Hedge Funds Shift Out Tech and Health Care, Making a Cyclical Bet.

William Arsn

Illustration by Elias Stein Text size Hedge funds shifted from market-leading technology and health-care investments in the second quarter, adding to bets on a cyclical recovery with larger positions in industrial and financial shares—and cheaper relative valuations in the market. Goldman Sachs analysts recently compiled holdings of 815 hedge funds […]