Analysis: Institutional Investors Sold $11 Billion in US Stocks Last Week, Shifting to a Wait-and-See Approach

On March 27, The Kobeissi Letter reported that “institutional investors net sold $11 billion in US stocks last week, marking the largest single-week sell-off in nearly five weeks. This follows three consecutive weeks of net buying by institutions, totaling $12.6 billion. Meanwhile, hedge funds net bought $1.8 billion in US stocks, ending a four-week selling streak; retail investors net sold $80 million, marking the third net sale in the past 10 weeks. Overall, US stocks saw a net outflow of $9.3 billion last week, up from the $1 billion outflow the previous week, bringing the cumulative outflow over the past 16 weeks to $25.5 billion. Of this, individual stock outflows reached $8.3 billion, the fourth-largest single-week outflow since 2008; ETF outflows were $1.1 billion, the highest in nearly six months. Institutional investors are gradually adopting a wait-and-see stance.”