Goldman Data: Hedge Funds Sell AI Stocks at Second-Fastest Pace in a Year

Goldman Sachs’ data on AI stocks points to a sharp retreat rather than a complete exit. In July 2026, hedge funds’ US technology exposure had fallen roughly 10% in market value since early June 2026 . Yet by October 2026, their allocation to select mega-cap stocks had rebounded even as broader tech positioning eased. Key takeaways AI-linked stock sales reached the second-fastest pace in a year. AI leverage declined but stayed above historical averages. Magnificent Seven holdings recovered to about 22% of US equity exposure by October 2026.

Source: The Cryptonomist