Welcome to Closing Bell. I'm Scott Wobner live from Post 9 right here at the New York Stock Exchange.

This make a break hour begins with a decidedly directionless market, whether a break out of this current range could soon be in the cards.

I think we all want an answer to that question. Here is your

score card with 60 minutes to go in regulation. Banks and semis, pretty good day

and it's the NASDAQ that is the outperformer today. You see it good for one half

of one percent energy

industrial's materials also higher the cyclical trade actually showing some

signs of life today brings us to our talk of the tape despite all of the risks

that are still out there from the debt ceiling dual to the

uncertain economy is the biggest money in this market growing a little more

positive on stocks and do their recent reported moves give us any clues on that question.

Let's ask Leslie Picker.

She's been watching that all day long, those new Hedge Fund filings.

What are we learning here?

Lots to learn and lots of filings so far today, Scott. Both value and

growth investors seeming selectively bullish on tech during the quarter.

Koto beefing up its big tech exposure, more than doubling its position in

Amazon, Netflix, and Microsoft. The firm pairing back Chinese-based companies, though,

selling off hundreds of millions of dollars worth of Alibaba and JD.com.

Tiger Global doubling what was already a sizable stake in alphabet

while adding to its largest position, Microsoft.

Big Tech also catching a bid from some value investors as well.

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