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

Internet of Things

Wearables

net reduced positions

1,127 increased 2,170 reduced

Internet of Things

99 stocks · 2 sub-themes

net reduced positions

1,348 increased 2,273 reduced

Oil & Gas

361 stocks · 2 sub-themes

net reduced positions

1,306 increased 2,040 reduced

Marketplaces

net reduced positions

1,622 increased 2,350 reduced

E-Commerce

240 stocks · 2 sub-themes

net reduced positions

1,686 increased 2,406 reduced

Digital Payments & Fintech

148 stocks · 2 sub-themes

net reduced positions

1,680 increased 2,320 reduced

Video Games & Esports

net reduced positions

1,574 increased 1,950 reduced

Cloud Computing

64 stocks · 1 sub-theme

net reduced positions

1,782 increased 2,127 reduced

Streaming & Digital Media

News Media

net reduced positions

304 increased 600 reduced

LNG

net reduced positions

687 increased 947 reduced

Artificial Intelligence

264 stocks · 6 sub-themes

net reduced positions

1,881 increased 2,118 reduced

Electric Vehicles

EV Charging Infrastructure

net reduced positions

260 increased 495 reduced

Oilfield Services

net reduced positions

531 increased 752 reduced

Streaming & Digital Media

120 stocks · 1 sub-theme

net reduced positions

1,842 increased 2,052 reduced

Carbon & Pollution Control

net reduced positions

405 increased 597 reduced

Clean Energy

134 stocks · 3 sub-themes

net reduced positions

1,003 increased 1,184 reduced

Agriculture & Food Technology

79 stocks · 2 sub-themes

net reduced positions

829 increased 966 reduced

Housing & Home Improvement

Home & Garden Retail

net reduced positions

1,310 increased 1,425 reduced

Advanced Packaging

net reduced positions

407 increased 513 reduced

Longevity & Aging Population

net reduced positions

746 increased 849 reduced

3D Printing & Additive Manufacturing

net reduced positions

395 increased 496 reduced

Data Centers & Digital Infrastructure

Power for AI

net reduced positions

470 increased 571 reduced

Electrification & Grid

Grid Equipment

net reduced positions

452 increased 548 reduced

Alcohol

net reduced positions

685 increased 777 reduced

Stablecoin Infrastructure

net reduced positions

819 increased 910 reduced

Genomics & Gene Editing

Gene Therapy

net reduced positions

711 increased 801 reduced

Internet of Things

Smart Home

net reduced positions

338 increased 427 reduced

Reshoring & American Manufacturing

net reduced positions

217 increased 304 reduced

Online Travel & Experiences

net reduced positions

549 increased 635 reduced

Tobacco & Nicotine

net reduced positions

760 increased 844 reduced

Genomics & Gene Editing

199 stocks · 1 sub-theme

net reduced positions

1,279 increased 1,362 reduced

Electric Vehicles

124 stocks · 1 sub-theme

net reduced positions

1,143 increased 1,225 reduced

Luxury & Affluent Consumer

net reduced positions

556 increased 626 reduced

Agriculture & Food Technology

Precision Agriculture

net reduced positions

418 increased 488 reduced

Nuclear Energy

61 stocks · 2 sub-themes

net reduced positions

969 increased 1,036 reduced

Electrification & Grid

Transmission Buildout

net reduced positions

206 increased 270 reduced

SaaS & Enterprise Software

net reduced positions

1,963 increased 2,021 reduced

Infrastructure & Construction

Green Building

net reduced positions

128 increased 183 reduced

Sanitation

net reduced positions

241 increased 289 reduced

Infrastructure & Construction

127 stocks · 1 sub-theme

net reduced positions

1,081 increased 1,128 reduced

Digital Assets

160 stocks · 4 sub-themes

net reduced positions

983 increased 1,026 reduced

Hydrogen & Fuel Cells

net reduced positions

533 increased 573 reduced

Artificial Intelligence

AI Inference Silicon

net reduced positions

732 increased 768 reduced

Health & Wellness

net reduced positions

1,134 increased 1,164 reduced

Housing & Home Improvement

Homebuilders

net reduced positions

623 increased 652 reduced

GLP-1 & Obesity

Obesity Second-Order Effects

net reduced positions

512 increased 540 reduced

Defense Modernization

Munitions Restocking

net reduced positions

972 increased 997 reduced

Defense Modernization

Drones & Counter-Drone

net reduced positions

623 increased 646 reduced

Reuse, Repair & Circular Economy

net reduced positions

805 increased 828 reduced

Firearms

net reduced positions

188 increased 210 reduced

Quantum Computing

net reduced positions

798 increased 820 reduced

Data Centers & Digital Infrastructure

Liquid Cooling

net reduced positions

303 increased 322 reduced

Corporate Crypto Treasuries

net reduced positions

116 increased 134 reduced

Agriculture & Food Technology

Plant-Based Foods

net reduced positions

333 increased 350 reduced

Future of Education

net reduced positions

500 increased 515 reduced

Energy Efficiency

net reduced positions

1,052 increased 1,065 reduced

Electrification & Grid

Energy Storage

net reduced positions

648 increased 659 reduced

Semicap & Lithography

net reduced positions

750 increased 758 reduced

Electrification & Grid

59 stocks · 3 sub-themes

net reduced positions

953 increased 960 reduced

Artificial Intelligence

AI Memory & HBM

net reduced positions

559 increased 563 reduced

Crypto Exchanges

net reduced positions

14 increased 18 reduced

Earth Observation

net reduced positions

8 increased 11 reduced

Artificial Intelligence

Chinese AI

net reduced positions

756 increased 758 reduced

Water

67 stocks · 2 sub-themes

net reduced positions

1,005 increased 1,006 reduced

Water Infrastructure

net reduced positions

564 increased 564 reduced

Digital Payments & Fintech

Neobanks

net reduced positions

260 increased 259 reduced

Defense Modernization

Defense Tech & C4ISR

net reduced positions

1,121 increased 1,118 reduced

Launch Services

net reduced positions

95 increased 92 reduced

Artificial Intelligence

AI Software & Applications

net reduced positions

260 increased 256 reduced

Bitcoin Miners

net reduced positions

22 increased 17 reduced

Defense Modernization

Military Shipbuilding

net reduced positions

527 increased 516 reduced

Photonics & Optical Interconnect

net reduced positions

374 increased 362 reduced

Housing & Home Improvement

223 stocks · 2 sub-themes

net reduced positions

1,700 increased 1,684 reduced

Solar

net reduced positions

373 increased 357 reduced

Robotics & Automation

Industrial Automation

net reduced positions

1,047 increased 1,030 reduced

Uranium Mining & Enrichment

net reduced positions

131 increased 113 reduced

Small Modular Reactors

net reduced positions

105 increased 84 reduced

Virtual & Augmented Reality

net reduced positions

51 increased 30 reduced

Lithium & Battery Materials

net reduced positions

289 increased 267 reduced

Wind

net reduced positions

97 increased 74 reduced

Digital Payments & Fintech

Buy Now Pay Later

net reduced positions

171 increased 147 reduced

Satellite Communications

net reduced positions

201 increased 168 reduced

Semiconductors

178 stocks · 4 sub-themes

net reduced positions

1,765 increased 1,732 reduced

Defense Modernization

163 stocks · 4 sub-themes

net reduced positions

1,604 increased 1,570 reduced

Robotics & Automation

Warehouse & Logistics Robotics

net reduced positions

780 increased 743 reduced

Agentic AI Security

net reduced positions

301 increased 259 reduced

Critical Minerals & Rare Earths

net reduced positions

223 increased 181 reduced

Cannabis

net reduced positions

353 increased 310 reduced

Data Centers & Digital Infrastructure

78 stocks · 3 sub-themes

net reduced positions

1,048 increased 995 reduced

Small Business Economy

net reduced positions

1,212 increased 1,156 reduced

Autonomous Driving

Ride-Hailing & Shared Mobility

net reduced positions

349 increased 290 reduced

Cloud Computing

Edge Computing

net reduced positions

521 increased 460 reduced

Autonomous Driving

53 stocks · 1 sub-theme

net reduced positions

846 increased 784 reduced

Identity Security

net reduced positions

352 increased 281 reduced

Copper & Industrial Metals

net reduced positions

754 increased 682 reduced

Gold & Precious Metals

Gold & Silver Miners

net reduced positions

766 increased 677 reduced

Artificial Intelligence

Agentic AI

net reduced positions

870 increased 776 reduced

Analog & Power Semis

net reduced positions

999 increased 905 reduced

Food Delivery

net reduced positions

542 increased 448 reduced

Gold & Precious Metals

133 stocks · 1 sub-theme

net reduced positions

775 increased 681 reduced

Sin Stocks

78 stocks · 4 sub-themes

net reduced positions

1,263 increased 1,160 reduced

Space Economy

64 stocks · 3 sub-themes

net reduced positions

1,023 increased 916 reduced

Sports Betting & iGaming

net reduced positions

358 increased 249 reduced

Casinos

net reduced positions

580 increased 467 reduced

Robotics & Automation

83 stocks · 3 sub-themes

net reduced positions

1,214 increased 1,093 reduced

Data Centers & Digital Infrastructure

Interconnect & Colocation

net reduced positions

670 increased 547 reduced

Cybersecurity

85 stocks · 3 sub-themes

net reduced positions

1,479 increased 1,352 reduced

Pet Economy

net reduced positions

1,443 increased 1,307 reduced

GLP-1 & Obesity

92 stocks · 1 sub-theme

net reduced positions

1,629 increased 1,445 reduced

Digital Health & Telemedicine

net reduced positions

1,287 increased 1,102 reduced

Immunotherapy & Oncology

net reduced positions

1,917 increased 1,623 reduced

Medical Devices & Diagnostics

net reduced positions

1,941 increased 1,645 reduced

Robotics & Automation

Humanoid Robotics

net reduced positions

0 increased 0 reduced

Post-Quantum Cryptography

net reduced positions

0 increased 0 reduced