Dislocations at many hedge funds impacting a number of stocks, this Bloomberg article explains.
(Bloomberg) Companies with the most hedge-fund ownership slid for the fifth time in six days, defying the rally spurred by the government's takeover of Fannie Mae and Freddie Mac, as money managers sold shares to cover client redemptions, analysts said.
Goldman Sachs Group Inc.'s index of the 49 most-common holdings of hedge funds lost 0.1 percent, led by Google Inc. and Potash Corporation of Saskatchewan Inc., extending its drop since Aug. 28 to 8 percent. The world's biggest securities firm created the Hedge Fund VIP List more than two years ago based on the holdings of 745 funds with $881 billion in stocks.
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