Paul Tudor Jones Loves Pharma Spinoffs

Each quarter, hedge funds, such as Tudor Investment Group, which is run by billionaire Paul Tudor Jones, file 13Fs with the Securities and Exchange Commission, disclosing many of their top equity positions. Tudor Jones has had an active first quarter, initiating more than 300 new equity positions and selling out of nearly 400. A substantial part of his fund's equity holdings for the first quarter of 2013 was in healthcare-related stocks. An examination of the three largest healthcare equity holdings in the fund's 13F reveals that he has a love of spinoffs, past and future.

The fund's biggest healthcare holding is the pharmaceutical giant Pfizer (PFE); the fund's 13F reports holdings of 1,827,050 shares, valued at about $52.7 million. This constitutes nearly 4% of the fund's reported equity holdings, the second-largest stake overall....560 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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