The Kobeissi Letter(@KobeissiLetter):US tech fund flows are seeing extreme volatility: US technology sector funds posted -$15 billion in outflows this week, the largest weekly withdrawal in at least 2.5 years. This exceeds the previous largest weekly outflow over this period by +100%. This also comes after +$19 billion in inflows the prior week, also the largest weekly inflow in at least 2.5 years. Furthermore, US equity funds saw an -$8.5 billion outflow this week, the largest weekly withdrawal in 3 months, following a record +$119 billion inflow. Year-to-date, US equity funds have attracted +$332 billion in inflows, accounting for half of the +$661 billion total across all developed markets. Investors are cashing out massive profits.

2026.06.27 17:04

US tech fund flows are seeing extreme volatility: US technology sector funds posted -$15 billion in outflows this week, the largest weekly withdrawal in at least 2.5 years. This exceeds the previous largest weekly outflow over this period by +100%. This also comes after +$19 billion in inflows the prior week, also the largest weekly inflow in at least 2.5 years. Furthermore, US equity funds saw an -$8.5 billion outflow this week, the largest weekly withdrawal in 3 months, following a record +$119 billion inflow. Year-to-date, US equity funds have attracted +$332 billion in inflows, accounting for half of the +$661 billion total across all developed markets. Investors are cashing out massive profits.