Hedge Funds' Net Exposure to the US Tech "Magnificent Seven" Rises to 22%, Setting a Record High
Source：
x.com
According to The Kobeissi Letter, investor bullish sentiment toward large-cap tech stocks has reached all-time highs. Hedge funds' aggregate net exposure to the U.S. "Magnificent Seven" has climbed to 22%, setting a new record. This figure has surged by 7 percentage points since July, marking the largest three-month increase since 2023 and surpassing the previous peak of 21% set in June 2024 (compared to a low of just 8% during the 2022 bear market).
