Flows are rotating into DSV.CO while Transport & Infrastructure Cohort weakens

🇪🇺 A clear flow reversal is underway, with inflows now outpacing outflows for the first time in recent sessions, signaling a potential shift in trader sentiment. The market saw 27 inflows versus 33 outflows, with the largest outflow coming from the Transport & Infrastructure Cohort led by $AENA-MC, which shed $1.37 billion. Meanwhile, DSV-CO led the inflows with a $735 million bid, marking a decisive pivot towards the logistics theme. This flow pattern confirms a broadening of interest beyond previously dominant sectors, but the move remains concentrated around a few key names. The inflow into DSV-CO and aerospace reflects a cautious re-engagement, while the heavy exit from transport infrastructure underscores ongoing risk aversion. Next, watch whether AENA-MC stabilizes or continues to fade, as its exit was the largest and could set the tone for the broader sector.