Goldman Sachs: CTAs Buy $86B in Equities, Eyes Another $70B
Goldman Sachs reports systematic hedge funds added $86 billion in equity exposure over the past five trading sessions, marking one of the five fastest buying rates on record. The bank’s models estimate these trend-following funds could purchase an additional $70 billion of stocks over the next five sessions.
1. Record CTA Equity Purchases
Goldman Sachs models show that systematic hedge funds, often called CTAs, accumulated $86 billion in global equities over the last five trading sessions. This rate of buying ranks among the top five fastest accumulation episodes in the bank’s historical data, reflecting strong trend-following momentum as markets rallied to new highs.
2. Projections for Further Accumulation
The bank’s forecasts suggest CTAs could add another $70 billion of stock exposure over the next five sessions if current trends persist. Past comparisons include similar surges in August 2024, November 2023 and September 2019, indicating CTAs may continue to fuel market momentum in the near term.