@KobeissiLetter•21 minuti fa
Institutional investors are dumping US tech equities:
Hedge funds, asset managers, and other institutional investors sold -$21.6 billion of Nasdaq futures during the week ending August 4th, the largest weekly sale on record, according to Goldman Sachs.
Short sales dominated the move, accounting for 72% of total sales.
Hedge funds sold -$11.9 billion over this period while asset managers sold -$7.4 billion.
As a result, combined institutional investor positioning in Nasdaq futures fell to -$5 billion, turning negative for the first time since May 2025.
By comparison, this figure was as high as +$54 billion in October 2025.
Institutional investors are selling into market strength.
