Report published April 13, 2026
Goldman Sachs Equity Positioning and Key Levels - April 13, 2026
Goldman Sachs · April 13, 2026
Goldman Sachs reports record-high projected buying from CTAs ($43.5bn in a flat tape) and a return to net buying of global equities by hedge funds after an 8-week hiatus. This comes despite a heavy corporate buyback blackout and significant short-selling in the US Software sector.
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Finvaulta summarizes Goldman Sachs's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
Key Takeaways
- 1.CTA demand for US equities is projected to be extremely high, with estimates of $43.5bn in buying over the next week in a flat market scenario.
- 2.Hedge funds net bought global equities for the first time in eight weeks, led by EM Asia and Europe, primarily through macro products and short covering.
- 3.Information Technology, specifically Software, saw the largest net selling in over five years, driven heavily by short sales.
Table of Contents
- Summary
- CTA Corner
- GS Prime Brokerage
- Buybacks Desk
- Charts in Focus
- Historical Repurchase Activity
Report data
Expected Flows in Different Scenarios by Market ($MM)
| Metric | Estimate | Context |
|---|---|---|
| Estimated CTA US Equity Buying (last week) | 19 $bn | Systematic buying activity. |
| Estimated CTA US Equity Buying (1-week flat tape) | 43.5 $bn | Projected systematic demand. |
| Corporate Buyback Blackout Percentage | 98% | Current state of corporate execution windows. |
| Overall Book Gross Leverage | 310.6% | 95th percentile 1-year. |
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Equity Positioning and Key Levels is shown in chronological order through this edition, published on April 13, 2026.
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