BOSTON ( TheStreet) -- The $2.5 billion Navellier hedge fund made three big new purchases in the second quarter in disparate industries.It bought $38 million of shares in health insurer UnitedHealth Group (UNH - Get Report), creating a 1.5% portfolio stake, $32 million of preferred shares of beer maker AmBev (ABV), resulting in a 1.3% portfolio stake, and $31 million of the shares of cigarette maker Reynolds American (RAI - Get Report), making it a 1.3% portfolio position.
Navellier Makes Three Big New Bets
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