Goldman Sachs - Global hedge funds reducing exposure to US stocks for 5 days in a row

  • Not the only ones

A note from Goldman Sachs, info via Reuters, citing GS 'without providing figures':

  • value of stocks hedge funds ditched over the last five trading sessions was the biggest since November 2022 and is close to a five-year record
  • de-risking has been led by the information technology sector, followed by industrial, healthcare, consumer discretionary and communications services

ICYMI:

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Goldman Sachs is a good source of such info as its one of the biggest global providers of equities trading and financing for hedge funds

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