Tech Exodus: Hedge Funds Slash U.S. Exposure to Lowest Levels Since 2020

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Institutional investors are exiting tech, with hedge funds reducing gross exposure to 16.5% of total U.S. holdings—the lowest since 2020 and below 2022 bear market levels, per Goldman Sachs. Net selling of U.S. tech stocks has reached the second-highest level in five years, focusing on Semiconductor, Software, and Tech Hardware sectors

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