Cooperman (Omega)

Q2 2014 13F · by Leon Cooperman, CEO

As of: Jun 30, 2014
Filed: Aug 14, 2014
US stock: $7.6B · prev $7.5B
Positions: 88 · prev 79
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%

Moves90 since the prior filing

+15.2 pp in · −15.1 pp out

New 19 +8.13 pp
Added 24 +7.07 pp
Trimmed 37 −9.02 pp
Exited 10 −6.12 pp

The book

Diversified · behaves like 48 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 62% a year, about 1.6 years per position

Low
Moderate
High

Top 5 positions20% of US stock

unresolved Sprint Corporation trimmed−0.79 pp trimmed−0.794.5%
unresolved Sandridge Energy Inc trimmed+0.53 pp trimmed+0.534.4%
AIG American International Group, Inc. trimmed+0.12 pp trimmed+0.123.9%
SIRI Sirius XM Holdings, Inc trimmed+0.10 pp trimmed+0.103.8%
C Citigroup Inc. trimmed−0.07 pp trimmed−0.073.3%

Positions88 in this filing · 10 exited


unresolvedSprint Corporation	4.48%	39,782,957	$339M	trimmed−8%	−0.79 pp	4 q
unresolvedSandridge Energy Inc	4.42%	46,787,740	$335M	trimmed−2%	+0.53 pp	5 q
AIGAmerican International Group, Inc.	3.92%	5,443,100	$297M	trimmed−5%	+0.12 pp	5 q
SIRISirius XM Holdings, Inc	3.75%	82,015,028	$284M	trimmed−5%	+0.10 pp	3 q
CCitigroup Inc.	3.31%	5,324,350	$251M	trimmed−1%	−0.07 pp	5 q
unresolvedChimera Investment Corp	2.76%	65,627,288	$209M	trimmed−1%	+0.08 pp	5 q
DISHDISH Network Corp.	2.73%	3,183,179	$207M	added+2%	+0.16 pp	5 q
MSIMotorola Solutions, Inc. New	2.58%	2,938,976	$196M	trimmed−6%	−0.08 pp	5 q
unresolvedAtlas Energy LP	2.43%	4,099,440	$184M	added+6%	+0.23 pp	5 q
NAVINavient Corporation	2.37%	10,135,751	$180M	new	+2.37 pp	new
SUNEQSunedison Inc	2.19%	7,349,948	$166M	trimmed−2%	+0.32 pp	3 q
EBAYeBay Inc	2.11%	3,189,000	$160M	added+10%	−0.02 pp	3 q
GLPIGaming and Leisure Properties, Inc.	2.09%	4,665,450	$158M	added+45%	+0.54 pp	3 q
HALHalliburton Company	2.08%	2,214,300	$157M	trimmed−38%	−0.69 pp	5 q
unresolvedHarbinger Group Inc	2.03%	12,122,247	$154M	trimmed−2%	+0.03 pp	5 q
ETRAE*trade Financial Corp	1.94%	6,923,894	$147M	added+18%	+0.15 pp	5 q
HCAHCA Healthcare, Inc.	1.89%	2,544,700	$143M	trimmed−2%	+0.08 pp	4 q
EMNEastman Chemical Company	1.86%	1,611,208	$141M	trimmed−11%	−0.21 pp	5 q
ASPSAltisource Portfolio Solutions S.A.	1.86%	1,232,539	$141M	added+15%	+0.13 pp	5 q
unresolvedActavis PLC	1.83%	619,919	$138M	added×2.3	+1.11 pp	2 q
CZRCaesars Entertainment, Inc.	1.67%	6,991,033	$126M	trimmed−2%	−0.13 pp	5 q
MCKMcKesson Corporation	1.65%	669,775	$125M	trimmed−6%	−0.01 pp	5 q
unresolvedKkr & Co L P DEL	1.63%	5,080,173	$124M	new	+1.63 pp	new
KMIKinder Morgan, Inc.	1.58%	3,294,459	$119M	trimmed−2%	+0.14 pp	5 q
AAPLApple Inc.	1.55%	1,264,690	$118M	new	+1.55 pp	new
unresolvedComcast Corp. Spl Cl A	1.54%	2,181,272	$116M	added×4.3	+1.22 pp	4 q
unresolvedAtlas Pipeline Partners LP	1.53%	3,379,330	$116M	added+1%	+0.10 pp	5 q
DNRDenbury Resources, Inc.	1.47%	6,035,007	$111M	trimmed−5%	+0.10 pp	5 q
unresolvedAtlas Resource Partners LP	1.45%	5,422,694	$110M	added+4%	0.00 pp	5 q
JPMJPMorgan Chase & Co.	1.42%	1,872,100	$108M	added+12%	+0.07 pp	5 q
TMOThermo Fisher Scientific, Inc.	1.40%	898,800	$106M	added+6%	+0.05 pp	5 q
ICEIntercontinental Exchange Inc.	1.33%	532,570	$101M	added+24%	+0.20 pp	3 q
QCOMQualcomm Inc	1.33%	1,271,135	$101M	trimmed−37%	−0.78 pp	5 q
LYBLyondellBasell Industries N.V. Class A	1.32%	1,020,733	$100M	trimmed−40%	−0.68 pp	5 q
OCNOnity Group Inc.	1.27%	2,584,007	$96M	added×11.6	+1.15 pp	2 q
RIGTransocean LTD.	1.22%	2,049,645	$92M	trimmed−14%	−0.09 pp	5 q
WPXWPX Energy, Inc.	1.18%	3,730,263	$89M	trimmed−2%	+0.27 pp	5 q
FCXFreeport-McMoran Inc.	1.17%	2,420,600	$88M	trimmed−19%	−0.14 pp	4 q
PVHPVH Corp.	1.17%	762,401	$89M	added+41%	+0.28 pp	5 q
SLMSLM Corporation	1.13%	10,266,196	$85M	trimmed−3%	−2.30 pp	5 q
BSXBoston Scientific Corp.	1.10%	6,549,479	$84M	trimmed−23%	−0.43 pp	5 q
unresolvedTime Warner Cable Inc	1.05%	540,400	$80M	added+1%	+0.08 pp	2 q
unresolvedXl Group PLC	1.04%	2,399,992	$79M	trimmed−23%	−0.25 pp	5 q
unresolvedNew Residential Invt Corp	0.94%	11,245,171	$71M	trimmed−1%	−0.03 pp	5 q
UALUnited Airlines Holdings, Inc.	0.94%	1,742,774	$72M	added+47%	+0.24 pp	3 q
unresolvedSupervalu Inc	0.85%	7,802,645	$64M	added×3.0	+0.61 pp	5 q
PMTPennyMac Mortgage Investment Trust	0.83%	2,858,201	$63M	added+14%	+0.04 pp	5 q
LORLLoral Space and Communications, Inc.	0.81%	847,580	$62M	added+11%	+0.09 pp	5 q
APCAnadarko Petroleum Corp	0.80%	553,949	$61M	added×2.4	+0.54 pp	2 q
OPLNOPENLANE, Inc	0.78%	1,857,676	$59M	trimmed−2%	+0.02 pp	3 q
HOUSAnywhere Real Estate Inc.	0.77%	1,542,151	$58M	trimmed−42%	−0.76 pp	4 q
unresolvedLinn Energy Llc-units	0.76%	1,790,667	$58M	trimmed−29%	−0.19 pp	5 q
unresolvedNewcastle Invt Corp	0.73%	11,593,579	$56M	trimmed−4%	−0.02 pp	5 q
NEWMUSA TODAY Co., Inc.	0.71%	3,818,754	$54M	trimmed−2%	−0.07 pp	2 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.70%	652,699	$53M	trimmed−52%	−0.78 pp	5 q
WYWeyerhaeuser Company	0.69%	1,572,545	$52M	trimmed−18%	−0.05 pp	3 q
unresolvedPennymac Finl Svcs Inc	0.66%	3,291,600	$50M	held	—	5 q
GULTUGulf Coast Ultra D/R	0.65%	16,885,215	$49M	new	+0.65 pp	new
QEPQep Resources, Inc.	0.65%	1,430,528	$49M	new	+0.65 pp	new
AGOAssured Guaranty, LTD	0.63%	1,932,813	$47M	trimmed−14%	−0.13 pp	3 q
COFCapital One Financial	0.54%	497,714	$41M	trimmed−69%	−1.12 pp	5 q
unresolvedCameron International Corp	0.47%	528,047	$36M	trimmed−65%	−0.77 pp	3 q
PRKSUnited Parks & Resorts Inc.	0.41%	1,087,400	$31M	new	+0.41 pp	new
NOVNOV Inc.	0.25%	229,000	$19M	added+25%	+0.06 pp	2 q
CTRACoterra Energy Inc.	0.24%	527,866	$18M	new	+0.24 pp	new
unresolvedAbengoa Yield PLC	0.20%	400,000	$15M	new	+0.20 pp	new
TCRDTHL Credit, Inc.	0.19%	1,004,953	$14M	added+8%	+0.02 pp	5 q
unresolvedConnectone Bancorp Inc	0.14%	545,000	$10M	new	+0.14 pp	new
unresolvedEllington Financial LLC	0.14%	447,000	$11M	added+20%	+0.02 pp	3 q
unresolvedLin Media LLC	0.14%	377,408	$10M	trimmed−65%	−0.24 pp	4 q
unresolvedResource Capital Corp	0.07%	1,000,000	$6M	held	—	5 q
RRCRange Resources Corp	0.06%	54,522	$5M	new	+0.06 pp	new
MITTTPG Mortgage Investment Trust, Inc.	0.05%	200,000	$4M	held	—	5 q
unresolvedCaesars Acquisition Co	0.05%	302,780	$4M	held	—	3 q
unresolvedResource America Inc Cl A	0.05%	388,240	$4M	trimmed−3%	0.00 pp	5 q
unresolvedSunedison Semiconductor Ltd	0.05%	201,600	$3M	new	+0.05 pp	new
ANETArista Networks	0.04%	50,000	$3M	new	+0.04 pp	new
QIWQiwi Plc-sponsored ADR	0.04%	70,000	$3M	new	+0.04 pp	new
PRTAProthena Corporation plc	0.03%	100,000	$2M	new	+0.03 pp	new
unresolvedApollo Invt Corp	0.02%	150,000	$1M	held	—	5 q
METMetLife, Inc.	0.02%	29,400	$2M	new	+0.02 pp	new
PBFXPbf Logistics LP	0.02%	50,000	$1M	new	+0.02 pp	new
ASPNAspen Aerogels, Inc.	0.01%	100,000	$1M	new	+0.01 pp	new
CQPCheniere Energy Partners, LP	0.01%	30,000	$991,000	new	+0.01 pp	new
unresolvedEnlink Midstream Partners LP	0.01%	23,100	$726,000	held	—	2 q
MOBLMobileIron, Inc.	0.01%	100,000	$952,000	new	+0.01 pp	new
unresolvedTwo Harbors Investment Corp	0.01%	100,000	$1M	held	—	5 q
TGPNSeapeak LLC	0.01%	20,000	$923,000	held	—	5 q
unresolvedKkr Financial Holdings LLC	—	−13,609,426	—	exited	−2.09 pp	—
DGDollar General Corp.	—	−1,670,100	—	exited	−1.23 pp	—
unresolvedThe Adt Corporation	—	−2,687,244	—	exited	−1.07 pp	—
SPWRQSunpower Corp	—	−1,396,729	—	exited	−0.60 pp	—
EXXIEnergy Xxi Ltd	—	−1,400,383	—	exited	−0.44 pp	—
unresolvedCobalt Intl Energy Inc	—	−1,390,263	—	exited	−0.34 pp	—
unresolvedCenter Bancorp Inc	—	−545,000	—	exited	−0.14 pp	—
unresolvedExpress Scripts Hldg Co	—	−141,300	—	exited	−0.14 pp	—
unresolvedPlatform Specialty Prods Cor	—	−266,666	—	exited	−0.07 pp	—
unresolvedSilver Bay Realty Trust Corp	—	−4,882	—	exited	0.00 pp	—

Source

Form: 13F-HR
Reading: 0 defects · 29 unresolved
Accession: 0001140361-14-032584
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet

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