
Investors are closely monitoring quarterly filings from hedge funds, which reveal a continued interest in major technology companies during the second quarter of 2024. Regulatory filings indicate that hedge funds have been actively reshuffling their portfolios, particularly in response to the ongoing AI boom. Notably, funds have increased their positions in Apple, reflecting a broader trend among the world's largest money managers. This activity comes as the S&P 500 index has reached a series of record highs, although it has faced recent volatility in US equities. The filings are expected to provide insights into how these funds are navigating the current market landscape, particularly in the technology sector.
Hedge funds add Apple, reshuffle technology portfolio https://t.co/XVp1rHZjDp via @business
Tech stocks once again grabbed the attention of the world's biggest funds in the second quarter, regulatory filings showed, as the S&P 500 rallied to a series of record highs that preceded more recent turmoil in US equities https://t.co/xEbwYkkTpf
Hedge Funds Add Apple, Reshuffle Technology Portfolio - BBG https://t.co/dS1S5NFz2l



