Hedge Fund Favorite Short Positions, According To Goldman

Goldman Sachs' Hedge Fund Trend Monitor, a quarterly round-up of 13-F filings and hedge fund trends, was published this week.

The report analyzes 833 hedge funds with $2.1 trillion of gross equity positions -- $1.5 trillion long and $684 billion short) based on 13-F filings as of August 15, 2015.

Part of the report is Goldman's Very Important Short Position list. The list tracks the short exposure of hedge funds. The equal-weighted basket consists of 50 S&P 500 constituents with the highest total dollar value of short interest outstanding. The basket excludes stocks that appear on Goldman's long VIP list and stocks with more than 10% of float adjusted shares held short. The most important short positions list has a large-cap bias....