Positioning Intelligence Weekly Wrap – J.P. Morgan (July 17, 2026)

Key Takeaways

• 1.Hedge fund positioning in Momentum, Semis, and Tech HW remains high, posing downside risk, yet z-scores are approaching historical lows suggesting better forward returns.
• 2.Net flows for US equities turned bearish, driven by hedge fund selling and weaker retail flows.
• 3.Retail sentiment and consumer confidence are showing signs of a rebound, which may benefit Consumer Discretionary stocks.

Table of Contents

• Key Points
• Positioning Intelligence

Report data

Key figures extracted from this report

Reports in this series

Positioning Intelligence Weekly Wrap is shown in chronological order through this edition, published on July 17, 2026.

Part of the Positioning Intelligence Weekly Wrap series — view all 7 editions

Looking for the latest edition? JPM JPM PI Weekly Wrap 2026 10 12 5485030 (Oct 9, 2026)

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