---
title: "Long Magnificent 7\" has been the most crowded trade among investors for 16 months straight, even after the recent drop."
description: "This is according to 71% of 242 global fund managers polled by Bank of America.\nThis percentage is up from 69% and 52% in June and May\nSource: BofA, The Kobeissi Letter"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Long Magnificent 7" has been the most crowded trade among investors for 16 months straight, even after the recent drop.](https://blog.syzgroup.com/syz-the-moment/breaking-the-odds-of-president-biden-winning-the-2024-democratic-nomination-are-down-by-24-in-2-hours-0-0-0-0-0-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-1719-392af5a4)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Jul 22, 2024, 9:13:10 AM

[View full post](https://blog.syzgroup.com/syz-the-moment/breaking-the-odds-of-president-biden-winning-the-2024-democratic-nomination-are-down-by-24-in-2-hours-0-0-0-0-0-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-1719-392af5a4)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Charles-Henry Monchau, CFA, CMT, CAIA"
  },
  "dateModified" : "2024-07-22T09:13:10.745Z",
  "datePublished" : "2024-07-22T09:13:10Z",
  "headline" : "Long Magnificent 7\" has been the most crowded trade among investors for 16 months straight, even after the recent drop.",
  "image" : {
    "@type" : "ImageObject",
    "height" : 261,
    "url" : "https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/1721457930523.jpg",
    "width" : 462
  },
  "mainEntityOfPage" : "https://blog.syzgroup.com/syz-the-moment/breaking-the-odds-of-president-biden-winning-the-2024-democratic-nomination-are-down-by-24-in-2-hours-0-0-0-0-0-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-1719-392af5a4",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "Syz The Moment"
  }
}
```