Hedge Funds Slash US Tech Holdings at Fastest Pace in a Decade

According to Barchart, citing Goldman Sachs data, hedge funds offloaded information technology positions in six of the past eight weeks, marking the largest eight-week sales in at least a decade. The funds' tech exposure as a percentage of total market exposure has declined to its lowest level since February 2026 and could reach a five-year low as early as next week. Goldman Sachs strategists attributed the shift to "painful volatility in popular AI infrastructure stocks," with investors reallocating toward more defensive sectors.
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