A Growing Biotech Sees Hedge-Fund Buying

Visium Asset Management, a hedge fund that has more than $3.5 billion in assets under management and is run by Jacob Gottlieb, has reported a position of 3.8 million shares in Santarus (SNTS), a $1.2 billion market cap biotechnology company.

Visium, which tends to invest more than half of its total capital reported in 13F filings in healthcare companies (these filings disclose many of a hedge fund's long equity positions in U.S. stocks), now owns 6% of the total shares outstanding. From the most recent 13F, we can see that the fund had owned 1.5 million shares as of the beginning of January 2013, and this had been a new position for the fourth quarter....489 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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