Yulia Slavina

Hedge funds remain moderately positioned, Andy Constan notes

Hedge funds remain moderately positioned, Andy Constan notes
Hedge funds not heavily short now

Andy Constan, founder / strategist at Damped Spring Macro, comments on market positioning among major investor groups. He observes that leveraged investors such as hedge funds are not particularly short despite some narratives online. In contrast, long-only asset managers are currently less long than they have been historically. Dealer intermediaries, who typically avoid significant directional bets, hold medium short positions.

Constan recently noted a 58 percent decline in ORCL shares following the company's decision to build new compute capacity, according to a previous market reaction. In a separate event, he was mentioned directly by the ONDS CEO, who he described as incompetent in a public exchange. These remarks add further context to Constan's ongoing market commentary.

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