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The Hedge Fund Love Affair With Tech Is Souring

(Bloomberg)Live by technology shares, die by technology shares. Unless you can guard against declines. Hedge funds are increasing short bets on tech stocks, especially in the U.S., where combined positioning shows managers the least reliant on American technology firms in nine months, according to data from Credit Suisse Group AG’s prime services. The worldwide view also reveals newly added bearish wagers while long positions have remained steady.

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