Cooperman (Omega)

Q2 2016 13F · by Leon Cooperman, CEO

As of: Jun 30, 2016
Filed: Aug 15, 2016
US stock: $3.5B · prev $3.8B
Positions: 78 · prev 70
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%

Moves87 since the prior filing

+12.5 pp in · −12.6 pp out

New 25 +7.52 pp
Added 16 +4.98 pp
Trimmed 29 −5.50 pp
Exited 17 −7.10 pp

The book

Focused · behaves like 36 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 55% a year, about 1.8 years per position

Low
Moderate
High

Top 5 positions24% of US stock

GOOGL Alphabet Inc. Class A trimmed−0.37 pp trimmed−0.375.2%
FDC First Data Corporation added−0.40 pp added−0.404.9%
NAVI Navient Corporation trimmed+0.19 pp trimmed+0.194.7%
AER Aercap Holdings N.V. trimmed−0.64 pp trimmed−0.644.4%
ACT Allergan PLC added+0.39 pp added+0.394.4%

Positions78 in this filing · 17 exited


GOOGLAlphabet Inc. Class A	5.24%	262,869	$185M	trimmed−5%	−0.37 pp	3 q
FDCFirst Data Corporation	4.91%	15,653,263	$173M	added+1%	−0.40 pp	3 q
NAVINavient Corporation	4.67%	13,804,067	$165M	trimmed−2%	+0.19 pp	9 q
AERAercap Holdings N.V.	4.40%	4,622,672	$155M	trimmed−6%	−0.64 pp	8 q
ACTAllergan PLC	4.39%	671,212	$155M	added+20%	+0.39 pp	5 q
AIGAmerican International Group, Inc.	4.34%	2,895,538	$153M	trimmed−18%	−0.71 pp	13 q
TRCOTribune Media Company Class A	4.16%	3,744,747	$147M	trimmed−6%	+0.11 pp	7 q
unresolvedHrg Group Inc	4.01%	10,303,546	$141M	trimmed−1%	+0.16 pp	6 q
WBAWalgreens Boots Alliance, Inc	2.88%	1,222,900	$102M	added+8%	+0.34 pp	4 q
unresolvedDow Chemical Co	2.80%	1,985,500	$99M	trimmed−10%	−0.18 pp	6 q
UALUnited Airlines Holdings, Inc.	2.75%	2,366,474	$97M	added+20%	−0.39 pp	11 q
unresolvedAshland Inc New	2.68%	824,474	$95M	trimmed−31%	−0.82 pp	8 q
unresolvedChimera Investment Corp	2.49%	5,596,438	$88M	trimmed−42%	−1.02 pp	5 q
MSIMotorola Solutions, Inc. New	2.36%	1,260,890	$83M	trimmed−8%	−0.41 pp	13 q
MSFTMicrosoft Corp	2.22%	1,532,820	$78M	trimmed−13%	−0.36 pp	3 q
ETRAE*trade Financial Corp	2.10%	3,154,341	$74M	added+28%	+0.49 pp	13 q
RITMRithm Capital Corp.	2.10%	5,348,544	$74M	trimmed−18%	+0.08 pp	7 q
OMFOneMain Holdings, Inc.	2.08%	3,220,063	$73M	added+2%	−0.22 pp	3 q
PVHPVH Corp.	2.07%	774,000	$73M	added×12.2	+1.90 pp	2 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	1.98%	493,800	$70M	trimmed−1%	+0.27 pp	2 q
MGMMgm Resorts International	1.88%	2,929,590	$66M	trimmed−3%	+0.15 pp	5 q
LORLLoral Space and Communications, Inc.	1.73%	1,735,387	$61M	added+20%	+0.38 pp	13 q
ASPSAltisource Portfolio Solutions S.A.	1.66%	2,110,025	$59M	added+6%	+0.38 pp	13 q
DISHDISH Network Corp.	1.62%	1,093,687	$57M	trimmed−1%	+0.26 pp	13 q
NEWMUSA TODAY Co., Inc.	1.62%	3,172,602	$57M	trimmed−1%	+0.20 pp	10 q
SYFSynchrony Financial	1.57%	2,189,467	$55M	added+2%	−0.06 pp	3 q
EMNEastman Chemical Company	1.53%	797,098	$54M	trimmed−1%	−0.02 pp	13 q
unresolvedEnergy Transfer Prtnrs L P	1.46%	1,354,254	$52M	trimmed−0%	+0.29 pp	2 q
TRGPTarga Resources Corp.	1.34%	1,123,000	$47M	trimmed−59%	−0.82 pp	6 q
PYPLPayPal Holdings, Inc.	1.33%	1,281,300	$47M	trimmed−1%	0.00 pp	2 q
BALLBall Corporation	1.32%	644,000	$47M	added+12%	+0.23 pp	2 q
SNRNew Senior Investment Group Inc.	1.29%	4,263,462	$46M	trimmed−6%	+0.05 pp	7 q
DALDelta Air Lines, Inc.	1.20%	1,159,000	$42M	added+25%	0.00 pp	5 q
EAElectronic Arts Inc	1.12%	521,300	$39M	added+66%	+0.57 pp	2 q
unresolvedShire PLC	1.06%	204,100	$38M	new	+1.06 pp	new
unresolvedArris Intl Inc	1.06%	1,793,312	$38M	new	+1.06 pp	new
METAMeta Platforms, Inc. Class A	1.04%	322,400	$37M	trimmed−30%	−0.35 pp	5 q
CCitigroup Inc.	0.99%	828,318	$35M	new	+0.99 pp	new
unresolvedWilliams Partners L P New	0.99%	1,013,900	$35M	trimmed−15%	+0.34 pp	2 q
FNFFidelity National Financial, Inc.	0.98%	918,932	$34M	added×3.7	+0.76 pp	2 q
NFLXNetFlix Inc	0.97%	372,500	$34M	new	+0.97 pp	new
unresolvedPennymac Finl Svcs Inc	0.87%	2,472,697	$31M	trimmed−1%	+0.09 pp	13 q
unresolvedSilver Wheaton (Nys)	0.79%	1,178,000	$28M	added×2.4	+0.57 pp	2 q
unresolvedEllington Financial LLC	0.59%	1,225,000	$21M	held	—	11 q
unresolvedFcb Finl Hldgs Inc	0.51%	525,061	$18M	trimmed−25%	−0.11 pp	7 q
EPDEnterprise Products Partners L.P.	0.48%	581,000	$17M	new	+0.48 pp	new
NBRNabors Industries Ltd.	0.42%	1,489,084	$15M	new	+0.42 pp	new
TJXTJX Companies, Inc. (The)	0.38%	175,000	$14M	new	+0.38 pp	new
BERYBerry Global Group, Inc.	0.32%	295,000	$11M	new	+0.32 pp	new
unresolvedCanadian Pac Ry Ltd	0.32%	87,500	$11M	new	+0.32 pp	new
AZOAutoZone, Inc.	0.29%	12,800	$10M	trimmed−2%	+0.01 pp	2 q
HOUSAnywhere Real Estate Inc.	0.25%	302,100	$9M	trimmed−86%	−1.90 pp	12 q
AMGAffiliated Managers Group	0.21%	52,500	$7M	new	+0.21 pp	new
ARAntero Resources Corporation	0.21%	280,800	$7M	new	+0.21 pp	new
LOWLowe's Companies Inc.	0.21%	93,300	$7M	trimmed−1%	+0.02 pp	2 q
unresolvedNordic Amern Offshore Ltd	0.21%	1,600,000	$8M	held	—	8 q
GPORGulfport Energy Corporation	0.18%	208,900	$7M	held	—	5 q
SW5Southwestern Energy Co	0.18%	500,000	$6M	new	+0.18 pp	new
unresolvedCoach Inc	0.17%	150,000	$6M	added+28%	+0.04 pp	2 q
USFDUS Foods Holding Corp.	0.17%	250,000	$6M	new	+0.17 pp	new
unresolvedTerraform Pwr Inc	0.12%	378,845	$4M	new	+0.12 pp	new
HOLXHologic Inc	0.10%	100,000	$3M	new	+0.10 pp	new
PXDPioneer Natural Resource Co.	0.09%	20,000	$3M	new	+0.09 pp	new
PFGCPerformance Food Group Company	0.08%	100,000	$3M	new	+0.08 pp	new
unresolvedBlue Buffalo Pet Prods Inc	0.07%	100,000	$2M	new	+0.07 pp	new
unresolvedConsol Energy Inc	0.07%	150,000	$2M	new	+0.07 pp	new
unresolvedLandcadia Holdings Inc	0.06%	200,000	$2M	new	+0.06 pp	new
unresolvedEclipse Res Corp	0.05%	500,000	$2M	new	+0.05 pp	new
HCRSQHi-crush Inc	0.04%	100,000	$1M	new	+0.04 pp	new
TTITETRA Technologies, Inc.	0.04%	200,000	$1M	new	+0.04 pp	new
MVCMvc Capital Inc	0.03%	120,000	$965,000	held	—	6 q
MDCAMDC Partners Inc. Class A (new)	0.02%	45,000	$823,000	trimmed−9%	−0.01 pp	2 q
unresolvedNorthstar Rlty Fin Corp	0.02%	50,000	$572,000	held	—	3 q
PRTKParatek Pharmaceuticals, Inc.	0.02%	50,000	$696,000	new	+0.02 pp	new
PMTPennyMac Mortgage Investment Trust	0.02%	50,000	$812,000	held	—	13 q
ABRArbor Realty Trust, Inc.	0.01%	70,000	$503,000	held	—	7 q
unresolvedManitowoc Inc	0.01%	50,000	$273,000	new	+0.01 pp	new
TCRDTHL Credit, Inc.	0.01%	32,516	$362,000	held	—	13 q
SIRISirius XM Holdings, Inc	—	−21,082,935	—	exited	−2.21 pp	—
GILDGilead Sciences Inc	—	−516,989	—	exited	−1.26 pp	—
XLPState Street Consumer Staples Select Sector SPDR ETF	—	−570,000	—	exited	−0.80 pp	—
GLPIGaming and Leisure Properties, Inc.	—	−900,000	—	exited	−0.72 pp	—
AAPLApple Inc.	—	−227,000	—	exited	−0.66 pp	—
unresolvedIconix Brand Group Inc	—	−1,481,800	—	exited	−0.32 pp	—
XLIState Street Industrial Select Sector SPDR ETF	—	−200,000	—	exited	−0.29 pp	—
unresolvedTranscanada Corp	—	−225,000	—	exited	−0.23 pp	—
unresolvedResource America Inc Cl A	—	−779,187	—	exited	−0.12 pp	—
FISFidelity National Information Services, Inc.	—	−57,378	—	exited	−0.10 pp	—
unresolvedVwr Corp	—	−150,000	—	exited	−0.10 pp	—
TSETrinseo SA	—	−99,900	—	exited	−0.10 pp	—
SLCAU.s. Silica Holdings, Inc.	—	−100,000	—	exited	−0.06 pp	—
ROLRollins, Inc.	—	−75,000	—	exited	−0.05 pp	—
CIOCity Office REIT, Inc.	—	−100,000	—	exited	−0.03 pp	—
PBFXPbf Logistics LP	—	−60,000	—	exited	−0.03 pp	—
SPKESpark Energy, Inc. - Class A	—	−50,000	—	exited	−0.02 pp	—

Source

Form: 13F-HR
Reading: 0 defects · 22 unresolved
Accession: 0001140361-16-076324
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet

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