Cooperman (Omega)

Q1 2017 13F · by Leon Cooperman, CEO

As of: Mar 31, 2017
Filed: May 15, 2017
US stock: $2.5B · prev $2.3B
Positions: 84 · prev 71
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

+19.2 pp in · −18.5 pp out

New 31 +14.53 pp
Added 20 +4.68 pp
Trimmed 19 −12.63 pp
Exited 18 −5.85 pp

The book

Focused · behaves like 40 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 70% a year, about 1.4 years per position

Low
Moderate
High

Top 5 positions23% of US stock

GOOGL Alphabet Inc. Class A added+0.55 pp added+0.555.4%
FDC First Data Corporation trimmed−0.30 pp trimmed−0.305.1%
UAL United Airlines Holdings, Inc. trimmed−0.93 pp trimmed−0.934.7%
AER Aercap Holdings N.V. trimmed−0.20 pp trimmed−0.204.0%
AIG American International Group, Inc. added−0.46 pp added−0.463.6%

Positions84 in this filing · 18 exited


GOOGLAlphabet Inc. Class A	5.42%	158,835	$135M	added+14%	+0.55 pp	6 q
FDCFirst Data Corporation	5.06%	8,110,013	$126M	trimmed−5%	−0.30 pp	6 q
UALUnited Airlines Holdings, Inc.	4.72%	1,658,302	$117M	trimmed−6%	−0.93 pp	14 q
AERAercap Holdings N.V.	3.96%	2,140,435	$98M	trimmed−6%	−0.20 pp	11 q
AIGAmerican International Group, Inc.	3.60%	1,431,240	$89M	added+2%	−0.46 pp	16 q
unresolvedDow Chemical Co	3.49%	1,363,100	$87M	held	—	9 q
unresolvedShire PLC	3.42%	487,307	$85M	added+9%	+0.06 pp	4 q
TIMETime Inc	3.40%	4,362,604	$84M	added+12%	+0.34 pp	3 q
ACTAllergan PLC	2.84%	295,188	$71M	trimmed−19%	−0.53 pp	8 q
DISHDISH Network Corp.	2.82%	1,102,141	$70M	added+52%	+0.96 pp	16 q
WBAWalgreens Boots Alliance, Inc	2.76%	826,103	$69M	trimmed−12%	−0.65 pp	7 q
ASHAshland Inc.	2.70%	541,509	$67M	held	—	3 q
ASPSAltisource Portfolio Solutions S.A.	2.44%	1,644,065	$61M	trimmed−9%	+0.32 pp	16 q
HESHess Corporation	2.26%	1,164,400	$56M	added+24%	−0.31 pp	3 q
FNFFidelity National Financial, Inc.	2.12%	1,349,332	$53M	held	—	5 q
unresolvedEnergy Transfer Prtnrs L P	2.02%	1,373,361	$50M	added+64%	+0.70 pp	5 q
AMCXAMC Global Media Inc. Class A	1.97%	832,485	$49M	new	+1.97 pp	new
MGMMgm Resorts International	1.96%	1,776,190	$49M	added+13%	−0.04 pp	8 q
unresolvedHrg Group Inc	1.94%	2,498,027	$48M	trimmed−65%	−2.93 pp	9 q
LORLLoral Space and Communications, Inc.	1.92%	1,211,938	$48M	held	—	16 q
BALLBall Corporation	1.89%	632,200	$47M	trimmed−4%	−0.29 pp	5 q
TPHTri Pointe Homes, Inc.	1.85%	3,655,000	$46M	new	+1.85 pp	new
unresolvedArris Intl Inc	1.79%	1,677,032	$44M	added+21%	−0.05 pp	4 q
unresolvedDell Technologies Inc	1.68%	650,000	$42M	added+46%	+0.60 pp	3 q
PVHPVH Corp.	1.65%	395,338	$41M	trimmed−38%	−0.89 pp	5 q
NAVINavient Corporation	1.63%	2,743,047	$40M	trimmed−27%	−1.09 pp	12 q
PYPLPayPal Holdings, Inc.	1.55%	892,900	$38M	held	—	5 q
NEWMUSA TODAY Co., Inc.	1.53%	2,677,051	$38M	held	—	13 q
EMNEastman Chemical Company	1.51%	464,813	$38M	added+8%	+0.09 pp	16 q
METAMeta Platforms, Inc. Class A	1.50%	262,900	$37M	added×3.8	+1.15 pp	8 q
SYFSynchrony Financial	1.30%	937,967	$32M	held	—	6 q
unresolvedKeane Group Inc	1.26%	2,188,311	$31M	new	+1.26 pp	new
unresolvedWilliams Partners L P New	1.23%	749,000	$31M	added+4%	+0.02 pp	5 q
MSFTMicrosoft Corp	1.16%	436,570	$29M	trimmed−46%	−1.04 pp	6 q
unresolvedPennymac Finl Svcs Inc	1.11%	1,619,916	$28M	held	—	16 q
WPXWPX Energy, Inc.	1.11%	2,052,272	$27M	new	+1.11 pp	new
HUMHumana Inc.	1.04%	125,000	$26M	new	+1.04 pp	new
OMFOneMain Holdings, Inc.	0.94%	944,057	$23M	added+10%	+0.10 pp	6 q
unresolvedPandora Media Inc	0.91%	1,913,360	$23M	trimmed−36%	−0.82 pp	3 q
RITMRithm Capital Corp.	0.87%	1,271,727	$22M	added+70%	+0.35 pp	10 q
unresolvedEllington Financial LLC	0.81%	1,266,595	$20M	added+1%	−0.04 pp	14 q
ZNGAZynga Inc. Cl A	0.81%	7,067,100	$20M	added×7.1	+0.70 pp	2 q
AMZNAmazon.Com Inc	0.69%	19,400	$17M	trimmed−3%	+0.03 pp	2 q
BERYBerry Global Group, Inc.	0.68%	349,765	$17M	trimmed−18%	−0.24 pp	4 q
ALLYAlly Financial Inc.	0.65%	790,000	$16M	new	+0.65 pp	new
unresolvedGigamon Inc	0.52%	360,048	$13M	new	+0.52 pp	new
XOPState Street SPDR S&P Oil & Gas Exploration & Production ETF	0.51%	340,000	$13M	new	+0.51 pp	new
LOWLowe's Companies Inc.	0.50%	150,000	$12M	new	+0.50 pp	new
unresolvedAmerican Intl Group Inc	0.46%	530,437	$11M	new	+0.46 pp	new
NFLXNetFlix Inc	0.46%	77,700	$11M	new	+0.46 pp	new
WOOFoot Locker Inc	0.45%	150,000	$11M	new	+0.45 pp	new
unresolvedIberiabank Corp	0.45%	140,000	$11M	new	+0.45 pp	new
HCRSQHi-crush Inc	0.35%	500,000	$9M	new	+0.35 pp	new
unresolvedCliffs Nat Res Inc	0.33%	1,000,000	$8M	new	+0.33 pp	new
FBMFoundation Building Materials, Inc.	0.32%	500,000	$8M	new	+0.32 pp	new
ATHAthene Holding Ltd-class A	0.30%	150,000	$7M	new	+0.30 pp	new
unresolvedFidelity & Guaranty Life	0.29%	255,951	$7M	trimmed−23%	−0.06 pp	3 q
AAAlcoa Corporation	0.28%	200,000	$7M	new	+0.28 pp	new
VVVValvoline Inc.	0.28%	281,900	$7M	held	—	3 q
PEParsley Energy Inc	0.26%	200,000	$7M	new	+0.26 pp	new
unresolvedWildhorse Resource Development	0.25%	500,000	$6M	added+11%	−0.04 pp	2 q
DLTRDollar Tree Inc.	0.24%	75,000	$6M	new	+0.24 pp	new
SBGISinclair, Inc. Class A	0.24%	150,000	$6M	new	+0.24 pp	new
REVGREV Group, Inc.	0.19%	171,328	$5M	new	+0.19 pp	new
unresolvedCousins Properties Inc.	0.17%	500,000	$4M	new	+0.17 pp	new
unresolvedKite Pharma Inc	0.17%	53,761	$4M	new	+0.17 pp	new
T8STesaro Inc	0.15%	25,000	$4M	held	—	2 q
NBRNabors Industries Ltd.	0.15%	290,300	$4M	held	—	4 q
0WEWeatherford International plc	0.11%	400,000	$3M	new	+0.11 pp	new
LNGCheniere Energy Inc	0.10%	50,000	$2M	new	+0.10 pp	new
DERMDermira Inc	0.10%	69,700	$2M	new	+0.10 pp	new
unresolvedChimera Investment Corp	0.05%	60,000	$1M	held	—	8 q
MVCMvc Capital Inc	0.05%	150,000	$1M	added+16%	0.00 pp	9 q
EDITEditas Medicine, Inc.	0.04%	50,000	$1M	new	+0.04 pp	new
PMTPennyMac Mortgage Investment Trust	0.04%	50,000	$888,000	trimmed−46%	−0.03 pp	16 q
unresolvedRamaco Resources Inc	0.04%	100,000	$967,000	new	+0.04 pp	new
TCRDTHL Credit, Inc.	0.04%	110,000	$1M	held	—	16 q
TRCOTribune Media Company Class A	0.04%	27,800	$1M	trimmed−98%	−2.72 pp	10 q
OECOrion S.A.	0.04%	50,000	$1M	new	+0.04 pp	new
unresolvedEclipse Res Corp	0.03%	250,000	$635,000	held	—	4 q
SNRNew Senior Investment Group Inc.	0.03%	70,000	$714,000	trimmed−86%	−0.19 pp	10 q
ABRArbor Realty Trust, Inc.	0.02%	70,440	$590,000	added+1%	0.00 pp	10 q
MDCAMDC Partners Inc. Class A (new)	0.02%	45,000	$423,000	trimmed−85%	−0.07 pp	5 q
MRTXMirati Therapeutics, Inc.	0.02%	100,000	$520,000	new	+0.02 pp	new
ETRAE*trade Financial Corp	—	−959,659	—	exited	−1.47 pp	—
WMBWilliams Companies Inc.	—	−909,900	—	exited	−1.25 pp	—
APCAnadarko Petroleum Corp	—	−352,621	—	exited	−1.08 pp	—
GPORGulfport Energy Corporation	—	−1,024,353	—	exited	−0.98 pp	—
unresolvedGlobal Eagle Entmt Inc	—	−650,800	—	exited	−0.19 pp	—
DALDelta Air Lines, Inc.	—	−75,600	—	exited	−0.16 pp	—
unresolvedBluebird Bio Inc	—	−50,000	—	exited	−0.14 pp	—
unresolvedNordic American Offshore Ltd	—	−700,000	—	exited	−0.08 pp	—
unresolvedOm Asset Management PLC	—	−120,000	—	exited	−0.08 pp	—
TUSKMammoth Energy Services, Inc.	—	−100,000	—	exited	−0.07 pp	—
GOLFAcushnet Holdings Corp.	—	−72,100	—	exited	−0.06 pp	—
HWCHancock Whitney Corporation	—	−30,000	—	exited	−0.06 pp	—
UBSIUnited Bankshares Inc	—	−30,000	—	exited	−0.06 pp	—
WIXWIX.com Ltd.	—	−25,000	—	exited	−0.05 pp	—
PESPioneer Energy Services Corp.	—	−100,000	—	exited	−0.03 pp	—
RNSTRenasant Corporation	—	−15,000	—	exited	−0.03 pp	—
unresolvedSucampo Pharmaceuticals Inc	—	−50,000	—	exited	−0.03 pp	—
VLYValley National Bancorp	—	−50,000	—	exited	−0.03 pp	—

Source

Form: 13F-HR
Reading: 0 defects · 22 unresolved
Accession: 0001140361-17-020316
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet

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