Goldman Identifies 3 Big Things That Hedge Funds Are Doing With Their $1.2 Trillion In Equity Assets

Business Insiders reports that Goldman’s David Kostin notes  three trends from the last hedge fund 13-Fs, and what they’re doing with their $1.2 trillion in equity assets.

The market news is quoted as saying:

Hedge funds own $23 billion of long positions in Gold Stocks and ETFs with approximately $8.6 billion or 38% of their exposure held in the form of the SPDR Gold Trust ETF (GLD). Hedge Funds own an additional $9 billion in Fertilizers & Agricultural Chemicals stocks and Agricultural ETFs, including $4 billion of Potash (POT) as a consequence of M&A activity.

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