AI TRENDS | Goldman Sachs: Hedge Funds Sell All AI Stock Purchases Since Start of 2025 in Five Days

Goldman Sachs data show that hedge funds sold all their cumulative purchases of global AI-related stocks made since the start of 2025 in five trading days, recording net sales for five consecutive sessions. According to Odaily, funds also cut about $20 billion in technology stocks over two weeks, mostly by selling existing holdings, at a pace 3.5 times faster than their new short positions in AI-related stocks. The most-favored stock portfolio tracked by Goldman Sachs fell 4.2% on October 22, its largest one-day decline since 2011. Citing Morgan Stanley data dating back to 2016, Steno Research said hedge funds’ overall equity exposure fell about 7.8%, the largest reduction in the series.