Hedge funds sold technology stocks at the fastest rate in over ten years during the week ending October 15, 2026, with semiconductor stocks taking the biggest hit. This selling was primarily long liquidation, meaning funds sold shares they already owned rather than opening new short positions, which suggests the selling may pause once funds have trimmed their holdings. Despite the selloff, tech stocks still represent a large portion of hedge fund portfolios, indicating potential for further sales. Nvidia showed relative stability, while broader chip ETFs like SOXX experienced sharper declines, highlighting differing risks within the sector. The key question remains whether this selling clears out weaker holders or signals a longer downturn for tech stocks.
As of Oct 20, 2026 20:51 WIB, Nvidia trades at USD 213.54 on Pluang, down 1.64% in the last day, showing some resilience compared to broader semiconductor ETFs like SOXX, which fell 1.75% to USD 493.31. Marvell Technology saw a sharper decline of 3.34% to USD 229.16, reflecting ongoing volatility in tech stocks. Meanwhile, Goldman Sachs shares edged up 0.25% to USD 878.00, with a majority of Pluang orders leaning towards selling at 68%.
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