Cooperman (Omega)

Q2 2018 13F · by Leon Cooperman, CEO

As of: Jun 30, 2018
Filed: Aug 14, 2018
US stock: $2.9B · prev $2.7B
Positions: 85 · prev 85
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%

Moves100 since the prior filing

+14.3 pp in · −13.4 pp out

New 27 +9.78 pp
Added 18 +4.56 pp
Trimmed 28 −6.25 pp
Exited 27 −7.15 pp

The book

Focused · behaves like 35 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 57% a year, about 1.8 years per position

Low
Moderate
High

Top 5 positions28% of US stock

UAL United Airlines Holdings, Inc. trimmed−0.55 pp trimmed−0.556.5%
GOOGL Alphabet Inc. Class A trimmed+0.02 pp trimmed+0.026.1%
AMCX AMC Global Media Inc. Class A trimmed−0.05 pp trimmed−0.055.9%
FDC First Data Corporation trimmed+0.97 pp trimmed+0.975.6%
MSFT Microsoft Corp trimmed−0.07 pp trimmed−0.073.6%

Positions85 in this filing · 27 exited


UALUnited Airlines Holdings, Inc.	6.52%	2,688,929	$187M	trimmed−1%	−0.55 pp	19 q
GOOGLAlphabet Inc. Class A	6.08%	154,725	$175M	trimmed−1%	+0.02 pp	11 q
AMCXAMC Global Media Inc. Class A	5.94%	2,744,586	$171M	trimmed−11%	−0.05 pp	6 q
FDCFirst Data Corporation	5.64%	7,743,688	$162M	trimmed−1%	+0.97 pp	11 q
MSFTMicrosoft Corp	3.56%	1,036,570	$102M	trimmed−3%	−0.07 pp	11 q
ASHAshland Inc.	3.29%	1,210,458	$95M	added+20%	+0.66 pp	8 q
SBGISinclair, Inc. Class A	2.96%	2,645,833	$85M	added+40%	+0.74 pp	6 q
unresolvedDowdupont Inc	2.70%	1,179,000	$78M	held	—	4 q
PEParsley Energy Inc	2.50%	2,369,194	$72M	added+8%	+0.13 pp	4 q
WPXWPX Energy, Inc.	2.46%	3,921,398	$71M	trimmed−7%	+0.13 pp	6 q
HESHess Corporation	2.44%	1,049,364	$70M	trimmed−23%	−0.13 pp	8 q
TRNTrinity Industries, Inc.	2.26%	1,892,348	$65M	added+32%	+0.51 pp	5 q
CCitigroup Inc.	2.19%	942,500	$63M	added+38%	+0.46 pp	3 q
NBRNabors Industries Ltd.	2.18%	9,789,565	$63M	added+17%	0.00 pp	9 q
AERAercap Holdings N.V.	2.12%	1,125,496	$61M	trimmed−18%	−0.49 pp	16 q
OCNOnity Group Inc.	2.03%	14,742,284	$58M	held	—	5 q
ADBEAdobe Inc.	2.01%	236,600	$58M	trimmed−1%	+0.08 pp	4 q
SYFSynchrony Financial	1.96%	1,690,483	$56M	held	—	11 q
HUMHumana Inc.	1.92%	185,253	$55M	added+39%	+0.58 pp	3 q
TMOThermo Fisher Scientific, Inc.	1.86%	258,400	$54M	added+25%	+0.26 pp	2 q
unresolvedKeane Group Inc	1.80%	3,793,404	$52M	added+28%	+0.16 pp	6 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	1.66%	194,500	$48M	trimmed−1%	+0.09 pp	2 q
PVHPVH Corp.	1.59%	305,938	$46M	trimmed−25%	−0.71 pp	10 q
NEWMUSA TODAY Co., Inc.	1.56%	2,428,179	$45M	trimmed−7%	−0.12 pp	18 q
METAMeta Platforms, Inc. Class A	1.45%	214,600	$42M	trimmed−1%	+0.15 pp	13 q
ETEnergy Transfer LP	1.41%	2,341,128	$40M	trimmed−1%	+0.16 pp	5 q
PYPLPayPal Holdings, Inc.	1.38%	477,300	$40M	trimmed−1%	+0.01 pp	10 q
NRGNRG Energy, Inc.	1.35%	1,267,782	$39M	new	+1.35 pp	new
IQVIQVIA Holdings Inc.	1.33%	381,800	$38M	new	+1.33 pp	new
LORLLoral Space and Communications, Inc.	1.33%	1,015,064	$38M	held	—	21 q
VVVValvoline Inc.	1.30%	1,727,874	$37M	trimmed−17%	−0.42 pp	8 q
DISHDISH Network Corp.	1.21%	1,035,941	$35M	trimmed−15%	−0.52 pp	21 q
EMNEastman Chemical Company	1.20%	344,213	$34M	held	—	21 q
LENLennar Corporation Class A	1.14%	625,000	$33M	new	+1.14 pp	new
MXLMaxLinear, Inc.	1.11%	2,042,839	$32M	trimmed−14%	−0.90 pp	5 q
MPCMarathon Petroleum Corporation	1.04%	426,300	$30M	new	+1.04 pp	new
unresolvedHrg Group Inc	1.03%	2,253,198	$29M	added+10%	−0.24 pp	14 q
ASPSAltisource Portfolio Solutions S.A.	0.99%	978,703	$29M	trimmed−4%	−0.02 pp	21 q
unresolvedPennymac Finl Svcs Inc	0.96%	1,410,720	$28M	trimmed−1%	−0.25 pp	21 q
MUMicron Technology, Inc.	0.95%	522,700	$27M	added+95%	+0.43 pp	2 q
CVSCvs Health Corporation	0.91%	406,600	$26M	new	+0.91 pp	new
unresolvedKkr & Co L P DEL	0.86%	992,555	$25M	new	+0.86 pp	new
DXCDXC Technology Company	0.81%	290,000	$23M	trimmed−33%	−0.83 pp	4 q
ADSKAutodesk Inc	0.73%	160,400	$21M	trimmed−1%	−0.03 pp	5 q
unresolvedShire PLC	0.72%	122,500	$21M	trimmed−70%	−1.58 pp	9 q
FTSIFts International Inc	0.67%	1,350,000	$19M	added×4.9	+0.48 pp	2 q
AMZNAmazon.Com Inc	0.62%	10,525	$18M	trimmed−1%	+0.04 pp	7 q
BCBrunswick Corporation	0.57%	253,866	$16M	added+3%	+0.02 pp	2 q
unresolvedTpg Pace Energy Hldgs Corp	0.57%	1,500,000	$16M	new	+0.57 pp	new
TMHCTaylor Morrison Home Corporation	0.54%	750,000	$16M	added+60%	+0.13 pp	2 q
unresolvedAndeavor	0.49%	107,100	$14M	trimmed−72%	−0.97 pp	2 q
SG7Sage Therapeutics Inc	0.41%	74,800	$12M	added+60%	+0.13 pp	2 q
CDEVPermian Resources Corporation	0.38%	600,000	$11M	added+28%	+0.06 pp	2 q
unresolvedWildhorse Resource Development	0.35%	400,000	$10M	new	+0.35 pp	new
DAYDayforce, Inc.	0.34%	292,971	$10M	new	+0.34 pp	new
IMMUImmunomedics Inc	0.33%	400,000	$9M	new	+0.33 pp	new
PAGSPagSeguro Digital Ltd.	0.29%	300,000	$8M	new	+0.29 pp	new
CZRCaesars Entertainment, Inc.	0.20%	525,000	$6M	new	+0.20 pp	new
TSGIStars Group INC/THE	0.19%	150,000	$5M	new	+0.19 pp	new
CBAYCymabay Therapeutics	0.18%	377,200	$5M	added+35%	+0.04 pp	2 q
DCPHNDeciphera Pharmaceuticals In	0.16%	119,900	$5M	new	+0.16 pp	new
MDGLMadrigal Pharmaceuticals, Inc.	0.15%	15,000	$4M	new	+0.15 pp	new
ALLYAlly Financial Inc.	0.09%	100,000	$3M	trimmed−63%	−0.18 pp	6 q
unresolvedCharah Solutions Inc	0.09%	225,000	$2M	new	+0.09 pp	new
INSMInsmed, Inc.	0.08%	95,000	$2M	trimmed−3%	0.00 pp	4 q
MVCMvc Capital Inc	0.07%	200,000	$2M	held	—	14 q
BRSLBrightstar Lottery PLC	0.07%	92,400	$2M	new	+0.07 pp	new
DHCPQDitech Holding Corp	0.06%	312,901	$2M	held	—	2 q
unresolvedAvrobio Inc	0.05%	50,000	$1M	new	+0.05 pp	new
FGPFerrellgas Partners, L.P.	0.05%	430,000	$1M	new	+0.05 pp	new
HKHalcon Resources Corporation	0.05%	350,000	$2M	trimmed−50%	−0.08 pp	2 q
SURFSurface Oncology, Inc.	0.05%	94,900	$2M	new	+0.05 pp	new
TCRDTHL Credit, Inc.	0.05%	178,200	$1M	added+19%	+0.01 pp	21 q
VCELVericel Corporation	0.05%	150,000	$1M	new	+0.05 pp	new
BOXBox, Inc.	0.04%	50,000	$1M	new	+0.04 pp	new
unresolvedChimera Investment Corp	0.04%	60,000	$1M	held	—	13 q
CUROCURO Group Holdings Corp.	0.04%	50,000	$1M	new	+0.04 pp	new
unresolvedT2 Biosystems Inc	0.04%	142,400	$1M	new	+0.04 pp	new
7S3US Xpress Enterprises Inc -a	0.04%	75,000	$1M	new	+0.04 pp	new
ABRArbor Realty Trust, Inc.	0.03%	81,000	$845,000	held	—	15 q
unresolvedEllington Financial LLC	0.03%	60,000	$937,000	held	—	19 q
QUREuniQure N.V.	0.03%	25,000	$945,000	new	+0.03 pp	new
unresolvedExela Technologies Inc	0.02%	150,345	$714,000	new	+0.02 pp	new
SNRNew Senior Investment Group Inc.	0.02%	70,000	$530,000	held	—	15 q
MDCAMDC Partners Inc. Class A (new)	0.01%	45,000	$207,000	held	—	10 q
BMYBristol-Myers Squibb Co.	—	−468,000	—	exited	−1.11 pp	—
WFCWells Fargo & Co.	—	−412,500	—	exited	−0.81 pp	—
NAVINavient Corporation	—	−1,503,006	—	exited	−0.74 pp	—
NFLXNetFlix Inc	—	−65,000	—	exited	−0.72 pp	—
NYCBFlagstar Bank, National Association	—	−750,000	—	exited	−0.37 pp	—
GWPHGW Pharmaceuticals Plc	—	−70,000	—	exited	−0.29 pp	—
unresolvedAmerican Intl Group Inc	—	−458,870	—	exited	−0.28 pp	—
BKIBlack Knight, Inc.	—	−140,000	—	exited	−0.25 pp	—
DDominion Energy, Inc	—	−100,000	—	exited	−0.25 pp	—
GLPIGaming and Leisure Properties, Inc.	—	−201,500	—	exited	−0.25 pp	—
AM6Amicus Therapeutics Inc	—	−374,000	—	exited	−0.21 pp	—
NINEQNine Energy Service Inc	—	−231,200	—	exited	−0.21 pp	—
unresolvedAvexis Inc	—	−37,400	—	exited	−0.17 pp	—
RAREUltragenyx Pharmaceutical Inc.	—	−88,500	—	exited	−0.17 pp	—
IQiQIYI, Inc.	—	−250,000	—	exited	−0.15 pp	—
AGIOAgios Pharmaceuticals, Inc.	—	−45,000	—	exited	−0.14 pp	—
ARRYArray Biopharma Inc	—	−200,000	—	exited	−0.12 pp	—
CLFCleveland-Cliffs Inc.	—	−467,000	—	exited	−0.12 pp	—
IBTXIndependent Bank Group, Inc.	—	−46,700	—	exited	−0.12 pp	—
unresolvedHudson Ltd	—	−182,500	—	exited	−0.11 pp	—
DISCKDiscovery Inc-c	—	−142,000	—	exited	−0.10 pp	—
FTAIFTAI Aviation Ltd.	—	−164,000	—	exited	−0.10 pp	—
ALDRAlder Biopharmaceuticals, Inc.	—	−189,500	—	exited	−0.09 pp	—
SHLXShell Midstream Partners, L.P.	—	−100,000	—	exited	−0.08 pp	—
XLRNAcceleron Pharma Inc.	—	−45,000	—	exited	−0.07 pp	—
XNCRXencor, Inc.	—	−66,000	—	exited	−0.07 pp	—
ARNAArena Pharmaceuticals Inc	—	−34,000	—	exited	−0.05 pp	—