Hedge funds are betting billions that these 17 stocks are going to implode

William Thomas Cain/Getty Images

One way hedge funds make money is by betting against stocks that they see running into trouble.

To get a sense of some likely targets of those funds, Goldman Sachs puts together a quarterly Very Important Short Position list of S&P 500 stocks that are being heavily bet against, based on the dollar value of overall outstanding short interest on those stocks.

Here are the 17 stocks Goldman identified with at least $US2 billion in short interest:


17. Public Storage

Ticker: PSA

Subsector: Specialised REITs

Year-to-date total return: -2%

Value of short interest: $US2.0 billion


16. General Electric

Ticker: GE

Subsector:Industrial Conglomerates

Year-to-date total return: -42%

Value of short interest:$US2.0 billion


15. Costco

Ticker: COST

Subsector: Hypermarkets & Super Centres

Year-to-date total return: 12%

Value of short interest: $US2.3 billion


14. Walt Disney

Ticker: DIS

Subsector: Movies & Entertainment

Year-to-date total return: 0%

Value of short interest: $US2.3 billion


13. Simon Property Group

Ticker: SPG

Subsector: Retail REITs

Year-to-date total return: -7%

Value of short interest: $US2.3 billion


12. Procter & Gamble

Ticker: PG

Subsector: Household Products

Year-to-date total return: 9%

Value of short interest: $US2.3 billion


11. Lam Research

Ticker: LRCX

Subsector: Semiconductor Equipment

Year-to-date total return: 99%

Value of short interest: $US2.3 billion


10. IBM

Ticker: IBM

Subsector: IT Consulting & Other Services

Year-to-date total return: -7%

Value of short interest: $US2.4 billion


9. Chevron

Ticker: CVX

Subsector: Integrated Oil & Gas

Year-to-date total return: 2%

Value of short interest: $US2.6 billion


8. Nvidia

Ticker: NVDA

Subsector: Semiconductors

Year-to-date total return: 101%

Value of short interest: $US2.6 billion


7. Exxon Mobil

Ticker: XOM

Subsector: Integrated Oil & Gas

Year-to-date total return: -5%

Value of short interest: $US2.8 billion


6. Becton, Dickinson

Ticker: BDX

Subsector: Health Care Equipment

Year-to-date total return: 35%

Value of short interest: $US2.9 billion


5. Target

Ticker: TGT

Subsector: General Merchandise Stores

Year-to-date total return: -13%

Value of short interest: $US3.2 billion


4. Priceline Group

Ticker: PCLN

Subsector: Internet & Direct Marketing Retail

Year-to-date total return: 17%

Value of short interest: $US3.2 billion


3. Walmart

Ticker: WMT

Subsector: Hypermarkets & Super Centres

Year-to-date total return: 34%

Value of short interest: $US3.8 billion


2. Intel

Ticker: INTC

Subsector: Semiconductors

Year-to-date total return: 30%

Value of short interest: $US6.1 billion


1. AT&T

Ticker: T

Subsector: Integrated Telecommunication Services

Year-to-date total return: -17%

Value of short interest: $US7.8 billion

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