Flash News
The hedge fund is regrouping and pouring into the American technology sector
On 4 August, Goldman Sachs data showed that hedge funds had recorded the largest purchases of the United States Science and Technology Unit since December 2022 in a single week as at 30 July (on Thursday). This is also the third single-week purchase in at least five years. This move has been driven mainly by the use of multi-funding (an increase in the number of silos), followed by a back-to-back (an increase in silos). The need for software, semiconductor and semiconductor equipment units was strongest, followed by stocks of scientific and technical hardware. In addition, during four consecutive trading days as of 30 July (on Thursday), hedge funds continued to buy shares in Magnificent 7. The hedge funds are re-stacking into technology。
