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Hedge Funds Sell Record Volume of U.S. Tech Stocks in Past Week, Data Shows

2026-06-29 14:49:29

According to Goldman Sachs data reported by BlockBeats on June 29, hedge funds sold the largest volume of U.S. information technology stocks in a single week since 2016 during the week ended June 25.

The Magnificent 7 stocks fell to 14.5% of total U.S. hedge fund exposure, approaching their lowest level in three years. This represents a 7 percentage point decline from the beginning of 2026 and marks the steepest six-month drawdown since the 2022 bear market.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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