Themes With The Most
Reduced Fund Positions
Main themes
Sub themes
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
5
10
25
50
100
5
10
25
50
100
| # | Theme |
Net reduced positions |
Reduced positions |
Increased positions |
Funds holding | Stocks | |
|---|---|---|---|---|---|---|---|
| 1 |
Internet of Things
Wearables
| 417 | 2,825 | 2,408 | 5,774 | 21 |
|
| 2 |
Internet of Things
| 373 | 3,021 | 2,648 | 6,207 | 99 |
|
| 3 |
Digital Payments & Fintech
| 300 | 3,220 | 2,920 | 6,673 | 148 |
|
| 4 |
Pet Economy
| 252 | 1,933 | 1,681 | 4,158 | 34 |
|
| 5 |
Sin Stocks
Alcohol
| 220 | 853 | 633 | 1,936 | 24 |
|
| 6 |
SaaS & Enterprise Software
| 192 | 3,194 | 3,002 | 6,723 | 266 |
|
| 7 |
Health & Wellness
| 187 | 1,714 | 1,527 | 3,944 | 78 |
|
| 8 |
Carbon & Pollution Control
| 143 | 917 | 774 | 2,369 | 23 |
|
| 9 |
GLP-1 & Obesity
Obesity Second-Order Effects
| 143 | 751 | 608 | 1,750 | 26 |
|
| 10 |
Reuse, Repair & Circular Economy
| 142 | 1,284 | 1,142 | 3,009 | 68 |
|
| 11 |
Agriculture & Food Technology
| 136 | 1,420 | 1,284 | 3,341 | 79 |
|
| 12 |
Electric Vehicles
EV Charging Infrastructure
| 99 | 536 | 437 | 1,434 | 21 |
|
| 13 |
Energy Efficiency
| 68 | 1,571 | 1,503 | 3,707 | 31 |
|
| 14 |
Cybersecurity
Identity Security
| 68 | 485 | 417 | 1,261 | 15 |
|
| 15 |
Artificial Intelligence
AI Inference Silicon
| 61 | 1,169 | 1,108 | 2,856 | 7 |
|
| 16 |
Sin Stocks
Firearms
| 52 | 222 | 170 | 611 | 12 |
|
| 17 |
Clean Energy
Hydrogen & Fuel Cells
| 52 | 764 | 712 | 2,046 | 13 |
|
| 18 |
Sin Stocks
| 50 | 1,707 | 1,657 | 4,025 | 78 |
|
| 19 |
Future of Education
| 37 | 617 | 580 | 1,586 | 77 |
|
| 20 |
Semiconductors
Photonics & Optical Interconnect
| 32 | 529 | 497 | 1,547 | 20 |
|
| 21 |
Agriculture & Food Technology
Precision Agriculture
| 28 | 946 | 918 | 2,448 | 4 |
|
| 22 |
Infrastructure & Construction
Green Building
| 12 | 177 | 165 | 500 | 5 |
|
| 23 |
Agriculture & Food Technology
Plant-Based Foods
| 11 | 421 | 410 | 1,189 | 17 |
|
| 24 |
Video Games & Esports
| 11 | 2,760 | 2,749 | 6,161 | 55 |
|
| 25 |
Virtual & Augmented Reality
| 5 | 83 | 78 | 266 | 20 |
|
| 26 |
Medical Devices & Diagnostics
| 4 | 2,561 | 2,557 | 5,768 | 342 |
|
| 27 |
Robotics & Automation
| -4 | 1,658 | 1,662 | 4,064 | 83 |
|
| 28 |
Small Business Economy
| -5 | 1,716 | 1,721 | 4,176 | 58 |
|
| 29 |
Robotics & Automation
Warehouse & Logistics Robotics
| -7 | 1,057 | 1,064 | 2,712 | 3 |
|
| 30 |
Semiconductors
Analog & Power Semis
| -9 | 1,349 | 1,358 | 3,329 | 27 |
|
| 31 |
Data Centers & Digital Infrastructure
Liquid Cooling
| -11 | 532 | 543 | 1,492 | 9 |
|
| 32 |
Robotics & Automation
Industrial Automation
| -16 | 1,404 | 1,420 | 3,496 | 16 |
|
| 33 |
Space Economy
| -16 | 1,393 | 1,409 | 3,558 | 64 |
|
| 34 |
Sin Stocks
Casinos
| -20 | 667 | 687 | 1,801 | 24 |
|
| 35 |
Robotics & Automation
Humanoid Robotics
| -20 | 59 | 79 | 237 | 5 |
|
| 36 |
Genomics & Gene Editing
| -21 | 1,677 | 1,698 | 4,163 | 199 |
|
| 37 |
Cannabis
| -25 | 305 | 330 | 1,033 | 52 |
|
| 38 |
Water
Water Infrastructure
| -25 | 840 | 865 | 2,161 | 17 |
|
| 39 |
Sports Betting & iGaming
| -26 | 569 | 595 | 1,590 | 29 |
|
| 40 |
Data Centers & Digital Infrastructure
Interconnect & Colocation
| -27 | 753 | 780 | 1,999 | 19 |
|
| 41 |
Cybersecurity
Post-Quantum Cryptography
| -30 | 15 | 45 | 153 | 6 |
|
| 42 |
Infrastructure & Construction
| -35 | 2,044 | 2,079 | 4,896 | 127 |
|
| 43 |
Nuclear Energy
Small Modular Reactors
| -37 | 451 | 488 | 1,370 | 12 |
|
| 44 |
Defense Modernization
Munitions Restocking
| -39 | 1,478 | 1,517 | 3,723 | 11 |
|
| 45 |
Water
Sanitation
| -41 | 448 | 489 | 1,337 | 8 |
|
| 46 |
Immunotherapy & Oncology
| -43 | 2,485 | 2,528 | 5,644 | 388 |
|
| 47 |
Artificial Intelligence
Chinese AI
| -46 | 495 | 541 | 1,559 | 14 |
|
| 48 |
Oil & Gas
Oilfield Services
| -47 | 996 | 1,043 | 2,555 | 88 |
|
| 49 |
Water
| -48 | 1,363 | 1,411 | 3,390 | 67 |
|
| 50 |
3D Printing & Additive Manufacturing
| -49 | 579 | 628 | 1,655 | 20 |
|
| 51 |
Digital Health & Telemedicine
| -50 | 1,599 | 1,649 | 3,912 | 84 |
|
| 52 |
Clean Energy
Solar
| -53 | 534 | 587 | 1,571 | 54 |
|
| 53 |
Electrification & Grid
Transmission Buildout
| -54 | 650 | 704 | 1,824 | 6 |
|
| 54 |
Space Economy
Earth Observation
| -56 | 86 | 142 | 369 | 6 |
|
| 55 |
Genomics & Gene Editing
Gene Therapy
| -58 | 847 | 905 | 2,424 | 131 |
|
| 56 |
Space Economy
Launch Services
| -61 | 165 | 226 | 672 | 5 |
|
| 57 |
Lithium & Battery Materials
| -65 | 380 | 445 | 1,287 | 47 |
|
| 58 |
Streaming & Digital Media
News Media
| -70 | 499 | 569 | 1,475 | 26 |
|
| 59 |
Digital Payments & Fintech
Buy Now Pay Later
| -75 | 281 | 356 | 968 | 13 |
|
| 60 |
Internet of Things
Smart Home
| -77 | 495 | 572 | 1,561 | 17 |
|
| 61 |
Nuclear Energy
Uranium Mining & Enrichment
| -78 | 470 | 548 | 1,486 | 20 |
|
| 62 |
Cloud Computing
Edge Computing
| -79 | 575 | 654 | 1,734 | 11 |
|
| 63 |
Luxury & Affluent Consumer
| -81 | 710 | 791 | 1,956 | 40 |
|
| 64 |
Longevity & Aging Population
| -83 | 973 | 1,056 | 2,623 | 60 |
|
| 65 |
Online Travel & Experiences
| -84 | 1,009 | 1,093 | 2,772 | 32 |
|
| 66 |
E-Commerce
| -88 | 3,108 | 3,196 | 6,791 | 240 |
|
| 67 |
E-Commerce
Marketplaces
| -97 | 3,035 | 3,132 | 6,657 | 106 |
|
| 68 |
Reshoring & American Manufacturing
| -105 | 595 | 700 | 1,781 | 20 |
|
| 69 |
Oil & Gas
LNG
| -106 | 1,423 | 1,529 | 3,615 | 32 |
|
| 70 |
Space Economy
Satellite Communications
| -106 | 251 | 357 | 918 | 16 |
|
| 71 |
Digital Assets
Stablecoin Infrastructure
| -109 | 824 | 933 | 2,268 | 9 |
|
| 72 |
Digital Payments & Fintech
Neobanks
| -113 | 580 | 693 | 1,784 | 25 |
|
| 73 |
Sin Stocks
Tobacco & Nicotine
| -117 | 1,262 | 1,379 | 3,220 | 13 |
|
| 74 |
Artificial Intelligence
Agentic AI
| -118 | 1,720 | 1,838 | 4,138 | 13 |
|
| 75 |
Defense Modernization
Military Shipbuilding
| -120 | 859 | 979 | 2,483 | 6 |
|
| 76 |
Housing & Home Improvement
Homebuilders
| -126 | 852 | 978 | 2,481 | 45 |
|
| 77 |
Critical Minerals & Rare Earths
| -132 | 383 | 515 | 1,409 | 60 |
|
| 78 |
Artificial Intelligence
AI Memory & HBM
| -144 | 1,020 | 1,164 | 2,922 | 12 |
|
| 79 |
Clean Energy
| -175 | 1,678 | 1,853 | 4,328 | 134 |
|
| 80 |
Defense Modernization
Drones & Counter-Drone
| -183 | 881 | 1,064 | 2,623 | 30 |
|
| 81 |
Defense Modernization
Defense Tech & C4ISR
| -185 | 1,888 | 2,073 | 4,685 | 53 |
|
| 82 |
Digital Assets
Bitcoin Miners
| -188 | 250 | 438 | 1,183 | 40 |
|
| 83 |
Housing & Home Improvement
Home & Garden Retail
| -203 | 1,863 | 2,066 | 4,635 | 30 |
|
| 84 |
Data Centers & Digital Infrastructure
Power for AI
| -203 | 992 | 1,195 | 2,874 | 22 |
|
| 85 |
Semiconductors
Semicap & Lithography
| -219 | 1,394 | 1,613 | 3,726 | 21 |
|
| 86 |
Copper & Industrial Metals
| -220 | 1,101 | 1,321 | 3,000 | 79 |
|
| 87 |
Electrification & Grid
Energy Storage
| -248 | 1,521 | 1,769 | 4,132 | 26 |
|
| 88 |
GLP-1 & Obesity
| -248 | 2,217 | 2,465 | 5,286 | 92 |
|
| 89 |
Defense Modernization
| -264 | 2,362 | 2,626 | 5,676 | 163 |
|
| 90 |
Artificial Intelligence
AI Software & Applications
| -265 | 1,235 | 1,500 | 3,462 | 85 |
|
| 91 |
Social Media & Creator Economy
| -267 | 2,806 | 3,073 | 6,393 | 45 |
|
| 92 |
Streaming & Digital Media
| -269 | 2,836 | 3,105 | 6,481 | 120 |
|
| 93 |
Gold & Precious Metals
Gold & Silver Miners
| -274 | 975 | 1,249 | 2,957 | 124 |
|
| 94 |
Gold & Precious Metals
| -275 | 986 | 1,261 | 2,991 | 133 |
|
| 95 |
Oil & Gas
| -289 | 2,492 | 2,781 | 5,876 | 361 |
|
| 96 |
Electric Vehicles
| -294 | 1,974 | 2,268 | 5,068 | 124 |
|
| 97 |
Semiconductors
| -300 | 2,814 | 3,114 | 6,406 | 178 |
|
| 98 |
Semiconductors
Advanced Packaging
| -302 | 1,018 | 1,320 | 3,055 | 10 |
|
| 99 |
Digital Assets
Crypto Exchanges
| -320 | 320 | 640 | 1,392 | 7 |
|
| 100 |
Clean Energy
Wind
| -320 | 766 | 1,086 | 2,617 | 9 |
|
| 101 |
Cloud Computing
| -360 | 2,860 | 3,220 | 6,572 | 64 |
|
| 102 |
Digital Assets
Corporate Crypto Treasuries
| -364 | 361 | 725 | 1,569 | 63 |
|
| 103 |
Data Centers & Digital Infrastructure
| -366 | 1,595 | 1,961 | 4,295 | 78 |
|
| 104 |
Digital Assets
| -374 | 1,103 | 1,477 | 3,259 | 160 |
|
| 105 |
Artificial Intelligence
| -378 | 2,985 | 3,363 | 6,815 | 264 |
|
| 106 |
Housing & Home Improvement
| -383 | 2,257 | 2,640 | 5,632 | 223 |
|
| 107 |
Electrification & Grid
Grid Equipment
| -401 | 1,136 | 1,537 | 3,454 | 10 |
|
| 108 |
Quantum Computing
| -420 | 1,215 | 1,635 | 3,610 | 19 |
|
| 109 |
Cybersecurity
| -425 | 1,877 | 2,302 | 4,828 | 85 |
|
| 110 |
Nuclear Energy
| -464 | 1,648 | 2,112 | 4,539 | 61 |
|
| 111 |
Electrification & Grid
| -503 | 1,904 | 2,407 | 5,129 | 59 |
|
| 112 |
Autonomous Driving
| -506 | 1,692 | 2,198 | 4,753 | 53 |
|
| 113 |
Autonomous Driving
Ride-Hailing & Shared Mobility
| -538 | 761 | 1,299 | 2,652 | 14 |
|
| 114 |
E-Commerce
Food Delivery
| -546 | 921 | 1,467 | 2,979 | 12 |
|
| 115 |
Cybersecurity
Agentic AI Security
| -596 | 668 | 1,264 | 2,475 | 2 |
|