Your email has been successfully added to our mailing list.

×
0.000256159691849388 6.64117719608625E-05 0.000303596671821452 0.00120489929129147 -2.84621879832653E-05 -0.0049619081050825 -0.00259005910647714 0.00115746231131941
Stock impact report

Hedge funds cut 'Mag Seven' to two-year low ahead of earnings [Yahoo! Finance Canada]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
NEW YORK (Reuters) -Global hedge funds last week dumped the so-called Magnificent Seven megacap stocks, bringing their exposure to the group to a two-year low just ahead of their earnings, according to a Morgan Stanley note to clients seen by Reuters. The bank said the Magnificent Seven stocks accounted for more than 60% of the total dollar amount sold by hedge funds between Monday and Wednesday last week, indicating portfolio managers are not very positive about the companies' prospects. Elon Musk's electric vehicle maker Tesla kicks off the Magnificent Seven's earnings season on April 22, followed by Alphabet two days later. All the Magnificent Seven stocks - which also include Apple, Microsoft, Amazon, Nvidia, and Meta - are underperforming the S&P 500 index in 2025, with Alphabet down about 22% and Tesla off 44%. Overall, investors are cutting back their Magnificent Seven bets. A BofA survey showed that, while the megacap companies were considered the most crowded trade b Show less Read more
Impact Snapshot
Event Time:
MS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MS alerts
Opt-in for
MS alerts

from News Quantified
Opt-in for
MS alerts

from News Quantified