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Several investment firms in North America and the UK purchased shares in the first quarter of companies that plummeted after the meltdown of Archegos Capital Management, regulatory filings revealed.
Soros Fund Management and hedge funds HG Vora Capital Management and Coatue Management entered into positions in media stock ViacomCBS Inc after disclosing no holdings in the previous quarter, the quarterly filings covering the three months to the end of March showed.
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The so-called 13F filings do not disclose the date the purchase was made but give a snapshot of what fund managers owned at the end of the quarter.
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