Pacific Heights Asset Management LLC Adds New Stake in Amgen

Pacific Heights Asset Management LLC has purchased a new position in Amgen Inc. (NASDAQ:AMGN) worth approximately $32,591,000. The institutional investor acquired 90,000 shares of the medical research company's stock during the second quarter.

This represents about 1% of Pacific Heights Asset Management LLC's holdings and makes Amgen its 27th largest position. Several other hedge funds have also recently added to or reduced their stakes in AMGN, including Adell Harriman & Carpenter Inc., Fideuram Intesa Sanpaolo Private Banking S.P.A., Sigma Planning Corp, National Pension Service, and Integrated Advisors Network LLC.