Flows are rotating into Software & Cloud Innovation while Industrial & Tech Machinery Cohort weakens

🇺🇸 A clear flow shift is underway as software and cloud innovation now dominates the day’s activity, overshadowing the previous industrial and machinery outflows. The market’s focus is pivoting from industrial and real estate sectors to tech-driven themes, with $PATH (UiPath, Inc.) leading a $49M inflow into the software cloud space. Meanwhile, industrial machinery, led by AGCO, saw a $19M exit, marking a notable move out of that group. This transition signals a potential recalibration in investor sentiment, favoring tech innovation over traditional industrial exposure. The next test will be whether this inflow sustains beyond the opening hours, confirming the shift’s durability. Watch for continued inflows into PATH and related software themes, which could signal a broader rotation into tech leadership.