Latest news with #LouisMooreBacon
Globe and Mail
3 days ago
- Business
- Globe and Mail
Moore Capital Management Boosts Stake in Taiwan Semiconductor
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Moore Capital Management LP, managed by Louis Moore Bacon, recently executed a significant transaction involving Taiwan Semiconductor Manufacturing Company Limited ((TSM)). The hedge fund increased its position by 81,192 shares. Recent developments for Taiwan Semiconductor Manufacturing Company Limited (TSMC) include strategic growth initiatives and financial robustness. The company plans to phase out its 6-inch wafer manufacturing to consolidate its 8-inch production, enhancing efficiency. TSMC Global, a subsidiary, has approved a capital increase of up to $10 billion to bolster financial capabilities. The company reported a significant revenue increase in July 2025, with a 22.5% rise from the previous month and a 25.8% increase from the previous year. Despite mixed market sentiments and recent stock volatility, analysts maintain a 'Buy' rating with a target price of $220. The stock has experienced fluctuations, with prices ranging between $234.71 and $245.74, and a year-to-date price performance of 24.42%. Spark's Take on TSM Stock According to Spark, TipRanks' AI Analyst, TSM is a Outperform. TSMC's strong financial performance and positive earnings call sentiment are the primary drivers of its overall stock score. The company's robust revenue growth, efficient operations, and strategic positioning in advanced technologies contribute significantly. However, the high valuation and technical indicators suggest caution due to potential short-term volatility. To see Spark's full report on TSM stock, click here. YTD Price Performance: 22.75% Average Trading Volume: 11,209,079 Current Market Cap: $1014.8B Disclaimer & Disclosure Report an Issue
Yahoo
4 days ago
- Business
- Yahoo
Louis Moore Bacon's Strategic Moves: iShares Russell 2000 ETF Sees Significant Reduction
Exploring the Investment Shifts in the Second Quarter of 2025 Louis Moore Bacon (Trades, Portfolio) recently submitted the 13F filing for the second quarter of 2025, providing insights into his investment moves during this period. Louis Moore Bacon (Trades, Portfolio) (born 1956) is an American hedge fund manager and trader who uses a global macro strategy to invest in the markets. Bacon is considered one of the top 100 traders of the 20th century. He is the manager of a leading New York City-based hedge fund, Moore Capital Management, which he founded in 1989. The firm uses a bold and global macro-based approach to investing. After 30 years of operation, the hedge fund closed itself to outside investors in late 2019 and consolidated its three flagship funds into one proprietary fund. Regarding the new arrangement, Bacon wrote, "now I am once again concentrating on my personal investment account while overseeing a large multi-asset alternatives platform." Summary of New Buy Louis Moore Bacon (Trades, Portfolio) added a total of 219 stocks, among them: The most significant addition was Bank of America Corp (NYSE:BAC), with 2,572,640 shares, accounting for 1.59% of the portfolio and a total value of $121.737 million. The second largest addition to the portfolio was CSX Corp (NASDAQ:CSX), consisting of 2,052,891 shares, representing approximately 0.88% of the portfolio, with a total value of $66.986 million. The third largest addition was Honeywell International Inc (NASDAQ:HON), with 263,164 shares, accounting for 0.8% of the portfolio and a total value of $61.285 million. Key Position Increases Louis Moore Bacon (Trades, Portfolio) also increased stakes in a total of 97 stocks, among them: The most notable increase was Microsoft Corp (NASDAQ:MSFT), with an additional 405,085 shares, bringing the total to 412,960 shares. This adjustment represents a significant 5,143.94% increase in share count, a 2.64% impact on the current portfolio, with a total value of $205.410 million. The second largest increase was S&P MidCap 400 ETF (MDY), with an additional 267,800 shares, bringing the total to 633,725. This adjustment represents a significant 73.18% increase in share count, with a total value of $358.992 million. Summary of Sold Out Louis Moore Bacon (Trades, Portfolio) completely exited 136 holdings in the second quarter of 2025, as detailed below: Alibaba Group Holding Ltd (NYSE:BABA): Louis Moore Bacon (Trades, Portfolio) sold all 238,000 shares, resulting in a -0.72% impact on the portfolio. Dow Inc (NYSE:DOW): Louis Moore Bacon (Trades, Portfolio) liquidated all 766,660 shares, causing a -0.61% impact on the portfolio. Key Position Reduces Louis Moore Bacon (Trades, Portfolio) also reduced positions in 71 stocks. The most significant changes include: Reduced iShares Russell 2000 ETF (IWM) by 659,320 shares, resulting in a -81.36% decrease in shares and a -3% impact on the portfolio. The stock traded at an average price of $201.21 during the quarter and has returned 9.58% over the past 3 months and 3.45% year-to-date. Reduced SPDR S&P 500 ETF Trust (SPY) by 99,639 shares, resulting in a -48.38% reduction in shares and a -1.27% impact on the portfolio. The stock traded at an average price of $571.44 during the quarter and has returned 9.43% over the past 3 months and 10.58% year-to-date. Portfolio Overview At the second quarter of 2025, Louis Moore Bacon (Trades, Portfolio)'s portfolio included 531 stocks, with top holdings including 4.7% in S&P MidCap 400 ETF (MDY), 2.69% in Microsoft Corp (NASDAQ:MSFT), 1.91% in NVIDIA Corp (NASDAQ:NVDA), 1.59% in Bank of America Corp (NYSE:BAC), and 1.42% in Inc (NASDAQ:AMZN). The holdings are mainly concentrated in all 11 industries: Financial Services, Industrials, Technology, Communication Services, Healthcare, Consumer Cyclical, Basic Materials, Utilities, Real Estate, Consumer Defensive, and Energy. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
Louis Moore Bacon's Strategic Moves: A Significant Reduction in NVIDIA Corp
Louis Moore Bacon (Trades, Portfolio) recently submitted the 13F filing for the first quarter of 2025, providing insights into his investment moves during this period. Louis Moore Bacon (Trades, Portfolio) (born 1956) is an American hedge fund manager and trader who uses a global macro strategy to invest in the markets. Bacon is considered one of the top 100 traders of the 20th century. He is the manager of a leading New York City-based hedge fund, Moore Capital Management, which he founded in 1989. The firm uses a bold and global macro-based approach to investing. After 30 years of operation, the hedge fund closed itself to outside investors in late 2019 and consolidated its three flagship funds into one proprietary fund. Regarding the new arrangement, Bacon wrote, "now I am once again concentrating on my personal investment account while overseeing a large multi-asset alternatives platform." Warning! GuruFocus has detected 5 Warning Signs with FL. Louis Moore Bacon (Trades, Portfolio) added a total of 153 stocks, among them: The most significant addition was SPDR S&P 500 ETF Trust (SPY), with 205,968 shares, accounting for 2.63% of the portfolio and a total value of $115.216 million. The second largest addition to the portfolio was iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT), consisting of 716,176 shares, representing approximately 1.49% of the portfolio, with a total value of $65.193 million. The third largest addition was UBS Group AG (NYSE:UBS), with 1,442,286 shares, accounting for 1% of the portfolio and a total value of $43.799 million. Louis Moore Bacon (Trades, Portfolio) also increased stakes in a total of 64 stocks, among them: The most notable increase was iShares Russell 2000 ETF (IWM), with an additional 720,133 shares, bringing the total to 810,400 shares. This adjustment represents a significant 797.78% increase in share count, a 3.28% impact on the current portfolio, with a total value of $161.667 million. The second largest increase was Alibaba Group Holding Ltd (NYSE:BABA), with an additional 209,500 shares, bringing the total to 238,000. This adjustment represents a significant 735.09% increase in share count, with a total value of $31.471 million. Louis Moore Bacon (Trades, Portfolio) also reduced positions in 82 stocks. The most significant changes include: Reduced NVIDIA Corp (NASDAQ:NVDA) by 2,224,437 shares, resulting in a -99.85% decrease in shares and a -3.59% impact on the portfolio. The stock traded at an average price of $126.74 during the quarter and has returned -1.94% over the past 3 months and 1.39% year-to-date. Reduced Microsoft Corp (NASDAQ:MSFT) by 492,125 shares, resulting in a -98.43% reduction in shares and a -2.49% impact on the portfolio. The stock traded at an average price of $407.71 during the quarter and has returned 11.74% over the past 3 months and 8.28% year-to-date. At the first quarter of 2025, Louis Moore Bacon (Trades, Portfolio)'s portfolio included 455 stocks, with top holdings including 4.45% in S&P MidCap 400 ETF (MDY), 3.69% in iShares Russell 2000 ETF (IWM), 2.63% in SPDR S&P 500 ETF Trust (SPY), 2.31% in Ally Financial Inc (NYSE:ALLY), and 1.49% in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT). The holdings are mainly concentrated in 11 industries: Financial Services, Industrials, Healthcare, Basic Materials, Consumer Cyclical, Communication Services, Technology, Consumer Defensive, Real Estate, Energy, and Utilities. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Error while retrieving data Sign in to access your portfolio Error while retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
Louis Moore Bacon's Strategic Moves: A Significant Reduction in NVIDIA Corp
Louis Moore Bacon (Trades, Portfolio) recently submitted the 13F filing for the first quarter of 2025, providing insights into his investment moves during this period. Louis Moore Bacon (Trades, Portfolio) (born 1956) is an American hedge fund manager and trader who uses a global macro strategy to invest in the markets. Bacon is considered one of the top 100 traders of the 20th century. He is the manager of a leading New York City-based hedge fund, Moore Capital Management, which he founded in 1989. The firm uses a bold and global macro-based approach to investing. After 30 years of operation, the hedge fund closed itself to outside investors in late 2019 and consolidated its three flagship funds into one proprietary fund. Regarding the new arrangement, Bacon wrote, "now I am once again concentrating on my personal investment account while overseeing a large multi-asset alternatives platform." Warning! GuruFocus has detected 5 Warning Signs with FL. Louis Moore Bacon (Trades, Portfolio) added a total of 153 stocks, among them: The most significant addition was SPDR S&P 500 ETF Trust (SPY), with 205,968 shares, accounting for 2.63% of the portfolio and a total value of $115.216 million. The second largest addition to the portfolio was iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT), consisting of 716,176 shares, representing approximately 1.49% of the portfolio, with a total value of $65.193 million. The third largest addition was UBS Group AG (NYSE:UBS), with 1,442,286 shares, accounting for 1% of the portfolio and a total value of $43.799 million. Louis Moore Bacon (Trades, Portfolio) also increased stakes in a total of 64 stocks, among them: The most notable increase was iShares Russell 2000 ETF (IWM), with an additional 720,133 shares, bringing the total to 810,400 shares. This adjustment represents a significant 797.78% increase in share count, a 3.28% impact on the current portfolio, with a total value of $161.667 million. The second largest increase was Alibaba Group Holding Ltd (NYSE:BABA), with an additional 209,500 shares, bringing the total to 238,000. This adjustment represents a significant 735.09% increase in share count, with a total value of $31.471 million. Louis Moore Bacon (Trades, Portfolio) also reduced positions in 82 stocks. The most significant changes include: Reduced NVIDIA Corp (NASDAQ:NVDA) by 2,224,437 shares, resulting in a -99.85% decrease in shares and a -3.59% impact on the portfolio. The stock traded at an average price of $126.74 during the quarter and has returned -1.94% over the past 3 months and 1.39% year-to-date. Reduced Microsoft Corp (NASDAQ:MSFT) by 492,125 shares, resulting in a -98.43% reduction in shares and a -2.49% impact on the portfolio. The stock traded at an average price of $407.71 during the quarter and has returned 11.74% over the past 3 months and 8.28% year-to-date. At the first quarter of 2025, Louis Moore Bacon (Trades, Portfolio)'s portfolio included 455 stocks, with top holdings including 4.45% in S&P MidCap 400 ETF (MDY), 3.69% in iShares Russell 2000 ETF (IWM), 2.63% in SPDR S&P 500 ETF Trust (SPY), 2.31% in Ally Financial Inc (NYSE:ALLY), and 1.49% in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT). The holdings are mainly concentrated in 11 industries: Financial Services, Industrials, Healthcare, Basic Materials, Consumer Cyclical, Communication Services, Technology, Consumer Defensive, Real Estate, Energy, and Utilities. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Sign in to access your portfolio
