After 4 Weeks Of Buying, Hedge Funds Turn Sellers Driven By Aggressive Shorting

Since it was a shortened week, the normal Weekly Rundown note from Goldman's trading desk, arguably one of the most important reports from any Wall Street bank, was not published and instead Goldman ran a much shortened version focusing only on the bank's Prime Brokerage. Here is what it revealed.

The GS Equity Fundamental L/S Performance Estimate rose +4.53% between 6/12 and 6/18 (vs MSCI World TR +1.89%), driven by alpha of +2.29% on the back of long and short side gains and beta of +2.23%. The GS Equity Systematic L/S Performance Estimate rose +1.14% during the same period, driven by alpha of +0.99% on the back of long side gains and beta of +0.15%.