---
title: "With the soaring stock price of NVIDIA, hedge funds have increased their exposure to the \"Seven Sisters\" of US stocks to a record high"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/205096238.md"
description: "The \"Seven Sisters\" of the US stock market currently account for more than 20% of the total net exposure of hedge funds to individual US stocks"
datetime: "2024-05-29T12:25:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/205096238.md)
  - [en](https://longbridge.com/en/news/205096238.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/205096238.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/205096238.md) | [繁體中文](https://longbridge.com/zh-HK/news/205096238.md)


# With the soaring stock price of NVIDIA, hedge funds have increased their exposure to the "Seven Sisters" of US stocks to a record high

NVIDIA's first-quarter performance exceeded expectations across the board, once again igniting hedge funds' enthusiasm for giant tech stocks.

According to data from Goldman Sachs' prime brokerage business, **after NVIDIA released its first-quarter report last week, hedge funds' exposure to the "Big Seven" US stocks reached a historic high.**

The report shows that NVIDIA, Apple, Amazon, Meta Platforms, Google's parent company Alphabet, Tesla, and Microsoft currently account for around 20.7% of hedge funds' total net exposure to individual US stocks.

Based on the financial report released last Thursday, **NVIDIA achieved record-high total revenue and data center revenue in the first quarter**, raised its Q2 revenue guidance above expectations, announced a 10:1 stock split, and significantly increased its dividend payout.

Since the release of the first-quarter report, NVIDIA's stock price has surged by over 20%, increasing its market value by $470 billion to $2.81 trillion, trailing behind Apple, the world's most valuable company, by only $100 billion.

However, during this period, the stock prices of other tech giants have performed averagely.

### Related Stocks

- [NVIDIA Corporation (NVDA.US)](https://longbridge.com/en/quote/NVDA.US.md)
- [GraniteShares 2x Long NVDA Daily ETF (NVDL.US)](https://longbridge.com/en/quote/NVDL.US.md)
- [Direxion Daily Semicondct Bull 3X ETF (SOXL.US)](https://longbridge.com/en/quote/SOXL.US.md)
- [VanEck Semiconductor ETF (SMH.US)](https://longbridge.com/en/quote/SMH.US.md)

## Related News & Research

- [My Personal CFO LLC Makes New Investment in Applied Materials, Inc. $AMAT](https://longbridge.com/en/news/281351083.md)
- [TSMC Gets Nod to Deploy 3nm Process at Japan Fab](https://longbridge.com/en/news/281343240.md)
- [Phancy Group Narrows Loss in 2025](https://longbridge.com/en/news/281018345.md)
- [3 Best Tech Stocks Rated 'Strong Buy' for April 2026: 50%+ Upside](https://longbridge.com/en/news/281347354.md)
- [Royal Fund Management LLC Cuts Stake in ARM Holdings PLC Sponsored ADR $ARM](https://longbridge.com/en/news/281341514.md)