Hedge fund investors are often retirement funds, high net worth investors, and university endowment funds. In 2023, the assets under management of hedge funds exceeded $4 trillion, setting a historical record. Overall, the hedge fund industry's returns have been lackluster for most of the past decade, but interest in the industry has rebounded in the rising interest rate environment. Have hedge funds seized the AI bull market in recent years? Is it the stock with the highest holding proportion of hedge funds? Overall, it is the most popular company, with 874 hedge funds holding the stock. Microsoft has taken the lead in the AI wave and is attracting great interest from hedge funds. As of June 24, 2024, Microsoft's stock price has risen by more than 20%, approaching its all-time high. Like Microsoft, a large portion of hedge funds hold stocks of Alphabet and Nvidia. Apple ranks fourth, with 36% of hedge funds investing in the company. (Source: visualcapitalist) (Source: visualcapitalist) In terms of net worth, hedge funds added more than 26 million shares of Apple stock to their investment portfolio in this quarter. Hedge funds' enthusiasm for the company is increasing before Apple introduces AI-enhanced features for its iPhone in 2021 or 2025. In contrast, hedge funds reduced their net holdings of Nvidia and Alphabet the most. Michael Burry's Scion Asset Management LLC is one of the hedge funds that sold Alphabet Class A and Amazon stock. Due to the significant role played by large tech firms in driving the stock market up, hedge funds have widely increased their exposure to companies related to AI technology in the past year. Another analysis by Goldman Sachs found that in August 2023, 20% of hedge funds' total net market value was concentrated in tech giants. This marks a record level of risk exposure for hedge funds to these tech titans. In addition to tech giants, a large number of hedge funds also hold shares of retirement funds, high net worth investors, and university endowment funds. Many of these financial giants have achieved strong returns over the past decade, with Visa averaging a nearly 19% annual return. Meanwhile, JPMorgan Chase's average return during the same period exceeded 16%.
Have hedge funds seized the AI bull market in recent years?$NVIDIA (NVDA.US)$Is it the stock with the highest holding proportion of hedge funds?
Overall,$Microsoft (MSFT.US)$it is the most popular company, with 874 hedge funds holding the stock.
Microsoft has taken the lead in the AI wave and is attracting great interest from hedge funds. As of June 24, 2024, Microsoft's stock price has risen by more than 20%, approaching its all-time high. Like Microsoft, a large portion of hedge funds hold stocks of Alphabet and Nvidia.$Amazon (AMZN.US)$Apple ranks fourth, with 36% of hedge funds investing in the company.
In terms of net worth, hedge funds added more than 26 million shares of Apple stock to their investment portfolio in this quarter. Hedge funds' enthusiasm for the company is increasing before Apple introduces AI-enhanced features for its iPhone in 2021 or 2025.
In contrast, hedge funds reduced their net holdings of Nvidia and Alphabet the most. Michael Burry's Scion Asset Management LLC is one of the hedge funds that sold Alphabet Class A and Amazon stock.
Due to the significant role played by large tech firms in driving the stock market up, hedge funds have widely increased their exposure to companies related to AI technology in the past year. Another analysis by Goldman Sachs found that in August 2023, 20% of hedge funds' total net market value was concentrated in tech giants. This marks a record level of risk exposure for hedge funds to these tech titans.
In addition to tech giants, a large number of hedge funds also hold shares of retirement funds, high net worth investors, and university endowment funds. Many of these financial giants have achieved strong returns over the past decade, with Visa averaging a nearly 19% annual return. Meanwhile, JPMorgan Chase's average return during the same period exceeded 16%.$Visa (V.US)$, $JPMorgan (JPM.US)$ and $Berkshire Hathaway-A (BRK.A.US)$Their shares. Many of these financial giants have seen strong returns over the past decade, with Visa's average annual return rate approaching 19%. Meanwhile, JPMorgan Chase's average return rate during the same period exceeded 16%.
Edited by Jeffrey