From : https://theconversation.com/blue-ch...buying-while-professionals-are-selling-142985
Our analysis shows that from the start of the year to March 3 retail investors were net sellers, offloading about A$1.64 billion in stock. Between March 3 and May 8 they became net buyers of stock, accumulating A$6.29 billion in stock.
In contrast, institutional investors were net buyers through to March 3 (buying about A$3.73 billion of stock) but then net sellers, shedding A$7.3 billion worth of equities by May 8.
The Brains Trust - 2020, page-1851
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