Individual Investors Have Been on a Record-Setting Buying Streak — and They Are Loving the Magnificent Seven

Individual investors have scooped up shares of Tesla and Nvidia while selling the rip in Meta, data from J.P. Morgan show

Retail traders have scooped up shares of individual stocks at the fastest pace on record over the past week, J. P. Morgan data showed.

Retail investors have been remarkably active in the stock market lately, according to a team of strategists at J.P. Morgan.

The vaunted Magnificent Seven tech stocks have struggled as a group since the start of 2025, and retail traders have stepped up to aggressively buy the dip.

This has been the highlight of a record-setting surge in retail-trading activity highlighted by J.P. Morgan in a report shared with clients on Wednesday.

Retail traders bought $3.2 billion in shares of individual stocks on a net basis earlier on Tuesday, the report said. Shares of Magnificent Seven members accounted for about 70% of this activity.

By J.P. Morgan’s count, that brought their buying spree to $12 billion worth of cash equities over the past week. Single stocks accounted for $8.6 billion of this, the largest weekly tally on record.

J.P. MORGAN

Their favorites during this period included Tesla Inc. and Nvidia Corp., which have struggled since the start of 2025. Traders also chased shares of Palantir Technologies Inc. and Oklo Inc. higher, the J.P. Morgan team said.

At the same time, these traders aggressively sold shares of Meta Platforms Inc., taking advantage of the stock’s monster gains. Meta shares have rocketed higher recently, gaining more than 17% during a 13-day winning streak through Wednesday that has been the stock’s longest on record, Traders have also slightly trimmed their holdings in Apple Inc.

While retail traders have been buying, institutional investors have been selling.

According to the J.P. Morgan team, periods of aggressive retail buying have in the past frequently signaled more short-term gains ahead for the U.S. equity market.

J.P. Morgan isn’t the only Wall Street institution to highlight retail traders’ dip-buying antics. Goldman Sachs Group’s Scott Rubner also noted that retail traders have been pushing around their better-capitalized institutional peers lately, as MarketWatch reported earlier.