Moore Capital doubled its TLT position and dumped megacap stocks

As seen on the 24/7 Wall St. homepage on August 14, 2026.

Bullish options Louis Bacon Moore Capital Management LP
Bullish on TLTISHARES TR Bullish options position — not ownership
Underlying shares
10M
Option value
$864M
% of portfolio

As of Jun 30, 2026 · disclosed Aug 14, 2026 · ~45 days stale — may not reflect current positions.

10.4M7.50M4.60M

Louis Bacon's Moore Capital was leaning hard on long-duration Treasuries as of June 30, with the 20-year bond ETF making up roughly a fifth of the disclosed portfolio. The same filing shows exits from the S&P 500 and Nasdaq 100 index funds plus Meta, Amazon and Microsoft, a clean rotation out of megacap equity beta and into rates.

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Moore Capital doubled its long-duration Treasury ETF stake to roughly $864 million as of June 30, disclosed August 14, making it the firm's largest single disclosed holding.

The filing showed exits from S&P 500 and Nasdaq 100 index funds and from Meta, Amazon, and Microsoft, a sweeping rotation out of equity beta and into government bonds.

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Louis Bacon is positioning for a rate environment that favors bonds over growth equities.

Keep an eye on whether other large macro managers follow in their upcoming 13F filings.

Mentioned: TLT