US Tech Funds Attract Second-Largest Weekly Inflows on Record
Technology funds pulled in $14.3 billion in the week ending July 1, marking the second-highest weekly inflow ever. Meanwhile, US equity funds saw $17.2 billion in outflows, the largest weekly withdrawal since March, signaling a sharp rotation into tech.
In the week ending July 1, US technology funds attracted $14.3 billion in net inflows, the second-largest weekly total on record. This follows a $9.3 billion outflow the prior week and a record $19.2 billion inflow two weeks earlier.
The four-week average of weekly tech fund inflows now stands at a record $9.0 billion. Year-to-date, tech funds are on pace to attract $152 billion in 2026, an all-time high.
Conversely, US equity funds experienced $17.2 billion in outflows during the same week, the largest weekly withdrawal since March. The contrasting flows highlight a continued rotation by investors from broad equity exposure into technology.
Source: The Kobeissi Letter