Bank of America: Hedge funds posted record US stock sales last week
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
There has also been a record outflow of funds from hedge funds in technology stocks, mainly concentrated in large-cap stocks, Bank of America strategist Jill Carey Hall wrote in a report dated May 19. Overall, five out of the eleven industry sectors saw outflows, with the communication services and industrial sectors experiencing the largest outflows after the technology sector. Financial stocks recorded the highest inflows, followed by utilities stocks. She noted that institutional clients have bought stocks for the third consecutive week, while private clients turned into buyers again after selling last week.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Asian Equities Traded in the US as American Depositary Receipts Start Week Lower in Monday Trading
MT newswire•2026/09/28 14:41

Comstock wins summary judgment in Town of Herndon contract dispute
Bitget•2026/09/28 14:30
Goldman Sachs to Launch Voluntary Voting Instruction Program
MT newswire•2026/09/28 14:16
Stagwell Boosts Investment in Real Clear
MT newswire•2026/09/28 14:10
Crypto prices
MoreBitcoin
BTC
$82,957.95
-1.80%
Ethereum
ETH
$2,664.2
-0.82%
Tether USDt
USDT
$0.9997
-0.01%
BNB
BNB
$758.61
-2.14%
XRP
XRP
$1.48
-2.06%
USDC
USDC
$1.0000
+0.01%
Solana
SOL
$117.97
-2.91%
TRON
TRX
$0.3339
+0.08%
Zcash
ZEC
$1,535.35
-3.24%
Hyperliquid
HYPE
$87.58
-4.18%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now