Hedge Funds Are Dumping Bank Stocks and Piling Into One Sector, Says Goldman Sachs: Report

Wall Street titan Goldman Sachs says hedge funds are cutting back investments in bank stocks. Citing data from Goldman Sachs prime brokerage desk, Reuters reports hedge funds dumped bank stocks for the second straight week and bought consumer staple stocks at the fastest pace in nearly two years. source: https://dailyhodl.com/2025/07/17/hedge-funds-are-dumping-bank-stocks-and-piling-into-one-sector-says-goldman-sachs-report/