Hedge funds sharply increased purchases of U.S. semiconductor stocks last week, according to data cited by BlockBeats from Goldman Sachs. The buying was the largest in nearly three and a half years and came after the sector had just gone through its biggest two-week sell-off since June 2024. The shift suggests funds have moved from cutting exposure to rebuilding positions in chip names.
Semiconductor stocks now account for 10% of total hedge fund exposure, double the level seen at the same time last year. Even so, that share remains below the 14% peak recorded in May. Goldman Sachs’ data was cited as showing that hedge funds are betting the sell-off in semiconductor stocks has run its course.
Hedge funds were aggressively buying U.S. semiconductor stocks last week, according to Goldman Sachs data cited by BlockBeats on July 14. The purchases marked the biggest weekly buying in nearly three and a half years.
The move followed the sector’s largest two-week sell-off since June 2024. After that stretch of heavy selling, hedge funds turned back to chip stocks.
Semiconductor shares now make up 10% of total hedge fund exposure, double the level from a year earlier. That figure is still below the 14% peak recorded in May. Based on the Goldman Sachs data, hedge funds are betting the sell-off in semiconductor stocks is over.
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