Paulson Triples Stakes in Endo, Akorn as Other Hedge Funds Sell

  • Billionaire manager sees ‘deeply oversold’ health-care stocks
  • Firm established Alexion, Baxalta positions in first quarter

Paulson & Co., the firm led by billionaire John Paulson, tripled its stakes in Endo International Plc and Akorn Inc. in the first quarter, sticking to big-name health-care wagers even as many other hedge funds ran the opposite way.

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