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  3. Hedge Funds Double Down on U.S. Stocks as Tech Buying Surges
5 days ago

Hedge Funds Double Down on U.S. Stocks as Tech Buying Surges

FintechStocksAI StocksEquity Marketsgoldman sachsHedge FundsInstitutional InvestorsNasdaqS&P 500Technology StocksU.S. stocksWall Street

TLDR: Hedge funds posted their second-largest weekly U.S. equity purchase in 12 months, led by technology stocks. Single stocks made up about 70% of U.S. net buying, while index futures and ETFs accounted for roughly 30%. Eight of 11 U.S. sectors were net bought as technology and communication services led hedge fund demand. Global hedge [...]

The post Hedge Funds Double Down on U.S. Stocks as Tech Buying Surges appeared first on Blockonomi.

Source: Blockonomi →

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