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
E-Commerce
 327 444 117 3,892 240
Cloud Computing
 309 405 96 3,807 64
Digital Payments & Fintech
 309 426 117 3,828 148
Artificial Intelligence
 304 412 108 3,905 264
E-Commerce
Marketplaces
 302 429 127 3,758 106
SaaS & Enterprise Software
 300 407 107 3,819 266
Streaming & Digital Media
 296 414 118 3,788 120
Video Games & Esports
 295 398 103 3,342 55
Social Media & Creator Economy
 284 402 118 3,584 45
Immunotherapy & Oncology
 271 360 89 3,531 388
Internet of Things
 250 403 153 3,578 99
Internet of Things
Wearables
 248 381 133 3,192 21
Defense Modernization
 247 384 137 3,344 163
Medical Devices & Diagnostics
 243 363 120 3,616 342
Internet of Things
Smart Home
 232 323 91 1,077 17
Oil & Gas
 229 362 133 3,796 361
GLP-1 & Obesity
 224 336 112 3,213 92
Semiconductors
 213 368 155 3,514 178
Housing & Home Improvement
 205 349 144 3,462 223
Pet Economy
 179 304 125 2,843 34
Cybersecurity
 175 314 139 2,884 85
Genomics & Gene Editing
 168 298 130 2,679 199
Water
 153 288 135 2,643 67
Housing & Home Improvement
Home & Garden Retail
 152 292 140 2,773 30
Digital Health & Telemedicine
 150 270 120 2,349 84
Digital Assets
 142 283 141 1,882 160
Digital Assets
Stablecoin Infrastructure
 136 248 112 1,570 9
Oil & Gas
LNG
 128 285 157 2,227 32
Nuclear Energy
 128 267 139 2,162 61
Electrification & Grid
Energy Storage
 121 207 86 1,006 26
Health & Wellness
 114 243 129 2,444 78
Electric Vehicles
 110 313 203 2,570 124
Infrastructure & Construction
 110 296 186 2,608 127
Small Business Economy
 107 286 179 2,264 58
Sin Stocks
 106 312 206 2,773 78
Artificial Intelligence
Agentic AI
 105 248 143 1,475 13
Robotics & Automation
Industrial Automation
 88 245 157 2,327 16
Defense Modernization
Munitions Restocking
 85 260 175 2,178 11
Robotics & Automation
Warehouse & Logistics Robotics
 84 203 119 1,806 3
Agriculture & Food Technology
 83 233 150 2,127 79
Gold & Precious Metals
 81 216 135 1,385 133
Gold & Precious Metals
Gold & Silver Miners
 81 216 135 1,369 124
Longevity & Aging Population
 80 211 131 1,823 60
Online Travel & Experiences
 77 221 144 1,652 32
Energy Efficiency
 75 243 168 2,301 31
Autonomous Driving
 73 207 134 1,208 53
Cannabis
 72 181 109 699 52
Clean Energy
 72 266 194 2,465 134
Clean Energy
Hydrogen & Fuel Cells
 72 168 96 1,198 13
Genomics & Gene Editing
Gene Therapy
 70 207 137 1,722 131
Robotics & Automation
 69 246 177 2,519 83
Agriculture & Food Technology
Precision Agriculture
 67 161 94 1,258 4
Electrification & Grid
 66 238 172 1,859 59
Cybersecurity
Identity Security
 59 138 79 608 15
Sin Stocks
Tobacco & Nicotine
 59 230 171 1,984 13
Defense Modernization
Defense Tech & C4ISR
 58 242 184 2,345 53
Water
Water Infrastructure
 56 169 113 1,355 17
Space Economy
 55 248 193 2,039 64
Sin Stocks
Alcohol
 50 231 181 1,774 24
Artificial Intelligence
AI Software & Applications
 39 113 74 604 85
Reuse, Repair & Circular Economy
 39 232 193 1,994 68
Semiconductors
Photonics & Optical Interconnect
 37 167 130 868 20
Semiconductors
Analog & Power Semis
 35 229 194 2,015 27
Future of Education
 35 154 119 1,103 77
Space Economy
Satellite Communications
 31 89 58 578 16
3D Printing & Additive Manufacturing
 30 159 129 1,275 20
Data Centers & Digital Infrastructure
 30 221 191 2,122 78
Data Centers & Digital Infrastructure
Interconnect & Colocation
 29 140 111 1,154 19
Artificial Intelligence
Chinese AI
 27 224 197 1,543 14
Electric Vehicles
EV Charging Infrastructure
 24 161 137 1,184 21
Cloud Computing
Edge Computing
 23 133 110 1,004 11
Critical Minerals & Rare Earths
 21 109 88 679 60
Agriculture & Food Technology
Plant-Based Foods
 21 127 106 922 17
Sin Stocks
Firearms
 20 94 74 563 12
Semiconductors
Advanced Packaging
 15 113 98 955 10
Carbon & Pollution Control
 14 185 171 1,667 23
Housing & Home Improvement
Homebuilders
 12 190 178 1,460 45
Nuclear Energy
Small Modular Reactors
 12 45 33 273 12
Lithium & Battery Materials
 11 120 109 795 47
Data Centers & Digital Infrastructure
Liquid Cooling
 10 113 103 871 9
Copper & Industrial Metals
 8 203 195 1,843 79
Streaming & Digital Media
News Media
 7 131 124 1,038 26
Cybersecurity
Agentic AI Security
 6 123 117 742 2
Nuclear Energy
Uranium Mining & Enrichment
 6 57 51 389 20
Digital Payments & Fintech
Buy Now Pay Later
 4 91 87 427 13
Digital Assets
Corporate Crypto Treasuries
 4 62 58 410 63
Digital Payments & Fintech
Neobanks
 3 109 106 798 25
Clean Energy
Wind
 3 41 38 222 9
Quantum Computing
 2 216 214 1,909 19
Digital Assets
Bitcoin Miners
 0 20 20 73 40
Autonomous Driving
Ride-Hailing & Shared Mobility
 0 2 2 11 14
Semiconductors
Semicap & Lithography
 -6 174 180 1,530 21
Electrification & Grid
Grid Equipment
 -7 149 156 1,251 10
Artificial Intelligence
AI Inference Silicon
 -8 162 170 1,525 7
Sin Stocks
Casinos
 -8 171 179 1,252 24
Space Economy
Launch Services
 -8 32 40 226 5
Artificial Intelligence
AI Memory & HBM
 -9 185 194 1,215 12
Infrastructure & Construction
Green Building
 -9 58 67 360 5
Virtual & Augmented Reality
 -12 27 39 147 20
GLP-1 & Obesity
Obesity Second-Order Effects
 -13 175 188 1,310 26
Water
Sanitation
 -13 84 97 742 8
Reshoring & American Manufacturing
 -14 108 122 798 20
Defense Modernization
Drones & Counter-Drone
 -15 161 176 1,317 30
Luxury & Affluent Consumer
 -16 184 200 1,436 40
Clean Energy
Solar
 -17 90 107 664 54
Data Centers & Digital Infrastructure
Power for AI
 -18 148 166 1,256 22
Sports Betting & iGaming
 -23 73 96 488 29
Defense Modernization
Military Shipbuilding
 -35 141 176 1,277 6
Electrification & Grid
Transmission Buildout
 -39 71 110 583 6
E-Commerce
Food Delivery
 -67 123 190 646 12
Oil & Gas
Oilfield Services
 -154 200 354 2,199 88