Cooperman (Omega)

Q2 2021 13F · by Leon Cooperman, CEO

As of: Jun 30, 2021
Filed: Aug 16, 2021
US stock: $1.8B · prev $1.6B
Positions: 67 · prev 55
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%

Moves46 since the prior filing

+10.9 pp in · −10.1 pp out

New 19 +8.12 pp
Added 11 +2.78 pp
Trimmed 9 −6.37 pp
Exited 7 −3.71 pp

The book

Focused · behaves like 24 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 42% a year, about 2.4 years per position

Low
Moderate
High

Top 5 positions35% of US stock

GOOGL Alphabet Inc. Class A held held8.2%
COOP Mr. Cooper Group Inc. held held7.9%
ATH Athene Holding Ltd-class A held held6.6%
FISV Fiserv, Inc. held held6.2%
CI The Cigna Group held held5.7%

Positions67 in this filing · 7 exited


GOOGLAlphabet Inc. Class A	8.23%	60,000	$147M	held	—	4 q
COOPMr. Cooper Group Inc.	7.89%	4,249,000	$140M	held	—	11 q
ATHAthene Holding Ltd-class A	6.58%	1,736,625	$117M	held	—	4 q
FISVFiserv, Inc.	6.19%	1,030,600	$110M	held	—	8 q
CIThe Cigna Group	5.66%	425,000	$101M	held	—	11 q
DVNDevon Energy Corporation	5.11%	3,120,069	$91M	held	—	2 q
MPMP Materials Corp.	5.02%	2,426,000	$89M	held	—	3 q
ASHAshland Inc.	4.28%	871,965	$76M	added+9%	−0.16 pp	20 q
ETEnergy Transfer LP	4.02%	6,737,500	$72M	held	—	17 q
MSFTMicrosoft Corp	3.74%	245,705	$67M	held	—	23 q
TRNTrinity Industries, Inc.	3.04%	2,016,632	$54M	trimmed−6%	−0.78 pp	17 q
unresolvedChimera Investment Corp	2.87%	3,397,500	$51M	held	—	25 q
LADLithia Motors, Inc.	2.65%	137,500	$47M	new	+2.65 pp	new
VRTVertiv Holdings Co Class A	2.39%	1,556,720	$42M	added+11%	+0.64 pp	4 q
ABRArbor Realty Trust, Inc.	2.37%	2,366,837	$42M	added+10%	+0.23 pp	27 q
WSCWillScot Holdings Corporation Class A	2.35%	1,500,000	$42M	added+94%	+1.01 pp	3 q
AMZNAmazon.Com Inc	1.93%	10,000	$34M	held	—	19 q
NAVINavient Corporation	1.90%	1,752,744	$34M	trimmed−44%	−0.90 pp	10 q
unresolvedFinance Of America Cos Inc	1.89%	4,400,000	$34M	new	+1.89 pp	new
SNRNew Senior Investment Group Inc.	1.60%	3,253,200	$29M	trimmed−24%	−0.07 pp	27 q
NRGNRG Energy, Inc.	1.54%	680,000	$27M	added+68%	+0.59 pp	2 q
CCitigroup Inc.	1.51%	380,000	$27M	held	—	15 q
PXDPioneer Natural Resource Co.	1.28%	140,000	$23M	added+75%	+0.49 pp	2 q
BABAAlibaba Group Holding Limited	1.27%	100,000	$23M	added+18%	+0.07 pp	2 q
STKLSunOpta, Inc.	1.27%	1,850,000	$23M	added+9%	−0.30 pp	8 q
GMGeneral Motors Company	1.25%	375,000	$22M	held	—	3 q
MSIMotorola Solutions, Inc. New	1.22%	100,000	$22M	held	—	4 q
BHCBausch Health Companies Inc	1.13%	688,318	$20M	new	+1.13 pp	new
VOOVanguard S&P 500 ETF	1.10%	50,001	$20M	new	+1.10 pp	new
ASPUAspen Group Inc	0.83%	2,267,073	$15M	added+37%	+0.21 pp	10 q
EFCEllington Financial Inc.	0.82%	760,000	$15M	held	—	10 q
ONITOnity Group Inc.	0.79%	453,502	$14M	trimmed−39%	−0.53 pp	17 q
PSFEPaysafe Limited	0.77%	1,125,000	$14M	held	—	2 q
EPDEnterprise Products Partners L.P.	0.68%	500,000	$12M	held	—	4 q
BBDCBarings BDC, Inc.	0.67%	1,131,338	$12M	trimmed−35%	−0.41 pp	3 q
unresolvedFirst Eagle Alternative Capi	0.54%	2,126,300	$10M	trimmed−25%	−0.17 pp	4 q
SMTSFSierra Metals Inc	0.50%	2,945,858	$9M	added+5%	−0.05 pp	7 q
TDAYUSA TODAY Co., Inc.	0.48%	1,545,062	$8M	held	—	30 q
unresolvedFalcon Minerals Corp	0.47%	1,639,338	$8M	added+9%	+0.05 pp	9 q
METAMeta Platforms, Inc. Class A	0.43%	22,000	$8M	trimmed−19%	−0.07 pp	6 q
PFSIPennyMac Financial Services, Inc.	0.35%	100,225	$6M	new	+0.35 pp	new
EFAiShares MSCI EAFE ETF	0.33%	73,706	$6M	new	+0.33 pp	new
FOEFerro Corporation	0.12%	100,000	$2M	trimmed−97%	−3.37 pp	7 q
IVWiShares S&P 500 Growth ETF	0.09%	23,214	$2M	new	+0.09 pp	new
OBDCBlue Owl Capital Corporation	0.09%	112,000	$2M	held	—	3 q
RTIXRTI Surgical Holdings, Inc.	0.09%	1,110,000	$2M	trimmed−3%	−0.07 pp	10 q
CTRACoterra Energy Inc.	0.08%	85,158	$1M	new	+0.08 pp	new
SCHOSchwab Short-Term U.S. Treasury ETF	0.08%	27,196	$1M	new	+0.08 pp	new
IIshares Core Msci Europe ETF	0.07%	22,459	$1M	new	+0.07 pp	new
unresolvedCredit Suisse Group Spon ADR	0.06%	100,000	$1M	new	+0.06 pp	new
EWJiShares MSCI Japan ETF	0.06%	16,695	$1M	new	+0.06 pp	new
EPPiShares MSCI Pacific ex Japan ETF	0.05%	15,512	$802,000	new	+0.05 pp	new
IEMGiShares Core MSCI Emerging Markets ETF	0.05%	12,485	$836,000	new	+0.05 pp	new
VGKVanguard FTSE Europe ETF	0.05%	11,972	$805,000	new	+0.05 pp	new
EWCiShares MSCI Canada ETF	0.03%	12,531	$467,000	new	+0.03 pp	new
unresolvedPontem Corp	0.03%	50,000	$501,000	held	—	2 q
URTHiShares MSCI World ETF	0.02%	3,329	$421,000	new	+0.02 pp	new
CRBNiShares Low Carbon Optimized MSCI ACWI ETF	0.02%	2,000	$332,000	new	+0.02 pp	new
unresolvedD And Z Media Acquisition Co	0.01%	25,000	$249,000	held	—	2 q
DMACDiaMedica Therapeutics Inc.	0.01%	50,000	$223,000	held	—	3 q
unresolvedLiberty Media Acquisition Co	0.01%	10,000	$106,000	held	—	2 q
NGAB.UNorthern Genesis Acquisition	0.01%	20,000	$210,000	held	—	2 q
unresolvedSpartan Acquisition Corp III	0.01%	10,000	$101,000	held	—	2 q
GBTGGlobal Business Travel Group, Inc.	0.01%	20,000	$200,000	held	—	2 q
unresolvedArctos Northstar Acquis Corp	0.01%	25,000	$250,000	new	+0.01 pp	new
JWSMFJaws Mustang Acq Corp A	0.01%	25,000	$252,000	held	—	2 q
AESAES Corporation	0.00%	900	$23,000	held	—	7 q
MGYMagnolia Oil & Gas Corporation Class A	—	−1,994,548	—	exited	−1.43 pp	—
IFFInternational Flavors & Fragrances Inc.	—	−135,000	—	exited	−1.18 pp	—
RPLAReplay Acquisition Corp	—	−900,000	—	exited	−0.54 pp	—
CMCSAComcast Corp	—	−150,000	—	exited	−0.51 pp	—
unresolvedRotor Acquisition Corp	—	−40,000	—	exited	−0.02 pp	—
unresolvedArctos Northstar Acquis Corp	—	−25,000	—	exited	−0.02 pp	—
unresolvedForesight Acquisition Corp	—	−10,000	—	exited	−0.01 pp	—