Themes With The Most
Capital Flowing In

Funds Holding Holding in Top 10 Capital Flow
New Positions Closed Positions Increased Positions Reduced Positions
Call Options Put Options
Theme Capital
flow 		Last
quarter 		Total
invested 		Funds
holding 		Stocks
Digital Payments & Fintech
 +$58.1B +$13.6B $1.7T 3,825 148
Small Business Economy
 +$37.7B +$6.04B $329B 2,490 58
Defense Modernization
Defense Tech & C4ISR
 +$13.9B +$2.48B $268B 2,491 53
Defense Modernization
Munitions Restocking
 +$13.7B +$1.93B $200B 2,322 11
Defense Modernization
Drones & Counter-Drone
 +$13.5B +$1.41B $104B 1,562 30
E-Commerce
 +$13.2B +$87.4B $1.76T 3,914 240
Defense Modernization
 +$13.1B +$14.2B $801B 3,395 163
E-Commerce
Marketplaces
 +$11.9B +$73.3B $1.6T 3,802 106
Oil & Gas
Oilfield Services
 +$11.3B +$2.46B $128B 2,015 88
Oil & Gas
 +$10.9B +$15.9B $1.31T 3,734 361
Artificial Intelligence
Agentic AI
 +$10.5B +$5.46B $158B 1,620 13
Oil & Gas
LNG
 +$10.3B -$1.17B $172B 2,194 32
Artificial Intelligence
Chinese AI
 +$10.2B +$17.8B $221B 1,617 14
SaaS & Enterprise Software
 +$8.59B +$42.5B $2.12T 3,839 266
Artificial Intelligence
 +$8.04B +$59.3B $2.66T 3,882 264
Nuclear Energy
 +$3.38B +$4.8B $207B 2,275 61
Gold & Precious Metals
 +$3.34B +$5.72B $120B 1,494 133
Gold & Precious Metals
Gold & Silver Miners
 +$3.32B +$5.65B $119B 1,478 124
Cloud Computing
 +$3.28B +$52.6B $2.31T 3,812 64
Carbon & Pollution Control
 +$3.26B +$2.24B $57.8B 1,603 23
Cybersecurity
Identity Security
 +$2.14B +$1.19B $15B 726 15
Longevity & Aging Population
 +$2.08B +$18.2B $180B 1,937 60
Cybersecurity
 +$1.93B +$6.15B $308B 2,984 85
Genomics & Gene Editing
 +$1.78B +$14B $398B 2,762 199
Future of Education
 +$1.74B +$2.62B $75.6B 1,151 77
Autonomous Driving
Ride-Hailing & Shared Mobility
 +$1.67B +$36.6B $31.7B 562 14
Data Centers & Digital Infrastructure
 +$1.51B +$3.07B $256B 2,234 78
Cloud Computing
Edge Computing
 +$1.13B +$240M $31.6B 1,047 11
Online Travel & Experiences
 +$897M +$744M $132B 1,695 32
Streaming & Digital Media
 +$890M +$38.5B $1.68T 3,810 120
Digital Health & Telemedicine
 +$868M +$5.36B $261B 2,425 84
Semiconductors
Photonics & Optical Interconnect
 +$790M +$105M $17B 918 20
Clean Energy
Solar
 +$741M +$883M $15.1B 802 54
Autonomous Driving
 +$662M +$38.6B $84.6B 1,304 53
Health & Wellness
 +$529M +$2.31B $162B 2,533 78
3D Printing & Additive Manufacturing
 +$510M +$130M $43.1B 1,167 20
Genomics & Gene Editing
Gene Therapy
 +$499M +$1.57B $70.2B 1,754 131
Cannabis
 +$495M +$837M $6.88B 880 52
Data Centers & Digital Infrastructure
Interconnect & Colocation
 +$490M +$819M $96.3B 1,253 19
Housing & Home Improvement
Homebuilders
 +$400M +$778M $92.4B 1,510 45
Sports Betting & iGaming
 +$397M +$990M $12.1B 555 29
Medical Devices & Diagnostics
 +$360M +$16.8B $1.33T 3,616 342
Water
Sanitation
 +$359M +$249M $15.4B 769 8
Cybersecurity
Agentic AI Security
 +$300M +$237M $16.1B 745 2
Internet of Things
Smart Home
 +$294M +$490M $27.6B 1,037 17
Data Centers & Digital Infrastructure
Liquid Cooling
 +$280M +$239M $18.4B 873 9
Agriculture & Food Technology
Plant-Based Foods
 +$280M +$671M $21.1B 892 17
E-Commerce
Food Delivery
 +$236M +$37.3B $55B 876 12
Artificial Intelligence
AI Software & Applications
 +$212M +$352M $9.86B 606 85
Water
Water Infrastructure
 +$209M +$445M $69.4B 1,374 17
Quantum Computing
 +$179M +$1.32B $73.5B 1,963 19
Nuclear Energy
Small Modular Reactors
 +$140M +$44.7M $2.17B 263 12
Nuclear Energy
Uranium Mining & Enrichment
 +$121M +$63.5M $2.44B 353 20
Digital Payments & Fintech
Neobanks
 +$100M -$523M $17.7B 784 25
Artificial Intelligence
AI Memory & HBM
 +$95.3M +$140M $69.3B 1,263 12
Lithium & Battery Materials
 +$86.7M +$224M $9.66B 778 47
Digital Assets
 +$35.1M +$4B $123B 1,956 160
Streaming & Digital Media
News Media
 +$16.9M +$2.54B $59.4B 1,198 26
Digital Assets
Bitcoin Miners
 +$15.2M +$6.31M $276M 87 40
Digital Assets
Crypto Exchanges
 -$2.2M +$159M $65.2M 49 7
Electrification & Grid
Transmission Buildout
 -$10.1M -$4.48M $10.1B 629 6
Virtual & Augmented Reality
 -$12.2M +$84.2M $500M 118 20
Clean Energy
Wind
 -$25.8M +$84.5M $750M 216 9
Electrification & Grid
Grid Equipment
 -$42.9M +$121M $34.1B 1,260 10
Space Economy
Launch Services
 -$82.6M +$42.6M $4.37B 256 5
Infrastructure & Construction
Green Building
 -$94.9M +$481M $6.27B 365 5
Luxury & Affluent Consumer
 -$124M +$1.17B $89.6B 1,541 40
Critical Minerals & Rare Earths
 -$133M +$239M $6.01B 631 60
Defense Modernization
Military Shipbuilding
 -$138M +$567M $63.7B 1,302 6
Sin Stocks
Firearms
 -$154M +$161M $4.42B 539 12
Semiconductors
Semicap & Lithography
 -$191M +$884M $124B 1,660 21
Semiconductors
Advanced Packaging
 -$195M -$532M $50.9B 971 10
Digital Assets
Corporate Crypto Treasuries
 -$205M +$169M $1.99B 362 63
Agriculture & Food Technology
 -$209M +$15.7B $157B 2,193 79
Data Centers & Digital Infrastructure
Power for AI
 -$210M +$780M $41.9B 1,298 22
Digital Payments & Fintech
Buy Now Pay Later
 -$239M +$308M $6.37B 458 13
Electric Vehicles
EV Charging Infrastructure
 -$242M -$298M $15.8B 1,175 21
Digital Assets
Stablecoin Infrastructure
 -$257M +$2.21B $99.3B 1,671 9
Water
 -$423M -$18.9B $205B 2,415 67
Space Economy
Satellite Communications
 -$436M -$137M $9.42B 562 16
Copper & Industrial Metals
 -$519M +$330M $99.8B 1,748 79
Semiconductors
Analog & Power Semis
 -$525M +$608M $197B 2,101 27
Sin Stocks
Alcohol
 -$542M +$2.15B $76.8B 1,840 24
Reshoring & American Manufacturing
 -$570M -$347M $15B 749 20
Agriculture & Food Technology
Precision Agriculture
 -$633M +$161M $39B 1,253 4
Electrification & Grid
Energy Storage
 -$799M +$892M $27.1B 917 26
Clean Energy
Hydrogen & Fuel Cells
 -$803M -$242M $41.8B 1,276 13
Robotics & Automation
Warehouse & Logistics Robotics
 -$1.03B +$828M $91.6B 1,873 3
Sin Stocks
Casinos
 -$1.06B +$4.19B $78.7B 1,248 24
Space Economy
 -$1.13B +$1.63B $166B 2,220 64
Electrification & Grid
 -$1.22B +$1.35B $84.3B 1,826 59
GLP-1 & Obesity
Obesity Second-Order Effects
 -$1.31B +$923M $56.2B 1,320 26
Clean Energy
 -$1.5B +$382M $152B 2,544 134
Social Media & Creator Economy
 -$1.51B +$37B $1.74T 3,612 45
Energy Efficiency
 -$1.57B -$1.6B $183B 2,356 31
Immunotherapy & Oncology
 -$1.82B +$13.7B $1.04T 3,502 388
Electric Vehicles
 -$1.84B +$1.84B $213B 2,524 124
Pet Economy
 -$2.03B +$18.1B $367B 2,896 34
Robotics & Automation
Industrial Automation
 -$2.1B +$914M $159B 2,355 16
Reuse, Repair & Circular Economy
 -$2.12B +$2.03B $132B 2,025 68
Robotics & Automation
 -$2.39B +$1.97B $211B 2,542 83
Housing & Home Improvement
 -$2.49B +$5.56B $630B 3,506 223
Sin Stocks
Tobacco & Nicotine
 -$2.53B +$1.63B $141B 1,922 13
Housing & Home Improvement
Home & Garden Retail
 -$3.19B +$2.28B $289B 2,830 30
Internet of Things
Wearables
 -$4B -$388M $627B 3,178 21
Sin Stocks
 -$4.18B +$8.24B $303B 2,774 78
Infrastructure & Construction
 -$4.23B +$6.04B $235B 2,628 127
Video Games & Esports
 -$4.39B +$11.9B $898B 3,427 55
Artificial Intelligence
AI Inference Silicon
 -$5.37B +$2.69B $70B 1,545 7
GLP-1 & Obesity
 -$7.29B -$3.48B $530B 3,173 92
Internet of Things
 -$10.2B +$3.11B $840B 3,521 99
Semiconductors
 -$11.6B +$9.06B $1.21T 3,478 178