Goldman Sachs Hedge Fund Report

Below is a copy of the Goldman Sachs Hedge Fund Report.  It dives into a bunch of stats and trends that is fairly interesting about the moves that hedge funds have made.   A lot of the overall news is a given such as funds are “re-risking” and have moved into high net long exposures.  A sample of bullets:

• Net long exposure rises to 31% – highest since June 2008
• 7% of hedge funds have shut down since June 2008
• Hedge Funds now own 3.7% of the financial sector’s market cap
• Bank of America was a crowd favorite as  the number of funds owning it doubled quarter over quarter.

Copy of full report on full post…..