A Goldman Sachs report out today details some major shifts in the hedge fund world’s market preferences.
Brendan Mcdermid / Reuters / Reuters
Goldman Sachs' Hedge Fund Trend Monitor is one of the most comprehensive and closely read reports about the industry's investing trends. It provides detailed analysis on popular and unpopular stock picks among hedge funds of all sizes, along with short and long positions and other data. Through the quarter ended Sept. 30, Goldman crunched the numbers on 13F filings for 783 hedge funds with a combined $1.7 trillion in assets under management. Here's what the bank, which is actually winding down its own hedge fund investments due to regulatory issues, found:
Goldman ranked the most important long and short positions as of Sept. 30, noting the stocks with the most hedge fund assets in them on either side of an investment. Among the long and short "VIPs" were some newcomers, namely Facebook and Irish drug manufacturer Elan Corporation on the long side, and Salesforce, Johnson & Johnson, Netflix, and Pfizer on the short side.
News Corp and Facebook had positive changes during the quarter, while Google lost favor.
Robert Galbraith / Reuters
