Key points
Equity L/S gross-exposure drawdown from peak, %, 2016-2026 ｜ October 2026 drawdown of 7.8%, the biggest de-grossing since the data started in 2016
Image source: @RyanDetrick
2026-11-06
Equity Long/Short De-Grossing Hits 7.8%, the Largest Since Records Began in 2016