Chimera Investment Corporation (CIM), Freeport-McMoRan Copper & Gold Inc. (FCX), Anacor Pharmaceuticals Inc (ANAC): What This $5 Billion Hedge Fund Has Been Buying

Finally, Farallon’s biggest closed positions included Virgin Media and American Express. Other closed positions of interest include Dynavax Technologies Corporation (NASDAQ:DVAX). Dynavax shares surged in late July when its second quarter featured a smaller-than-expected loss. The company’s Hepatitis B drug, Heplisav, has faced challenges from the FDA and delays. The company is also working on a treatment for asthma.

We should never blindly copy any investor’s moves, no matter how talented the investor. But it can be useful to keep an eye on what smart folks are doing, and 13-F forms can be great places to find intriguing candidates for our portfolios.

The article Here’s What This $5 Billion Hedge Fund Has Been Buying originally appeared on Fool.com and is written by Selena Maranjian.

Longtime Fool contributor Selena Maranjianwhom you can follow on Twitter, owns shares of American Express. The Motley Fool recommends American Express and Kinder Morgan and owns shares of Freeport-McMoRan Copper & Gold and Kinder Morgan. 

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