TechFlow news: On April 15, a report released Wednesday by data platform Hazeltree indicated that, as the Iran conflict enters its seventh week, hedge funds have aggressively increased their positions in energy stocks—long positions rising over 10% since February. With U.S.-Iran negotiations failing over the weekend, the U.S. Navy has already blockaded Iranian port oil tankers. So far this year, the energy sector has risen over 22%, tracking oil price gains. According to the report, 55% of companies tracked by Hazeltree have seen long positions established in their energy stocks. Hazeltree’s data covers 600 asset management firms and 16,000 global equities. Compared to February, 44% of these asset managers increased their long positions by more than 10%. Morgan Stanley data also shows that, for the week ending April 10, the energy sector was the only U.S. equity sector experiencing net buying, with hedge funds adding long positions in oil-related assets. (Jinshi)
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