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Bracing for the Great Tech Exodus
Hedge funds love high-flying tech and media stocks. But what happens when the sector plummets — and they all dump them at once?
Illustration by Institutional InvestorTechnology, internet, and media stocks have heavily driven stock market gains over the past few years — a fact not lost on hedge funds, which have clung to these capital gains generators as though their compensation depended on it. The six most widely held hedge fund stocks fall
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