Hedge fund bets on rising US healthcare stocks near 5-year high, Goldman says

Hedge fund exposure to US healthcare stocks hit a near five-year high last week, marking the second straight week of aggressive buying, according to a Goldman Sachs note dated July 24. The S&P 500 healthcare index is up almost 5% year-to-date, while specialised healthcare hedge funds posted returns near 40% between August 2025 and April 2026. Around $283 billion of the roughly $1 trillion in equity hedge fund assets is now managed by healthcare-focused funds, with 24% of new fund launches this year dedicated to the sector.