These are the 25 stocks hedge funds have been shorting like crazy

Flickr/ Ariel Dovas

Hedge funds have been shorting Express Scripts, Qualcomm, and Chipotle Mexican Grill.

Those are some of the short positions highlighted in new research from Goldman Sachs, which put together a "Very Important Short Position List."

Goldman analyzed 833 fundamentally-driven hedge funds' portfolios based on their 13-F filings for the second quarter and positions at the beginning of the third quarter.

We've included the top 25 short positions by value of short interest from smallest to largest.