Cooperman (Omega)

Q3 2014 13F · by Leon Cooperman, CEO

As of: Sep 30, 2014
Filed: Nov 14, 2014
US stock: $6.8B · prev $7.6B
Positions: 92 · prev 88
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%

Moves100 since the prior filing

+13.1 pp in · −12.9 pp out

New 22 +8.91 pp
Added 15 +4.14 pp
Trimmed 45 −5.53 pp
Exited 18 −7.40 pp

The book

Diversified · behaves like 50 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 50% a year, about 2.0 years per position

Low
Moderate
High

Top 5 positions17% of US stock

AIG American International Group, Inc. trimmed+0.25 pp trimmed+0.254.2%
C Citigroup Inc. trimmed+0.63 pp trimmed+0.633.9%
SIRI Sirius XM Holdings, Inc trimmed−0.79 pp trimmed−0.793.0%
unresolved Chimera Investment Corp trimmed+0.13 pp trimmed+0.132.9%
unresolved Sandridge Energy Inc trimmed−1.55 pp trimmed−1.552.9%

Positions92 in this filing · 18 exited


AIGAmerican International Group, Inc.	4.17%	5,247,100	$283M	trimmed−4%	+0.25 pp	6 q
CCitigroup Inc.	3.94%	5,160,550	$267M	trimmed−3%	+0.63 pp	6 q
SIRISirius XM Holdings, Inc	2.96%	57,645,094	$201M	trimmed−30%	−0.79 pp	4 q
unresolvedChimera Investment Corp	2.89%	64,530,856	$196M	trimmed−2%	+0.13 pp	6 q
unresolvedSandridge Energy Inc	2.87%	45,477,334	$195M	trimmed−3%	−1.55 pp	6 q
DISHDISH Network Corp.	2.82%	2,971,579	$192M	trimmed−7%	+0.09 pp	6 q
unresolvedAtlas Energy LP	2.65%	4,086,140	$180M	trimmed−0%	+0.22 pp	6 q
EBAYeBay Inc	2.63%	3,154,300	$179M	trimmed−1%	+0.52 pp	4 q
NAVINavient Corporation	2.56%	9,834,251	$174M	trimmed−3%	+0.19 pp	2 q
HCAHCA Healthcare, Inc.	2.53%	2,441,700	$172M	trimmed−4%	+0.64 pp	5 q
unresolvedActavis PLC	2.51%	706,472	$170M	added+14%	+0.68 pp	3 q
MSIMotorola Solutions, Inc. New	2.31%	2,477,576	$157M	trimmed−16%	−0.27 pp	6 q
ETRAE*trade Financial Corp	2.29%	6,878,504	$155M	trimmed−1%	+0.35 pp	6 q
AERAercap Holdings N.V.	2.25%	3,732,783	$153M	new	+2.25 pp	new
SUNEQSunedison Inc	2.17%	7,796,571	$147M	added+6%	−0.02 pp	4 q
unresolvedHarbinger Group Inc	2.15%	11,126,857	$146M	trimmed−8%	+0.12 pp	6 q
GLPIGaming and Leisure Properties, Inc.	2.13%	4,684,180	$145M	added0%	+0.04 pp	4 q
unresolvedSprint Corporation	1.92%	20,525,517	$130M	trimmed−48%	−2.56 pp	5 q
EMNEastman Chemical Company	1.90%	1,593,835	$129M	trimmed−1%	+0.04 pp	6 q
ASPSAltisource Portfolio Solutions S.A.	1.90%	1,281,137	$129M	added+4%	+0.04 pp	6 q
MCKMcKesson Corporation	1.87%	652,175	$127M	trimmed−3%	+0.22 pp	6 q
HALHalliburton Company	1.81%	1,907,199	$123M	trimmed−14%	−0.27 pp	6 q
UALUnited Airlines Holdings, Inc.	1.81%	2,626,874	$123M	added+51%	+0.87 pp	4 q
unresolvedAtlas Pipeline Partners LP	1.80%	3,347,592	$122M	trimmed−1%	+0.27 pp	6 q
AAPLApple Inc.	1.77%	1,191,790	$120M	trimmed−6%	+0.22 pp	2 q
QEPQep Resources, Inc.	1.76%	3,889,830	$120M	added×2.7	+1.11 pp	2 q
unresolvedComcast Corp. Spl Cl A	1.66%	2,109,272	$113M	trimmed−3%	+0.12 pp	5 q
unresolvedKkr & Co L P DEL	1.61%	4,901,622	$109M	trimmed−4%	−0.02 pp	2 q
JPMJPMorgan Chase & Co.	1.60%	1,801,800	$109M	trimmed−4%	+0.18 pp	6 q
TMOThermo Fisher Scientific, Inc.	1.55%	864,000	$105M	trimmed−4%	+0.15 pp	6 q
unresolvedAtlas Resource Partners LP	1.54%	5,377,995	$105M	trimmed−1%	+0.09 pp	6 q
LYBLyondellBasell Industries N.V. Class A	1.48%	926,933	$101M	trimmed−9%	+0.16 pp	6 q
PVHPVH Corp.	1.34%	751,301	$91M	trimmed−1%	+0.17 pp	6 q
unresolvedNordic Amern Offshore Ltd	1.33%	5,109,179	$90M	new	+1.33 pp	new
CZRCaesars Entertainment, Inc.	1.29%	6,991,033	$88M	held	—	6 q
SLMSLM Corporation	1.29%	10,228,796	$88M	trimmed−0%	+0.16 pp	6 q
WPXWPX Energy, Inc.	1.27%	3,598,261	$87M	trimmed−4%	+0.09 pp	6 q
OPLNOPENLANE, Inc	1.25%	2,957,661	$85M	added+59%	+0.47 pp	4 q
unresolvedXl Group PLC	1.15%	2,361,492	$78M	trimmed−2%	+0.11 pp	6 q
unresolvedTime Warner Cable Inc	1.11%	527,200	$76M	trimmed−2%	+0.06 pp	3 q
MLCOMelco Resorts & Entertainment Limited	1.02%	2,631,362	$69M	new	+1.02 pp	new
LORLLoral Space and Communications, Inc.	1.00%	945,723	$68M	added+12%	+0.19 pp	6 q
unresolvedNew Residential Invt Corp	1.00%	11,607,963	$68M	added+3%	+0.06 pp	6 q
NEWMUSA TODAY Co., Inc.	0.93%	3,818,754	$64M	held	—	3 q
PMTPennyMac Mortgage Investment Trust	0.90%	2,861,801	$61M	added0%	+0.07 pp	6 q
GRPNGroupon, Inc.	0.86%	8,788,474	$59M	new	+0.86 pp	new
DNRDenbury Resources, Inc.	0.84%	3,787,907	$57M	trimmed−37%	−0.63 pp	6 q
CTRACoterra Energy Inc.	0.83%	1,732,728	$57M	added×3.3	+0.59 pp	2 q
HOUSAnywhere Real Estate Inc.	0.82%	1,498,262	$56M	trimmed−3%	+0.05 pp	5 q
APCAnadarko Petroleum Corp	0.79%	527,649	$54M	trimmed−5%	−0.01 pp	3 q
unresolvedLinn Energy Llc-units	0.79%	1,781,267	$54M	trimmed−1%	+0.03 pp	6 q
unresolvedNewcastle Invt Corp New	0.77%	4,151,618	$53M	new	+0.77 pp	new
unresolvedPennymac Finl Svcs Inc	0.71%	3,291,600	$48M	held	—	6 q
ICEIntercontinental Exchange Inc.	0.67%	234,804	$46M	trimmed−56%	−0.66 pp	4 q
KMIKinder Morgan, Inc.	0.65%	1,145,229	$44M	trimmed−65%	−0.93 pp	6 q
unresolvedAshland Inc New	0.55%	360,087	$37M	new	+0.55 pp	new
BABAAlibaba Group Holding Limited	0.54%	410,000	$36M	new	+0.54 pp	new
GULTUGulf Coast Ultra D/R	0.50%	16,909,015	$34M	added0%	−0.15 pp	2 q
AGOAssured Guaranty, LTD	0.49%	1,488,452	$33M	trimmed−23%	−0.14 pp	4 q
RIGTransocean LTD.	0.47%	1,000,000	$32M	trimmed−51%	−0.75 pp	6 q
unresolvedSupervalu Inc	0.37%	2,836,558	$25M	trimmed−64%	−0.48 pp	6 q
unresolvedTransocean Partners LLC	0.36%	944,900	$25M	new	+0.36 pp	new
unresolvedEllington Financial LLC	0.31%	952,000	$21M	added×2.1	+0.17 pp	4 q
VISNVistance Networks, Inc.	0.29%	829,241	$20M	new	+0.29 pp	new
unresolvedTerraform Pwr Inc	0.25%	600,000	$17M	new	+0.25 pp	new
TCRDTHL Credit, Inc.	0.19%	1,004,953	$13M	held	—	6 q
OECOrion S.A.	0.16%	634,700	$11M	new	+0.16 pp	new
unresolvedLin Media LLC	0.12%	377,408	$8M	held	—	5 q
IWMiShares Russell 2000 ETF	0.11%	66,950	$7M	new	+0.11 pp	new
AVBAvalonBay Communities, Inc.	0.10%	50,000	$7M	new	+0.10 pp	new
BKDBrookdale Senior Living, Inc.	0.08%	175,000	$6M	new	+0.08 pp	new
unresolvedEclipse Res Corp	0.07%	300,000	$5M	new	+0.07 pp	new
WYWeyerhaeuser Company	0.07%	139,500	$4M	trimmed−91%	−0.62 pp	4 q
unresolvedCameron International Corp	0.06%	63,400	$4M	trimmed−88%	−0.41 pp	4 q
unresolvedResource Capital Corp	0.06%	800,000	$4M	trimmed−20%	−0.01 pp	6 q
MITTTPG Mortgage Investment Trust, Inc.	0.05%	200,000	$4M	held	—	6 q
QIWQiwi Plc-sponsored ADR	0.05%	100,000	$3M	added+43%	+0.01 pp	2 q
unresolvedCaesars Acquisition Co	0.04%	302,780	$3M	held	—	4 q
CCSCentury Communities, Inc.	0.04%	146,198	$3M	new	+0.04 pp	new
unresolvedMobileye Nv	0.04%	50,000	$3M	new	+0.04 pp	new
METMetLife, Inc.	0.03%	36,000	$2M	added+22%	+0.01 pp	2 q
PRTAProthena Corporation plc	0.03%	80,000	$2M	trimmed−20%	0.00 pp	2 q
unresolvedAvanir Pharmaceuticals Inc	0.02%	100,000	$1M	new	+0.02 pp	new
unresolvedBluebird Bio Inc	0.02%	38,600	$1M	new	+0.02 pp	new
unresolvedDelia's Inc New	0.02%	4,259,520	$1M	new	+0.02 pp	new
PEParsley Energy Inc	0.02%	50,000	$1M	new	+0.02 pp	new
ASPNAspen Aerogels, Inc.	0.01%	77,300	$779,000	trimmed−23%	0.00 pp	2 q
unresolvedEnlink Midstream Partners LP	0.01%	23,100	$703,000	held	—	3 q
unresolvedIndependence Contract Drilling	0.01%	36,096	$424,000	new	+0.01 pp	new
unresolvedTwo Harbors Investment Corp	0.01%	100,000	$967,000	held	—	6 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.01%	11,400	$983,000	trimmed−98%	−0.69 pp	6 q
TGPNSeapeak LLC	0.01%	20,000	$871,000	held	—	6 q
QCOMQualcomm Inc	—	−1,271,135	—	exited	−1.33 pp	—
OCNOnity Group Inc.	—	−2,584,007	—	exited	−1.27 pp	—
FCXFreeport-McMoran Inc.	—	−2,420,600	—	exited	−1.17 pp	—
BSXBoston Scientific Corp.	—	−6,549,479	—	exited	−1.10 pp	—
unresolvedNewcastle Invt Corp	—	−11,593,579	—	exited	−0.73 pp	—
COFCapital One Financial	—	−497,714	—	exited	−0.54 pp	—
PRKSUnited Parks & Resorts Inc.	—	−1,087,400	—	exited	−0.41 pp	—
NOVNOV Inc.	—	−229,000	—	exited	−0.25 pp	—
unresolvedAbengoa Yield PLC	—	−400,000	—	exited	−0.20 pp	—
unresolvedConnectone Bancorp Inc	—	−545,000	—	exited	−0.14 pp	—
RRCRange Resources Corp	—	−54,522	—	exited	−0.06 pp	—
unresolvedResource America Inc Cl A	—	−388,240	—	exited	−0.05 pp	—
unresolvedSunedison Semiconductor Ltd	—	−201,600	—	exited	−0.05 pp	—
ANETArista Networks	—	−50,000	—	exited	−0.04 pp	—
unresolvedApollo Invt Corp	—	−150,000	—	exited	−0.02 pp	—
PBFXPbf Logistics LP	—	−50,000	—	exited	−0.02 pp	—
CQPCheniere Energy Partners, LP	—	−30,000	—	exited	−0.01 pp	—
MOBLMobileIron, Inc.	—	−100,000	—	exited	−0.01 pp	—