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2026-11-03 20:36:25
[Hedge Funds Rapidly Reduce Leverage, Tech Stocks See Concentrated Selling] ⑴ Goldman Sachs data shows that hedge funds significantly reduced their risk exposure in October, with net leverage falling 4.2 percentage points to 73.4%, the fastest pace of deleveraging since March. ⑵ A Goldman Sachs report states that hedge funds sold approximately $20 billion in tech stocks within two weeks, with AI-related stocks experiencing sell-offs for five consecutive trading days, wiping out cumulative net purchases since the beginning of 2025. ⑶ Fundamental long-short strategy funds lost 3.5%, while systematic strategies fell 3.6%. ⑷ Selling was concentrated in the technology, industrial, and materials sectors, while healthcare and real estate saw buying activity.
