- Goldman Sachs report covers five sessions ending October 15.
- Hedge fund tech exposure cut at fastest pace since at least 2016.
Goldman Sachs data shows hedge funds reduced tech exposure at the fastest rate since at least 2016 in the week ending Oct 15. The Nasdaq 100 dropped 5.5% last week, led by semiconductor selling. Tech remains 23.5% of portfolios, still elevated.
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