Report published May 11, 2026
Goldman Sachs: Equity Positioning and Key Market Levels (May 2026)
Goldman Sachs · May 11, 2026
This report summarizes Goldman Sachs' equity positioning metrics, showing high CTA exposure and hedge fund leverage at the 98th percentile. Corporate buybacks are exceptionally strong with record YTD authorizations of $739B.
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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 global equity positioning is currently long $95bn (64th percentile), with relatively insignificant flow estimates expected over the next week.
- 2.Hedge fund gross leverage has reached the 98th percentile for the year at 312.7%, while net leverage is at 78.0%.
- 3.Corporate buyback activity is high, with 2026 YTD authorizations reaching $739.4B, the highest YTD level on record.
Table of Contents
- Summary
- CTA Corner
- GS Prime Brokerage
- Buybacks Desk
- Charts in Focus
Report data
Gamma Profile Across Spot Levels ($mm)
| Metric | Estimate | Context |
|---|---|---|
| CTA Global Equity Net Length | 95 $bn | 64th percentile |
| Share Buyback Authorizations YTD | 739.4 $B | Corporate authorizations at record highs |
| S&P 500 Short-term Pivot | 7013 Index Points | Technical level for SPX |
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Equity Positioning and Key Levels is shown in chronological order through this edition, published on May 11, 2026.
Part of the Equity Positioning and Key Levels series — view all 7 editions
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