Goldman says CTA bought +$86 billion this week, which is top 5 all time.

They modelled that CTA could purchase an additional $70 billion of the next 5 sessions. "Key points from the Goldman Sachs (GS.N): • The last five sessions have garnered one of "the largest in history" trading demand ‌from ⁠CTAs (Commodity Trading Advisors), or hedge funds that ride market trends. • Since markets turned around at start of April, hedge funds -- particularly those that trade systematically -- have been equity buyers, betting that asset values would ⁠rise. • The rate at which speculators have bought global equities over the last week is in the top five buying speeds of all ⁠time. • Goldman Sachs calculations estimate that these speculators could continue to buy stocks and purchase an additional $70 billion of the ⁠next five sessions. • The last time global CTAs bought stocks with this fervor was in August 2024, November 2023 and September 2019."