--- title: "Goldman Sachs: Hedge funds' bearish positions on US financial stocks increased to a five-year high last week." type: "News" locale: "en" url: "https://longbridge.com/en/news/102252070.md" description: "Goldman Sachs pointed out that global hedge funds increased their bearish positions on financial stocks to the highest level in nearly five years last week, but did not mention the underlying reasons." datetime: "2023-11-13T00:32:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/102252070.md) - [en](https://longbridge.com/en/news/102252070.md) - [zh-HK](https://longbridge.com/zh-HK/news/102252070.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/102252070.md) | [繁體中文](https://longbridge.com/zh-HK/news/102252070.md) # Goldman Sachs: Hedge funds' bearish positions on US financial stocks increased to a five-year high last week. Zhitong App learned that Goldman Sachs pointed out that global hedge funds increased their bearish positions on financial stocks to the highest level in nearly five years last week, but did not mention the fundamental reasons. Goldman Sachs' high-quality stock insights and analysis team stated in a report last Friday, "Financial stocks were the most net sold among US high-quality stocks this week, and recorded the most net sales in seven weeks, completely driven by short selling." Goldman Sachs pointed out that the ratio between long and short positions is at a historical low of less than 1.7 times. In contrast, after the outbreak of the US regional banking crisis in March this year, this ratio dropped significantly to 2.6 times. Data shows that bank stocks have fallen sharply this year. The KBW Bank Index has fallen nearly 23% year-to-date, and the S&P 500 Bank Index has fallen more than 11%. ### Related Stocks - [NYLI Hedge Multi-Strategy Tracker ETF (QAI.US)](https://longbridge.com/en/quote/QAI.US.md) ## Related News & Research - [BlackRock Grows Australia Wealth Fund Mandate 74% in Two Years](https://longbridge.com/en/news/281292328.md) - [Grab This Bargain Even Cheaper Than Director Welch Did](https://longbridge.com/en/news/281041816.md) - [TSA absences fall sharply after US airport security workers get paid](https://longbridge.com/en/news/281209853.md) - [GSK plc - ViiV completes changes to minority shareholding](https://longbridge.com/en/news/281310118.md) - [Michael Burry, Bill Ackman Highlight 'Rare,' 'Stupidly Cheap' Opportunity In Fannie & Freddie: 'Ignore The Bears'](https://longbridge.com/en/news/280999703.md)