October 2026 was Walleye Capital’s weakest month since March 2020, with the firm down 5.9% as hedge funds’ net technology stock sales reached about $20 billion across two weeks.
The $17 billion multi-strategy manager was down 6.8% year to date. Walleye had planned to pare its core equity long-short operation and return some investor capital, as EconoTimes previously reported.
Marshall Wace’s Eureka fund fell 5.4% in October, and ExodusPoint lost 2.4%. Millennium’s flagship fund and North Rock Capital each declined 2.3%; Point72 and Schonfeld also reported monthly losses.
A separate measure of hedge fund activity in AI shares showed that five sessions of selling canceled the net buying accumulated since early 2025. EconoTimes previously covered the reversal in accumulated net AI stock buying.
