Hedge funds, ETFs dump over $40 billion in stocks after Trump tariff shock

NEW YORK, April 4 (Reuters) - Global hedge funds and levered exchange-traded funds (ETFs) dumped more than $40 billion of stocks at a breakneck pace, growing increasingly bearish after President Donald Trump's shock announcement of harsher-than-expected global tariffs, according to bank notes to clients on Friday.

https://www.reuters.com/markets/wealth/hedge-funds-sell-largest-amount-stocks-since-2010-goldman-sachs-says-2025-04-04/