Hedge funds stuck to their holdings in companies with strong fundamentals ​in April, particularly technology and semiconductor ‌stocks, according to a report on Wednesday from data platform Hazeltree, in a month ​when the S&P 500 jumped over ​10%.

Here are the details about hedge ⁠fund positioning in April:

*Among mega-cap stocks, ​Meta (META.O), and Amazon.com (AMZN.O), experienced more than a ​5% month-over-month increase in the number of funds holding long positions, Hazeltree said

*Nvidia (NVDA.O), experienced a ​4.5% decline, but remained a favourite ​long in the semiconductor sector.

*The share of companies in ‌the ⁠Philadelphia Semiconductor Index in which hedge funds hold net long positions rose to 57% in April from 53% in ​March.

*Crowding in ​the U.S. ⁠semiconductor sector remained most pronounced on the long side in ​Nvidia, followed by Broadcom (AVGO.O), and ​Lam ⁠Research (LRCX.O).

*On the short side, ON Semiconductor (ON.O), was the most crowded name, followed by ⁠Microchip ​Technology (MCHP.O), and Monolithic Power ​Systems (MPWR.O). (Reuters, 2026-05-26)