Post by AlternativeSoft

Hedge funds bought global equities at the fastest pace since November 2024 in the final week of May, according to Goldman Sachs prime brokerage data published Monday. The numbers behind it are striking. The S&P 500 delivered its best May since 1990. The Nasdaq its best May since 1997. Thomson Reuters covered the story via Nell Mackenzie - worth a read if you missed it. North America led all regions, reversing months of deliberate de-risking. AIMA - The Alternative Investment Management Association members will recognise this as a meaningful positioning shift - hedge funds net buyers in every global region simultaneously, last seen at the November 2024 post-election rally. Technology saw its largest net long accumulation in over five years. Concentrated in AI semiconductors, hardware and electrical equipment. Not software, which was modestly net sold. The physical layer of the AI build-out is where the conviction is sitting right now. One number worth watching: gross leverage hit a record high as shorts rose alongside longs. First time since the 2021 short squeeze that short interest in the median S&P Global stock has exceeded its long-term average. Broad bullishness plus record leverage is a combination worth stress-testing your portfolio against. Full analysis from AlternativeSoft here: https://lnkd.in/e5WCPRRp #HedgeFunds #EquityMarkets #NorthAmerica #AI #Semiconductors #InstitutionalInvesting #AlternativeSoft #HedgeFundFlows #AlternativeInvestments #PortfolioConstruction