David Tepper's Appaloosa just dropped about $1 billion on 4 pharma stocks (PFE, TEVA, MYL, AGN)

pulse

February 14, 2017 11:30 PM

David Tepper's Appaloosa went big on pharma stocks in the fourth quarter.

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David Tepper's Appaloosa went big on pharma stocks in the fourth quarter.

The fund took big new positions in Teva ($183 million), Pfizer ($156 million), and Mylan ($125 million) in the final three months of the year, according to a

The quarterly filing, called a 13F, lists the long stock positions of investment firms. The positions are current as of 45 days ago, so it is possible that Appaloosa has since changed its positions.

According to the 13F, Appaloosa's biggest moves in the fourth quarter were:

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