176 days ago • Posted by Charles-Henry Monchau

Relative exposure of US long-only managers to FAAMG is at a 5-year low

Average mutual fund exposure to FAAMG (Facebook, Apple, Amazon, Microsoft, Google) fell to a 5.4% underweight, the largest underweight during the past five years. Each of the five FAAMG stocks are among the 25 most underweight positions across large-cap mutual funds (source: Goldman Sachs, The Market Ear).

FAAMG average mutual fund relative exposure