Hedge-fund manager John Paulson massively boosted his stake in drug firm Teva Pharmaceutical Industries, according to a Monday regulatory filing.
Investment firm Paulson & Co. bought nearly 16 million shares of Teva taking his stake to 18 million shares.
Large investors must disclose long equity positions held at the end of each quarter within 45 days.
The filing showed Paulson stuck to long bets on a number of pharmaceutical companies. Allergan remained the firm's largest holding at 7.18 million shares worth $1.95, equal to more than 10% of Paulson's reported long positions.
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