Wednesday, 3 June 2015
Last updated 1 hour ago
Sep 17 2012 | 1:37pm ET
A healthcare hedge fund had a second quarter it won't soon forget, jumping more than a quarter on the period.
Palo Alto Investors rose 26.2% between April and June, Insider Monkey reports. The surge is thanks in no small part to Palo Alto's largest holding, Onyx Pharmaceuticals, which makes up almost 17% of the hedge fund's portfolio and which is up 74.5% this year.
Palo Alto also profited from its stakes in Cyberonics Inc.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…