Prime Services Weekly Report

Latest edition · August 7, 2026

Prime Services Weekly Report 8.7.26

This report details hedge fund performance and sector flow trends for the week ending August 7, 2026. It highlights increased net buying in global equities, led by strength in Materials and notable de-grossing in Industrials.

For the week of July 31 to August 6, 2026, the GS Equity Fundamental L/S Performance Estimate rose 2.29%, while Systematic L/S performance increased 1.77%. Global equities saw their second consecutive week of net buying, with significant long buying activity. Sector-specific analysis shows Materials was the most net-bought sector, bolstered by the largest short covering in nearly two years, whereas Industrials faced heavy net selling and de-grossing for the sixth consecutive week.

Key takeaways from the latest edition

• 1.Fundamental L/S equity funds saw performance gains of 2.29%, while systematic L/S funds rose 1.77%.
• 2.Global equities experienced net buying for the second consecutive week, characterized by robust long buying activity.
• 3.Materials was the most net-bought sector, driven by major short covering, while Industrials was the most net-sold sector.

What this series covers

• Key Takeaways
• GS Equity Fundamental Long/Short Performance Estimate (Asset Weighted)
• GS Equity Systematic Long/Short Performance Estimate (Asset Weighted)
• Gross and Net Leverage
• Materials was the most $ net bought global sector as the sector saw the largest short covering in ~2 years
• Industrials was the most $ net sold global sector this week as the sector saw de-grossing for a 6th straight week
• Regional Flows and Weightings
• Sector Flows and Weightings
• Sources and Definitions
• Disclaimers

Edition archive

• Prime Services Weekly Report 8.7.26

  August 7, 2026

• Prime Services Weekly Report 7.24.26

  July 24, 2026

• Prime Services Weekly Report 6.26.26

  June 26, 2026

• Prime Services Weekly Report 6.5.26

  June 6, 2026

• Prime Services Weekly Report 5.8.26

  May 10, 2026