Woofun AI data shows that hedge fund selling of US information technology stocks reached its highest weekly level since records began in 2016 for the week ending June 25. This volume exceeded the sell-off seen in August 2024 when the Nasdaq 100 index fell more than -10%, entering correction territory.

Exposure to the Magnificent 7 stocks declined to 14.5% of total hedge fund holdings, approaching a three-year low. This represents a 7 percentage point drop from early 2026, marking the steepest six-month decline since the 2022 bear market.