Goldman Sachs' Hedge Fund Trend Monitor report takes a close look at what the world's biggest hedge funds are trading.
The report includes the Very Important Short Positions (VISP) -- stocks in which hedge funds have the most short interest outstanding.
Considering the relatively strong performance of the stock market this year, these short positions have done pretty well.
Year-to-date, a portfolio of VISP stocks is up 7.4 percent.
We pulled the 50 stocks on Goldman's VISP list and ranked them by the total dollar value of short interest; the extent to which hedge fund managers have been betting against the stock. Also included are the short interest expressed as a percentage of float cap, the YTD return, and the stock's ticker and sector.
Mylan Inc: $0.7 billion of short bets
Ticker:
MYL
YTD return:
+19 percent
Short interest as a % of float:
7 percent
Industry:
Pharmaceuticals
Source: Goldman Sachs
Aetna Inc: $0.7 billion of short bets
Ticker:
AET
YTD return:
-2 percent
Short interest as a % of float:
5%
Industry:
Managed Health Care
Source: Goldman Sachs
Progressive Corp: $0.7 billion of short bets
Ticker:
PGR
YTD return:
+16 percent
Short interest as a % of float:
6 percent
Industry:
Property & Casualty Insurance
Source: Goldman Sachs
See the rest of the story at Business Insider
Please follow Money Game on Twitter and Facebook.