Seligman Slashes Market Exposure

Still, the tech-focused hedge fund headed by Paul Wick took five new positions and has eight favorite stocks for 2025, according to client reports seen by II.

Stephen Taub March 26, 2025

Abstract image of the stock market chart reaching bottom in a computer monitor.

Yuichiro Chino/Getty Images

The Seligman Tech Spectrum Fund has sharply cut back on its net exposure to the stock market since year-end.The hedge fund headed by Paul Wick was 48 percent net long as of the end of February, down from 57 percent the previous month, with all

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