Guess What Percentage Of Hedge Funds Are Beating The S&P This Year

Eleven per cent.

According to Goldman’s Hedge Fund Trend Monitor, put together by Amanda Sneider, that’s the number of hedge funds who have outperformed the S&P so far this year.

That’s down from 26 per cent last year … and last year was considered rough.

A few other facts about hedge funds from the report:

  • 20 per cent of hedge funds have absolute losses year to date.
  • Hedge fund net long exposure fell to 42 per cent in June 2012. That’s down from 49 per cent in Q1.
  • Hedge funds are most exposed to consumer discretionary stocks and information tech.
  • The most popular big hedge fund sock is Apple.
  • Next is Google.
  • Exxon Mobil is the biggest short of the hedge fund community.

This is a chart showing the distribution of hedge fund returns.


Photo: Goldman Sachs

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