S&P Global Market Intelligence combed through the funds’ 13F filings, which declare what positions hedge funds owned at the end of the first quarter.
S&P looked at the funds with the largest positions in the stock market and found out just what they were buying and selling.
On net, said the report, these big-time funds decreased their exposure to stocks.
“In total, the top funds managed approximately $141 billion in equity holdings in Q1 2016, down over $18 billion from Q4 2015,” said the report.
“The funds also decreased the total number of stock positions held from 427 to 408, the fewest stock positions held since S&P Global Market Intelligence began tracking this data in 2014.”
The report also showed which companies these hedge funds dumped and gobbled up in the first quarter.
Each graphic shows the five biggest buys and sells of the top 10 hedge funds in the stock market. The reported sizes of the funds’ moves were based on the average values of the companies’ stock over the first quarter multiplied by the number of shares bought and/or sold.
Check out the full details below.