S3 Partners Adds Data Product Quantifying Herd Risk, Market Sentiment, and Positioning

S3 Partners, a leading financial data marketplace and workflow platform, announced the addition to the Bloomberg App Portal of S3 Black Map, the latest evolution of S3’s platform that gives users an unprecedented level of visibility into long and short market sentiment and positioning and the potential for drawdowns.  

Black Map enables managers to solve for three pressing questions when evaluating individual positions or an entire portfolio: 

1. What is the market sentiment on a trade idea, position, or portfolio? 
2. How much of a position or portfolio is exposed to concentration and herd risk? 
3. How are passive and active investment strategies positioned in the marketplace? 

On a daily basis, users can filter by industry, sector and cohort to quickly see which stocks in their portfolio are crowded and how the rest of the market is positioned. Black Map is available immediately through the Bloomberg App Portal via {APPS BMAP <GO>} on the Bloomberg Terminal.