Hedge funds unwind AI stock bets
Story timeline · 2 updates, 1 Nov to 6 Nov 2026
Goldman Sachs data showed hedge funds sold their entire cumulative 2025 AI stock purchases in five sessions, cutting about $20bn of tech holdings in two weeks. As AI-linked trades reverse, tech-focused long-short equity funds lost over 4% in a day, with year-to-date returns falling to near zero from 24% in June.
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