((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))
(Corrected description of Hazeltree in first paragraph)
Automaker Toyota Motor Corp 7203.T became the most sold large-cap stock by hedge funds in the Asia-Pacific region in February, overtaking Takeda Pharmaceutical
4502.T, according to a report from cash management and securities financing platform Hazeltree published Tuesday.
A short trade involves betting that a company’s stock price will fall.
American electric car manufacturer Tesla
TSLA.O remained the best-selling stock in the Americas, while luxury group LVMH LVMH.PA was number one in the Europe, Middle East and Africa (EMEA) region for the sixth consecutive month, according to the report covering 15,000 stocks based on data from around 700 funds.
Several newcomers have joined the ranks of America’s biggest large-cap sellers, including AI server maker Super Micro Computer SMCI.O , media group Comcast Corp CMCSA.O , and banks Capital One Financial Corp COF .N and Wells Fargo WFC.N , according to the report.
Looking at midcaps, train maker Alstom ALSO.PA and chipmaker Wolfspeed Inc WOLF.N remained the top-selling stocks in EMEA and the Americas, respectively, the report said.
In Asia-Pacific, electronics company Ibiden Co Ltd
4062.T was the top seller in February, overtaking computer maker Daifuku Co’s 6383.T, it added.