Pershing Square (Bill Ackman) discloses updated portfolio positions in 13F filing
Increased positions $GOOGL (to ~4.35 mln shares from ~2.19 mln shares), $HLT (to ~10.31 mln from ~9.33 mln), $HHH (~16.8 mln shares, from ~16.6 mln) Maintained positions in: $QSR (~23.35 mln shares), $CP (~15.1 mln shares), $GOOG (~9.38 mln shares), $CMG (~0.95 mln shares) Decreased positions in: $LOW (to ~7.07 mln shares from ~7.47 mln shares) Source: Ripster
Hedge Funds have increased their short stock positions for 14 consecutive weeks, the longest streak in history
Source: Win Smart, Goldman
CTAs are currently short $52 billion in U.S. equities, the largest short position in AT LEAST 5 years
Source: barchart
Hedge Funds were quite short going into November
Source: Markets Mayhem, GS
We have seen one of the fastest drops in equity positioning since early 2022. Time to think about the upside pain trade?
Source: TME, DB
Global equity positioning by ctas is very, very long
Source: Markets & Mayhem, Goldman Sachs
Favouring high-quality bonds over other asset classes in the coming months?
BofA's traditional monthly survey of global fund managers has been released and shows that investors are the most overweight bonds over stocks since March 2009! Investors are also the most record longs in Investment Grade vs. High Yield since inception (2015). Source: Bank of America
