Hedge funds sharply increased purchases of U.S. semiconductor stocks last week, according to Goldman Sachs data cited by BlockBeats. The buying marked the biggest accumulation in nearly three and a half years, following what the report described as the largest two-week selloff since June 2024.
Semiconductor stocks now account for 10% of hedge funds’ total exposure, double the level seen at the same time last year. Even so, that figure remains below the 14% peak recorded in May.
The positioning suggests hedge funds are betting that the recent selloff in semiconductor shares has run its course. The update points to a notable shift in sentiment after back-to-back weeks of heavy selling in the sector.
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. The move came after the sector had just gone through its biggest two-week selloff since June 2024.
Semiconductor shares now make up 10% of hedge funds’ total exposure. That is double the level from the same time last year, though still below the 14% peak recorded in May.
The data indicates hedge funds are betting the selloff in semiconductor stocks has ended.
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