SEC 13F Intelligence

Notable Investors / Q4 2018

Leon Cooperman’s Portfolio — Omega Advisors Inc.NEW FILER

Chairman & CEO, Omega Advisors (family office)

CIK 0000898202 · 810 SEVENTH AVENUE, 33RD FL., NEW YORK, NY, 10019 · 212-495-5200

About Leon Cooperman

Leon Cooperman rose from Goldman Sachs's research chief to found Omega Advisors, compiling a strong multi-decade value record before converting to a family office in 2018. He remains one of the most quotable market veterans on financial television.

His 13F is classic Cooperman: a diversified book of cheap-on-earnings equities — energy, financials, homebuilders — plus long-held favorites, managed with the stock-picker's instinct of a Goldman research veteran.

Portfolio data below is from Omega Advisors Inc.’s SEC 13F filings. View the full filer page →

Reported Value
$1.0B
Q4 2018
Positions
35
Filings on Record
1
2019–present window
Filed
Feb 14, 2019
original filing

Summary

Omega Advisors Inc. reported $1.0B in U.S.-listed holdings across 35 positions for Q4 2018.

Its largest position, UAL, represents 9.5% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+56.1%
share of reported value
Largest Position
+9.5%
United Continental Holdings In

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $1.0BQ4 ’18filingsflow.com

Portfolio Composition

By security type
Common Stock: 80.2%Other: 16.8%MLP: 2.9%REIT: 0.1%
  • Common Stock · 80.2% · $821M
  • Other · 16.8% · $172M
  • MLP · 2.9% · $30M
  • REIT · 0.1% · $1M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
UALUNITED CONTINENTAL HOLDINGS INNEW+1.16M1.16M+$97M$97M
GOOGLALPHABET INCNEW+82.4K82.4K+$86M$86M
NIELSEN NVNEW+2.63M2.63M+$61M$61M
ASHASHLAND GLOBAL HOLDINGS INCNEW+766.6K766.6K+$54M$54M
CVSCVS HEALTH CORPNEW+795.9K795.9K+$52M$52M
DOWDUPONT INCNEW+935.6K935.6K+$50M$50M
CICIGNA CORPNEW+247.9K247.9K+$47M$47M
AMCXEURAMC NETWORKS INCNEW+806.4K806.4K+$44M$44M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2018

35 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1UALUNITED CONTINENTAL HOLDINGS INhistory →COM9.50%$97M1.16M
2GOOGLALPHABET INChistory →CAP STK CL A8.41%$86M82.4K
3NIELSEN NVSHS EUR5.99%$61M2.63M
4ASHASHLAND GLOBAL HOLDINGS INChistory →COM5.32%$54M766.6K
5CVSCVS HEALTH CORPhistory →COM5.10%$52M795.9K
6DOWDUPONT INCCOM4.89%$50M935.6K
7CICIGNA CORPhistory →COM4.60%$47M247.9K
8AMCXEURAMC NETWORKS INChistory →CL A4.33%$44M806.4K
9NRANRG ENERGY INChistory →COM3.99%$41M1.03M
10FIRST DATA CORPCOM CL A3.95%$40M2.39M
11TRVCCITIGROUP INChistory →COM3.90%$40M765.6K
12TRNTRINITY INDUSTRIES INChistory →COM3.87%$40M1.92M
13WPXUSDWPX ENERGY INChistory →COM3.75%$38M3.38M
14PE1EURPARSLEY ENERGY INChistory →CL A2.95%$30M1.89M
15ETENERGY TRANSFER EQUITY LPhistory →COM UT LTD PTN2.89%$30M2.24M
16LORLUSDLORAL SPACE & COMMUNICATIONS Ihistory →COM2.85%$29M783.1K
17TMOTHERMO FISHER SCIENTIFIC INChistory →COM2.45%$25M112.2K
18MSFTMICROSOFT CORPhistory →COM2.44%$25M245.7K
19MPCMARATHON PETROLEUM CORPhistory →COM2.39%$24M413.5K
20PENNYMAC FINANCIAL SERVICES INCL A2.23%$23M1.07M
21UNHUNITEDHEALTH GROUP INChistory →COM2.12%$22M87.0K
22MR. COOPER GROUPCOM1.90%$19M1.66M
23MGYMAGNOIAL OIL & GAShistory →CL A1.84%$19M1.68M
24ALTISOURCE PORTFOLIO SOLUTIONSREG SHS1.77%$18M802.9K
25NABORS INDUSTRIES LTDSHS1.72%$18M8.78M
26OCN2EUROCWEN FINANCIAL CORPhistory →COM1.66%$17M12.67M
27HESHESS CORPhistory →COM1.49%$15M376.9K
28AMZNAMAZON.COM INChistory →COM1.10%$11M7.5K
29MVCMVC CAPITAL INChistory →COM0.16%$2M200.0K
30THL CREDIT INCCOM0.12%$1M200.0K
31CHIMERA INVESTMENT CORPCOM0.10%$1M60.0K
32ELLINGTON FINANCIAL LLCCOM0.09%$920,00060.0K
33ABRARBOR REALTY TRUST INChistory →COM0.08%$816,00081.0K
34NEW MEDIA INVESTMENT GROUP INCCOM0.03%$289,00025.0K
35SNR1USDNEW SENIOR INVESTMENT GROUP INhistory →COM0.03%$288,00070.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2018$1.0B35Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.