Exclusive | Hedge Funds Dump Positions and Cut Staff as Selloff Deepens

The Wall Street Journal · Peter Rudegeair, Juliet Chung, Ben Dummett · 2026-11-06 02:10 UTC

Last month had highest rate of stock-picking funds unwinding positions in over a decade; Samlyn, Engineers Gate and Walleye cut staff

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A market rout in October walloped hedge funds, forcing them to unwind positions at the highest rate in years and cut staff. The pain left many nursing deep losses even before the stock selloff intensified Thursday.

Funds trading everything from artificial intelligence and healthcare stocks to risky corporate debt felt the pain.

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