Cooperman (Omega)

Q4 2013 13F · by Leon Cooperman, CEO

As of: Dec 31, 2013
Filed: Feb 14, 2014
US stock: $7.1B · prev $6.6B
Positions: 77 · prev 74
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves78 since the prior filing

+23.5 pp in · −23.8 pp out

New 17 +16.13 pp
Added 21 +7.39 pp
Trimmed 26 −11.22 pp
Exited 14 −12.59 pp

The book

Diversified · behaves like 42 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 84% a year, about 1.2 years per position

Low
Moderate
High

Top 5 positions22% of US stock

unresolved Sprint Corporation added+2.86 pp added+2.866.2%
AIG American International Group, Inc. added−0.04 pp added−0.044.2%
SLM SLM Corporation trimmed−0.92 pp trimmed−0.924.0%
SIRI Sirius XM Holdings, Inc new+3.88 pp new+3.883.9%
unresolved Sandridge Energy Inc added+0.45 pp added+0.453.5%

Positions77 in this filing · 14 exited


unresolvedSprint Corporation	6.18%	40,558,858	$436M	added+15%	+2.86 pp	2 q
AIGAmerican International Group, Inc.	4.23%	5,846,100	$298M	added+1%	−0.04 pp	3 q
SLMSLM Corporation	3.95%	10,600,994	$279M	trimmed−18%	−0.92 pp	3 q
SIRISirius XM Holdings, Inc	3.88%	78,493,003	$274M	new	+3.88 pp	new
unresolvedSandridge Energy Inc	3.49%	40,532,663	$246M	added+18%	+0.45 pp	3 q
DISHDISH Network Corp.	3.22%	3,925,070	$227M	added+12%	+0.83 pp	3 q
MSIMotorola Solutions, Inc. New	3.16%	3,303,301	$223M	trimmed−10%	−0.13 pp	3 q
CCitigroup Inc.	2.90%	3,924,300	$204M	added+2%	+0.09 pp	3 q
QCOMQualcomm Inc	2.76%	2,619,887	$195M	trimmed−7%	−0.12 pp	3 q
unresolvedChimera Investment Corp	2.73%	62,125,420	$193M	added0%	−0.11 pp	3 q
unresolvedKkr Financial Holdings LLC	2.60%	15,058,073	$184M	trimmed−0%	+0.25 pp	3 q
HALHalliburton Company	2.55%	3,542,400	$180M	trimmed−3%	−0.10 pp	3 q
EMNEastman Chemical Company	2.37%	2,070,781	$167M	added+12%	+0.20 pp	3 q
unresolvedAtlas Energy LP	2.24%	3,371,947	$158M	trimmed−16%	−1.08 pp	3 q
LYBLyondellBasell Industries N.V. Class A	2.16%	1,897,033	$152M	added0%	+0.06 pp	3 q
ASPSAltisource Portfolio Solutions S.A.	2.08%	925,063	$147M	trimmed−9%	−0.07 pp	3 q
RIGTransocean LTD.	2.02%	2,882,545	$142M	trimmed−17%	−0.33 pp	3 q
ETRAE*trade Financial Corp	1.90%	6,832,027	$134M	trimmed−11%	−0.02 pp	3 q
KMIKinder Morgan, Inc.	1.85%	3,621,759	$130M	trimmed−4%	−0.18 pp	3 q
COFCapital One Financial	1.75%	1,608,855	$123M	trimmed−6%	−0.04 pp	3 q
HCAHCA Healthcare, Inc.	1.71%	2,532,000	$121M	added+32%	+0.47 pp	2 q
unresolvedAtlas Pipeline Partners LP	1.65%	3,327,802	$117M	trimmed−23%	−0.88 pp	3 q
CZRCaesars Entertainment, Inc.	1.61%	5,285,071	$114M	added+70%	+0.68 pp	3 q
GLPIGaming and Leisure Properties, Inc.	1.60%	2,221,587	$113M	new	+1.60 pp	new
MCKMcKesson Corporation	1.59%	693,482	$112M	added0%	+0.25 pp	3 q
FCXFreeport-McMoran Inc.	1.55%	2,900,800	$109M	added+2%	+0.12 pp	2 q
unresolvedAtlas Resource Partners LP	1.52%	5,220,194	$107M	added+8%	−0.01 pp	3 q
SUNEQSunedison Inc	1.50%	8,103,148	$106M	new	+1.50 pp	new
BSXBoston Scientific Corp.	1.45%	8,533,099	$103M	trimmed−37%	−0.94 pp	3 q
TMUST-Mobile US, Inc.	1.45%	3,040,145	$102M	new	+1.45 pp	new
unresolvedXl Group PLC	1.45%	3,209,872	$102M	trimmed−12%	−0.25 pp	3 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	1.44%	1,352,033	$102M	added+10%	+0.11 pp	3 q
ICEIntercontinental Exchange Inc.	1.36%	427,770	$96M	new	+1.36 pp	new
HOUSAnywhere Real Estate Inc.	1.31%	1,867,140	$92M	added+19%	+0.29 pp	2 q
TMOThermo Fisher Scientific, Inc.	1.30%	825,000	$92M	added+34%	+0.44 pp	3 q
unresolvedCameron International Corp	1.20%	1,425,000	$85M	new	+1.20 pp	new
unresolvedLinn Energy Llc-units	1.11%	2,552,419	$79M	trimmed−14%	−0.05 pp	3 q
DNRDenbury Resources, Inc.	1.10%	4,717,727	$78M	trimmed−4%	−0.27 pp	3 q
unresolvedHarbinger Group Inc	1.09%	6,500,000	$77M	held	—	3 q
WYWeyerhaeuser Company	1.07%	2,396,203	$76M	new	+1.07 pp	new
unresolvedNewcastle Invt Corp	0.97%	11,969,619	$69M	added+88%	+0.43 pp	3 q
PVHPVH Corp.	0.92%	477,000	$65M	trimmed−36%	−0.42 pp	3 q
LORLLoral Space and Communications, Inc.	0.87%	754,766	$61M	held	—	3 q
unresolvedComcast Corp. Spl Cl A	0.84%	1,193,300	$60M	held	—	2 q
PMTPennyMac Mortgage Investment Trust	0.82%	2,504,701	$58M	added+15%	+0.07 pp	3 q
unresolvedNew Residential Invt Corp	0.73%	7,755,999	$52M	added+36%	+0.16 pp	3 q
unresolvedPennymac Finl Svcs Inc	0.69%	2,759,600	$48M	held	—	3 q
EBAYeBay Inc	0.67%	854,800	$47M	new	+0.67 pp	new
EXXIEnergy Xxi Ltd	0.66%	1,720,860	$47M	trimmed−28%	−0.43 pp	3 q
WPXWPX Energy, Inc.	0.64%	2,228,482	$45M	added+5%	+0.02 pp	3 q
AGOAssured Guaranty, LTD	0.64%	1,911,013	$45M	new	+0.64 pp	new
UALUnited Airlines Holdings, Inc.	0.63%	1,177,700	$45M	new	+0.63 pp	new
GMGeneral Motors Company	0.61%	1,046,400	$43M	new	+0.61 pp	new
unresolvedKkr & Co L P DEL	0.57%	1,640,540	$40M	trimmed−47%	−0.39 pp	3 q
unresolvedCaesars Acquisition Co	0.56%	3,285,473	$40M	new	+0.56 pp	new
OPLNOPENLANE, Inc	0.49%	1,172,300	$35M	new	+0.49 pp	new
unresolvedSupervalu Inc	0.38%	3,663,319	$27M	trimmed−27%	−0.25 pp	3 q
WMBWilliams Companies Inc.	0.30%	550,000	$21M	trimmed−54%	−0.36 pp	3 q
LENLennar Corporation Class A	0.24%	425,000	$17M	trimmed−66%	−0.42 pp	2 q
unresolvedLin Media LLC	0.24%	600,000	$17M	held	—	2 q
TCRDTHL Credit, Inc.	0.22%	933,170	$15M	trimmed−37%	−0.13 pp	3 q
unresolvedCobalt Intl Energy Inc	0.19%	803,000	$13M	new	+0.19 pp	new
unresolvedExpress Scripts Hldg Co	0.17%	173,100	$12M	trimmed−91%	−1.61 pp	3 q
unresolvedCenter Bancorp Inc	0.14%	545,000	$10M	held	—	3 q
unresolvedEllington Financial LLC	0.12%	372,530	$8M	new	+0.12 pp	new
METMetLife, Inc.	0.10%	132,900	$7M	trimmed−96%	−2.00 pp	3 q
unresolvedGannett Inc	0.09%	210,231	$6M	new	+0.09 pp	new
unresolvedResource Capital Corp	0.08%	1,000,000	$6M	held	—	3 q
EWWiShares MSCI Mexico ETF	0.07%	75,000	$5M	new	+0.07 pp	new
JPMJPMorgan Chase & Co.	0.06%	69,400	$4M	added+45%	+0.02 pp	3 q
unresolvedResource America Inc Cl A	0.06%	467,600	$4M	trimmed−61%	−0.08 pp	3 q
MITTTPG Mortgage Investment Trust, Inc.	0.04%	200,000	$3M	held	—	3 q
unresolvedApollo Invt Corp	0.02%	150,000	$1M	held	—	3 q
unresolvedCrosstex Energy LP	0.01%	23,100	$638,000	held	—	3 q
unresolvedTwo Harbors Investment Corp	0.01%	100,000	$928,000	held	—	3 q
TGPNSeapeak LLC	0.01%	20,000	$854,000	held	—	3 q
unresolvedSilver Bay Realty Trust Corp	0.00%	4,882	$78,000	held	—	3 q
unresolvedSirius Xm Radio Inc	—	−71,893,003	—	exited	−4.21 pp	—
unresolvedNyse Euronext	—	−4,123,799	—	exited	−2.62 pp	—
unresolvedPolycom Inc	—	−9,424,548	—	exited	−1.56 pp	—
PENNPENN Entertainment, Inc.	—	−1,557,487	—	exited	−1.30 pp	—
ATMLAtmel Corp	—	−9,048,095	—	exited	−1.02 pp	—
unresolvedValidus Holdings Ltd	—	−1,579,928	—	exited	−0.88 pp	—
LNCOLinnco LLC Com Shs Repstg Ltd Liability	—	−472,453	—	exited	−0.26 pp	—
OCNOnity Group Inc.	—	−292,300	—	exited	−0.25 pp	—
unresolvedOrient Express Hotels Ltd	—	−1,205,022	—	exited	−0.24 pp	—
MRKMerck & Co., Inc.	—	−203,200	—	exited	−0.15 pp	—
EWCiShares MSCI Canada ETF	—	−60,000	—	exited	−0.03 pp	—
DXJWisdomTree Japan Hedged Equity Fund	—	−35,000	—	exited	−0.03 pp	—
XLBState Street Materials Select Sector SPDR ETF	—	−36,000	—	exited	−0.02 pp	—
XLFState Street Financial Select Sector SPDR ETF	—	−75,000	—	exited	−0.02 pp	—

Source

Form: 13F-HR
Reading: 0 defects · 30 unresolved
Accession: 0001140361-14-007431
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet

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