Hedge Funds Slash US Equity Exposure to Record Low -20%
Hedge fund exposure to US stocks relative to the MSCI ACWI Index dropped to -20%, a record low, from 0% at end-2023, signaling extreme caution.
Hedge funds have aggressively reduced their exposure to US equities, with positioning relative to the MSCI ACWI Index falling to a record low of -20%. This marks a sharp deterioration from 0% at the end of 2023.
The move reflects growing caution among fund managers toward US stocks, as macroeconomic uncertainties and shifting market dynamics weigh on sentiment. The data was highlighted by @FirstSquaw.
Source: First Squawk