Cooperman (Omega)

Q3 2015 13F · by Leon Cooperman, CEO

As of: Sep 30, 2015
Filed: Nov 16, 2015
US stock: $5.0B · prev $6.3B
Positions: 82 · prev 102
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%

Moves104 since the prior filing

+21.6 pp in · −21.6 pp out

New 13 +8.80 pp
Added 26 +12.80 pp
Trimmed 32 −7.42 pp
Exited 33 −14.23 pp

The book

Focused · behaves like 38 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 82% a year, about 1.2 years per position

Low
Moderate
High

Top 5 positions23% of US stock

unresolved Google Inc. added+4.38 pp added+4.386.2%
ACT Allergan PLC trimmed0.00 pp trimmed0.004.5%
AER Aercap Holdings N.V. trimmed+0.12 pp trimmed+0.124.3%
AIG American International Group, Inc. trimmed+0.51 pp trimmed+0.513.9%
unresolved Chimera Investment Corp trimmed+0.71 pp trimmed+0.713.8%

Positions82 in this filing · 33 exited


unresolvedGoogle Inc.	6.22%	482,749	$308M	added×2.3	+4.38 pp	2 q
ACTAllergan PLC	4.46%	811,635	$221M	trimmed−12%	0.00 pp	2 q
AERAercap Holdings N.V.	4.34%	5,624,965	$215M	trimmed−3%	+0.12 pp	5 q
AIGAmerican International Group, Inc.	3.86%	3,365,326	$191M	trimmed−1%	+0.51 pp	10 q
unresolvedChimera Investment Corp	3.80%	14,060,276	$188M	trimmed−0%	+0.71 pp	2 q
MSIMotorola Solutions, Inc. New	3.62%	2,622,376	$179M	trimmed−1%	+1.20 pp	10 q
unresolvedAshland Inc New	3.28%	1,612,187	$162M	added+49%	+1.17 pp	5 q
SIRISirius XM Holdings, Inc	3.17%	41,947,998	$157M	trimmed−12%	+0.34 pp	8 q
PFEPfizer Inc.	3.06%	4,830,595	$152M	new	+3.06 pp	new
CCitigroup Inc.	3.04%	3,031,850	$150M	trimmed−29%	−0.73 pp	10 q
UALUnited Airlines Holdings, Inc.	2.98%	2,785,428	$148M	trimmed−1%	+0.60 pp	8 q
unresolvedHrg Group Inc	2.93%	12,359,988	$145M	added+12%	+0.64 pp	3 q
unresolvedPriceline Grp Inc	2.87%	115,025	$142M	added+11%	+0.97 pp	2 q
TRCOTribune Media Company Class A	2.55%	3,552,117	$126M	added+45%	+0.46 pp	4 q
NAVINavient Corporation	2.42%	10,652,946	$120M	added+38%	+0.18 pp	6 q
unresolvedDow Chemical Co	2.34%	2,731,979	$116M	added+18%	+0.45 pp	3 q
DISHDISH Network Corp.	2.31%	1,960,515	$114M	trimmed−9%	−0.03 pp	10 q
unresolvedSpringleaf Holdings Inc	2.30%	2,607,700	$114M	trimmed−1%	+0.38 pp	2 q
ETRAE*trade Financial Corp	2.09%	3,921,351	$103M	trimmed−5%	+0.11 pp	10 q
HOUSAnywhere Real Estate Inc.	2.06%	2,709,590	$102M	added+85%	+0.97 pp	9 q
TRGPTarga Resources Corp.	2.03%	1,952,748	$101M	added+10%	−0.49 pp	3 q
METAMeta Platforms, Inc. Class A	1.92%	1,057,400	$95M	added+84%	+1.14 pp	2 q
RITMRithm Capital Corp.	1.90%	7,166,861	$94M	added+6%	+0.26 pp	4 q
unresolvedValeant Pharmaceuticals Intl	1.75%	484,915	$86M	new	+1.75 pp	new
WBAWalgreens Boots Alliance, Inc	1.66%	987,400	$82M	new	+1.66 pp	new
MGMMgm Resorts International	1.57%	4,217,490	$78M	added+23%	+0.57 pp	2 q
TWXTime Warner Inc	1.57%	1,127,300	$78M	trimmed−18%	−0.35 pp	4 q
EMNEastman Chemical Company	1.46%	1,116,810	$72M	trimmed−3%	−0.04 pp	10 q
JPMJPMorgan Chase & Co.	1.35%	1,099,900	$67M	trimmed−1%	+0.16 pp	10 q
LORLLoral Space and Communications, Inc.	1.27%	1,334,788	$63M	added+20%	+0.15 pp	10 q
GPORGulfport Energy Corporation	1.23%	2,049,126	$61M	added+16%	+0.10 pp	2 q
NEWMUSA TODAY Co., Inc.	1.21%	3,861,391	$60M	added+13%	+0.23 pp	7 q
SNRNew Senior Investment Group Inc.	1.20%	5,661,319	$59M	added+4%	+0.04 pp	4 q
unresolvedPennymac Finl Svcs Inc	1.04%	3,233,500	$52M	held	—	10 q
unresolvedFcb Finl Hldgs Inc	1.00%	1,516,559	$49M	trimmed−2%	+0.21 pp	4 q
DALDelta Air Lines, Inc.	0.89%	981,300	$44M	added×19.6	+0.86 pp	2 q
unresolvedComcast Corp. Spl Cl A	0.83%	717,510	$41M	trimmed−38%	−0.27 pp	9 q
unresolvedTerraform Global Inc	0.78%	6,013,155	$39M	new	+0.78 pp	new
SUNEQSunedison Inc	0.77%	5,325,959	$38M	trimmed−37%	−3.27 pp	8 q
unresolvedHilton Worldwide Hldgs Inc	0.76%	1,630,000	$37M	added×2.0	+0.41 pp	2 q
ASPSAltisource Portfolio Solutions S.A.	0.73%	1,515,253	$36M	trimmed−14%	−0.14 pp	10 q
unresolvedCigna Corporation	0.68%	250,000	$34M	new	+0.68 pp	new
unresolvedKkr & Co L P DEL	0.67%	1,979,710	$33M	trimmed−25%	−0.30 pp	6 q
unresolvedAbengoa Yield PLC	0.65%	1,947,780	$32M	added×2.4	+0.25 pp	2 q
LYBLyondellBasell Industries N.V. Class A	0.65%	388,022	$32M	trimmed−59%	−0.91 pp	10 q
unresolvedNordic Amern Offshore Ltd	0.63%	5,209,179	$31M	held	—	5 q
unresolvedTarga Resources Partners LP	0.62%	1,050,232	$30M	trimmed−55%	−0.81 pp	3 q
APCAnadarko Petroleum Corp	0.58%	475,449	$29M	trimmed−31%	−0.27 pp	7 q
PMTPennyMac Mortgage Investment Trust	0.58%	1,860,030	$29M	trimmed−28%	−0.14 pp	10 q
KMIKinder Morgan, Inc.	0.40%	713,121	$20M	trimmed−27%	−0.20 pp	10 q
AMZNAmazon.Com Inc	0.37%	35,800	$18M	new	+0.37 pp	new
unresolvedEllington Financial LLC	0.37%	1,025,000	$18M	added+17%	+0.11 pp	8 q
SUMSummit Materials, Inc. Class A	0.35%	933,900	$18M	added+56%	+0.11 pp	3 q
unresolvedAtlas Resource Partners LP	0.26%	4,603,897	$13M	trimmed−4%	−0.22 pp	10 q
unresolvedTransocean Partners LLC	0.22%	1,117,991	$11M	held	—	5 q
MLCOMelco Resorts & Entertainment Limited	0.21%	750,000	$10M	trimmed−72%	−0.62 pp	5 q
unresolvedShire PLC	0.19%	45,367	$9M	trimmed−91%	−1.72 pp	4 q
ATLSAtlas Energy Grp,llc Com Units Repstg Ltd (De)	0.18%	3,943,172	$9M	added+7%	−0.11 pp	3 q
unresolvedBlue Buffalo Pet Prods Inc	0.18%	500,000	$9M	new	+0.18 pp	new
OECOrion S.A.	0.18%	629,800	$9M	held	—	5 q
BSMBlack Stone Minerals, L.P.	0.14%	500,000	$7M	added+25%	+0.03 pp	2 q
GULTUGulf Coast Ultra D/R	0.14%	23,783,993	$7M	added+27%	−0.07 pp	6 q
MCRNMilacron Holdings Corp.	0.14%	400,000	$7M	held	—	2 q
SHLDSears Holdings Corp	0.14%	300,000	$7M	trimmed−81%	−0.53 pp	3 q
TCRDTHL Credit, Inc.	0.13%	601,965	$7M	trimmed−34%	−0.04 pp	10 q
unresolvedResource America Inc Cl A	0.10%	779,187	$5M	held	—	2 q
JCPJ.C. Penney Company, Inc.	0.09%	500,000	$5M	new	+0.09 pp	new
RUNSunrun Inc	0.09%	425,000	$4M	new	+0.09 pp	new
EVAEnviva Inc.	0.08%	300,000	$4M	held	—	2 q
MITTTPG Mortgage Investment Trust, Inc.	0.06%	200,000	$3M	held	—	10 q
PRTKParatek Pharmaceuticals, Inc.	0.05%	142,100	$3M	added+1%	−0.01 pp	2 q
FNFabrinet	0.05%	125,000	$2M	new	+0.05 pp	new
SPWHSportsman's Warehouse Holdings, Inc.	0.04%	150,000	$2M	new	+0.04 pp	new
OPLNOPENLANE, Inc	0.03%	47,000	$2M	trimmed−98%	−1.16 pp	8 q
unresolvedWCI Communities Inc.	0.03%	75,000	$2M	new	+0.03 pp	new
WLHWilliam Lyon Homes	0.02%	45,000	$927,000	new	+0.02 pp	new
unresolvedTwo Harbors Investment Corp	0.02%	100,000	$882,000	held	—	10 q
unresolvedGENER8 Maritime Inc	0.02%	100,000	$1M	trimmed−33%	−0.01 pp	2 q
ABRArbor Realty Trust, Inc.	0.01%	70,000	$445,000	held	—	4 q
unresolvedCarbylan Therapeutics Inc	0.01%	98,200	$351,000	trimmed−2%	0.00 pp	2 q
MVCMvc Capital Inc	0.01%	40,000	$328,000	added+18%	0.00 pp	3 q
TGPNSeapeak LLC	0.01%	20,000	$478,000	held	—	10 q
MCKMcKesson Corporation	—	−691,603	—	exited	−2.48 pp	—
unresolvedTwenty First Centy Fox Inc	—	−4,097,000	—	exited	−2.13 pp	—
GMGeneral Motors Company	—	−3,663,623	—	exited	−1.95 pp	—
QEPQep Resources, Inc.	—	−4,188,621	—	exited	−1.24 pp	—
EBAYeBay Inc	—	−875,000	—	exited	−0.84 pp	—
unresolvedAetna Inc New	—	−387,000	—	exited	−0.79 pp	—
GLPIGaming and Leisure Properties, Inc.	—	−1,354,806	—	exited	−0.79 pp	—
GRPNGroupon, Inc.	—	−6,090,775	—	exited	−0.49 pp	—
unresolvedPanera Bread Co	—	−158,000	—	exited	−0.44 pp	—
ASHRXtrackers Harvest CSI 300 China A-Shares ETF	—	−500,000	—	exited	−0.37 pp	—
FXIiShares China Large-Cap ETF	—	−502,000	—	exited	−0.37 pp	—
ITBiShares U.S. Home Construction ETF	—	−796,375	—	exited	−0.35 pp	—
PVHPVH Corp.	—	−125,000	—	exited	−0.23 pp	—
WPXWPX Energy, Inc.	—	−1,151,637	—	exited	−0.23 pp	—
DGDollar General Corp.	—	−155,000	—	exited	−0.19 pp	—
DLTRDollar Tree Inc.	—	−125,000	—	exited	−0.16 pp	—
LNGCheniere Energy Inc	—	−120,000	—	exited	−0.13 pp	—
unresolvedDynegy Inc	—	−274,748	—	exited	−0.13 pp	—
MCDMcDonald's Corporation	—	−75,000	—	exited	−0.11 pp	—
VSLRVivint Solar, Inc.	—	−500,000	—	exited	−0.10 pp	—
MTGMGIC Investment Corp.	—	−475,000	—	exited	−0.09 pp	—
unresolvedSanDisk Corp	—	−100,000	—	exited	−0.09 pp	—
unresolvedClubcorp Holdings Inc	—	−211,631	—	exited	−0.08 pp	—
unresolvedPlatform Specialty Prods Cor	—	−200,000	—	exited	−0.08 pp	—
unresolvedLa Quinta Hldgs Inc	—	−200,000	—	exited	−0.07 pp	—
unresolvedBluebird Bio Inc	—	−23,994	—	exited	−0.06 pp	—
unresolvedStarwood HOTELS&RESORTS Wrld	—	−50,000	—	exited	−0.06 pp	—
unresolvedTerraform Pwr Inc	—	−81,274	—	exited	−0.05 pp	—
GRBKGreen Brick Partners, Inc	—	−245,681	—	exited	−0.04 pp	—
unresolvedNeff Corp	—	−250,000	—	exited	−0.04 pp	—
METMetLife, Inc.	—	−34,400	—	exited	−0.03 pp	—
unresolvedPacific Datavision Inc	—	−30,000	—	exited	−0.02 pp	—
unresolvedAuris Medical Holding AG	—	−35,868	—	exited	0.00 pp	—