Louis Bacon's Moore Capital - recently making headlines for returning $2B to investors as it...

|By:, SA News Editor

Louis Bacon's Moore Capital - recently making headlines for returning $2B to investors as it can't figure out how to create alpha anymore - sells $700M worth of stocks, including all of its holdings of JPMorgan, Wells Fargo, U.S. Bancorp, an Emerging Market ETF (VWO), and Williams Companies (WMB). The fund took new positions in HYG, JNJ, AGO, and troubled Diamond Foods (DMND).