Hedge funds have been betting against Walt Disney, General Electric, Target, Chevron, and ConocoPhillips.
Those are some of the short positions highlighted in new research from Goldman Sachs, which put together a "Very Important Short Position List."
Goldman analyzed 860 hedge-fund portfolios with $1.8 trillion of gross equity positions ($1.2 trillion long and $650 billion short).
We've included the top 25 short positions, by value of short interest, from smallest to largest.
Comcast
Ticker: CMCSA
Sub-sector: Cable & Satellite
Equity cap: $140 billion
Total return YTD: 2%
Short interest as a % of float: 1%
Value of short interest: $1.5 billion
No. of funds with stock as top 10 holding: 14
Avg. portfolio weight when stock ranks among top 10 holdings: 8%
UnitedHealth Group
Ticker: UNH
Sub-sector: Managed Health Care
Equity cap: $110 million
Total return YTD: -2%
Short interest as a % of float: 1%
Value of short interest: $1.5 billion
No. of funds with stock as top 10 holding: 5
Avg. portfolio weight when stock ranks among top 10 holdings: 5%
Amgen
Ticker: AMGN
Sub-sector: Biotechnology
Equity cap: $111 billion
Total return YTD: -9%
Short interest as a % of float: 1%
Value of short interest: $1.6 billion
No. of funds with stock as top 10 holding: 9
Avg. portfolio weight when stock ranks among top 10 holdings: 6%
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