Goldman Sachs Sees Significant Hedge Fund Sell-Off

Ieq Capital LLC has significantly reduced its holdings in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 84.2% in the 2nd quarter, according to a recent disclosure with the Securities and Exchange Commission.

The fund sold 222,055 shares during the quarter, leaving it with 41,734 shares of the investment management company's stock.

As of its most recent SEC filing, Ieq Capital LLC's holdings in The Goldman Sachs Group were worth $42.208 million.

This is not an isolated case; several other hedge funds have also made changes to their stakes in GS during this quarter.