Hedge Funds Are Quietly Flooding Back Into Tech Stocks: Goldman Prime

This past weekend, when discussing Warren Buffett's recent unexpected firesale of AAPL stock, whereby the Berkshire billionaire liquidated half of his top holding...

hedge funds are quietly flooding back into tech stocks goldman prime

... we said that the most remarkable thing about said sale is when and how Buffett dumped half his Apple holdings: Berkshire managed to offload a stunning $84 billion, or some 390 million shares, in AAPL at a time when the stock was appreciating rapidly, and especially after the meltup following the WWDC24 developer conference, which helped propel it to a new all time high. And yet, not a single media report or leak about Buffett's ongoing liquidation emerged.

Authored by Tyler Durden via ZeroHedge August 8th 2024