Hedge funds stepped up purchases of U.S. semiconductor stocks last week, according to Goldman Sachs data cited by BlockBeats. The buying marked the largest accumulation in nearly three and a half years and came after two straight weeks of the biggest selling in the sector since June 2024. Semiconductor stocks now make up 10% of hedge funds’ total exposure, double the level seen a year earlier. That figure, however, remains below the 14% peak recorded in May. The move suggests hedge funds are betting that the recent sell-off in semiconductor shares has run its course.
Hedge funds were heavy buyers of U.S. semiconductor stocks last week, according to Goldman Sachs data cited by BlockBeats.
The purchases were the largest in nearly three and a half years. They followed two consecutive weeks of the biggest selling in U.S. semiconductor shares since June 2024.
Semiconductor stocks now account for 10% of hedge funds’ total exposure, twice the level from the same period last year, though still below the 14% peak recorded in May. The positioning points to a view among hedge funds that the sell-off in semiconductor shares may be over.
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