HEDGE FUNDS ERASED ALL NET AI BUYING SINCE 2025 IN FIVE SESSIONS
📊 Goldman: Goldman Sachs prime brokerage data shows hedge funds net sold global AI stocks for five straight sessions from Oct 8 to 14, reversing all cumulative net buying since early 2025.
💰 Selling: Funds also cut about $20B in tech stocks over two weeks, mostly by selling existing longs at 3.5 times the pace of new short bets.
📉 Pressure: Goldman's basket of hedge fund favorites fell 4.2% on Oct 22, its worst day since 2011, while gross leverage stayed near five-year highs, so Goldman warns deleveraging may continue.
💬 Comment: This is big money de-risking, not a full loss of faith in AI, with AI allocation still in a high percentile over three years. For crypto, this kind of deleveraging usually hits risk assets first, but it also clears the way for a cleaner rebound once leverage comes down.
$TAO $FET $ZEC
📊 Goldman: Goldman Sachs prime brokerage data shows hedge funds net sold global AI stocks for five straight sessions from Oct 8 to 14, reversing all cumulative net buying since early 2025.
💰 Selling: Funds also cut about $20B in tech stocks over two weeks, mostly by selling existing longs at 3.5 times the pace of new short bets.
📉 Pressure: Goldman's basket of hedge fund favorites fell 4.2% on Oct 22, its worst day since 2011, while gross leverage stayed near five-year highs, so Goldman warns deleveraging may continue.
💬 Comment: This is big money de-risking, not a full loss of faith in AI, with AI allocation still in a high percentile over three years. For crypto, this kind of deleveraging usually hits risk assets first, but it also clears the way for a cleaner rebound once leverage comes down.
$TAO $FET $ZEC
