---
title: Active Managers are leveraged long equities (>100% exposure) for the first time since July 2024.
description: "Back then, we saw a 10% correction in the S&P 500. $SPX\n\nSource: Charlie Bilello"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Active Managers are leveraged long equities (\>100% exposure) for the first time since July 2024.](https://blog.syzgroup.com/syz-the-moment/active-managers-are-leveraged-long-equities-100-exposure-for-the-first-time-since-july-2024)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Nov 6, 2025, 1:54:25 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/active-managers-are-leveraged-long-equities-100-exposure-for-the-first-time-since-july-2024)

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