Institutional investors increased their healthcare stock holdings 14.1% in the third quarter, according to Susquehanna International Group, Bala Cynwyd, Pa. Institutions managing at least $100 million, exclusive of mutual funds, increased their equity by $10.2 billion while other institutions reduced their healthcare services positions by $3.8 billion, for net inflow of $6.3 billion, the firm said. John Souter, an analyst in the firm's financial group, attributed the influx of capital to the prospect of increased prescription consumption if Congress passes a Medicare drug benefit, higher health plan enrollment due to employment gains and depressed prices for hospital stocks. -- by Mary Chris Jaklevic
Healthcare stocks popular with big investors
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