Hedge funds sold U.S. information technology stocks on a record scale over the past week.

robot
Abstract generation in progress

BlockBeats news, June 29, according to Goldman Sachs data, hedge funds sold the most U.S. information technology stocks in the week ending June 25 since data began in 2016. This even surpassed August 2024, when the Nasdaq 100 index fell more than -10% and entered a correction zone.

Meanwhile, the share of Magnificent 7 stocks in total U.S. hedge fund exposure fell to 14.5%, close to the lowest level in 3 years. This percentage has dropped -7 percentage points since early 2026, marking the largest 6-month decline since the 2022 bear market.

The above data indicates that hedge funds are reducing their U.S. technology exposure.

NAS1002.48%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned