Equity Positioning and Key Levels

Latest edition · June 29, 2026

Eq Positioning and Key Levels

This report provides a weekly recap of GS positioning metrics, highlighting significant net selling in global equities and a contraction in corporate buyback activity due to earnings blackout periods.

The report highlights a week of meaningful deleveraging across both systematic and fundamental prime brokerage books, with global equities witnessing their sharpest net selling in three months. Information Technology and Communication Services saw the most intense selling pressure, marking the largest sectoral decline in over a decade. Concurrently, corporate buyback activity is cooling as roughly 88% of firms enter their Q2 earnings blackout windows, with remaining activity heavily reliant on 10b5-1 plans.

Key takeaways from the latest edition

• 1.Global equities experienced the largest percentage net selling in three months, primarily driven by short and long sales in Info Tech and Comm Svcs.
• 2.Corporate buyback volumes are contracting due to the seasonal blackout window; approximately 88% of companies have entered this window ahead of Q2 earnings.
• 3.Systematic and Fundamental Long/Short prime brokerage books saw significant reductions in leverage, reaching 1-year lows for certain metrics.

What this series covers

• CTA Corner
• GS Prime Brokerage
• Buybacks Desk
• G S Corporate Desk Trading Flow
• Historical Cumulative Market Execution Activity
• Historical Repurchase Activity
• Charts in Focus
• More in Macro

Edition archive

• Eq Positioning and Key Levels

  June 29, 2026

• Eq Positioning and Key Levels

  June 8, 2026

• Eq Positioning and Key Levels

  June 1, 2026

• Eq Positioning and Key Levels

  May 26, 2026

• Eq Positioning and Key Levels

  May 20, 2026

• Eq Positioning and Key Levels

  May 11, 2026