Fact Based List:

Reuters: 6 Things to Know About Q2 Hedge Fund Investment Reductions

Submitted by Anonymous on Tue, 08/15/2017 - 16:50


  1. Hedge funds that decreased their shares in healthcare companies include Third Point, and Jana Partners
  2. Jana Partners sold its shares in nine healthcare companies
  3. Farallon Capital dissolved its stakes in Indianapolis-based Eli Lilly and Co. and New York City-based Bristol-Myers Squibb Co.
  4. Third Point also decreased investments in some healthcare companies
  5. Overall in the second quarter, S&P 500 healthcare stocks increased 6.7 percent, compared to a 2.6 percent increase in the broad S&P 500 index, according to the report
  6. The actions by some hedge funds came as GOP lawmakers made efforts to repeal and replace the ACA


Source: Reuters
Source URL: https://www.reuters.com/article/us-investment-funds-idUSKCN1...



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