Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Louis Bacon is Bullish on Financials & Facebook

Louis Bacon‘s Moore Global Investments has revealed its top stock pics in a recent 13F filing with the SEC. Bacon is bullish on financial stocks with Hartford Financial Services Group Inc (NYSE:HIG) being his top dog. Moore Global holds 4.8 million shares valued at approximately $150 million. Next up is Assured Guaranty Ltd.(NYSE:AGO), with the position being worth a reported $130 million.

MOORE GLOBAL INVESTMENTS

Bacon has also become a fan of Facebook Inc (NASDAQ:FB) having opened a new position by buying 1.7 million shares valued at a little under $90 million. Another tech company that Moore Global is betting on is Cisco Systems, Inc.(NASDAQ:CSCO), their investment being valued at $85 million. The fifth biggest position is Capital One Financial Corp. (NYSE:COF), with Bacon increasing the position to 1.1 million shares reportedly worth $78 million.

Disclosure: none

Recommended Reading:

Nelson Obus, Wynnefield Capital Buy More MAM Software Stock

Carl Icahn’s New 13F Confirms What We Already Knew: He Likes Energy, Loves Apple

Buffett’s Energy Trade: Buy ExxonMobil, Sell ConocoPhillips

Loading...