50 Stocks That Hedge Funds Are Shorting Like Crazy

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Photo: Flickr / Thomas Hawk

Goldman Sachs tracks a group of 50 stocks they like to refer to as the “Hedge Fund VISP (Very-Important-Short Position)” basket.The VISP stocks are the ones with the largest short positions against them as measured by total dollar value.  These are the stocks that investors are betting will go down the most.

And these positions have largely been paying off.

Based on year-to-date total returns, 36 of the 50 positions are in the money.

We list the stocks based on the total dollar value of the short position against them.

Staples: $0.7 billion of short bets

Ticker:
SPLS

YTD return:
-5 per cent

Short interest as a % of float:
7 per cent

Industry:
Specialty Stores

Source: Goldman Sachs

Alcoa: $0.7 billion of short bets

Ticker:
AA

YTD return:
2 per cent

Short interest as a % of float:
7 per cent

Industry:
aluminium

Source: Goldman Sachs

Freeport-McMoRan: $0.7 billion of short bets

Ticker:
FCX

YTD return:
-5 per cent

Short interest as a % of float:
2 per cent

Industry:
Diversified Metals & Mining

Source: Goldman Sachs

Sysco: $0.7 billion of short bets

Ticker:
SYY

YTD return:
2 per cent

Short interest as a % of float:
4 per cent

Industry:
Food Distributors

Source: Goldman Sachs

Comcast: $0.7 billion of short bets

Ticker:
CMCSA

YTD return:
33 per cent

Short interest as a % of float:
1 per cent

Industry:
Cable & Satellite

Source: Goldman Sachs

Merck & Co: $0.7 billion of short bets

Ticker:
MRK

YTD return:
14 per cent

Short interest as a % of float:
1 per cent

Industry:
Pharmaceuticals

Source: Goldman Sachs

Fastenal: $0.8 billion of short bets

Ticker:
FAST

YTD return:
-6 per cent

Short interest as a % of float:
6 per cent

Industry:
Trading Companies & Distributors

Source: Goldman Sachs

MetLife: $0.8 billion of short bets

Ticker:
MET

YTD return:
-3 per cent

Short interest as a % of float:
2 per cent

Industry:
Life & Health Insurance

Source: Goldman Sachs

McDonald's: $0.8 billion of short bets

Ticker:
MCD

YTD return:
-9 per cent

Short interest as a % of float:
1 per cent

Industry:
Restaurants

Source: Goldman Sachs

E.I. DuPont: $0.8 billion of short bets

Ticker:
DD

YTD return:
5 per cent

Short interest as a % of float:
2 per cent

Industry:
Diversified Chemicals

Source: Goldman Sachs

American Express: $0.8 billion of short bets

Ticker:
AXP

YTD return:
25 per cent

Short interest as a % of float:
1 per cent

Industry:
Consumer Finance

Source: Goldman Sachs

Phillip Morris International: $0.8 billion of short bets

Ticker:
PM

YTD return:
18 per cent

Short interest as a % of float:
1 per cent

Industry:
Tobacco

Source: Goldman Sachs

Carnival Corp: $0.8 billion of short bets

Ticker:
CCL

YTD return:
4 per cent

Short interest as a % of float:
6 per cent

Industry:
Hotels Resorts & Cruise Lines

Source: Goldman Sachs

CenturyLink: $0.8 billion of short bets

Ticker:
CTL

YTD return:
10 per cent

Short interest as a % of float:
3 per cent

Industry:
Integrated Telecom Services

Source: Goldman Sachs

Waste Management: $0.8 billion of short bets

Ticker:
WM

YTD return:
3 per cent

Short interest as a % of float:
5 per cent

Industry:
Environmental & Facilities Services

Source: Goldman Sachs

Kohl's: $0.8 billion of short bets

Ticker:
KSS

YTD return:
-1 per cent

Short interest as a % of float:
7 per cent

Industry:
Department Stores

Source: Goldman Sachs

Host Hotels & Resorts: $0.8 billion of short bets

Ticker:
HST

YTD return:
8 per cent

Short interest as a % of float:
7 per cent

Industry:
specialised REITs

Source: Goldman Sachs

Cerner Corp: $0.9 billion of short bets

Ticker:
CERN

YTD return:
35 per cent

Short interest as a % of float:
7 per cent

Industry:
Health Care Technology

Source: Goldman Sachs

Procter & Gamble: $0.9 billion of short bets

Ticker:
PG

YTD return:
-6 per cent

Short interest as a % of float:
1 per cent

Industry:
Household Products

Source: Goldman Sachs

Simon Property Group: $0.9 billion of short bets

Ticker:
SPG

YTD return:
25 per cent

Short interest as a % of float:
2 per cent

Industry:
Retail REITs

Source: Goldman Sachs

Union Pacific: $0.9 billion of short bets

Ticker:
UNP

YTD return:
13 per cent

Short interest as a % of float:
2 per cent

Industry:
Railroads

Source: Goldman Sachs

Boston Properties: $1.0 billion of short bets

Ticker:
BXP

YTD return:
11 per cent

Short interest as a % of float:
6 per cent

Industry:
Office REITs

Source: Goldman Sachs

Chipotle Mexican Grill: $1.0 billion of short bets

Ticker:
CMG

YTD return:
14 per cent

Short interest as a % of float:
8 per cent

Industry:
Restaurants

Source: Goldman Sachs

AvalonBay Communities: $1.0 billion of short bets

Ticker:
AVB

YTD return:
12 per cent

Short interest as a % of float:
7 per cent

Industry:
Residential REITs

Source: Goldman Sachs

Amgen: $1.0 billion of short bets

Ticker:
AMGN

YTD return:
18 per cent

Short interest as a % of float:
2 per cent

Industry:
Biotechnology

Source: Goldman Sachs

UPS: $1.0 billion of short bets

Ticker:
UPS

YTD return:
10 per cent

Short interest as a % of float:
1 per cent

Industry:
Air Freight & Logistics

Source: Goldman Sachs

Schlumberger: $1.0 billion of short bets

Ticker:
SLB

YTD return:
-3 per cent

Short interest as a % of float:
1 per cent

Industry:
Oil & Gas Equipment & Services

Source: Goldman Sachs

Oracle: $1.1 billion of short bets

Ticker:
ORCL

YTD return:
14 per cent

Short interest as a % of float:
1 per cent

Industry:
Systems Software

Source: Goldman Sachs

Bristol-Myers Squibb: $1.1 billion of short bets

Ticker:
BMY

YTD return:
2 per cent

Short interest as a % of float:
2 per cent

Industry:
Pharmaceuticals

Source: Goldman Sachs

Dell: $1.1 billion of short bets

Ticker:
DELL

YTD return:
-16 per cent

Short interest as a % of float:
4 per cent

Industry:
Computer Hardware

Source: Goldman Sachs

Home Depot: $1.1 billion of short bets

Ticker:
HD

YTD return:
25 per cent

Short interest as a % of float:
1 per cent

Industry:
Home Improvement Retail

Source: Goldman Sachs

Lockheed Martin: $1.1 billion of short bets

Ticker:
LMT

YTD return:
11 per cent

Short interest as a % of float:
5 per cent

Industry:
Aerospace & defence

Source: Goldman Sachs

Time Warner: $1.1 billion of short bets

Ticker:
TWX

YTD return:
7 per cent

Short interest as a % of float:
3 per cent

Industry:
Movies & Entertainment

Source: Goldman Sachs

Walgreen Co: $1.2 billion of short bets

Ticker:
WAG

YTD return:
-9 per cent

Short interest as a % of float:
4 per cent

Industry:
Drug Retail

Source: Goldman Sachs

ConocoPhillips: $1.2 billion of short bets

Ticker:
COP

YTD return:
0 per cent

Short interest as a % of float:
1 per cent

Industry:
Oil & Gas Exploration & Production

Source: Goldman Sachs

Caterpillar: $1.2 billion of short bets

Ticker:
CAT

YTD return:
-7 per cent

Short interest as a % of float:
2 per cent

Industry:
Construction & Farm Machinery & Heavy Trucks

Source: Goldman Sachs

Wal-Mart: $1.3 billion of short bets

Ticker:
WMT

YTD return:
22 per cent

Short interest as a % of float:
1 per cent

Industry:
Hypermarkets & Super centres

Source: Goldman Sachs

General Electric: $1.4 billion of short bets

Ticker:
GE

YTD return:
14 per cent

Short interest as a % of float:
1 per cent

Industry:
Industrial Conglomerates

Source: Goldman Sachs

Coca-Cola: $1.4 billion of short bets

Ticker:
KO

YTD return:
13 per cent

Short interest as a % of float:
1 per cent

Industry:
Soft Drinks

Source: Goldman Sachs

Abbott Laboratories: $1.4 billion of short bets

Ticker:
ABT

YTD return:
19 per cent

Short interest as a % of float:
1 per cent

Industry:
Pharmaceuticals

Source: Goldman Sachs

Walt Disney: $1.5 billion of short bets

Ticker:
DIS

YTD return:
28 per cent

Short interest as a % of float:
2 per cent

Industry:
Movies & Entertainment

Source: Goldman Sachs

Duke Energy: $1.7 billion of short bets

Ticker:
DUK

YTD return:
1 per cent

Short interest as a % of float:
6 per cent

Industry:
Electric Utilities

Source: Goldman Sachs

Verizon: $1.8 billion of short bets

Ticker:
VZ

YTD return:
16 per cent

Short interest as a % of float:
2 per cent

Industry:
Integrated Telecom Services

Source: Goldman Sachs

Chevron: $2.1 billion of short bets

Ticker:
CVX

YTD return:
0 per cent

Short interest as a % of float:
1 per cent

Industry:
Integrated Oil & Gas

Source: Goldman Sachs

AT&T: $2.3 billion

Ticker:
T

YTD return:
22 per cent

Short interest as a % of float:
1 per cent

Industry:
Integrated Telecom Services

Source: Goldman Sachs

Amazon.com: $2.4 billion of short bets

Ticker:
AMZN

YTD return:
30 per cent

Short interest as a % of float:
3 per cent

Industry:
Internet Retail

Source: Goldman Sachs

IBM: $2.4 billion of short bets

Ticker:
IBM

YTD return:
4 per cent

Short interest as a % of float:
1 per cent

Industry:
IT Consulting & Other Services

Source: Goldman Sachs

Intel: $2.6 billion of short bets

Ticker:
INTC

YTD return:
10 per cent

Short interest as a % of float:
2 per cent

Industry:
Semiconductors

Source: Goldman Sachs

Exxon Mobil: $2.8 billion of short bets

Ticker:
XOM

YTD return:
0 per cent

Short interest as a % of float:
1 per cent

Industry:
Integrated Oil & Gas

Source: Goldman Sachs

Johnson & Johnson: $2.9 billion of short bets

Ticker:
JNJ

YTD return:
5 per cent

Short interest as a % of float:
2 per cent

Industry:
Pharmaceuticals

Source: Goldman Sachs

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