{"id":66923,"date":"2018-12-05T01:26:22","date_gmt":"2018-12-05T06:26:22","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=66923"},"modified":"2018-12-05T01:26:22","modified_gmt":"2018-12-05T06:26:22","slug":"hedge-funds-are-ditching-big-tech-names-as-sector-gets-slammed-2","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2018\/hedge-funds-are-ditching-big-tech-names-as-sector-gets-slammed-2.html","title":{"rendered":"Hedge Funds Are Ditching Big Tech Names As Sector Gets Slammed"},"content":{"rendered":"<p>\n(CNBC) Hedge funds bailed on tech stocks just in time, getting out of the battered sector and into a more defensive stance just as the market started its fourth-quarter slide. Managers rotated out of both information technology and its new related sector, communication services, as the fourth quarter began in October, according to a Goldman Sachs analysis. The funds in Goldman&#8217;s coverage universe slightly lowered their infotech underweight and made communication services, which features such industry luminaries as Facebook, Netflix and Alphabet, its biggest underweight.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2018\/12\/03\/hedge-funds-ditching-big-tech-names-as-sector-gets-slammed.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Hedge funds bailed on tech stocks just in time, getting out of the battered sector and into a more defensive stance just as the market started its fourth-quarter slide. Managers rotated out of both information technology and its new [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-66923","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=66923"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66923\/revisions"}],"predecessor-version":[{"id":66926,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66923\/revisions\/66926"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=66923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=66923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=66923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}