Jeffrey Gundlach Wants Out of AI Trade, Plans Portfolio Shift
DoubleLine's Jeffrey Gundlach says he wants out of the AI trade and plans to protect portfolios, but the limited feed omits his specific replacement assets.
Summary
MarketWatch’s limited September 17, 2026 feed says Jeffrey Gundlach, DoubleLine Capital’s CEO, founder and chief investment officer, fears where the AI trade is headed and is moving his money as far from AI as possible. His statement, “I just want out,” indicates a decisive retreat rather than a modest reduction.
Gundlach also outlined how he plans to protect portfolios and what he intends to do instead, according to the feed. However, it identifies no replacement assets, holdings, allocation percentages, dollar amounts, timing, affected funds or securities, preventing assessment of the shift’s scale and implementation.
Positives
- Gundlach says he has a plan to protect portfolios while withdrawing from the AI trade.
- The planned reallocation goes beyond expressing concern, with Gundlach outlining what he intends to do instead.
- DoubleLine’s CEO, founder and chief investment officer has made his AI risk stance explicit for portfolio stakeholders.
Risks & concerns
- Gundlach fears the AI trade’s future direction, signaling substantial concern about the investment theme.
- His statement that he wants out indicates unusually strong aversion to continued AI exposure.
- The limited feed omits replacement assets, allocation sizes, timing and affected funds, leaving the portfolio shift difficult to evaluate.
