Hedge fund short sellers suffer USD500m hit in August from wayward FTSE 100 wagers Submitted By Hugh Leask | 03/09/2020 - 11:23am Hedge funds have lost almost USD560 million after several hefty short bets on a range of FTSE 100 stocks turned sour as equity markets yielded solid gains. New data from London-based equity research firm Ortex Analytics shows almost three-quarters of total short losses in August came from big wagers against just five names: Ocado Group, InterContinental Hotels, International Consolidated Airlines Group, BHP and Pearson.