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

Total hedge fund industry capital increased by a record $409.3 billion in the second quarter to $5.6 trillion, data from hedge fund research firm HFR showed on Friday.

Specialised healthcare hedge funds posted returns near 40% between August 2025 and April 2026, compared to generalist stock trading hedge funds which have returned 17% in the same time frame, Goldman Sachs' healthcare focused report said.

There are more hedge funds solely focused on healthcare this year, the bank added, with 24% of this year's new fund launches dedicated to the sector, the highest since at least 2009.

Of roughly $1 trillion managed by equity hedge funds, Goldman Sachs said about $283 billion is managed by those specialising in healthcare.