Cooperman (Omega)

Q3 2021 13F · by Leon Cooperman, CEO

As of: Sep 30, 2021
Filed: Nov 15, 2021
US stock: $1.9B · prev $1.8B
Positions: 65 · prev 67
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%

Moves44 since the prior filing

+5.9 pp in · −5.6 pp out

New 10 +1.14 pp
Added 15 +4.77 pp
Trimmed 7 −3.72 pp
Exited 12 −1.90 pp

The book

Focused · behaves like 23 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 17% a year, about 5.9 years per position

Low
Moderate
High

Top 5 positions36% of US stock

COOP Mr. Cooper Group Inc. held held9.3%
GOOGL Alphabet Inc. Class A held held8.5%
ATH Athene Holding Ltd-class A held held6.3%
FISV Fiserv, Inc. held held5.9%
DVN Devon Energy Corporation held held5.9%

Positions65 in this filing · 12 exited


COOPMr. Cooper Group Inc.	9.27%	4,249,000	$175M	held	—	12 q
GOOGLAlphabet Inc. Class A	8.50%	60,000	$160M	held	—	5 q
ATHAthene Holding Ltd-class A	6.34%	1,736,625	$120M	held	—	5 q
FISVFiserv, Inc.	5.93%	1,030,600	$112M	held	—	9 q
DVNDevon Energy Corporation	5.87%	3,120,069	$111M	held	—	3 q
CIThe Cigna Group	4.77%	450,000	$90M	added+6%	−0.89 pp	12 q
ASHAshland Inc.	4.12%	871,965	$78M	held	—	21 q
MPMP Materials Corp.	4.07%	2,381,561	$77M	trimmed−2%	−0.95 pp	4 q
BHCBausch Health Companies Inc	3.69%	2,500,000	$70M	added×3.6	+2.56 pp	2 q
MSFTMicrosoft Corp	3.67%	245,705	$69M	held	—	24 q
ETEnergy Transfer LP	3.55%	7,000,000	$67M	added+4%	−0.47 pp	18 q
CTRACoterra Energy Inc.	3.52%	3,050,000	$66M	added×35.8	+3.44 pp	2 q
WSCWillScot Holdings Corporation Class A	2.86%	1,698,951	$54M	added+13%	+0.51 pp	4 q
TRNTrinity Industries, Inc.	2.81%	1,950,000	$53M	trimmed−3%	−0.23 pp	18 q
unresolvedChimera Investment Corp	2.67%	3,397,500	$50M	held	—	26 q
LADLithia Motors, Inc.	2.31%	137,500	$44M	held	—	2 q
VRTVertiv Holdings Co Class A	2.27%	1,779,309	$43M	added+14%	−0.12 pp	5 q
ABRArbor Realty Trust, Inc.	2.23%	2,266,837	$42M	trimmed−4%	−0.14 pp	28 q
AMZNAmazon.Com Inc	1.74%	10,000	$33M	held	—	20 q
NRGNRG Energy, Inc.	1.47%	680,000	$28M	held	—	3 q
CCitigroup Inc.	1.41%	380,000	$27M	held	—	16 q
GMGeneral Motors Company	1.37%	490,000	$26M	added+31%	+0.12 pp	4 q
unresolvedFinance Of America Cos Inc	1.24%	4,735,822	$23M	added+8%	−0.65 pp	2 q
PFSIPennyMac Financial Services, Inc.	1.24%	382,328	$23M	added×3.8	+0.89 pp	2 q
PXDPioneer Natural Resource Co.	1.24%	140,000	$23M	held	—	3 q
MSIMotorola Solutions, Inc. New	1.23%	100,000	$23M	held	—	5 q
LVSLas Vegas Sands Corp.	1.14%	585,000	$21M	new	+1.14 pp	new
VOOVanguard S&P 500 ETF	1.05%	50,001	$20M	held	—	2 q
STKLSunOpta, Inc.	0.94%	1,990,000	$18M	added+8%	−0.33 pp	9 q
BABAAlibaba Group Holding Limited	0.78%	100,000	$15M	held	—	3 q
EFCEllington Financial Inc.	0.74%	760,000	$14M	held	—	11 q
ASPUAspen Group Inc	0.71%	2,420,000	$13M	added+7%	−0.12 pp	11 q
EPDEnterprise Products Partners L.P.	0.57%	500,000	$11M	held	—	5 q
TDAYUSA TODAY Co., Inc.	0.55%	1,545,062	$10M	held	—	31 q
unresolvedFirst Eagle Alternative Capi	0.50%	2,125,572	$9M	trimmed−0%	−0.04 pp	5 q
PSFEPaysafe Limited	0.46%	1,125,000	$9M	held	—	3 q
unresolvedFalcon Minerals Corp	0.44%	1,750,000	$8M	added+7%	−0.03 pp	10 q
BBDCBarings BDC, Inc.	0.43%	733,439	$8M	trimmed−35%	−0.24 pp	4 q
ONITOnity Group Inc.	0.41%	276,121	$8M	trimmed−39%	−0.38 pp	18 q
METAMeta Platforms, Inc. Class A	0.40%	22,000	$7M	held	—	7 q
SMTSFSierra Metals Inc	0.33%	3,437,058	$6M	added+17%	−0.17 pp	8 q
EFAiShares MSCI EAFE ETF	0.30%	73,706	$6M	held	—	2 q
NAVINavient Corporation	0.16%	151,100	$3M	trimmed−91%	−1.74 pp	11 q
IVWiShares S&P 500 Growth ETF	0.09%	23,214	$2M	held	—	2 q
RTIXRTI Surgical Holdings, Inc.	0.09%	1,538,300	$2M	added+39%	0.00 pp	11 q
OBDCBlue Owl Capital Corporation	0.08%	112,000	$2M	held	—	4 q
IIshares Core Msci Europe ETF	0.07%	22,459	$1M	held	—	2 q
SCHOSchwab Short-Term U.S. Treasury ETF	0.07%	27,196	$1M	held	—	2 q
EWJiShares MSCI Japan ETF	0.06%	16,695	$1M	held	—	2 q
DMACDiaMedica Therapeutics Inc.	0.04%	200,000	$802,000	added×4.0	+0.03 pp	4 q
EPPiShares MSCI Pacific ex Japan ETF	0.04%	15,512	$757,000	held	—	2 q
IEMGiShares Core MSCI Emerging Markets ETF	0.04%	12,485	$771,000	held	—	2 q
VGKVanguard FTSE Europe ETF	0.04%	11,972	$785,000	held	—	2 q
URTHiShares MSCI World ETF	0.02%	3,329	$421,000	held	—	2 q
EWCiShares MSCI Canada ETF	0.02%	12,531	$455,000	held	—	2 q
AESAES Corporation	0.00%	900	$21,000	held	—	8 q
unresolvedD And Z Media Acq	0.00%	8,333	$5,000	new	0.00 pp	new
unresolvedLiberty Media Acquisition Co	0.00%	2,000	$3,000	new	0.00 pp	new
unresolvedNorthern Genesis Acq	0.00%	6,667	$7,000	new	0.00 pp	new
unresolvedSpartan Acquisition Corp III	0.00%	2,500	$3,000	new	0.00 pp	new
VTRVentas, Inc.	0.00%	1,342	$74,000	new	0.00 pp	new
unresolvedApollo Strategic	0.00%	4,000	$4,000	new	0.00 pp	new
unresolvedArctos Northstar Acquis Corp	0.00%	5,000	$4,000	new	0.00 pp	new
JWSWFJaws Mustang Acq Corp Wts	0.00%	6,250	$7,000	new	0.00 pp	new
unresolvedPontem Corp	0.00%	16,667	$12,000	new	0.00 pp	new
SNRNew Senior Investment Group Inc.	—	−3,253,200	—	exited	−1.60 pp	—
FOEFerro Corporation	—	−100,000	—	exited	−0.12 pp	—
unresolvedCredit Suisse Group Spon ADR	—	−100,000	—	exited	−0.06 pp	—
unresolvedPontem Corp	—	−50,000	—	exited	−0.03 pp	—
CRBNiShares Low Carbon Optimized MSCI ACWI ETF	—	−2,000	—	exited	−0.02 pp	—
unresolvedD And Z Media Acquisition Co	—	−25,000	—	exited	−0.01 pp	—
unresolvedLiberty Media Acquisition Co	—	−10,000	—	exited	−0.01 pp	—
NGAB.UNorthern Genesis Acquisition	—	−20,000	—	exited	−0.01 pp	—
unresolvedSpartan Acquisition Corp III	—	−10,000	—	exited	−0.01 pp	—
GBTGGlobal Business Travel Group, Inc.	—	−20,000	—	exited	−0.01 pp	—
unresolvedArctos Northstar Acquis Corp	—	−25,000	—	exited	−0.01 pp	—
JWSMFJaws Mustang Acq Corp A	—	−25,000	—	exited	−0.01 pp	—

Source

Form: 13F-HR
Reading: 0 defects · 11 unresolved
Accession: 0001567619-21-020244
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet

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