
REUTERS/Jessica Rinaldi
However, the big hedge funds nevertheless see plenty of stock with more downside than upside.
In its latest quarterly Hedge Fund Trend Monitor report, Goldman Sachs analysts identify the 50 stocks that make up their "Very Important Short Positions" for hedge funds list.
These are the most heavily shorted stocks based on the dollar value of the short interest as of Oct. 31, 2014.
The top five stocks are AT&T, Intel, Gilead Sciences, Disney, and ExxonMobil.