On the Other Side of Hedge Fund Equity Trades

The authors thank Vikas Agarwal, Michael Brennan, Stefano Giglio (discussant), Marc Goergen, Wei Jiang, Alex Kostakis, Guillaume Monarcha (discussant), Dalia Marciukaityte (discussant), Ingmar Nolte, Stefan Petry, Winfried Pohlmeier, Adam Reed, and the participants at the 2021 American Finance Association Annual Meeting, the 2021 European Financial Management Association Annual Conference, the 2019 Financial Management Association Annual Meeting, the 11th Annual Hedge Fund and Private Equity Research Conference, the Fourth KoLa Workshop on Finance and Econometrics, the Fifth Young Finance Scholars Conference, and the seminars at NEOMA Business School, the University of Manchester, the University of Reading, and Aston Business School for helpful comments and constructive suggestions. All errors remain the authors’.