Hedge Funds Boost Exposure to Big Tech's 'Magnificent 7' to 22% of US Holdings
Hedge funds are increasing their bets on Big Tech stocks at the fastest pace since 2020, with their exposure to the 'Magnificent 7' reaching 22% of total US holdings.
Hedge funds are increasing their bets on Big Tech stocks at the fastest pace since 2020, with their exposure to the 'Magnificent 7' reaching 22% of total US holdings. XRP (XRP) is trading at $1.37. This is an original Token Times brief based on reporting by The Daily Hodl, with live market data added, as of Tue, 13 Oct 2026 05:00:01 UTC.
This surge in hedge fund exposure to Big Tech could signal renewed confidence in the sector's growth prospects, potentially influencing broader market trends and investment flows.
- Hedge funds' net exposure to Magnificent 7 stocks now at 22% of US holdings.
- Biggest increase in Big Tech bets since 2020, according to Goldman Sachs data.
- Magnificent 7 includes Alphabet, Amazon, Apple, and other leading tech firms.
Hedge funds are significantly increasing their investments in the 'Magnificent 7' group of Big Tech stocks, with their net exposure reaching 22% of total US holdings according to data from Goldman Sachs, as reported by The Kobeissi Letter and cited by The Daily Hodl.
This marks the highest level of hedge fund exposure to these tech giants since 2020, indicating a renewed confidence in the sector's growth potential amidst a recovering market environment.
The Magnificent 7 includes major tech companies such as Alphabet (GOOGL/GOOG), Amazon (AMZN), and Apple (AAPL), among others. This trend suggests that hedge funds are favoring established tech firms over other investment opportunities.
In a separate development, Decrypt reported on a technical issue with 
XRP's payment engine, which has been dormant since 2015. This flaw could potentially allow an attacker to mint XRP beyond the token's total supply, raising concerns about cryptocurrency security.
The broader market remains relatively flat, with the total crypto market cap at $2.87 trillion. 
Bitcoin is down 0.28% in the last 24 hours, while XRP has seen a more significant decline of 2.63% over the same period, currently trading at $1.37.
Since this brief published about 41 hours ago, XRP (XRP) has moved from $1.37 to $1.37 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹143.18 (about $1.37), down 3.5% over 24 hours. The rupee itself trades about 9.0% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Hedge Funds Boost Exposure to Big Tech's 'Magnificen — questions & answers
What are the 'Magnificent 7' stocks?
The Magnificent 7 includes Alphabet, Amazon, Apple, and other leading tech companies.
Why are hedge funds increasing their exposure to Big Tech?
The increase suggests renewed confidence in the growth potential of major tech companies.
What is the technical issue with XRP's payment engine?
The issue could allow an attacker to mint XRP beyond the token's total supply.
How much is 1 XRP worth in rupee today?
About ₹143.18 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.37. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from The Daily Hodl. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.