
Hedge funds have been selling stocks at the fastest pace since January, while increasing their downside hedges, according to reports from Goldman Sachs. This reversal in trend, with net selling of US equities, was driven by short and long sales, indicating a more cautious approach by hedge funds.

Hedge Funds dumped stocks at the fastest rate since January and, in particular, sold Industrials at the fastest pace in a decade. Source: Goldman Sachs https://t.co/bXn8N5WQFR
"Flows [last] week unequivocally point to a more cautious posture by HFs, as managers net sold US equities at the fastest pace since early Jan." Goldman Sachs via @zerohedge https://t.co/Ol7M8lBSar
HF actually sold in May and walked away, would explain that liquidity drop After 5 weeks of net buying, hedge funds reversed course and net sold US equities at the fastest pace since early January (-1.6 SDs one-year), driven by short sales and long sales (1.7 to 1). Aggregate… https://t.co/h5s1LMdF1g