Billionaires Can’t Live Without These 10 Stocks

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  1. Allergan PLC (NYSE:AGN)
  • Billionaires with Long Positions (as of June 30): 24
  • Aggregate Value of Billionaires’ Holdings (as of June 30): $10.78 billion

Allergan PLC (NYSE:AGN) continues to dominate the rankings, being the top overall stock pick as well as the top pick of billionaires for the second straight quarter. Billionaire ownership did decline by two, while the aggregate value of their holdings was relatively flat, up by $259 million, while shares were also up slightly in that time. Allergan recently sold its generic drugs business for a cool $40.5 billion to Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA), which will allow it to focus on and expand its higher-margin branded drugs segment. John Paulson and Andreas Halvorsen are among the big shareholders of Allergan PLC (NYSE:AGN).

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