Hedge funds are selling US tech stocks at a 10-year pace, reducing tech exposure to multi-year lows.
Macro & Markets ·
Hedge funds have sold information technology stocks in six of the past eight weeks, marking their largest such sales period in at least ten years, with technology becoming the most-sold US sector last week alone. Tech exposure as a percentage of total market exposure has fallen to its lowest level since February 2026, and at the current pace could reach its lowest in at least five years within the coming week.