StocksMedium•9 November 2026•
1 min read
Hedge Funds Slash Tech Exposure Amid Nasdaq Slump
Key Facts
1Hedge funds reduced their tech sector exposure at a near-record pace.
2The Nasdaq index dropped 6.4% alongside the heavy selling activity.
Hedge funds reduced their tech sector exposure at a near-record pace. According to investing.com, this liquidation coincided with a 6.4% drop in the Nasdaq index during a period of heavy selling activity.
The move follows a broader market rotation and a selloff in momentum-driven strategies, leading funds to aggressively de-risk their portfolios. This institutional shift follows US labor data from November 6, 2026, which reported Non-Farm Payrolls at 165,000.