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Falcon Edge Heavily Revamped Its Top Holdings

The Tiger Grandcub surged in April after making major changes to its largest positions in the first quarter.

Richard Gerson’s Falcon Edge Capital made perhaps more major changes to its portfolio than any other hedge fund in the first quarter. But it apparently paid off. At the end of March, four of the Tiger Management descendant’s six-largest U.S. common stock long positions were new, as were ten of the

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