Analysis: hedge funds are repurchased into US equity, with $4.8 billion net last week

On August 6, The Kobeissi Letter wrote that hedge funds had purchased $4.8 billion in United States equities last week, on a scale of the second largest week since 2008. Based on the ratio of total market value of 500 to the standard, this buy-in ranked 24th in history. Over the same period, institutional investors netted $3.8 billion, ending four consecutive weeks of net purchases and reducing their average net purchases over the past four weeks to $3.9 billion. In the same period, there was a small net sale of $200 million by bulk investors, and their average net buy-in in the last four weeks fell to $600 million. The hedge fund is repurchased into United States equities。