 17 78 61 727 8
Data Centers & Digital Infrastructure
 16 157 141 2,056 78
Water
Water Infrastructure
 16 100 84 1,283 17
Data Centers & Digital Infrastructure
Interconnect & Colocation
 12 99 87 1,082 19
Virtual & Augmented Reality
 12 43 31 169 20
Space Economy
Satellite Communications
 11 65 54 554 16
Cloud Computing
Edge Computing
 10 86 76 1,000 11
Defense Modernization
Munitions Restocking
 10 118 108 2,096 11
Infrastructure & Construction
Green Building
 9 37 28 339 5
Autonomous Driving
 8 129 121 1,194 53
Energy Efficiency
 8 114 106 2,218 31
Future of Education
 8 98 90 1,096 77
Infrastructure & Construction
 7 120 113 2,498 127
Digital Assets
Bitcoin Miners
 6 17 11 82 40
Housing & Home Improvement
Homebuilders
 6 114 108 1,490 45
Lithium & Battery Materials
 6 92 86 790 47
Autonomous Driving
Ride-Hailing & Shared Mobility
 5 5 – 7 14
Semiconductors
Advanced Packaging
 4 82 78 903 10
Digital Payments & Fintech
Neobanks
 3 70 67 784 25
Nuclear Energy
 3 120 117 2,049 61
3D Printing & Additive Manufacturing
 2 98 96 1,238 20
Agriculture & Food Technology
 1 137 136 2,078 79
Copper & Industrial Metals
 1 112 111 1,856 79
Data Centers & Digital Infrastructure
Power for AI
 1 107 106 1,260 22
Gold & Precious Metals
Gold & Silver Miners
 0 90 90 1,329 124
Clean Energy
Solar
 0 79 79 703 54
Gold & Precious Metals
 -1 90 91 1,344 133
Quantum Computing
 -2 90 92 1,946 19
Reshoring & American Manufacturing
 -3 74 77 798 20
Space Economy
 -3 108 111 1,964 64
Artificial Intelligence
AI Inference Silicon
 -4 102 106 1,506 7
Digital Assets
Corporate Crypto Treasuries
 -5 69 74 416 63
Critical Minerals & Rare Earths
 -6 75 81 651 60
Semiconductors
Photonics & Optical Interconnect
 -6 93 99 798 20
Internet of Things
Smart Home
 -6 85 91 771 17
Electrification & Grid
Transmission Buildout
 -6 59 65 637 6
Artificial Intelligence
AI Memory & HBM
 -8 114 122 1,303 12
Defense Modernization
Drones & Counter-Drone
 -8 96 104 1,321 30
Sin Stocks
Firearms
 -10 69 79 559 12
Space Economy
Launch Services
 -12 24 36 198 5
Robotics & Automation
Industrial Automation
 -13 100 113 2,228 16
Agriculture & Food Technology
Precision Agriculture
 -14 94 108 1,220 4
Sin Stocks
 -16 126 142 2,709 78
Artificial Intelligence
AI Software & Applications
 -19 57 76 541 85
Semiconductors
Semicap & Lithography
 -34 120 154 1,639 21
Defense Modernization
Military Shipbuilding
 -37 84 121 1,324 6
Sin Stocks
Tobacco & Nicotine
 -47 98 145 1,973 13