# Active Funds Struggle Against Magnificent Seven

Page: https://stenobird.com/podcast/durham-news-today-2-min-news-the-daily-news-now-7569659/active-funds-struggle-against-magnificent-seven
Text version: https://stenobird.com/podcast/durham-news-today-2-min-news-the-daily-news-now-7569659/active-funds-struggle-against-magnificent-seven.md
Podcast: [Durham News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/durham-news-today-2-min-news-the-daily-news-now-7569659)
Published: 2026-05-25T06:17:46+00:00
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Duration seconds: 94

## Resource

The S&P 500 is up nine percent this year, but most big mutual funds are falling short—only 29% are beating benchmarks, down from the usual 37%. The culprit? A massive underweight in the “Magnificent Seven” stocks, with funds holding 723 basis points less than their market weight. Even as some of these giants soared and others lagged, all seven saw reduced holdings in Q1. Value funds are hit hardest, with just 13% outperforming. Meanwhile, managers are shifting aggressively toward semiconductors (+25 bps) and away from software (-12 bps), the biggest swing since 2012. Active funds are struggling to keep pace as the market’s momentum is driven by just a few titans. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/86597019e20fa2ae

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## Transcript

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