Hedge funds sold global equities at the quickest rate in 13 years during March 2026, per Goldman Sachs prime brokerage data.
The MSCI All‑Country World Index fell 7.4% in March, its worst monthly decline since 2022, while the S&P 500 dropped 5.1%.
Short positions in equity ETFs rose 17%, driving US ETF short growth and outflows from eight sectors, mainly industrials, materials, financials.
Hedge funds bought consumer staples at the fastest pace since July 2025 and net‑bought tech, media, telecom stocks in four months, covering shorts.