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 and came after the largest two-week selling stretch since June 2024. Semiconductor stocks now account for 10% of hedge funds’ total exposure, double the level seen a year earlier. That said, the share remains below the 14% peak recorded in May. The positioning shift suggests hedge funds are betting that the sell-off in semiconductor shares has run its course. The move is notable because it follows a period of heavy liquidation and points to a rapid reversal in fund flows into the sector.
Hedge funds are buying U.S. semiconductor stocks in size, according to Goldman Sachs data cited by BlockBeats on July 14.
Last week’s purchases were the largest in nearly three and a half years. The move followed the biggest two-week sell-off in the sector since June 2024.
Semiconductor stocks now make up 10% of hedge funds’ total exposure, double the level from the same period last year, though still below the 14% peak recorded in May.
The positioning indicates hedge funds are betting the sell-off in semiconductor shares is over.
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