The Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York City, U.S., December 3, 2021. REUTERS/Jeenah Moon NEW YORK: Hedge funds got back in to stocks in the technology, media and telecom (TMT) sector in August, in the most active buying since February 2021, according to a Goldman Sachs prime services report. Long buys in the so-called TMT sector outpaced short sales at a 6.5 to 1 ratio, the bank said in the note, underscoring that portfolio managers were more optimistic about the sector's valuations.