Flows are rotating into Resilient Diversified Holdings while Oil & Gas Major Cohort weakens

🇪🇺 Equities flow shifted sharply toward defensive diversification, signaling caution for risk assets. The top inflow of +$61.65B into Resilient Diversified Holdings led by $ULVR-L contrasts with outflows of nearly $52.6B from Oil & Gas Major Cohort and Industrial & Defense Conglomerates, where VER-VI and STMMI-MI exited heavily. The broadening of inflows into diversified themes amid concentrated sector exits suggests a retreat from cyclical and commodity exposures. The flow pattern confirms a risk-off tone, with investors reallocating into resilient, multi-sector holdings. The next test is whether this defensive bias sustains or if the outflows from energy and industrials accelerate, which would deepen the risk aversion. Watch if inflows into diversified themes hold steady or fade, signaling whether this flow shift is a pause or a trend.