Themes With The Most
Closed Fund Positions

Funds Holding Holding in Top 10 Capital Flow
New Positions Closed Positions Increased Positions Reduced Positions
Call Options Put Options
Theme Net closed
positions 		Closed
positions 		New
positions 		Funds
holding 		Stocks
Oil & Gas
LNG
 309 433 124 2,007 32
Oil & Gas
Oilfield Services
 294 405 111 1,752 88
Carbon & Pollution Control
 248 357 109 1,351 23
Oil & Gas
 205 328 123 3,760 361
Online Travel & Experiences
 198 365 167 1,524 32
Defense Modernization
Munitions Restocking
 185 327 142 2,283 11
Reuse, Repair & Circular Economy
 183 333 150 1,960 68
Clean Energy
 177 343 166 2,542 134
Infrastructure & Construction
 166 324 158 2,626 127
Longevity & Aging Population
 162 295 133 1,914 60
Defense Modernization
Defense Tech & C4ISR
 156 308 152 2,510 53
Energy Efficiency
 146 266 120 2,361 31
Sin Stocks
Tobacco & Nicotine
 144 229 85 1,937 13
Agriculture & Food Technology
 139 294 155 2,155 79
Sin Stocks
 136 311 175 2,790 78
Housing & Home Improvement
Homebuilders
 119 252 133 1,464 45
Sin Stocks
Alcohol
 115 263 148 1,773 24
Robotics & Automation
Warehouse & Logistics Robotics
 115 223 108 1,874 3
Robotics & Automation
 113 248 135 2,612 83
Water
 113 258 145 2,404 67
Robotics & Automation
Industrial Automation
 112 231 119 2,397 16
Semiconductors
Analog & Power Semis
 109 245 136 2,151 27
Electric Vehicles
EV Charging Infrastructure
 107 219 112 1,134 21
Cybersecurity
Agentic AI Security
 103 185 82 700 2
Streaming & Digital Media
News Media
 94 211 117 1,162 26
Data Centers & Digital Infrastructure
Power for AI
 93 193 100 1,306 22
Luxury & Affluent Consumer
 92 225 133 1,511 40
Sin Stocks
Casinos
 91 275 184 1,255 24
Nuclear Energy
 90 227 137 2,347 61
Electric Vehicles
 88 313 225 2,617 124
Agriculture & Food Technology
Precision Agriculture
 85 180 95 1,222 4
Copper & Industrial Metals
 83 251 168 1,765 79
Electrification & Grid
Grid Equipment
 72 171 99 1,288 10
Internet of Things
Smart Home
 72 191 119 1,024 17
Electrification & Grid
Transmission Buildout
 72 142 70 604 6
Quantum Computing
 71 215 144 1,974 19
Small Business Economy
 68 261 193 2,622 58
Defense Modernization
Military Shipbuilding
 65 174 109 1,309 6
Semiconductors
Semicap & Lithography
 64 214 150 1,748 21
Agriculture & Food Technology
Plant-Based Foods
 60 179 119 903 17
Data Centers & Digital Infrastructure
Liquid Cooling
 55 127 72 867 9
GLP-1 & Obesity
Obesity Second-Order Effects
 52 190 138 1,336 26
Lithium & Battery Materials
 51 150 99 761 47
Critical Minerals & Rare Earths
 49 121 72 611 60
Cybersecurity
 46 216 170 3,088 85
Defense Modernization
 42 238 196 3,543 163
Reshoring & American Manufacturing
 39 129 90 751 20
Space Economy
 39 199 160 2,302 64
Water
Sanitation
 38 120 82 758 8
Housing & Home Improvement
Home & Garden Retail
 35 210 175 2,991 30
Digital Payments & Fintech
Neobanks
 35 130 95 744 25
Data Centers & Digital Infrastructure
 29 240 211 2,388 78
Water
Water Infrastructure
 27 150 123 1,413 17
Sin Stocks
Firearms
 26 103 77 524 12
3D Printing & Additive Manufacturing
 25 152 127 1,209 20
Clean Energy
Hydrogen & Fuel Cells
 24 144 120 1,337 13
Artificial Intelligence
AI Memory & HBM
 23 175 152 1,390 12
Artificial Intelligence
AI Software & Applications
 23 100 77 621 85
Medical Devices & Diagnostics
 23 166 143 3,887 342
Genomics & Gene Editing
Gene Therapy
 21 155 134 1,839 131
Nuclear Energy
Small Modular Reactors
 20 48 28 260 12
Health & Wellness
 18 189 171 2,670 78
Gold & Precious Metals
Gold & Silver Miners
 17 186 169 1,570 124
Space Economy
Satellite Communications
 17 93 76 572 16
Artificial Intelligence
AI Inference Silicon
 16 189 173 1,670 7
Genomics & Gene Editing
 16 186 170 2,934 199
Gold & Precious Metals
 16 188 172 1,587 133
Housing & Home Improvement
 16 190 174 3,675 223
Nuclear Energy
Uranium Mining & Enrichment
 16 56 40 359 20
Digital Payments & Fintech
Buy Now Pay Later
 14 87 73 431 13
Semiconductors
Advanced Packaging
 12 132 120 1,086 10
Digital Assets
Bitcoin Miners
 11 26 15 68 40
GLP-1 & Obesity
 11 174 163 3,387 92
Defense Modernization
Drones & Counter-Drone
 9 153 144 1,638 30
Internet of Things
 8 164 156 3,805 99
Semiconductors
 7 175 168 3,732 178
Digital Assets
Corporate Crypto Treasuries
 6 61 55 337 63
Future of Education
 6 147 141 1,224 77
Pet Economy
 6 183 177 3,093 34
Clean Energy
Solar
 6 130 124 832 54
Clean Energy
Wind
 6 48 42 227 9
Digital Assets
Crypto Exchanges
 5 11 6 53 7
Cannabis
 2 135 133 936 52
Digital Assets
 0 197 197 2,086 160
Cybersecurity
Post-Quantum Cryptography
 -1 – 1 1 6
Cybersecurity
Identity Security
 -2 107 109 745 15
Infrastructure & Construction
Green Building
 -3 55 58 384 5
Digital Assets
Stablecoin Infrastructure
 -4 158 162 1,798 9
Artificial Intelligence
Chinese AI
 -6 182 188 1,844 14
Sports Betting & iGaming
 -6 144 150 612 29
Space Economy
Launch Services
 -7 34 41 248 5
Virtual & Augmented Reality
 -9 25 34 130 20
Immunotherapy & Oncology
 -10 129 139 3,840 388
E-Commerce
 -13 136 149 4,308 240
E-Commerce
Marketplaces
 -17 136 153 4,196 106
Space Economy
Earth Observation
 -21 3 24 33 6
Electrification & Grid
 -27 211 238 2,056 59
Semiconductors
Photonics & Optical Interconnect
 -28 116 144 908 20
Internet of Things
Wearables
 -31 129 160 3,479 21
Digital Health & Telemedicine
 -40 184 224 2,688 84
Cloud Computing
Edge Computing
 -40 130 170 1,144 11
Artificial Intelligence
Agentic AI
 -46 141 187 1,806 13
Social Media & Creator Economy
 -52 119 171 3,972 45
Digital Payments & Fintech
 -53 123 176 4,202 148
Autonomous Driving
Ride-Hailing & Shared Mobility
 -53 166 219 839 14
Streaming & Digital Media
 -60 142 202 4,181 120
Cloud Computing
 -61 108 169 4,174 64
Artificial Intelligence
 -63 115 178 4,260 264
SaaS & Enterprise Software
 -73 106 179 4,222 266
Data Centers & Digital Infrastructure
Interconnect & Colocation
 -80 135 215 1,424 19
Autonomous Driving
 -94 222 316 1,673 53
E-Commerce
Food Delivery
 -109 152 261 1,160 12
Video Games & Esports
 -112 96 208 3,812 55
Electrification & Grid
Energy Storage
 -154 130 284 1,233 26