Hedge funds plow money into prime tech shares resulting in document ranges of crowding

Hedge fund crowding hit document highs within the third quarter because the world’s prime funds piled right into a number of in style shares within the face of widespread market volatility, Goldman Sachs’ evaluation of 13-F filings from 735 hedge funds with $2.4 trillion in property exhibits. 

The convergence of methods noticed Goldman Sachs’ crowding index hit its highest ranges in its 22-year historical past as hedge funds invested closely into the world’s prime expertise shares and diminished their publicity to the power, healthcare, and industrials sectors. 

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