Hedge fund inflows into US equities the largest since June

A couple of interesting items from a Bank of America note on Tuesday regarding equity flows last week.

In brief:

• Hedge fund (largest inflow since June) and institutional clients were net buyers
• retail clients were net sellers for the first time since September
• buying largely in ETFs, single stocks saw outflows among Bank of America client
• consumer discretionary the most bought sector

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I know, it would have been more helpful if this was around last week. Be wary of attaching too much weight to the info now though.