AMD hedge funds show split picture in Q2: big buys, full exits

The article says hedge funds took a mixed stance on AMD in Q2 13F filings. Several managers increased or initiated positions, while others trimmed or exited after a strong run in the stock. Notable buyers included Whale Rock Capital, Maverick Capital, Tiger Global, and Soros Capital, while Iconiq Capital exited and SRS Investment and Glenview Capital reduced holdings. The takeaway for markets is that institutional conviction is split: some funds still see upside in AMD’s AI and semiconductor exposure, but others are locking in gains or lowering risk after appreciation. The stock was already trading lower in the accompanying market data, suggesting the news may reinforce near-term caution rather than drive a clear directional catalyst.