Hedge Fund Holdings

  • Hedge funds have had a love affair with expensive stocks since early 2020.
  • They have massively boosted their holdings of stocks trading >10x EV/Sales.
  • These currently represent a third of US equity hedge fund long portfolios in aggregate.
  • Such stocks are 23% of the Russel 3000 market cap.
  • h/t themarketear.
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