According to data provided on Friday by Goldman Sachs, hedge funds have a record amount of exposure to the seven largest technology companies by market valuation. This is because managers have started investing again in the industry this month. Currently, the top seven U.S. stocks account for around 20% of the hedge funds Goldman Sachs tracks' entire net market value. They have also played a significant role in the expansion of the U.S. equity market this year.
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Monday, 28 August 2023
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Hedge funds' exposure to 'Magnificent Seven' tech stocks at record :Goldman Sachs
Hedge funds' exposure to 'Magnificent Seven' tech stocks at record :Goldman Sachs
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