3 out of 4 top hedge fund and mutual fund gurus like in the semiconductor equipment industry LRCX
Noticeably absent from the list of top sector holdings of hedge funds and mutual funds concentrated in the semiconductor equipment industry are the world's number one and two leading semiconductor equipment company, Applied Materials Inc. () and Dutch manufacturer of lithography systems ASML Holding NV ( ). At $18-20 billion each, together they account for 38% of the market capitalization of the entire sector, so it would be natural to expect both AMAT and ASML to be a core holding of top hedge funds and mutual funds
concentrated in the sector, so their absence is especially noteworthy.
One should also check influence of Fukushima crisis on the industry.
Data on hedge funds from http://www.hedgetracker.com/index.php