Cooperman (Omega)

Q4 2017 13F · by Leon Cooperman, CEO

As of: Dec 31, 2017
Filed: Feb 14, 2018
US stock: $2.7B · prev $2.6B
Positions: 72 · 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%

Moves81 since the prior filing

+20.5 pp in · −21.0 pp out

New 15 +7.46 pp
Added 20 +13.05 pp
Trimmed 19 −7.07 pp
Exited 27 −13.95 pp

The book

Focused · behaves like 34 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 84% a year, about 1.2 years per position

Low
Moderate
High

Top 5 positions29% of US stock

GOOGL Alphabet Inc. Class A held held6.4%
AMCX AMC Global Media Inc. Class A added+2.76 pp added+2.765.8%
unresolved Shire PLC added+1.81 pp added+1.815.7%
UAL United Airlines Holdings, Inc. added+1.47 pp added+1.475.7%
FDC First Data Corporation trimmed−1.31 pp trimmed−1.315.0%

Positions72 in this filing · 27 exited


GOOGLAlphabet Inc. Class A	6.41%	162,435	$171M	held	—	9 q
AMCXAMC Global Media Inc. Class A	5.84%	2,885,028	$156M	added×2.1	+2.76 pp	4 q
unresolvedShire PLC	5.70%	980,356	$152M	added+50%	+1.81 pp	7 q
UALUnited Airlines Holdings, Inc.	5.67%	2,247,329	$151M	added+27%	+1.47 pp	17 q
FDCFirst Data Corporation	5.05%	8,065,713	$135M	trimmed−11%	−1.31 pp	9 q
MSFTMicrosoft Corp	3.59%	1,119,070	$96M	trimmed−4%	+0.23 pp	9 q
unresolvedDowdupont Inc	3.43%	1,286,100	$92M	trimmed−6%	−0.25 pp	2 q
AERAercap Holdings N.V.	3.04%	1,541,846	$81M	trimmed−28%	−1.23 pp	14 q
HESHess Corporation	2.97%	1,669,600	$79M	added+70%	+1.18 pp	6 q
WPXWPX Energy, Inc.	2.41%	4,569,898	$64M	trimmed−2%	+0.33 pp	4 q
SBGISinclair, Inc. Class A	2.35%	1,656,154	$63M	added+16%	+0.58 pp	4 q
PVHPVH Corp.	2.22%	432,838	$59M	trimmed−3%	+0.02 pp	8 q
VVVValvoline Inc.	2.09%	2,223,140	$56M	held	—	6 q
DISHDISH Network Corp.	1.99%	1,110,641	$53M	added+1%	−0.33 pp	19 q
PEParsley Energy Inc	1.95%	1,767,694	$52M	added×6.2	+1.66 pp	2 q
unresolvedDell Technologies Inc	1.94%	636,914	$52M	added+26%	+0.42 pp	6 q
ASHAshland Inc.	1.88%	704,000	$50M	added+30%	+0.50 pp	6 q
METAMeta Platforms, Inc. Class A	1.86%	281,200	$50M	added+19%	+0.29 pp	11 q
MXLMaxLinear, Inc.	1.84%	1,862,795	$49M	held	—	3 q
TRNTrinity Industries, Inc.	1.82%	1,295,049	$49M	held	—	3 q
SYFSynchrony Financial	1.80%	1,242,567	$48M	trimmed−5%	+0.22 pp	9 q
unresolvedKeane Group Inc	1.77%	2,484,100	$47M	held	—	4 q
LORLLoral Space and Communications, Inc.	1.76%	1,067,180	$47M	trimmed−12%	−0.57 pp	19 q
NBRNabors Industries Ltd.	1.71%	6,701,414	$46M	added×2.6	+0.91 pp	7 q
NEWMUSA TODAY Co., Inc.	1.65%	2,621,581	$44M	trimmed−4%	+0.07 pp	16 q
EMNEastman Chemical Company	1.61%	464,813	$43M	held	—	19 q
HUMHumana Inc.	1.59%	171,353	$43M	new	+1.59 pp	new
ZNGAZynga Inc. Cl A	1.53%	10,228,806	$41M	added+11%	+0.18 pp	5 q
WFCWells Fargo & Co.	1.39%	609,700	$37M	new	+1.39 pp	new
PYPLPayPal Holdings, Inc.	1.38%	499,600	$37M	trimmed−44%	−0.84 pp	8 q
ADBEAdobe Inc.	1.36%	207,000	$36M	added+43%	+0.52 pp	2 q
OCNOnity Group Inc.	1.30%	11,052,744	$35M	added+28%	+0.14 pp	3 q
ASPSAltisource Portfolio Solutions S.A.	1.29%	1,229,540	$34M	trimmed−7%	−0.05 pp	19 q
unresolvedPennymac Finl Svcs Inc	1.24%	1,481,975	$33M	trimmed−9%	+0.12 pp	19 q
MGMMgm Resorts International	1.04%	831,990	$28M	added+7%	+0.06 pp	11 q
DXCDXC Technology Company	0.98%	275,000	$26M	added+38%	+0.31 pp	2 q
ALLYAlly Financial Inc.	0.95%	872,368	$25M	trimmed−2%	+0.11 pp	4 q
NAVINavient Corporation	0.90%	1,801,188	$24M	held	—	15 q
EXPEExpedia Group, Inc.	0.88%	195,497	$23M	held	—	2 q
BALLBall Corporation	0.71%	501,955	$19M	trimmed−60%	−1.32 pp	8 q
unresolvedCBS Corp	0.70%	318,000	$19M	new	+0.70 pp	new
ETEnergy Transfer LP	0.67%	1,041,700	$18M	added×2.1	+0.33 pp	3 q
ADSKAutodesk Inc	0.66%	168,400	$18M	added+80%	+0.25 pp	3 q
GLDSPDR Gold Trust, SPDR Gold Shares	0.65%	140,000	$17M	new	+0.65 pp	new
KREState Street SPDR S&P Regional Banking ETF	0.55%	250,000	$15M	new	+0.55 pp	new
unresolvedHrg Group Inc	0.54%	857,100	$15M	trimmed−24%	−0.15 pp	12 q
CXCemex S.A.B. de C.V.	0.48%	1,700,000	$13M	new	+0.48 pp	new
AMZNAmazon.Com Inc	0.47%	10,640	$12M	held	—	5 q
NFLXNetFlix Inc	0.47%	65,000	$12M	held	—	4 q
TIMETime Inc	0.42%	608,913	$11M	trimmed−88%	−2.18 pp	6 q
GLPIGaming and Leisure Properties, Inc.	0.38%	275,000	$10M	new	+0.38 pp	new
MYLMylan NV	0.38%	237,000	$10M	new	+0.38 pp	new
NYCBFlagstar Bank, National Association	0.37%	750,000	$10M	new	+0.37 pp	new
unresolvedAmerican Intl Group Inc	0.36%	526,237	$10M	trimmed−1%	−0.05 pp	4 q
CCitigroup Inc.	0.36%	130,000	$10M	new	+0.36 pp	new
AALAmerican Airlines Group Inc.	0.35%	178,400	$9M	held	—	3 q
BPMCBlueprint Medicines Corporation	0.21%	75,000	$6M	new	+0.21 pp	new
INSMInsmed, Inc.	0.18%	155,000	$5M	added+3%	0.00 pp	2 q
MDBMongoDB, Inc. Class A	0.17%	150,000	$4M	new	+0.17 pp	new
GWPHGW Pharmaceuticals Plc	0.15%	30,000	$4M	new	+0.15 pp	new
OECOrion S.A.	0.14%	150,000	$4M	trimmed−40%	−0.08 pp	4 q
XLRNAcceleron Pharma Inc.	0.08%	50,000	$2M	held	—	2 q
MVCMvc Capital Inc	0.08%	200,000	$2M	held	—	12 q
AM6Amicus Therapeutics Inc	0.05%	100,000	$1M	new	+0.05 pp	new
TCRDTHL Credit, Inc.	0.05%	150,000	$1M	added+25%	+0.01 pp	19 q
unresolvedChimera Investment Corp	0.04%	60,000	$1M	held	—	11 q
IIntelsat SA	0.04%	305,187	$1M	trimmed−69%	−0.14 pp	3 q
ABRArbor Realty Trust, Inc.	0.03%	81,000	$700,000	held	—	13 q
unresolvedEllington Financial LLC	0.03%	60,000	$871,000	held	—	17 q
PTIProteostasis Therapeutics, Inc.	0.03%	150,000	$875,000	new	+0.03 pp	new
MDCAMDC Partners Inc. Class A (new)	0.02%	45,000	$439,000	held	—	8 q
SNRNew Senior Investment Group Inc.	0.02%	70,000	$529,000	held	—	13 q
FNFFidelity National Financial, Inc.	—	−1,349,332	—	exited	−2.49 pp	—
AIGAmerican International Group, Inc.	—	−841,740	—	exited	−2.01 pp	—
unresolvedEnergy Transfer Partners LP	—	−1,581,194	—	exited	−1.12 pp	—
unresolvedAetna Inc New	—	−179,700	—	exited	−1.11 pp	—
RITMRithm Capital Corp.	—	−1,417,800	—	exited	−0.92 pp	—
CVACovanta Holding Corporation	—	−1,213,282	—	exited	−0.70 pp	—
unresolvedA Schulman Inc	—	−505,000	—	exited	−0.67 pp	—
unresolvedGigamon Inc	—	−366,897	—	exited	−0.60 pp	—
BERYBerry Global Group, Inc.	—	−215,765	—	exited	−0.47 pp	—
IYRiShares U.S. Real Estate ETF	—	−150,000	—	exited	−0.47 pp	—
INCYIncyte Genomics Inc	—	−100,000	—	exited	−0.45 pp	—
ATHAthene Holding Ltd-class A	—	−198,000	—	exited	−0.41 pp	—
CTLTCatalent, Inc.	—	−185,000	—	exited	−0.29 pp	—
FBMFoundation Building Materials, Inc.	—	−500,000	—	exited	−0.27 pp	—
NCLHNorwegian Cruise Line Holdings Ltd.	—	−125,000	—	exited	−0.26 pp	—
BECNBeacon Roofing Supply, Inc.	—	−125,000	—	exited	−0.25 pp	—
CSGPCoStar Group Inc	—	−21,400	—	exited	−0.22 pp	—
unresolvedCotiviti Hldgs Inc	—	−150,000	—	exited	−0.21 pp	—
unresolvedWildhorse Resource Development	—	−400,000	—	exited	−0.21 pp	—
PQGEcovyst Inc.	—	−300,000	—	exited	−0.20 pp	—
GDDYGoDaddy Inc	—	−100,000	—	exited	−0.17 pp	—
ZAYOZayo Group Holdings, Inc.	—	−100,000	—	exited	−0.13 pp	—
PTLAPortola Pharmaceuticals, Inc.	—	−50,000	—	exited	−0.10 pp	—
TRTNTriton International Ltd	—	−75,000	—	exited	−0.10 pp	—
KTOSKratos Defense & Security Solutions, Inc.	—	−100,000	—	exited	−0.05 pp	—
WLHWilliam Lyon Homes	—	−50,000	—	exited	−0.04 pp	—
unresolvedRamaco Resources Inc	—	−100,000	—	exited	−0.03 pp	—