Reuters – Top U.S. hedge fund managers had mixed feelings about General Motors in the first quarter as the automaker’s shares fell 15.8 percent, with some increasing their holdings and others going so far as to sell their entire stakes.
John Paulson’s Paulson Management LP increased its exposure to GM by 114.9 percent to 4 million shares and David Tepper’s Appaloosa Management boosted its GM share figure by 58.7 percent to 7.9 million shares, regulatory filings showed on Thursday.