Soros Fund Management Teva Investment

Soros Fund Management LLC, the family office of billionaireGeorge Soros, boosted its Teva holdings to the most since 2010 in the third quarter, according to a filing on Nov. 14, while Susquehanna Financial Group LLLP recommended buying the shares last month. The stock jumped 9.9 percent to $40.76 in November, leaving it up 9.2 percent this year. The Bloomberg Israel-US Equity Index of the most-traded Israeli companies in the U.S. capped the biggest monthly gain since 2011.

“It just makes sense to want to own Teva, certainly at this price level,” Jason Kolbert, an analyst at Maxim Group LLC in New York, said in a phone interview on Nov. 26. “Value buyers are really saying that the stock is oversold. That’s the nature of the conversations that I’ve had with the institutions that are calling me.” 

Source : http://www.bloomberg.com/news/2013-11-30/teva-s-woes-disregarded-as-shares-rally-israel-overnight.html