Institutions, which had been heavy sellers for most of the year, have now flipped to become the biggest buyers, adding +$1.9bn (4-wk avg). At the same time, retail flows have collapsed to just +$0.1bn, with single stocks actually negative (-$0.2bn). Hedge funds are now the biggest sellers, dumping -$0.5bn. The balance of power in this market has shifted from retail & hedge funds to institutions. #Stocks #HedgeFunds #Institutions #RetailInvestors #Equities #Markets #Investing #Finance #Trading