Hedge funds sharply increased purchases of U.S. semiconductor stocks last week, according to data cited by BlockBeats from Goldman Sachs. The buying marked the biggest accumulation in nearly three and a half years, following what Goldman described as the largest two-week selloff in the sector since June 2024. The shift pushed semiconductor stocks to 10% of hedge funds’ total exposure, double the level seen a year earlier. Even so, that figure remains below the 14% peak recorded in May. Goldman’s reading of the move is that hedge funds are positioning for the semiconductor selloff to be over. The report points to a notable turn in fund positioning after a recent period of heavy selling pressure in the sector.
Hedge funds are buying U.S. semiconductor stocks aggressively, according to Goldman Sachs data cited by BlockBeats on July 14.
Last week, hedge funds made their largest purchases of U.S. chip stocks in nearly three and a half years. The move came after the sector had just gone through its biggest two-week selloff since June 2024.
Semiconductor stocks now account for 10% of hedge funds’ total exposure, twice the level of the same period last year, though still below the 14% peak recorded in May. Goldman said the buying suggests hedge funds are betting the semiconductor selloff has ended.
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