PremiumPanic Buying: Hedge Funds Buy Most Stocks Since Dec 2023
This article is so good
it's for premium members only.
Does that sound like you?
Already a member? Sign in.
PREMIUM
ONLY $30/MONTH
BILLED ANNUALLY OR $35 MONTHLY
All BASIC features, plus:
- Premium Articles: Dive into subscriber-only content, market analysis, and insights that keep you ahead of the game.
- Access to our Private X Account, The Market Ear analysis, and Newsquawk
- Ad-Free Experience: Enjoy an uninterrupted browsing experience.
PROFESSIONAL
ONLY $125/MONTH
BILLED ANNUALLY OR $150 MONTHLY
All PREMIUM features, plus:
- Research Catalog: Access to our constantly updated research database, via a private Dropbox account (including hedge fund letters, research reports and analyses from all the top Wall Street banks)
One week ago we reported that while much of the second half of the year - and certainly since the August carry trade splat - felt like stocks were climbing a wall of worry in which the smart money was constantly selling into the low-volume meltup..
... everything flipped two weeks ago when, as Goldman's Prime Brokerage wrote, after 8 straight weeks of selling, hedge funds net bought US equities at the fastest pace in 4 months, driven entirely by Single Stocks which saw the largest net buying since Dec ‘21.