Goldman Prime Brokerage: Hedge Funds Aggressively Shorted Last Week’s Rally As “Bears Are Dead”
Asset Managers finished the week $950mm better for sale, as we finally started to see signs of LO supply out of “Mag 7” longs and into “the rest”. HFs ended $2.8bn better for sale led by supply in YTD winners/long leg of momentum.
Tyler Durden
"Asset Managers finished the week $950mm better for sale, as we finally started to see signs of LO supply out of 'Mag 7' longs and into 'the rest'. HFs ended $2.8bn better for sale led by supply in YTD winners/long leg of momentum.[...]"
