Delta-One Flows & Positioning

This report provides a weekly update on global capital flow and positioning, highlighting a rotation into equity sectors such as Tech and Financials, and continued inflows into fixed income amid fading geopolitical hedging in commodities.

Key Takeaways

• 1.Investors are rotating out of Energy and Materials into Discretionary, Tech, Financials, Health Care, and Staples.
• 2.Memory/Semis remain a dominant equity theme with continued strong inflows, while geopolitical hedging demand for energy commodities fades.
• 3.Fixed income ETFs saw strong inflows, while commodity ETFs recorded broad-based outflows led by precious metals.

Table of Contents

• Delta-One Flows & Positioning
• Weekly Highlights
• Global Equity Derivatives Strategy
• Futures Flows & Positioning
• CTA Signals
• CFTC Futures Positioning
• ETF Flows
• Futures Liquidity
• Appendix

Document Preview

Page 1 of 5

Subscribe for full accessStart Free Trial