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J.P. Morgan

Positioning Intelligence | Weekly Wrap

Finvaulta tracks 5 editions of Positioning Intelligence | Weekly Wrap from J.P. Morgan, published between May 25, 2026 and August 28, 2026. Each edition is summarized on its own page.

Latest edition · August 28, 2026

JPM PI Weekly Wrap Mixed Mkt View for Next Month

Hedge fund performance and flows showed gross stabilization this week, with positive net buying in North America contrasting with slight selling in EMEA and APAC. Overall positioning remains neutral across regions, with tactical opportunities emerging in Software and long EU Health Care relative to US Health Care.

J.P. Morgan's Positioning Intelligence team highlights that global hedge fund performance ticked up to +1.1% MTD, led by Equity Long/Short (+1.5%), even as short crowding in US Tech and Health Care persisted. US gross flows stabilized with positive net buying (+2z), while regional positioning metrics in the US, Europe, Japan, and China/HK remain near neutral. Historical patterns following Jackson Hole indicate potential near-term equity upside over 1 week, transitioning into mixed or mean-reverting performance into the September FOMC. Sector-wise, hedge funds continue to favor Software over Semiconductors and are executing a rotation by selling US Health Care to buy EU Health Care for an 86% historical probability of catch-up convergence over two months.

Read the latest edition in full

Key takeaways from the latest edition

  • 1.Global hedge fund performance ticked up +0.3% WoW to +1.1% MTD, but crowding remains a drag as Tech and Health Care shorts rose ~3% over 5 days.
  • 2.Flows indicate gross stabilization with North American net flows turning positive (+2z) compared to slight selling in EMEA/APAC.
  • 3.Equity market positioning remains neutral across the US, Europe, Japan, and China/HK, with US Tactical Positioning Monitor (TPM) at -0.2z (37th percentile).

What this series covers

  • Positioning Intelligence | Weekly Wrap
  • Key Points:
  • POSITIONING INTELLIGENCE
  • DISCLOSURE

Edition archive

Series at a glance

Editions tracked
5
First edition
May 25, 2026
Latest edition
August 28, 2026
All J.P. Morgan research

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