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Tiger Pack Bets Big on Allergan in the Third Quarter

Managers affiliated with Julian Robertson Jr. were heavily invested in the drug giant last quarter, in one of a few departures from the mainstream hedge fund crowd over the period.

       Photo credit: Bloomberg Hedge fund firms with some sort of ties to Julian Robertson Jr.’s Tiger Management continued to bet heavily on drug giant Allergan in the third quarter, new research shows. Twenty of 46 Tiger-related hedge fund firms held the stock as of September 30, making it the most widely held

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