{"id":91490,"date":"2025-12-04T00:17:00","date_gmt":"2025-12-04T05:17:00","guid":{"rendered":"https:\/\/staging.hedgeco.net\/news\/?p=91490"},"modified":"2025-12-04T01:19:07","modified_gmt":"2025-12-04T06:19:07","slug":"november-delivers-strong-results-for-many-but-tech-funds-feel-the-heat","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2025\/november-delivers-strong-results-for-many-but-tech-funds-feel-the-heat.html","title":{"rendered":"November Delivers Strong Results for Many\u2014but Tech Funds Feel the Heat"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/assets.bwbx.io\/images\/users\/iqjWHBFdfxIU\/i4QLbD57b66A\/v1\/1200x801.jpg\" alt=\"https:\/\/assets.bwbx.io\/images\/users\/iqjWHBFdfxIU\/i4QLbD57b66A\/v1\/1200x801.jpg\"\/><\/figure>\n\n\n\n<p>(HedgeCo.Net). Despite a rough month for tech-heavy assets, hedge funds broadly managed to deliver solid gains in November \u2014 and maintain strong year-to-date performance. According to a recent note from Goldman Sachs, global hedge funds are up nearly\u00a0<strong>15%<\/strong>\u00a0in 2025 as of end-November.\u00a0<a href=\"https:\/\/www.reuters.com\/business\/finance\/how-hedge-funds-performed-volatile-november-2025-12-03\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noreferrer noopener\">Reuters+2Global Banking | Finance+2<\/a><\/p>\n\n\n\n<p>Long\/short funds \u2014 a core group of \u201cstock-pickers\u201d \u2014 posted about&nbsp;<strong>1.1%<\/strong>&nbsp;in November, a respectable result given broader market headwinds. These funds outperformed major indices: the S&amp;P 500 (which ended the month roughly flat), the Nasdaq Composite (down over 1.5%), and the Dow Jones Industrial Average (up just over 0.3%).&nbsp;<a href=\"https:\/\/www.reuters.com\/business\/finance\/how-hedge-funds-performed-volatile-november-2025-12-03\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noreferrer noopener\">Reuters+1<\/a><\/p>\n\n\n\n<p>So what drove the gains? A few themes stand out:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Healthcare stocks<\/strong>: The healthcare sector surged about 7% in November, and is now up nearly 30% year-to-date. Many hedge funds heavily tilted toward healthcare saw outsized gains.\u00a0<a href=\"https:\/\/www.reuters.com\/business\/finance\/how-hedge-funds-performed-volatile-november-2025-12-03\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noreferrer noopener\">Reuters+1<\/a><\/li>\n\n\n\n<li><strong>Quant and systematic funds<\/strong>: These funds had strong showings, rising around 3.7% \u2014 their best monthly performance since March. Their exposure to shorts and healthcare positions helped offset weakness elsewhere.\u00a0<a href=\"https:\/\/www.reuters.com\/business\/finance\/how-hedge-funds-performed-volatile-november-2025-12-03\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noreferrer noopener\">Reuters+1<\/a><\/li>\n\n\n\n<li><strong>Geographic tilts<\/strong>: Hedge funds broadly preferred\u00a0<strong>North American equities<\/strong>\u00a0for the third month in a row, while trimming European exposure \u2014 which was sold at the fastest pace in seven months. In Asia, funds increased long positions in Japan and reduced shorts in Hong Kong.\u00a0<a href=\"https:\/\/www.reuters.com\/business\/finance\/how-hedge-funds-performed-volatile-november-2025-12-03\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noreferrer noopener\">Reuters+1<\/a><\/li>\n<\/ul>\n\n\n\n<p>By contrast, funds focused on&nbsp;<strong>technology, media, and telecom (TMT)<\/strong>&nbsp;struggled: the broader selloff in tech dragged TMT-focused funds down 0.8% in November. Still, intriguingly, many stock-picking funds kept accumulating U.S. TMT names \u2014 perhaps anticipating a rebound once valuations settle.&nbsp;<a href=\"https:\/\/www.reuters.com\/business\/finance\/how-hedge-funds-performed-volatile-november-2025-12-03\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noreferrer noopener\">Reuters+1<\/a><\/p>\n\n\n\n<p>Finally, even many large multi-strategy funds \u2014 including prominent names like Citadel, Schonfeld, and Millennium Management \u2014 reportedly posted gains. While hedge funds as a class posted ~15% YTD, these flagship players remain closely watched by allocators and competitors alike.&nbsp;<a href=\"https:\/\/www.reuters.com\/business\/finance\/how-hedge-funds-performed-volatile-november-2025-12-03\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noreferrer noopener\">Reuters+1<\/a><\/p>\n\n\n\n<p>In sum: November demonstrated the resilience and adaptability of hedge funds. Even as tech stuttered, savvy sector allocation \u2014 especially toward healthcare \u2014 plus strong quant performance allowed many funds to keep rolling upward.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n","protected":false},"excerpt":{"rendered":"<p>(HedgeCo.Net). Despite a rough month for tech-heavy assets, hedge funds broadly managed to deliver solid gains in November \u2014 and maintain strong year-to-date performance. According to a recent note from Goldman Sachs, global hedge funds are up nearly\u00a015%\u00a0in 2025 as [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":91438,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16042],"tags":[14582],"class_list":["post-91490","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hedge-fund-performance-2","tag-goldman-sachs-and-co"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/91490","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=91490"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/91490\/revisions"}],"predecessor-version":[{"id":91493,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/91490\/revisions\/91493"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media\/91438"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=91490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=91490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=91490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}