Group 1 - The core viewpoint of the article highlights a significant sell-off of energy stocks by hedge funds due to a decline in oil prices following the easing of tensions in the Middle East, marking the fastest pace of selling since September 2024 and the second-fastest in the past decade [1] - The report indicates that the sell-off was triggered by a ceasefire agreement between Israel and Iran, leading to a drop in crude oil prices by over $10, with OPEC+ also planning to increase supply [1] - Hedge funds have predominantly sold stocks related to oil, gas, and energy services, with the largest sell-off occurring in North America and Europe, where short positions were increased and long positions were abandoned [1] Group 2 - Despite the increase in short positions on energy stocks, the overall positioning of speculators in global energy stocks remains predominantly long [1] - Goldman Sachs reports that the total leverage ratio of hedge funds is at a five-year high, indicating a significant scale of holdings [2] - The report also notes that there was the largest stock buying activity in five weeks, with hedge funds purchasing stocks across all regions, particularly in the financial, technology, and industrial sectors [3][4]