Cooperman (Omega)

Q1 2014 13F · by Leon Cooperman, CEO

As of: Mar 31, 2014
Filed: May 15, 2014
US stock: $7.5B · prev $7.1B
Positions: 79 · prev 77
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%

Moves77 since the prior filing

+10.2 pp in · −10.1 pp out

New 11 +6.02 pp
Added 36 +4.16 pp
Trimmed 21 −6.65 pp
Exited 9 −3.44 pp

The book

Diversified · behaves like 46 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 31% a year, about 3.2 years per position

Low
Moderate
High

Top 5 positions20% of US stock

unresolved Sprint Corporation added−0.91 pp added−0.915.3%
unresolved Sandridge Energy Inc added+0.40 pp added+0.403.9%
AIG American International Group, Inc. trimmed−0.43 pp trimmed−0.433.8%
SIRI Sirius XM Holdings, Inc added−0.23 pp added−0.233.6%
SLM SLM Corporation trimmed−0.52 pp trimmed−0.523.4%

Positions79 in this filing · 9 exited


unresolvedSprint Corporation	5.27%	43,235,421	$397M	added+7%	−0.91 pp	3 q
unresolvedSandridge Energy Inc	3.89%	47,751,363	$293M	added+18%	+0.40 pp	4 q
AIGAmerican International Group, Inc.	3.80%	5,733,100	$287M	trimmed−2%	−0.43 pp	4 q
SIRISirius XM Holdings, Inc	3.65%	86,016,228	$275M	added+10%	−0.23 pp	2 q
SLMSLM Corporation	3.43%	10,581,096	$259M	trimmed−0%	−0.52 pp	4 q
CCitigroup Inc.	3.38%	5,360,000	$255M	added+37%	+0.48 pp	4 q
HALHalliburton Company	2.77%	3,544,600	$209M	added0%	+0.22 pp	4 q
unresolvedChimera Investment Corp	2.68%	66,173,233	$202M	added+7%	−0.05 pp	4 q
MSIMotorola Solutions, Inc. New	2.66%	3,126,876	$201M	trimmed−5%	−0.50 pp	4 q
DISHDISH Network Corp.	2.57%	3,118,479	$194M	trimmed−21%	−0.65 pp	4 q
unresolvedAtlas Energy LP	2.20%	3,855,740	$166M	added+14%	−0.04 pp	4 q
EBAYeBay Inc	2.13%	2,906,100	$161M	added×3.4	+1.46 pp	2 q
QCOMQualcomm Inc	2.11%	2,013,587	$159M	trimmed−23%	−0.65 pp	4 q
unresolvedKkr Financial Holdings LLC	2.09%	13,609,426	$157M	trimmed−10%	−0.51 pp	4 q
EMNEastman Chemical Company	2.07%	1,811,898	$156M	trimmed−13%	−0.30 pp	4 q
unresolvedHarbinger Group Inc	2.00%	12,344,300	$151M	added+90%	+0.91 pp	4 q
LYBLyondellBasell Industries N.V. Class A	2.00%	1,695,833	$151M	trimmed−11%	−0.16 pp	4 q
SUNEQSunedison Inc	1.87%	7,469,248	$141M	trimmed−8%	+0.37 pp	2 q
HCAHCA Healthcare, Inc.	1.81%	2,603,500	$137M	added+3%	+0.10 pp	3 q
CZRCaesars Entertainment, Inc.	1.80%	7,147,463	$136M	added+35%	+0.19 pp	4 q
ETRAE*trade Financial Corp	1.79%	5,882,027	$135M	trimmed−14%	−0.11 pp	4 q
ASPSAltisource Portfolio Solutions S.A.	1.73%	1,069,840	$130M	added+16%	−0.35 pp	4 q
COFCapital One Financial	1.66%	1,620,155	$125M	added+1%	−0.09 pp	4 q
MCKMcKesson Corporation	1.66%	710,982	$126M	added+3%	+0.07 pp	4 q
GLPIGaming and Leisure Properties, Inc.	1.55%	3,212,209	$117M	added+45%	−0.05 pp	2 q
BSXBoston Scientific Corp.	1.53%	8,533,099	$115M	held	—	4 q
HOUSAnywhere Real Estate Inc.	1.53%	2,660,256	$116M	added+42%	+0.22 pp	3 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	1.48%	1,362,333	$112M	added+1%	+0.04 pp	4 q
unresolvedAtlas Resource Partners LP	1.45%	5,230,194	$109M	added0%	−0.07 pp	4 q
KMIKinder Morgan, Inc.	1.44%	3,351,559	$109M	trimmed−7%	−0.41 pp	4 q
unresolvedAtlas Pipeline Partners LP	1.43%	3,357,502	$108M	added+1%	−0.22 pp	4 q
DNRDenbury Resources, Inc.	1.37%	6,320,207	$104M	added+34%	+0.27 pp	4 q
JPMJPMorgan Chase & Co.	1.35%	1,673,000	$102M	added×24.1	+1.29 pp	4 q
TMOThermo Fisher Scientific, Inc.	1.35%	847,800	$102M	added+3%	+0.05 pp	4 q
FCXFreeport-McMoran Inc.	1.31%	2,986,000	$99M	added+3%	−0.24 pp	3 q
RIGTransocean LTD.	1.31%	2,382,545	$98M	trimmed−17%	−0.71 pp	4 q
unresolvedXl Group PLC	1.29%	3,108,172	$97M	trimmed−3%	−0.16 pp	4 q
unresolvedCameron International Corp	1.24%	1,510,300	$93M	added+6%	+0.04 pp	2 q
DGDollar General Corp.	1.23%	1,670,100	$93M	new	+1.23 pp	new
ICEIntercontinental Exchange Inc.	1.13%	430,170	$85M	added+1%	−0.23 pp	2 q
unresolvedThe Adt Corporation	1.07%	2,687,244	$80M	new	+1.07 pp	new
unresolvedNew Residential Invt Corp	0.97%	11,363,944	$74M	added+47%	+0.24 pp	4 q
unresolvedTime Warner Cable Inc	0.97%	534,000	$73M	new	+0.97 pp	new
unresolvedLinn Energy Llc-units	0.95%	2,518,119	$71M	trimmed−1%	−0.16 pp	4 q
WPXWPX Energy, Inc.	0.91%	3,814,861	$69M	added+71%	+0.27 pp	4 q
PVHPVH Corp.	0.89%	539,101	$67M	added+13%	−0.03 pp	4 q
PMTPennyMac Mortgage Investment Trust	0.79%	2,504,701	$60M	held	—	4 q
NEWMUSA TODAY Co., Inc.	0.78%	3,905,330	$59M	new	+0.78 pp	new
OPLNOPENLANE, Inc	0.76%	1,898,392	$58M	added+62%	+0.27 pp	2 q
AGOAssured Guaranty, LTD	0.76%	2,252,913	$57M	added+18%	+0.12 pp	2 q
unresolvedNewcastle Invt Corp	0.75%	12,045,019	$57M	added+1%	−0.22 pp	4 q
WYWeyerhaeuser Company	0.74%	1,914,368	$56M	trimmed−20%	−0.33 pp	2 q
unresolvedPennymac Finl Svcs Inc	0.73%	3,291,600	$55M	added+19%	+0.04 pp	4 q
LORLLoral Space and Communications, Inc.	0.72%	766,866	$54M	added+2%	−0.15 pp	4 q
unresolvedActavis PLC	0.72%	264,093	$54M	new	+0.72 pp	new
UALUnited Airlines Holdings, Inc.	0.70%	1,186,200	$53M	added+1%	+0.07 pp	2 q
SPWRQSunpower Corp	0.60%	1,396,729	$45M	new	+0.60 pp	new
EXXIEnergy Xxi Ltd	0.44%	1,400,383	$33M	trimmed−19%	−0.22 pp	4 q
unresolvedLin Media LLC	0.38%	1,071,448	$28M	added+79%	+0.14 pp	3 q
unresolvedCobalt Intl Energy Inc	0.34%	1,390,263	$25M	added+73%	+0.15 pp	2 q
unresolvedComcast Corp. Spl Cl A	0.32%	502,600	$25M	trimmed−58%	−0.52 pp	3 q
APCAnadarko Petroleum Corp	0.26%	230,349	$20M	new	+0.26 pp	new
unresolvedSupervalu Inc	0.24%	2,601,436	$18M	trimmed−29%	−0.14 pp	4 q
NOVNOV Inc.	0.19%	183,200	$14M	new	+0.19 pp	new
TCRDTHL Credit, Inc.	0.17%	933,170	$13M	held	—	4 q
unresolvedCenter Bancorp Inc	0.14%	545,000	$10M	held	—	4 q
unresolvedExpress Scripts Hldg Co	0.14%	141,300	$11M	trimmed−18%	−0.03 pp	4 q
unresolvedEllington Financial LLC	0.12%	372,530	$9M	held	—	2 q
OCNOnity Group Inc.	0.12%	222,300	$9M	new	+0.12 pp	new
unresolvedPlatform Specialty Prods Cor	0.07%	266,666	$5M	new	+0.07 pp	new
unresolvedResource Capital Corp	0.07%	1,000,000	$6M	held	—	4 q
unresolvedCaesars Acquisition Co	0.06%	302,780	$4M	trimmed−91%	−0.50 pp	2 q
MITTTPG Mortgage Investment Trust, Inc.	0.05%	200,000	$4M	held	—	4 q
unresolvedResource America Inc Cl A	0.05%	398,349	$3M	trimmed−15%	−0.01 pp	4 q
unresolvedApollo Invt Corp	0.02%	150,000	$1M	held	—	4 q
unresolvedEnlink Midstream Partners LP	0.01%	23,100	$703,000	new	+0.01 pp	new
unresolvedTwo Harbors Investment Corp	0.01%	100,000	$1M	held	—	4 q
TGPNSeapeak LLC	0.01%	20,000	$827,000	held	—	4 q
unresolvedSilver Bay Realty Trust Corp	0.00%	4,882	$76,000	held	—	4 q
TMUST-Mobile US, Inc.	—	−3,040,145	—	exited	−1.45 pp	—
GMGeneral Motors Company	—	−1,046,400	—	exited	−0.61 pp	—
unresolvedKkr & Co L P DEL	—	−1,640,540	—	exited	−0.57 pp	—
WMBWilliams Companies Inc.	—	−550,000	—	exited	−0.30 pp	—
LENLennar Corporation Class A	—	−425,000	—	exited	−0.24 pp	—
METMetLife, Inc.	—	−132,900	—	exited	−0.10 pp	—
unresolvedGannett Inc	—	−210,231	—	exited	−0.09 pp	—
EWWiShares MSCI Mexico ETF	—	−75,000	—	exited	−0.07 pp	—
unresolvedCrosstex Energy LP	—	−23,100	—	exited	−0.01 pp	—