Cooperman (Omega)

Q2 2017 13F · by Leon Cooperman, CEO

As of: Jun 30, 2017
Filed: Aug 14, 2017
US stock: $2.4B · prev $2.5B
Positions: 81 · prev 84
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%

Moves80 since the prior filing

+15.5 pp in · −18.8 pp out

New 21 +7.01 pp
Added 19 +8.52 pp
Trimmed 16 −5.45 pp
Exited 24 −13.35 pp

The book

Focused · behaves like 36 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 64% a year, about 1.6 years per position

Low
Moderate
High

Top 5 positions25% of US stock

GOOGL Alphabet Inc. Class A held held6.2%
FDC First Data Corporation held held6.2%
UAL United Airlines Holdings, Inc. held held5.2%
AER Aercap Holdings N.V. added+0.21 pp added+0.214.2%
unresolved Dow Chemical Co added+0.11 pp added+0.113.6%

Positions81 in this filing · 24 exited


GOOGLAlphabet Inc. Class A	6.16%	158,835	$148M	held	—	7 q
FDCFirst Data Corporation	6.16%	8,110,013	$148M	held	—	7 q
UALUnited Airlines Holdings, Inc.	5.21%	1,658,302	$125M	held	—	15 q
AERAercap Holdings N.V.	4.17%	2,151,435	$100M	added+1%	+0.21 pp	12 q
unresolvedDow Chemical Co	3.60%	1,367,400	$86M	added0%	+0.11 pp	10 q
AIGAmerican International Group, Inc.	3.46%	1,328,240	$83M	trimmed−7%	−0.14 pp	17 q
unresolvedShire PLC	3.45%	500,207	$83M	added+3%	+0.03 pp	5 q
MSFTMicrosoft Corp	3.34%	1,162,070	$80M	added×2.7	+2.18 pp	7 q
ACTAllergan PLC	2.99%	295,188	$72M	held	—	9 q
DISHDISH Network Corp.	2.89%	1,102,141	$69M	held	—	17 q
TIMETime Inc	2.75%	4,595,604	$66M	added+5%	−0.65 pp	4 q
FNFFidelity National Financial, Inc.	2.52%	1,349,332	$60M	held	—	6 q
MGMMgm Resorts International	2.32%	1,776,190	$56M	held	—	9 q
BALLBall Corporation	2.23%	1,264,400	$53M	held	—	6 q
PVHPVH Corp.	2.14%	448,338	$51M	added+13%	+0.49 pp	6 q
LORLLoral Space and Communications, Inc.	2.10%	1,211,938	$50M	held	—	17 q
PYPLPayPal Holdings, Inc.	2.00%	892,900	$48M	held	—	6 q
AMCXAMC Global Media Inc. Class A	1.97%	885,185	$47M	added+6%	0.00 pp	2 q
SBGISinclair, Inc. Class A	1.94%	1,412,220	$46M	added×9.4	+1.70 pp	2 q
VVVValvoline Inc.	1.94%	1,963,522	$47M	added×7.0	+1.66 pp	4 q
HESHess Corporation	1.80%	983,800	$43M	trimmed−16%	−0.46 pp	4 q
unresolvedKeane Group Inc	1.65%	2,464,600	$39M	added+13%	+0.39 pp	2 q
EMNEastman Chemical Company	1.63%	464,813	$39M	held	—	17 q
SYFSynchrony Financial	1.63%	1,311,867	$39M	added+40%	+0.33 pp	7 q
NAVINavient Corporation	1.54%	2,211,614	$37M	trimmed−19%	−0.09 pp	13 q
NEWMUSA TODAY Co., Inc.	1.51%	2,692,051	$36M	added+1%	−0.02 pp	14 q
ASHAshland Inc.	1.49%	541,509	$36M	held	—	4 q
METAMeta Platforms, Inc. Class A	1.49%	236,200	$36M	trimmed−10%	−0.01 pp	9 q
WPXWPX Energy, Inc.	1.48%	3,667,172	$35M	added+79%	+0.37 pp	2 q
ASPSAltisource Portfolio Solutions S.A.	1.43%	1,573,665	$34M	trimmed−4%	−1.01 pp	17 q
ZNGAZynga Inc. Cl A	1.40%	9,192,643	$33M	added+30%	+0.59 pp	3 q
unresolvedPennymac Finl Svcs Inc	1.13%	1,619,916	$27M	held	—	17 q
unresolvedDell Technologies Inc	1.06%	415,000	$25M	trimmed−36%	−0.62 pp	4 q
unresolvedArris Intl Inc	1.06%	908,032	$25M	trimmed−46%	−0.73 pp	5 q
unresolvedEnergy Transfer Partners LP	0.99%	1,169,142	$24M	new	+0.99 pp	new
OMFOneMain Holdings, Inc.	0.97%	944,057	$23M	held	—	7 q
unresolvedGigamon Inc	0.91%	557,048	$22M	added+55%	+0.39 pp	2 q
MXLMaxLinear, Inc.	0.88%	757,000	$21M	new	+0.88 pp	new
unresolvedEllington Financial LLC	0.86%	1,266,595	$21M	held	—	15 q
NBRNabors Industries Ltd.	0.86%	2,538,500	$21M	added×8.7	+0.71 pp	5 q
unresolvedHrg Group Inc	0.84%	1,132,800	$20M	trimmed−55%	−1.10 pp	10 q
OCNOnity Group Inc.	0.84%	7,462,342	$20M	new	+0.84 pp	new
RITMRithm Capital Corp.	0.75%	1,150,000	$18M	trimmed−10%	−0.12 pp	11 q
CVACovanta Holding Corporation	0.67%	1,213,282	$16M	new	+0.67 pp	new
ALLYAlly Financial Inc.	0.62%	710,147	$15M	trimmed−10%	−0.03 pp	2 q
unresolvedAmerican Intl Group Inc	0.47%	530,437	$11M	held	—	2 q
LBBath & Body Works, Inc.	0.45%	200,000	$11M	new	+0.45 pp	new
TRNTrinity Industries, Inc.	0.44%	375,000	$11M	new	+0.44 pp	new
AMZNAmazon.Com Inc	0.42%	10,500	$10M	trimmed−46%	−0.27 pp	3 q
NFLXNetFlix Inc	0.41%	65,000	$10M	trimmed−16%	−0.05 pp	2 q
ATHAthene Holding Ltd-class A	0.41%	198,000	$10M	added+32%	+0.11 pp	2 q
ADSKAutodesk Inc	0.39%	93,400	$9M	new	+0.39 pp	new
BERYBerry Global Group, Inc.	0.38%	160,765	$9M	trimmed−54%	−0.30 pp	5 q
AALAmerican Airlines Group Inc.	0.37%	178,400	$9M	new	+0.37 pp	new
ETEnergy Transfer LP	0.29%	390,600	$7M	new	+0.29 pp	new
NCLHNorwegian Cruise Line Holdings Ltd.	0.28%	125,000	$7M	new	+0.28 pp	new
FBMFoundation Building Materials, Inc.	0.27%	500,000	$6M	held	—	2 q
GDIIngersoll Rand Inc.	0.27%	300,000	$6M	new	+0.27 pp	new
42OPhysicians Realty Trust	0.25%	300,000	$6M	new	+0.25 pp	new
HCRSQHi-crush Inc	0.24%	540,000	$6M	added+8%	−0.11 pp	2 q
unresolvedBluebird Bio Inc	0.22%	50,000	$5M	new	+0.22 pp	new
DLTRDollar Tree Inc.	0.22%	75,000	$5M	held	—	2 q
CLVSNClovis Oncology Inc	0.20%	50,000	$5M	new	+0.20 pp	new
LOWLowe's Companies Inc.	0.16%	50,000	$4M	trimmed−67%	−0.34 pp	2 q
unresolvedWildhorse Resource Development	0.14%	270,000	$3M	trimmed−46%	−0.11 pp	3 q
IIntelsat SA	0.13%	1,000,000	$3M	new	+0.13 pp	new
REVGREV Group, Inc.	0.12%	100,000	$3M	trimmed−42%	−0.07 pp	2 q
CRZOCarrizo Oil & Gas Inc	0.11%	150,000	$3M	new	+0.11 pp	new
MVCMvc Capital Inc	0.08%	200,000	$2M	added+33%	+0.03 pp	10 q
unresolvedMindbody Cl A	0.08%	70,000	$2M	new	+0.08 pp	new
unresolvedChimera Investment Corp	0.05%	60,000	$1M	held	—	9 q
TCRDTHL Credit, Inc.	0.05%	110,000	$1M	held	—	17 q
DOVADova Pharmaceuticals, Inc.	0.04%	40,000	$892,000	new	+0.04 pp	new
SEISolaris Energy Infrastructure, Inc.	0.04%	80,000	$922,000	new	+0.04 pp	new
YEXTYext, Inc.	0.04%	80,800	$1M	new	+0.04 pp	new
OECOrion S.A.	0.04%	50,000	$998,000	held	—	2 q
BYByline Bancorp, Inc.	0.03%	40,000	$802,000	new	+0.03 pp	new
SNRNew Senior Investment Group Inc.	0.03%	70,000	$704,000	held	—	11 q
unresolvedRamaco Resources Inc	0.03%	100,000	$605,000	held	—	2 q
ABRArbor Realty Trust, Inc.	0.02%	70,440	$587,000	held	—	11 q
MDCAMDC Partners Inc. Class A (new)	0.02%	45,000	$446,000	held	—	6 q
WBAWalgreens Boots Alliance, Inc	—	−826,103	—	exited	−2.76 pp	—
unresolvedEnergy Transfer Prtnrs L P	—	−1,373,361	—	exited	−2.02 pp	—
TPHTri Pointe Homes, Inc.	—	−3,655,000	—	exited	−1.85 pp	—
unresolvedWilliams Partners L P New	—	−749,000	—	exited	−1.23 pp	—
HUMHumana Inc.	—	−125,000	—	exited	−1.04 pp	—
unresolvedPandora Media Inc	—	−1,913,360	—	exited	−0.91 pp	—
XOPState Street SPDR S&P Oil & Gas Exploration & Production ETF	—	−340,000	—	exited	−0.51 pp	—
WOOFoot Locker Inc	—	−150,000	—	exited	−0.45 pp	—
unresolvedIberiabank Corp	—	−140,000	—	exited	−0.45 pp	—
unresolvedCliffs Nat Res Inc	—	−1,000,000	—	exited	−0.33 pp	—
unresolvedFidelity & Guaranty Life	—	−255,951	—	exited	−0.29 pp	—
AAAlcoa Corporation	—	−200,000	—	exited	−0.28 pp	—
PEParsley Energy Inc	—	−200,000	—	exited	−0.26 pp	—
unresolvedCousins Properties Inc.	—	−500,000	—	exited	−0.17 pp	—
unresolvedKite Pharma Inc	—	−53,761	—	exited	−0.17 pp	—
T8STesaro Inc	—	−25,000	—	exited	−0.15 pp	—
0WEWeatherford International plc	—	−400,000	—	exited	−0.11 pp	—
LNGCheniere Energy Inc	—	−50,000	—	exited	−0.10 pp	—
DERMDermira Inc	—	−69,700	—	exited	−0.10 pp	—
EDITEditas Medicine, Inc.	—	−50,000	—	exited	−0.04 pp	—
PMTPennyMac Mortgage Investment Trust	—	−50,000	—	exited	−0.04 pp	—
TRCOTribune Media Company Class A	—	−27,800	—	exited	−0.04 pp	—
unresolvedEclipse Res Corp	—	−250,000	—	exited	−0.03 pp	—
MRTXMirati Therapeutics, Inc.	—	−100,000	—	exited	−0.02 pp	—

Source

Form: 13F-HR
Reading: 0 defects · 16 unresolved
Accession: 0001140361-17-031558
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet

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