Hedge Funds Lift Magnificent 7 Exposure to 22% at Fastest Pace Since 2023

Hedge funds' net exposure to Magnificent 7 stocks has climbed to 22% of their total US exposure, according to Goldman Sachs data. That is above the peak recorded in June 2024. Net exposure to semiconductor stocks has risen to 12%, just below the 14% record high. US semiconductor imports hit a record $15.4 billion in August.