Cooperman (Omega)

Q2 2022 13F · by Leon Cooperman, CEO

As of: Jun 30, 2022
Filed: Aug 31, 2023
US stock: $1.5B · prev $1.9B
Positions: 52 · prev 53
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%

Moves35 since the prior filing

+6.5 pp in · −8.1 pp out

New 3 +0.47 pp
Added 13 +5.98 pp
Trimmed 15 −4.10 pp
Exited 4 −3.99 pp

The book

Concentrated · behaves like 19 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 20% a year, about 5.1 years per position

Low
Moderate
High

Top 5 positions39% of US stock

GOOGL Alphabet Inc. Class A held held9.0%
DVN Devon Energy Corporation trimmed+0.42 pp trimmed+0.428.7%
COOP Mr. Cooper Group Inc. held held8.2%
CI The Cigna Group trimmed+0.98 pp trimmed+0.986.5%
ASH Ashland Inc. held held6.2%

Positions52 in this filing · 4 exited


GOOGLAlphabet Inc. Class A	8.99%	60,000	$131M	held	—	8 q
DVNDevon Energy Corporation	8.73%	2,304,300	$127M	trimmed−14%	+0.42 pp	6 q
COOPMr. Cooper Group Inc.	8.18%	3,239,000	$119M	held	—	15 q
CIThe Cigna Group	6.54%	360,873	$95M	trimmed−18%	+0.98 pp	15 q
ASHAshland Inc.	6.18%	871,965	$90M	held	—	24 q
APOApollo Global Management, Inc.	6.13%	1,838,400	$89M	held	—	2 q
ETEnergy Transfer LP	5.63%	8,200,000	$82M	added+4%	+0.98 pp	21 q
FISVFiserv, Inc.	5.26%	860,000	$77M	trimmed−17%	−0.24 pp	12 q
MPMP Materials Corp.	4.72%	2,139,900	$69M	held	—	7 q
WSCWillScot Holdings Corporation Class A	4.46%	2,000,000	$65M	added+4%	+0.50 pp	7 q
MSFTMicrosoft Corp	4.34%	245,705	$63M	held	—	27 q
CTRACoterra Energy Inc.	4.08%	2,300,000	$59M	trimmed−30%	−0.61 pp	5 q
PXDPioneer Natural Resource Co.	2.84%	185,000	$41M	added×2.6	+1.92 pp	6 q
LADLithia Motors, Inc.	2.83%	150,000	$41M	held	—	5 q
MIRMirion Technologies, Inc.	2.06%	5,203,320	$30M	added+51%	+0.60 pp	3 q
ABRArbor Realty Trust, Inc.	2.04%	2,267,694	$30M	trimmed−3%	−0.06 pp	31 q
unresolvedChimera Investment Corp	2.04%	3,322,394	$30M	trimmed−5%	−0.21 pp	29 q
MSIMotorola Solutions, Inc. New	1.79%	124,000	$26M	added+24%	+0.51 pp	8 q
STKLSunOpta, Inc.	1.51%	2,820,000	$22M	added+6%	+0.81 pp	12 q
VRTVertiv Holdings Co Class A	1.37%	2,420,100	$20M	added+21%	−0.10 pp	8 q
CCitigroup Inc.	1.25%	395,000	$18M	added×2.1	+0.72 pp	19 q
LVSLas Vegas Sands Corp.	1.15%	500,000	$17M	trimmed−31%	−0.33 pp	4 q
VOOVanguard S&P 500 ETF	1.07%	44,746	$16M	held	—	5 q
TRNTrinity Industries, Inc.	1.00%	600,000	$15M	trimmed−54%	−1.35 pp	21 q
EFCEllington Financial Inc.	0.82%	810,000	$12M	trimmed−6%	+0.02 pp	14 q
BHCBausch Health Companies Inc	0.57%	1,000,000	$8M	trimmed−60%	−2.44 pp	5 q
unresolvedFinance Of America Cos Inc	0.56%	5,200,000	$8M	added+1%	−0.26 pp	5 q
unresolvedFirst Eagle Alternative Capi	0.53%	2,177,810	$8M	held	—	8 q
ASPUAspen Group Inc	0.51%	2,470,000	$7M	held	—	14 q
TDAYUSA TODAY Co., Inc.	0.47%	2,362,100	$7M	added+36%	+0.06 pp	34 q
WBDWarner Bros. Discovery, Inc. Series A	0.42%	450,000	$6M	new	+0.42 pp	new
ONITOnity Group Inc.	0.36%	192,921	$5M	added+47%	+0.20 pp	21 q
EFAiShares MSCI EAFE ETF	0.28%	65,750	$4M	trimmed−11%	−0.01 pp	5 q
BACBank of America Corporation	0.21%	100,000	$3M	added+25%	+0.04 pp	2 q
SMTSFSierra Metals Inc	0.21%	3,735,370	$3M	added+9%	0.00 pp	11 q
unresolvedVirgin Orbit Holdings Inc	0.13%	484,758	$2M	trimmed−5%	−0.07 pp	3 q
BBDCBarings BDC, Inc.	0.12%	190,608	$2M	trimmed−58%	−0.13 pp	7 q
DMACDiaMedica Therapeutics Inc.	0.11%	812,508	$2M	held	—	7 q
IVWiShares S&P 500 Growth ETF	0.10%	23,214	$1M	held	—	5 q
IIshares Core Msci Europe ETF	0.09%	29,716	$1M	held	—	5 q
EPPiShares MSCI Pacific ex Japan ETF	0.05%	16,605	$691,432	held	—	5 q
EWJiShares MSCI Japan ETF	0.05%	12,481	$659,371	held	—	5 q
VGKVanguard FTSE Europe ETF	0.04%	11,972	$632,361	held	—	5 q
EWCiShares MSCI Canada ETF	0.03%	12,531	$422,044	held	—	5 q
IEIiShares 3-7 Year Treasury Bond ETF	0.03%	3,996	$476,883	new	+0.03 pp	new
RTIXRTI Surgical Holdings, Inc.	0.03%	124,999	$426,247	trimmed−97%	−0.03 pp	14 q
CUROCURO Group Holdings Corp.	0.02%	65,643	$363,006	new	+0.02 pp	new
URTHiShares MSCI World ETF	0.02%	3,329	$355,804	held	—	5 q
IEFiShares 7-10 Year Treasury Bond ETF	0.02%	3,249	$332,373	held	—	2 q
unresolvedVirgin Orbit Holdings Inc	0.02%	162,002	$285,885	held	—	2 q
OBDCBlue Owl Capital Corporation	0.01%	12,000	$147,960	trimmed−81%	−0.04 pp	7 q
AESAES Corporation	0.00%	900	$18,909	held	—	11 q
GMGeneral Motors Company	—	−750,000	—	exited	−1.73 pp	—
AMZNAmazon.Com Inc	—	−200,000	—	exited	−1.72 pp	—
DISCADiscovery, Inc. Series A	—	−305,000	—	exited	−0.40 pp	—
PFSIPennyMac Financial Services, Inc.	—	−50,000	—	exited	−0.14 pp	—

Source

Form: 13F-HR
Reading: 0 defects · 5 unresolved
Accession: 0000945621-23-000468
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet

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