Value investors touted the outperformance of value stocks for several quarters, but it looks like growth names are starting to take over again. The latest data on 13F filings from hedge funds reveal that fund managers are rotating back to growth stocks amid the factor's outperformance.
However, they remain more overweight than usual on value stocks despite that shift back to growth.
Rotation From Value To Growth
In their latest "Hedge Fund Trend Monitor," Goldman Sachs analysts said hedge funds generally rotated from value to growth during the second quarter, reversing the trend observed over most of the last two years. They saw the increase in growth stocks in both sector-neutral factors and sector rotations.
Q2 2022 hedge fund letters, conferences...
