Flows are rotating into EXP while UDR weakens

🇺🇸 Equities are seeing a clear flow reversal, with inflows edging out outflows but the biggest move remains a significant exit from $UDR. Today’s flow snapshot shows UDR$ shedding $42M, underscoring a notable retreat from the REIT theme. Meanwhile, EXP$ is leading the inflow side with a $54M boost, signaling a renewed interest in the theme of expansion and innovation. The shift suggests traders are reallocating away from traditional real estate toward growth-oriented sectors like tech and AI infrastructure. The dominant flow into EXP$ confirms this focus, with other strong inflows into NBIS$ and ARM$ reinforcing the theme of innovation. Next, watch whether this inflow momentum into EXP$ sustains through the close or if broader equity participation begins to broaden beyond the tech and AI clusters.