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The Business Insider: The Money Game Hedge funds are piling into healthcare stocks at record levels, Goldman Sachs says
  • Hedge fund positioning in healthcare stocks reached a record 10 percentage points overweight compared to the Russell 3000 index, Goldman Sachs said Friday.
  • The rotation was primarily fueled by soaring interest in biotech names. Recent weeks have seen investors pile into companies racing to introduce the first coronavirus treatment.
  • Positioning has grown more crowded both within and across funds in the second quarter, Goldman added, as managers rotate even further toward growth stocks and defensive plays.
  • Visit the Business Insider homepage for more stories.

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