Hedge Funds Pile Into Magnificent 7 Stocks at Fastest Pace Since 2023, Pushing Exposure to 22%
Hedge funds are piling again into Massive Tech at a tempo not seen in three years.
Hedge funds’ internet publicity to the Magnificent 7 shares has climbed to 22% of complete US publicity, in line with Goldman Sachs information, says The Kobeissi Letter.
The Magnificent Seven (Magazine 7) shares are Alphabet (GOOGL/GOOG), Amazon (AMZN), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA).
That’s up about 7 proportion factors since July, the most important three-month leap since 2023.
The studying tops the 21% peak from June of 2024 and is sort of triple the 8% low hit on the backside of the 2022 bear market.
“In the meantime, hedge fund complete US internet publicity to semiconductor shares is as much as 12%, just under the 14% peak recorded in June 2026.
For perspective, this metric stood at simply 2% at the beginning of 2025.
Everybody desires tech shares proper now.”
The information comes as US semiconductor imports surged $2.4 billion in August to a file $15.4 billion.
“This marks their largest month-to-month enhance on file.
During the last 5 months, US imports of semiconductors have risen +$6.3 billion, or +69%.
YoY, this determine soared +$10.0 billion, or +185%, its largest annual enhance in historical past.
By comparability, throughout the restoration from the 2008 Monetary Disaster, the most important YoY enhance was +69% in January 2011, or +$1.4 billion.
US semiconductor demand is exploding.”
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