Who foresaw the DeepSeek-caused sell-off of Magnificent 7 stocks? Hedge funds, which have been cutting exposure for months.
Managers like Mala Gaonkar's SurgoCap Partners sold out of big-name US tech companies before the tech sell-off, filings show.
HEDGE FLOW Stock hedge funds post big one-day drop in DeepSeek rout, say Goldman data
Hedge fund stock-pickers lost billions of dollars on Monday in a rout in global technology shares sparked by the emergence of ...
Computer-driven hedge funds surged during the DeepSeek turmoil. Human-driven funds fizzled.
So-called systematic hedge funds — technology driven funds that use machines to make investment decisions — had a very ...
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