- Leon Cooperman’s 13F portfolio value increased from $2.57B to $2.67B this quarter.
- Omega Advisors increased AMC Networks, Shire plc and United Continental.
- Alphabet, AMC Networks, and Shire plc are the largest three individual stock positions.
Leon Cooperman’s 13F portfolio value increased ~4% from
$2.57B to $2.67B this quarter. Although the 13F report has ~70 positions, the
portfolio is concentrated with the top five holdings accounting for almost a
quarter of the entire portfolio: Alphabet Inc. (GOOG), AMC Networks (AMCX), Shire
plc (SHPG), United Continental Holdings (UAL), and First Data Corporation (FDC).
Below is a summary:
Alphabet Inc. (GOOG):
GOOG is now the second-largest 13F positon at 6.41% of the portfolio. The
bulk of the original stake was purchased in Q2 & Q3 2015 at prices between
$530 and $675. It had since been sold down. Q1 2017 saw a ~15% increase at prices
between $787 and $852. The stock is now at $1,098. There was a marginal
increase last quarter.
DowDupont(DWDP):
DWDP is a 3.43% of the US long portfolio stake. The bulk of the position was
purchased in Q1 2015 at prices between $44 and $53. Q2 2016 saw a ~10% trimming
and that was followed with another ~20% selling the following quarter at prices
between $48 and $54. The stock currently trades at ~$66. There was a ~6% trimming
this quarter.
Below is a spreadsheet that shows the changes to Leon Cooperman's
Omega Advisors US long portfolio holdings as of Q4 2017. For a look at how the
portfolio has progressed, see our previous update:
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