Blake Millard, CFA(@BlakeMillardCFA):October typically sees the biggest net selling by institutional clients ahead of the 10/31 deadline most mutual funds use to recognize gains/losses. And this October, institutional clients' outflows (normalized by market cap) were the biggest of any Oct. in nine years.

Blake Millard, CFA

@BlakeMillardCFA

Portfolio Manager • Previously @UBS and @Sandbox_FP • Tweets≠Advice • Read my market note - • Stay the Course.

Joined August 2011

880 Following 7.5K Followers

Blake Millard, CFA@BlakeMillardCFA

2026.11.04 14:14

October typically sees the biggest net selling by institutional clients ahead of the 10/31 deadline most mutual funds use to recognize gains/losses. And this October, institutional clients' outflows (normalized by market cap) were the biggest of any Oct. in nine years.