George Soros’ firm Soros Fund Management LLC boosted its stake in Herbalife, while some of the firm’s top 20 investors liquidated their positions during the fourth quarter.
Herbalife’s shares have fallen significantly since December 2012, when hedge fund manager Bill Ackman announced that he was establishing a more than $1 billion short position.
George Soros ups stake by nearly 80% in Herbalife
As reported by ValueWalk, George Soros boosted his firm’s stake in Herbalife during the fourth quarter of 2014. According to a regulatory filing Tuesday, Soros Fund Management LLC added 1.56 million Herbalife shares during the fourth...
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