Louis Bacon’s Moore Capital Management has filed its 13F with the SEC for the reporting period of March 31. According to Forbes, Bacon has a real-time net worth of $1.75 billion and is the 391st richest person in the United States. The macro hedge fund manager received less-than-expected returns of 1.65% in 2014 managing Moore Capital Management, a disappointment considering his firms average annual returns of 18.8% through 2012. Bacon, one of the most secretive hedge fund managers in the world is known for his land conservation efforts and he filed a lawsuit on billionaire Peter Nygard because the latter was planning construction on his beachfront property.
As per its recent filing, Moore Capital Management has a public equity portfolio worth $4.55 billion, with its top ten stock holdings accounting for 41.89% of that. Bacon is showing a particularly strong taste for Chinese equities at the moment. However we’ll bypass China and travel to the fabled land of Dividendium, by looking into Bacon’s investments in some major dividend stocks, including Northstar Realty Finance Corp (NYSE:NRF), McDonald’s Corporation (NYSE:MCD), Procter & Gamble Co (NYSE:PG), and Chatham Lodging Trust (NYSE:CLDT).
Source: Insider Monkey
Related Articles:
- 9 High Rated, Lower Debt Dividend Stocks With A Reasonable Payout
- Searching the World For The Best Dividend Stocks
- What's Your Retirement Vision?
- Stock Dividends - The Gift of Nothing
- What's More Powerful Than Compound Interest?
________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.