Hedge funds split on Alphabet, turn bearish on Broadcom in Q2

The article says hedge fund positioning in Alphabet was mixed in Q2 2026. Several large institutional holders increased exposure, while a handful of notable managers reduced or exited positions. Berkshire Hathaway and Third Point were cited as adding to Alphabet, while Tiger Global and Pershing Square cut stakes or sold out. The piece frames this as a split sentiment signal rather than a clear bullish or bearish consensus, suggesting institutional investors remain interested in Alphabet but are divided on valuation and near-term prospects. Related mention of Broadcom reinforces that tech hedge-fund positioning was uneven across the group, with some managers adding while many others reduced exposure.