Moore Capital’s Top 10 Holdings
We believe it is unlikely that investors will wind up redeeming their money from Moore Capital right after today’s insider trading arrest.
Dependent on very first blush, this does not appear being Raj, so there won’t be excellent chances for shorts to play the liquidation.
Nevertheless this provides us a excellent possibility to look at Louis Bacon’s investing profile.
Here are the fund’s final noted top-10 holdings, in accordance to Stockpickr. Observe they’re super-heavy on financials.
They are:
- Bank of America (BAC, 29.31% of portfolio)
- Standard and Poors (SPY, 5.48% of portfolio)
- Mastercard (MA, 5.05% of portfolio)
- IShares Trust (EEM, 4.79% of portfolio)
- CME Group (CME, 3.95% of portfolio)
- Assured Guarantee (AGO, 3.84% of portfolio)
- Max Capital Group (MXGL, 2.95% of portfolio)
- Banco Santander (BSDR, 2.61% of portfolio)
- Citigroup (C)
- Wells Fargo (WFC)
Moore Cap has just said that no client funds were involved in the possibly illegal trades, so again the possibility of a liquidation is unlikely.
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