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

Water

67 stocks · 2 sub-themes

net reduced positions

577 increased 1,632 reduced

Medical Devices & Diagnostics

net reduced positions

1,376 increased 1,964 reduced

Genomics & Gene Editing

Gene Therapy

net reduced positions

507 increased 1,027 reduced

Internet of Things

Wearables

net reduced positions

1,178 increased 1,667 reduced

Internet of Things

99 stocks · 2 sub-themes

net reduced positions

1,382 increased 1,841 reduced

Digital Payments & Fintech

148 stocks · 2 sub-themes

net reduced positions

1,587 increased 1,942 reduced

Genomics & Gene Editing

199 stocks · 1 sub-theme

net reduced positions

1,055 increased 1,359 reduced

Artificial Intelligence

AI Inference Silicon

net reduced positions

464 increased 716 reduced

Cybersecurity

85 stocks · 3 sub-themes

net reduced positions

1,203 increased 1,434 reduced

Semiconductors

178 stocks · 4 sub-themes

net reduced positions

1,502 increased 1,717 reduced

GLP-1 & Obesity

92 stocks · 1 sub-theme

net reduced positions

1,325 increased 1,529 reduced

Video Games & Esports

net reduced positions

1,437 increased 1,641 reduced

Tobacco & Nicotine

net reduced positions

760 increased 961 reduced

Energy Efficiency

net reduced positions

892 increased 1,063 reduced

Health & Wellness

net reduced positions

952 increased 1,119 reduced

Stablecoin Infrastructure

net reduced positions

595 increased 747 reduced

Immunotherapy & Oncology

net reduced positions

1,556 increased 1,695 reduced

Agriculture & Food Technology

Precision Agriculture

net reduced positions

371 increased 507 reduced

Defense Modernization

Drones & Counter-Drone

net reduced positions

448 increased 575 reduced

Defense Modernization

Munitions Restocking

net reduced positions

867 increased 977 reduced

Small Business Economy

net reduced positions

937 increased 1,044 reduced

Infrastructure & Construction

127 stocks · 1 sub-theme

net reduced positions

1,074 increased 1,175 reduced

Copper & Industrial Metals

net reduced positions

683 increased 783 reduced

3D Printing & Additive Manufacturing

net reduced positions

423 increased 522 reduced

Semicap & Lithography

net reduced positions

585 increased 681 reduced

Internet of Things

Smart Home

net reduced positions

340 increased 435 reduced

Artificial Intelligence

AI Memory & HBM

net reduced positions

418 increased 509 reduced

Digital Assets

160 stocks · 4 sub-themes

net reduced positions

748 increased 838 reduced

Hydrogen & Fuel Cells

net reduced positions

406 increased 491 reduced

Artificial Intelligence

264 stocks · 6 sub-themes

net reduced positions

1,769 increased 1,852 reduced

Robotics & Automation

Industrial Automation

net reduced positions

951 increased 1,029 reduced

Reshoring & American Manufacturing

net reduced positions

254 increased 332 reduced

SaaS & Enterprise Software

net reduced positions

1,752 increased 1,828 reduced

Housing & Home Improvement

Homebuilders

net reduced positions

545 increased 618 reduced

Pet Economy

net reduced positions

1,240 increased 1,309 reduced

Oilfield Services

net reduced positions

865 increased 930 reduced

Robotics & Automation

Warehouse & Logistics Robotics

net reduced positions

709 increased 774 reduced

GLP-1 & Obesity

Obesity Second-Order Effects

net reduced positions

459 increased 523 reduced

Housing & Home Improvement

223 stocks · 2 sub-themes

net reduced positions

1,530 increased 1,583 reduced

Sin Stocks

78 stocks · 4 sub-themes

net reduced positions

1,188 increased 1,237 reduced

Defense Modernization

Defense Tech & C4ISR

net reduced positions

985 increased 1,033 reduced

Data Centers & Digital Infrastructure

Power for AI

net reduced positions

488 increased 536 reduced

Robotics & Automation

83 stocks · 3 sub-themes

net reduced positions

1,062 increased 1,107 reduced

Cloud Computing

Edge Computing

net reduced positions

349 increased 390 reduced

Water Infrastructure

net reduced positions

507 increased 548 reduced

Data Centers & Digital Infrastructure

Liquid Cooling

net reduced positions

307 increased 340 reduced

Electrification & Grid

Grid Equipment

net reduced positions

490 increased 522 reduced

Reuse, Repair & Circular Economy

net reduced positions

827 increased 858 reduced

Quantum Computing

net reduced positions

777 increased 798 reduced

Critical Minerals & Rare Earths

net reduced positions

203 increased 219 reduced

Space Economy

64 stocks · 3 sub-themes

net reduced positions

836 increased 851 reduced

Digital Payments & Fintech

Neobanks

net reduced positions

280 increased 294 reduced

Analog & Power Semis

net reduced positions

844 increased 856 reduced

Housing & Home Improvement

Home & Garden Retail

net reduced positions

1,213 increased 1,225 reduced

Future of Education

net reduced positions

439 increased 450 reduced

Advanced Packaging

net reduced positions

362 increased 372 reduced

Luxury & Affluent Consumer

net reduced positions

605 increased 613 reduced

Sanitation

net reduced positions

273 increased 281 reduced

Electrification & Grid

Transmission Buildout

net reduced positions

228 increased 233 reduced

Streaming & Digital Media

News Media

net reduced positions

471 increased 475 reduced

Satellite Communications

net reduced positions

185 increased 188 reduced

Carbon & Pollution Control

net reduced positions

648 increased 649 reduced

Small Modular Reactors

net reduced positions

98 increased 99 reduced

Sports Betting & iGaming

net reduced positions

183 increased 184 reduced

Bitcoin Miners

net reduced positions

18 increased 18 reduced

LNG

net reduced positions

931 increased 930 reduced

Launch Services

net reduced positions

77 increased 73 reduced

Agriculture & Food Technology

Plant-Based Foods

net reduced positions

326 increased 320 reduced

Uranium Mining & Enrichment

net reduced positions

125 increased 119 reduced

Virtual & Augmented Reality

net reduced positions

37 increased 30 reduced

Infrastructure & Construction

Green Building

net reduced positions

133 increased 123 reduced

Corporate Crypto Treasuries

net reduced positions

126 increased 115 reduced

Firearms

net reduced positions

197 increased 183 reduced

Photonics & Optical Interconnect

net reduced positions

347 increased 333 reduced

Online Travel & Experiences

net reduced positions

670 increased 654 reduced

Lithium & Battery Materials

net reduced positions

314 increased 293 reduced

Defense Modernization

163 stocks · 4 sub-themes

net reduced positions

1,526 increased 1,500 reduced

Digital Payments & Fintech

Buy Now Pay Later

net reduced positions

163 increased 136 reduced

Alcohol

net reduced positions

746 increased 713 reduced

Cloud Computing

64 stocks · 1 sub-theme

net reduced positions

1,779 increased 1,743 reduced

Electric Vehicles

124 stocks · 1 sub-theme

net reduced positions

1,103 increased 1,067 reduced

Wind

net reduced positions

94 increased 58 reduced

Electric Vehicles

EV Charging Infrastructure

net reduced positions

461 increased 424 reduced

Identity Security

net reduced positions

268 increased 230 reduced

Electrification & Grid

59 stocks · 3 sub-themes

net reduced positions

774 increased 729 reduced

Solar

net reduced positions

276 increased 229 reduced

Artificial Intelligence

AI Software & Applications

net reduced positions

244 increased 194 reduced

Defense Modernization

Military Shipbuilding

net reduced positions

519 increased 466 reduced

Data Centers & Digital Infrastructure

78 stocks · 3 sub-themes

net reduced positions

933 increased 876 reduced

Electrification & Grid

Energy Storage

net reduced positions

368 increased 297 reduced

Agentic AI Security

net reduced positions

326 increased 249 reduced

Nuclear Energy

61 stocks · 2 sub-themes

net reduced positions

964 increased 876 reduced

Data Centers & Digital Infrastructure

Interconnect & Colocation

net reduced positions

527 increased 438 reduced

Casinos

net reduced positions

532 increased 438 reduced

Autonomous Driving

Ride-Hailing & Shared Mobility

net reduced positions

125 increased 31 reduced

Marketplaces

net reduced positions

1,792 increased 1,695 reduced

Clean Energy

134 stocks · 3 sub-themes

net reduced positions

1,129 increased 1,026 reduced

Oil & Gas

361 stocks · 2 sub-themes

net reduced positions

1,809 increased 1,663 reduced

Cannabis

net reduced positions

396 increased 226 reduced

E-Commerce

240 stocks · 2 sub-themes

net reduced positions

1,904 increased 1,713 reduced

Digital Health & Telemedicine

net reduced positions

1,119 increased 927 reduced

Food Delivery

net reduced positions

385 increased 182 reduced

Longevity & Aging Population

net reduced positions

867 increased 658 reduced

Artificial Intelligence

Chinese AI

net reduced positions

771 increased 543 reduced

Gold & Precious Metals

133 stocks · 1 sub-theme

net reduced positions

669 increased 434 reduced

Artificial Intelligence

Agentic AI

net reduced positions

758 increased 520 reduced

Gold & Precious Metals

Gold & Silver Miners

net reduced positions

665 increased 426 reduced

Autonomous Driving

53 stocks · 1 sub-theme

net reduced positions

603 increased 353 reduced

Streaming & Digital Media

120 stocks · 1 sub-theme

net reduced positions

1,963 increased 1,547 reduced

Agriculture & Food Technology

79 stocks · 2 sub-themes

net reduced positions

1,106 increased 639 reduced

Crypto Exchanges

net reduced positions

0 increased 0 reduced