---
format: "aidr-story-markdown/v1"
id: "6ae8817a06fd7406788a413fc6a0e5fc183ce78d7dc99a0d1709b1825d3e9af0"
canonical_url: "https://aidr.today/6ae8817a?lang=en"
title: "Hedge Funds Go Underweight AI for First Time Since Early 2023 After $5T Rout"
lang: "en"
requested_lang: "en"
available_langs: ["en","vi"]
translation_fallback: null
fallback_fields: []
published_at: "2026-11-02T02:51:58.000Z"
category: "Industry"
topics: []
source_urls: ["https://huggingnews.com/us-markets/hedge-funds-go-underweight-ai-for-first-time-since-early-2023-after-5t-r-c6e872fd","https://x.com/Kalshi_Finance/status/2116273941920759835","https://x.com/zerohedge/status/2117082767590650199","https://x.com/JaredKubin/status/2116488530733994008","https://x.com/charliebilello/status/2116995004883255763","https://x.com/BullTheoryio/status/2116590817301422157","https://x.com/howardlindzon/status/2116232269807673450","https://x.com/MorningBrew/status/2116894803711438994"]
summary: "Hedge funds moved underweight the broader AI trade for the first time since early 2023 according to Morgan Stanley prime brokerage data. Goldman Sachs data shows hedge funds sold AI stocks for five straight sessions from Oct. 8 to Oct. 14. From Oct. 6 through Oct. 30, 47 AI and semiconductor stocks lost about $5 trillion in market value."
---

# Hedge Funds Go Underweight AI for First Time Since Early 2023 After $5T Rout

> [Open the canonical story](<https://aidr.today/6ae8817a?lang=en>)

**Published:** 2026-11-02T02:51:58.000Z
**Category:** Industry

## Summary

Hedge funds moved underweight the broader AI trade for the first time since early 2023 according to Morgan Stanley prime brokerage data\. Goldman Sachs data shows hedge funds sold AI stocks for five straight sessions from Oct\. 8 to Oct\. 14\. From Oct\. 6 through Oct\. 30, 47 AI and semiconductor stocks lost about $5 trillion in market value\.

## Sources

- [Story source](<https://huggingnews.com/us-markets/hedge-funds-go-underweight-ai-for-first-time-since-early-2023-after-5t-r-c6e872fd>)
- [Story source](<https://x.com/Kalshi_Finance/status/2116273941920759835>)
- [Supporting source](<https://x.com/zerohedge/status/2117082767590650199>)
- [Supporting source](<https://x.com/JaredKubin/status/2116488530733994008>)
- [Supporting source](<https://x.com/charliebilello/status/2116995004883255763>)
- [Supporting source](<https://x.com/BullTheoryio/status/2116590817301422157>)
- [Supporting source](<https://x.com/howardlindzon/status/2116232269807673450>)
- [Supporting source](<https://x.com/MorningBrew/status/2116894803711438994>)