Odaily Planet Daily reports: The Kobeissi Letter posted on X that last week, hedge funds posted their largest net selling volume in U.S. stocks since the week of "Liberation Day" in April 2025, ending three consecutive weeks of net buying.
Among these, individual stocks accounted for approximately 53% of total selling volume, with 9 out of 11 sectors experiencing net selling, primarily concentrated in information technology, industrials, utilities, healthcare, and materials. Meanwhile, macro products such as index futures and ETFs accounted for approximately 47% of total selling volume. Additionally, hedge funds slightly increased their short positions on U.S.-listed ETFs, ending six consecutive weeks of short covering, indicating that hedge funds are clearly reducing their long exposure to U.S. equities.