17 Trades Hedge Funds Are Making Right Now

Hedge Fund

Right now, hedge fund traders around the world are moving in and out of positions. Bank of America (via Market Folly) has the details of their latest moves.

Those moves can a provide strong indication on where markets are trending overall.

Just a few months ago, trades like the euro short and dollar long were all the rage months before the rest of the market caught up.

Take the opportunity to get up to speed here now on where hedge funds are trading.

Traders remain in long 2-year positions, but are trending into short positions.

Source: Bank of America Merrill Lynch via Market Folly

After moving into a long position earlier this year, traders are moving into a short 10-year position.

Source: Bank of America Merrill Lynch via Market Folly

Traders are preferring large cap stocks, over small, though not in any dramatic way.

Source: Bank of America Merrill Lynch via Market Folly

Growth exposure continues to be preferred, but less risky value exposure is making a comeback.

Source: Bank of America Merrill Lynch via Market Folly

Traders have moved heavily since May into short positions on the S&P 500.

Source: Bank of America Merrill Lynch via Market Folly

And they have made similar moves on the NASDAQ.

Source: Bank of America Merrill Lynch via Market Folly

There is a reduction in long positions on international equities.

Source: Bank of America Merrill Lynch via Market Folly

And emerging markets exposure is decreasing, though only slightly.

Source: Bank of America Merrill Lynch via Market Folly

Overall, traders are short commodities.

Source: Bank of America Merrill Lynch via Market Folly

Long positions in crude oil are increasing after plummeting.

Source: Bank of America Merrill Lynch via Market Folly

Copper has gone flat after longs were in place.

Source: Bank of America Merrill Lynch via Market Folly

Gold remains a busy long trade.

Source: Bank of America Merrill Lynch via Market Folly

Silver remains another long trade, following gold's path.

Source: Bank of America Merrill Lynch via Market Folly

And platinum is also in line with the other precious metals.

Source: Bank of America Merrill Lynch via Market Folly

US dollar positions remain long.

Source: Bank of America Merrill Lynch via Market Folly

Short positions in the Euro are off their high.

Source: Bank of America Merrill Lynch via Market Folly

Yen longs have crept positive.

Source: Bank of America Merrill Lynch via Market Folly

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.