Cooperman (Omega)

Q1 2016 13F · by Leon Cooperman, CEO

As of: Mar 31, 2016
Filed: May 16, 2016
US stock: $3.8B · prev $4.6B
Positions: 70 · prev 65
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%

Moves88 since the prior filing

+18.6 pp in · −18.6 pp out

New 27 +12.19 pp
Added 12 +6.40 pp
Trimmed 27 −7.64 pp
Exited 22 −10.92 pp

The book

Focused · behaves like 33 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 67% a year, about 1.5 years per position

Low
Moderate
High

Top 5 positions25% of US stock

GOOGL Alphabet Inc. Class A trimmed−1.65 pp trimmed−1.655.6%
FDC First Data Corporation added+0.02 pp added+0.025.3%
AIG American International Group, Inc. trimmed−0.49 pp trimmed−0.495.0%
AER Aercap Holdings N.V. trimmed−0.24 pp trimmed−0.245.0%
NAVI Navient Corporation trimmed+0.69 pp trimmed+0.694.5%

Positions70 in this filing · 22 exited


GOOGLAlphabet Inc. Class A	5.61%	276,599	$211M	trimmed−35%	−1.65 pp	2 q
FDCFirst Data Corporation	5.31%	15,531,463	$200M	added+1%	+0.02 pp	2 q
AIGAmerican International Group, Inc.	5.05%	3,513,326	$190M	trimmed−14%	−0.49 pp	12 q
AERAercap Holdings N.V.	5.04%	4,894,172	$190M	trimmed−13%	−0.24 pp	7 q
NAVINavient Corporation	4.48%	14,081,117	$169M	trimmed−7%	+0.69 pp	8 q
TRCOTribune Media Company Class A	4.05%	3,970,628	$152M	added+8%	+1.33 pp	6 q
ACTAllergan PLC	4.00%	561,265	$150M	trimmed−28%	−1.33 pp	4 q
unresolvedHrg Group Inc	3.85%	10,388,646	$145M	trimmed−15%	+0.25 pp	5 q
unresolvedChimera Investment Corp	3.51%	9,708,754	$132M	trimmed−27%	−0.47 pp	4 q
unresolvedAshland Inc New	3.50%	1,197,621	$132M	trimmed−21%	+0.08 pp	7 q
UALUnited Airlines Holdings, Inc.	3.14%	1,974,628	$118M	trimmed−23%	−0.08 pp	10 q
unresolvedDow Chemical Co	2.98%	2,206,579	$112M	trimmed−16%	+0.03 pp	5 q
MSIMotorola Solutions, Inc. New	2.77%	1,375,505	$104M	trimmed−28%	−0.08 pp	12 q
MSFTMicrosoft Corp	2.58%	1,755,920	$97M	added×2.2	+1.60 pp	2 q
WBAWalgreens Boots Alliance, Inc	2.54%	1,134,500	$96M	added+3%	+0.50 pp	3 q
OMFOneMain Holdings, Inc.	2.30%	3,155,079	$87M	added+25%	+0.02 pp	2 q
SIRISirius XM Holdings, Inc	2.21%	21,082,935	$83M	trimmed−34%	−0.65 pp	10 q
TRGPTarga Resources Corp.	2.16%	2,716,393	$81M	added×2.2	+1.42 pp	5 q
HOUSAnywhere Real Estate Inc.	2.15%	2,235,450	$81M	trimmed−22%	−0.15 pp	11 q
RITMRithm Capital Corp.	2.02%	6,546,161	$76M	trimmed−11%	+0.08 pp	6 q
MGMMgm Resorts International	1.73%	3,034,490	$65M	trimmed−22%	−0.20 pp	4 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	1.71%	499,500	$64M	new	+1.71 pp	new
SYFSynchrony Financial	1.63%	2,136,700	$61M	added×2.3	+1.00 pp	2 q
ETRAE*trade Financial Corp	1.61%	2,471,408	$61M	trimmed−27%	−0.58 pp	12 q
EMNEastman Chemical Company	1.55%	805,835	$58M	trimmed−26%	−0.06 pp	12 q
NEWMUSA TODAY Co., Inc.	1.42%	3,202,441	$53M	trimmed−17%	−0.21 pp	9 q
METAMeta Platforms, Inc. Class A	1.39%	459,300	$52M	trimmed−53%	−0.86 pp	4 q
DISHDISH Network Corp.	1.36%	1,105,987	$51M	trimmed−39%	−0.89 pp	12 q
LORLLoral Space and Communications, Inc.	1.35%	1,448,277	$51M	trimmed−13%	−0.12 pp	12 q
PYPLPayPal Holdings, Inc.	1.33%	1,295,800	$50M	new	+1.33 pp	new
ASPSAltisource Portfolio Solutions S.A.	1.28%	1,991,703	$48M	added+20%	+0.27 pp	12 q
GILDGilead Sciences Inc	1.26%	516,989	$47M	new	+1.26 pp	new
SNRNew Senior Investment Group Inc.	1.24%	4,515,641	$47M	trimmed−30%	−0.14 pp	6 q
DALDelta Air Lines, Inc.	1.20%	927,400	$45M	trimmed−5%	+0.12 pp	4 q
unresolvedEnergy Transfer Prtnrs L P	1.17%	1,356,654	$44M	new	+1.17 pp	new
BALLBall Corporation	1.09%	576,700	$41M	new	+1.09 pp	new
XLPState Street Consumer Staples Select Sector SPDR ETF	0.80%	570,000	$30M	new	+0.80 pp	new
unresolvedPennymac Finl Svcs Inc	0.78%	2,494,697	$29M	trimmed−21%	−0.28 pp	12 q
GLPIGaming and Leisure Properties, Inc.	0.72%	900,000	$27M	new	+0.72 pp	new
AAPLApple Inc.	0.66%	227,000	$25M	new	+0.66 pp	new
unresolvedWilliams Partners L P New	0.65%	1,191,600	$24M	new	+0.65 pp	new
unresolvedFcb Finl Hldgs Inc	0.62%	696,307	$23M	trimmed−17%	−0.03 pp	6 q
unresolvedEllington Financial LLC	0.57%	1,225,000	$21M	added+5%	+0.14 pp	10 q
EAElectronic Arts Inc	0.55%	314,000	$21M	new	+0.55 pp	new
unresolvedIconix Brand Group Inc	0.32%	1,481,800	$12M	added0%	+0.10 pp	2 q
XLIState Street Industrial Select Sector SPDR ETF	0.29%	200,000	$11M	new	+0.29 pp	new
AZOAutoZone, Inc.	0.28%	13,000	$10M	new	+0.28 pp	new
unresolvedTranscanada Corp	0.23%	225,000	$9M	new	+0.23 pp	new
FNFFidelity National Financial, Inc.	0.22%	249,500	$8M	new	+0.22 pp	new
unresolvedSilver Wheaton (Nys)	0.22%	500,000	$8M	new	+0.22 pp	new
LOWLowe's Companies Inc.	0.19%	94,600	$7M	new	+0.19 pp	new
unresolvedNordic Amern Offshore Ltd	0.19%	1,600,000	$7M	trimmed−56%	−0.23 pp	7 q
PVHPVH Corp.	0.17%	63,700	$6M	new	+0.17 pp	new
GPORGulfport Energy Corporation	0.16%	208,900	$6M	trimmed−63%	−0.15 pp	4 q
unresolvedCoach Inc	0.13%	117,600	$5M	new	+0.13 pp	new
unresolvedResource America Inc Cl A	0.12%	779,187	$4M	held	—	4 q
FISFidelity National Information Services, Inc.	0.10%	57,378	$4M	new	+0.10 pp	new
unresolvedVwr Corp	0.10%	150,000	$4M	new	+0.10 pp	new
TSETrinseo SA	0.10%	99,900	$4M	new	+0.10 pp	new
SLCAU.s. Silica Holdings, Inc.	0.06%	100,000	$2M	new	+0.06 pp	new
ROLRollins, Inc.	0.05%	75,000	$2M	new	+0.05 pp	new
CIOCity Office REIT, Inc.	0.03%	100,000	$1M	new	+0.03 pp	new
MDCAMDC Partners Inc. Class A (new)	0.03%	49,573	$1M	new	+0.03 pp	new
PBFXPbf Logistics LP	0.03%	60,000	$1M	new	+0.03 pp	new
MVCMvc Capital Inc	0.02%	120,000	$895,000	added+20%	0.00 pp	5 q
unresolvedNorthstar Rlty Fin Corp	0.02%	50,000	$656,000	held	—	2 q
PMTPennyMac Mortgage Investment Trust	0.02%	50,000	$682,000	held	—	12 q
SPKESpark Energy, Inc. - Class A	0.02%	50,000	$900,000	new	+0.02 pp	new
ABRArbor Realty Trust, Inc.	0.01%	70,000	$474,000	held	—	6 q
TCRDTHL Credit, Inc.	0.01%	32,516	$352,000	added+8%	0.00 pp	12 q
CCitigroup Inc.	—	−2,981,750	—	exited	−3.37 pp	—
JPMJPMorgan Chase & Co.	—	−1,096,200	—	exited	−1.58 pp	—
EEMiShares MSCI Emerging Markets ETF	—	−1,500,000	—	exited	−1.05 pp	—
PFEPfizer Inc.	—	−1,295,600	—	exited	−0.91 pp	—
unresolvedTerraform Global Inc	—	−6,013,155	—	exited	−0.73 pp	—
AMZNAmazon.Com Inc	—	−35,600	—	exited	−0.53 pp	—
unresolvedHilton Worldwide Hldgs Inc	—	−980,100	—	exited	−0.46 pp	—
SUMSummit Materials, Inc. Class A	—	−1,007,688	—	exited	−0.44 pp	—
unresolvedAetna Inc New	—	−160,000	—	exited	−0.38 pp	—
APCAnadarko Petroleum Corp	—	−272,057	—	exited	−0.29 pp	—
unresolvedTransocean Partners LLC	—	−1,103,191	—	exited	−0.21 pp	—
unresolvedTarga Resources Partners LP	—	−527,061	—	exited	−0.19 pp	—
unresolvedKkr & Co L P DEL	—	−478,069	—	exited	−0.16 pp	—
TWXTime Warner Inc	—	−109,200	—	exited	−0.15 pp	—
OECOrion S.A.	—	−553,750	—	exited	−0.15 pp	—
EVAEnviva Inc.	—	−215,000	—	exited	−0.09 pp	—
ATLSAtlas Energy Grp,llc Com Units Repstg Ltd (De)	—	−3,943,172	—	exited	−0.08 pp	—
unresolvedHC2 Holdings Inc	—	−500,000	—	exited	−0.06 pp	—
PRTKParatek Pharmaceuticals, Inc.	—	−118,600	—	exited	−0.05 pp	—
GULTUGulf Coast Ultra D/R	—	−5,000,000	—	exited	−0.02 pp	—
unresolvedCarbylan Therapeutics Inc	—	−97,600	—	exited	−0.01 pp	—
TGPNSeapeak LLC	—	−20,000	—	exited	−0.01 pp	—

Source

Form: 13F-HR
Reading: 0 defects · 17 unresolved
Accession: 0001140361-16-065343
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet

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