{"id":29031,"date":"2012-05-16T07:16:39","date_gmt":"2012-05-16T11:16:39","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=29031"},"modified":"2012-05-16T07:16:40","modified_gmt":"2012-05-16T11:16:40","slug":"moore-leads-hedge-funds-betting-on-jpmorgan-before-trade-losses","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2012\/moore-leads-hedge-funds-betting-on-jpmorgan-before-trade-losses.html","title":{"rendered":"Moore Leads Hedge Funds Betting on JPMorgan Before Trade Losses"},"content":{"rendered":"<p>Bloomberg &#8211; Hedge funds Moore Capital Management LLC and Blue Ridge Capital LLC boosted their stakes in JPMorgan Chase &amp; Co., while Kingdon Capital Management LLC divested, before the shares plunged because of a $2 billion trading loss.<\/p>\n<p>Moore, the $15 billion New York-based firm run by Louis Moore Bacon, bought 6 million shares of JPMorgan and its $297.3 million stake was its largest U.S. stock holding as of March 31, according to a filing yesterday with the Securities and Exchange Commission. John Griffin&#8217;s New York-based Blue Ridge purchased 1.85 million shares, raising its stake in the bank to 6.14 million.<\/p>\n<p><a href=\"http:\/\/www.sfgate.com\/cgi-bin\/article.cgi?f=\/g\/a\/2012\/05\/15\/bloomberg_articlesM435PY6K50ZK01-M43CV.DTL\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Hedge funds Moore Capital Management LLC and Blue Ridge Capital LLC boosted their stakes in JPMorgan Chase &amp; Co., while Kingdon Capital Management LLC divested, before the shares plunged because of a $2 billion trading loss. Moore, the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-29031","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=29031"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29031\/revisions"}],"predecessor-version":[{"id":29032,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29031\/revisions\/29032"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=29031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=29031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=29031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}