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Hedge Fund Omega Advisors Q2 Update: Buys EP, EBAY, BSX, CEPH, TK, HAS, LL, BBY, SDT

gurufocus

gurufocus

370 followers
Leon Cooperman of Omega Advisors is the Guru we just added into our List of Gurus. The firm manages about $6 billion. Mr. Cooperman was the CEO and Chairman of Goldman Sachs Asset Management. He worked at Goldman Sachs for 25 years. In 1991, he left Goldman and started Omega Advisors. He was a graduate of Columbia Business School, joined Goldman at the age of 24. In 1991, Mr. Cooper founded Omega Advisors with $450 million in capital. Leon Cooperman combines his macro view and fundamental valuation in his investing strategy. He does try to predict the market direction, but his pays close attention to valuations, too.

To understand more about Leon Cooperman, please read:

· Market Insights from Leon Cooperman and Mario Gabelli

· Leon Cooperman Rebuts Michael Steinhardt on Hedge Fund and Warren Buffett

As of 06/30/2011, Omega Advisors owns 70 stocks with a total value of $4.4 billion. These are the details of the buys and sells.

This is the portfolio chart of Leon Cooperman. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.



For the details of Leon Cooperman's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Leon+Cooperman

This is the sector weightings of his portfolio:

Financials 22.8%
Oil & Gas 22.7%
Consumer Services 16.4%
Health Care 11.7%
Industrials 6.8%
Not Assigned 6.3%
Consumer Goods 5.6%
Technology 3.5%
Basic Materials 1.3%
Telecommunications 0.8%


These are the top 5 holdings of Leon Cooperman

  1. SLM Corp. (SLM) - 17,952,900 shares, 6.8656% of the total portfolio. Shares added by 0.09%
  2. Atlas Pipeline Partners L.P. (APL) - 5,639,218 shares, 4.2284% of the total portfolio.
  3. Teva Pharmaceutical Industries Ltd. (TEVA) - 3,362,444 shares, 3.6886% of the total portfolio. Shares added by 48.92%
  4. Linn Energy LLC (LINE) - 4,069,000 shares, 3.6166% of the total portfolio.
  5. KKR Financial Holdings (KFN) - 15,430,867 shares, 3.4438% of the total portfolio.


Added: Sunoco Inc. (SUN)

Leon Cooperman added to his holdings in Sunoco Inc. by 108.76%. His purchase prices were between $38.92 and $46.39, with an estimated average price of $41.16. The impact to his portfolio due to this purchase was 1.47%. His holdings were 2,975,012 shares as of 06/30/2011.

Added: Teva Pharmaceutical Industries Ltd. (TEVA)

Leon Cooperman added to his holdings in Teva Pharmaceutical Industries Ltd. by 48.92%. His purchase prices were between $45.01 and $50.9, with an estimated average price of $48.68. The impact to his portfolio due to this purchase was 1.21%. His holdings were 3,362,444 shares as of 06/30/2011.

Added: Time Warner Inc. (TWX)

Leon Cooperman added to his holdings in Time Warner Inc. by 42.77%. His purchase prices were between $34.46 and $37.86, with an estimated average price of $35.8. The impact to his portfolio due to this purchase was 0.61%. His holdings were 2,441,399 shares as of 06/30/2011.

Added: Citrix Systems Inc. (CTXS)

Leon Cooperman added to his holdings in Citrix Systems Inc. by 40.14%. His purchase prices were between $72.59 and $87.62, with an estimated average price of $79.6. The impact to his portfolio due to this purchase was 0.56%. His holdings were 1,083,699 shares as of 06/30/2011.

Added: Valassis Communications Inc. (VCI)

Leon Cooperman added to his holdings in Valassis Communications Inc. by 143.29%. His purchase prices were between $25.9 and $30.09, with an estimated average price of $28.38. The impact to his portfolio due to this purchase was 0.55%. His holdings were 1,360,236 shares as of 06/30/2011.

Added: Transocean (RIG)

Leon Cooperman added to his holdings in Transocean by 43.92%. His purchase prices were between $59.81 and $80.99, with an estimated average price of $69.09. The impact to his portfolio due to this purchase was 0.5%. His holdings were 1,119,145 shares as of 06/30/2011.

Added: General Motors (GM)

Leon Cooperman added to his holdings in General Motors by 22.4%. His purchase prices were between $28.56 and $33.04, with an estimated average price of $30.7. The impact to his portfolio due to this purchase was 0.49%. His holdings were 3,896,837 shares as of 06/30/2011.

Added: Denbury Resources Inc. (DNR)

Leon Cooperman added to his holdings in Denbury Resources Inc. by 33.47%. His purchase prices were between $18.7 and $24.86, with an estimated average price of $21.17. The impact to his portfolio due to this purchase was 0.47%. His holdings were 4,107,927 shares as of 06/30/2011.

Added: Pnc Financial Services Group Inc. (PNC)

Leon Cooperman added to his holdings in Pnc Financial Services Group Inc. by 119.18%. His purchase prices were between $56.61 and $64.13, with an estimated average price of $61.03. The impact to his portfolio due to this purchase was 0.32%. His holdings were 435,724 shares as of 06/30/2011.

Added: Aon Corp. (AON)

Leon Cooperman added to his holdings in Aon Corp. by 48.24%. His purchase prices were between $49.12 and $53.8, with an estimated average price of $51.76. The impact to his portfolio due to this purchase was 0.31%. His holdings were 818,311 shares as of 06/30/2011.

Added: Wendys International Inc. (WEN)

Leon Cooperman added to his holdings in Wendys International Inc. by 693.61%. His purchase prices were between $4.52 and $5.14, with an estimated average price of $4.87. The impact to his portfolio due to this purchase was 0.31%. His holdings were 3,057,194 shares as of 06/30/2011.

Added: Discovery Communications Inc. Series C (DISCK)

Leon Cooperman added to his holdings in Discovery Communications Inc. Series C by 13.37%. His purchase prices were between $35.46 and $40.21, with an estimated average price of $37.52. The impact to his portfolio due to this purchase was 0.3%. His holdings were 3,051,691 shares as of 06/30/2011.

Added: Cvs Caremark (CVS)

Leon Cooperman added to his holdings in Cvs Caremark by 15.21%. His purchase prices were between $34.77 and $38.8, with an estimated average price of $37.06. The impact to his portfolio due to this purchase was 0.28%. His holdings were 2,451,655 shares as of 06/30/2011.

Added: Apple Inc. (AAPL)

Leon Cooperman added to his holdings in Apple Inc. by 44.38%. His purchase prices were between $315.32 and $353.009, with an estimated average price of $337.64. The impact to his portfolio due to this purchase was 0.27%. His holdings were 116,084 shares as of 06/30/2011.

Added: E*trade Financial Corp. (ETFC)

Leon Cooperman added to his holdings in E*trade Financial Corp. by 12.78%. His purchase prices were between $13.38 and $16.8, with an estimated average price of $15.24. The impact to his portfolio due to this purchase was 0.27%. His holdings were 7,484,232 shares as of 06/30/2011.

Added: Metlife Inc. (MET)

Leon Cooperman added to his holdings in Metlife Inc. by 22.23%. His purchase prices were between $39.24 and $46.79, with an estimated average price of $43.49. The impact to his portfolio due to this purchase was 0.23%. His holdings were 1,290,885 shares as of 06/30/2011.

Added: Ace Ltd. (ACE)

Leon Cooperman added to his holdings in Ace Ltd. by 17.39%. His purchase prices were between $63.95 and $69.35, with an estimated average price of $66.57. The impact to his portfolio due to this purchase was 0.19%. His holdings were 866,593 shares as of 06/30/2011.

Added: Jp Morgan Chase (JPM)

Leon Cooperman added to his holdings in Jp Morgan Chase by 9.24%. His purchase prices were between $39.49 and $47.64, with an estimated average price of $43.33. The impact to his portfolio due to this purchase was 0.15%. His holdings were 1,883,364 shares as of 06/30/2011.

Added: Regal Entertainment Group Cl A (RGC)

Leon Cooperman added to his holdings in Regal Entertainment Group Cl A by 21.54%. His purchase prices were between $11.78 and $14.57, with an estimated average price of $13.28. The impact to his portfolio due to this purchase was 0.15%. His holdings were 3,076,625 shares as of 06/30/2011.

Added: Office Depot Inc. (ODP)

Leon Cooperman added to his holdings in Office Depot Inc. by 950.14%. His purchase prices were between $3.33 and $4.72, with an estimated average price of $4.13. The impact to his portfolio due to this purchase was 0.12%. His holdings were 1,401,944 shares as of 06/30/2011.

Added: Jabil Circuit Inc. (JBL)

Leon Cooperman added to his holdings in Jabil Circuit Inc. by 8.25%. His purchase prices were between $18.26 and $21.74, with an estimated average price of $20.03. The impact to his portfolio due to this purchase was 0.1%. His holdings were 2,986,644 shares as of 06/30/2011.

New Purchase: El Paso Corp. (EP)

Leon Cooperman initiated holdings in El Paso Corp.. His purchase prices were between $16.96 and $21.11, with an estimated average price of $19.17. The impact to his portfolio due to this purchase was 1.91%. His holdings were 4,152,400 shares as of 06/30/2011.

New Purchase: Ebay Inc. (EBAY)

Leon Cooperman initiated holdings in Ebay Inc.. His purchase prices were between $28.35 and $34.39, with an estimated average price of $31.34. The impact to his portfolio due to this purchase was 1.48%. His holdings were 2,015,000 shares as of 06/30/2011.

New Purchase: Boston Scientific Corp. (BSX)

Leon Cooperman initiated holdings in Boston Scientific Corp.. His purchase prices were between $6.57 and $7.79, with an estimated average price of $7.05. The impact to his portfolio due to this purchase was 1.41%. His holdings were 8,987,100 shares as of 06/30/2011.

New Purchase: Cephalon Inc. (CEPH)

Leon Cooperman initiated holdings in Cephalon Inc.. His purchase prices were between $75.38 and $80.11, with an estimated average price of $78.69. The impact to his portfolio due to this purchase was 1.33%. His holdings were 734,000 shares as of 06/30/2011.

New Purchase: Teekay (TK)

Leon Cooperman initiated holdings in Teekay. His purchase prices were between $30 and $37.18, with an estimated average price of $33.41. The impact to his portfolio due to this purchase was 1%. His holdings were 1,428,300 shares as of 06/30/2011.

New Purchase: Hasbro Inc. (HAS)

Leon Cooperman initiated holdings in Hasbro Inc.. His purchase prices were between $42.67 and $48.33, with an estimated average price of $45.64. The impact to his portfolio due to this purchase was 0.62%. His holdings were 625,000 shares as of 06/30/2011.

New Purchase: Lumber Liquidators Holdings (LL)

Leon Cooperman initiated holdings in Lumber Liquidators Holdings. His purchase prices were between $22.4 and $26.97, with an estimated average price of $24.83. The impact to his portfolio due to this purchase was 0.38%. His holdings were 661,000 shares as of 06/30/2011.

New Purchase: Best Buy Co. Inc. (BBY)

Leon Cooperman initiated holdings in Best Buy Co. Inc.. His purchase prices were between $28.15 and $32.48, with an estimated average price of $30.63. The impact to his portfolio due to this purchase was 0.27%. His holdings were 379,537 shares as of 06/30/2011.

New Purchase: Sandridge Mississippian Trust I (SDT)

Leon Cooperman initiated holdings in Sandridge Mississippian Trust I. His purchase prices were between $24.25 and $26.95, with an estimated average price of $25.61. The impact to his portfolio due to this purchase was 0.18%. His holdings were 300,000 shares as of 06/30/2011.

New Purchase: Dst Systems Inc. (DST)

Leon Cooperman initiated holdings in Dst Systems Inc.. His purchase prices were between $46.66 and $55.12, with an estimated average price of $49.92. The impact to his portfolio due to this purchase was 0.13%. His holdings were 109,800 shares as of 06/30/2011.

New Purchase: Loral Space And Communications Inc. (LORL)

Leon Cooperman initiated holdings in Loral Space And Communications Inc.. His purchase prices were between $63.2 and $79.77, with an estimated average price of $68.87. The impact to his portfolio due to this purchase was 0.08%. His holdings were 53,400 shares as of 06/30/2011.

New Purchase: Newell Rubbermaid Inc. (NWL)

Leon Cooperman initiated holdings in Newell Rubbermaid Inc.. His purchase prices were between $14.34 and $19.73, with an estimated average price of $17.43. The impact to his portfolio due to this purchase was 0.04%. His holdings were 106,540 shares as of 06/30/2011.

New Purchase: Sonic Corp. (SONC)

Leon Cooperman initiated holdings in Sonic Corp.. His purchase prices were between $8.88 and $11.8, with an estimated average price of $10.46. The impact to his portfolio due to this purchase was 0.04%. His holdings were 147,210 shares as of 06/30/2011.

New Purchase: Mcmoran Exploration Co. (MMR)

Leon Cooperman initiated holdings in Mcmoran Exploration Co.. His purchase prices were between $15.49 and $18.74, with an estimated average price of $17.09. The impact to his portfolio due to this purchase was 0.01%. His holdings were 32,500 shares as of 06/30/2011.

Reduced: Mgic Investment Corp. (MTG)

Leon Cooperman reduced to his holdings in Mgic Investment Corp. by 41.01%. His sale prices were between $5.74 and $9.4, with an estimated average price of $7.67. The impact to his portfolio due to this sale was -0.79%. Leon Cooperman still held 5,357,000 shares as of 06/30/2011.

Reduced: Walmart Stores (WMT)

Leon Cooperman reduced to his holdings in Walmart Stores by 38.41%. His sale prices were between $52.13 and $56.06, with an estimated average price of $53.92. The impact to his portfolio due to this sale was -0.45%. Leon Cooperman still held 585,284 shares as of 06/30/2011.

Reduced: Charming Shoppes Inc. (CHRS)

Leon Cooperman reduced to his holdings in Charming Shoppes Inc. by 23.06%. His sale prices were between $3.68 and $4.8, with an estimated average price of $4.22. The impact to his portfolio due to this sale was -0.21%. Leon Cooperman still held 6,859,039 shares as of 06/30/2011.

Reduced: International Business Machines Corp (IBM)

Leon Cooperman reduced to his holdings in International Business Machines Corp by 23.72%. His sale prices were between $162.33 and $172.87, with an estimated average price of $166.95. The impact to his portfolio due to this sale was -0.12%. Leon Cooperman still held 102,600 shares as of 06/30/2011.

Reduced: China Yuchai International Ltd. (CYD)

Leon Cooperman reduced to his holdings in China Yuchai International Ltd. by 27.07%. His sale prices were between $17.98 and $33.17, with an estimated average price of $25.34. The impact to his portfolio due to this sale was -0.1%. Leon Cooperman still held 403,800 shares as of 06/30/2011.

Sold Out: Microsoft Corp. (MSFT)

Leon Cooperman sold out his holdings in Microsoft Corp.. His sale prices were between $23.705 and $26.71, with an estimated average price of $25.04.

Sold Out: Verizon Communications Inc. (VZ)

Leon Cooperman sold out his holdings in Verizon Communications Inc.. His sale prices were between $35.12 and $38.61, with an estimated average price of $36.87.

Sold Out: Genon Energy (GEN)

Leon Cooperman sold out his holdings in Genon Energy. His sale prices were between $3.55 and $4.05, with an estimated average price of $3.81.

Sold Out: Citigroup Inc. (C)

Leon Cooperman sold out his holdings in Citigroup Inc.. His sale prices were between $36.81 and $45.9, with an estimated average price of $41.99.

Sold Out: Bank Of America Corp. (BAC)

Leon Cooperman sold out his holdings in Bank Of America Corp.. His sale prices were between $10.5 and $13.72, with an estimated average price of $11.84.

Sold Out: Encana Corp. (ECA)

Leon Cooperman sold out his holdings in Encana Corp.. His sale prices were between $28.95 and $34.9, with an estimated average price of $32.47.

Sold Out: Hewlettpackard Co. (HPQ)

Leon Cooperman sold out his holdings in Hewlettpackard Co.. His sale prices were between $34.26 and $41.57, with an estimated average price of $38.09.

Sold Out: Radian Group Inc. (RDN)

Leon Cooperman sold out his holdings in Radian Group Inc.. His sale prices were between $3.58 and $6.9, with an estimated average price of $5.06.

Sold Out: Qualcomm Inc. (QCOM)

Leon Cooperman sold out his holdings in Qualcomm Inc.. His sale prices were between $52.25 and $58.59, with an estimated average price of $55.57.

Sold Out: Pmi Group Inc. (PMI)

Leon Cooperman sold out his holdings in Pmi Group Inc.. His sale prices were between $1.04 and $2.68, with an estimated average price of $1.67.

Sold Out: Goodyear Tire & Rubber Co. (GT)

Leon Cooperman sold out his holdings in Goodyear Tire & Rubber Co.. His sale prices were between $14.61 and $18.72, with an estimated average price of $16.29.

Sold Out: Bp Plc Ads (BP)

Leon Cooperman sold out his holdings in Bp Plc Ads. His sale prices were between $41.8 and $46.86, with an estimated average price of $44.4.

Sold Out: Salesforce.com Inc. (CRM)

Leon Cooperman sold out his holdings in Salesforce.com Inc.. His sale prices were between $128.96 and $153.56, with an estimated average price of $139.1.

Sold Out: Abitibibowater (ABH)

Leon Cooperman sold out his holdings in Abitibibowater. His sale prices were between $20.04 and $27.59, with an estimated average price of $24.6.

Sold Out: Travelers Cos Inc. (TRV)

Leon Cooperman sold out his holdings in Travelers Cos Inc.. His sale prices were between $56.68 and $64.05, with an estimated average price of $60.62.

Sold Out: Gamestop Corp. Cl A (GME)

Leon Cooperman sold out his holdings in Gamestop Corp. Cl A. His sale prices were between $22.57 and $28.21, with an estimated average price of $26.14.

Sold Out: Hot Topic Inc. (HOTT)

Leon Cooperman sold out his holdings in Hot Topic Inc.. His sale prices were between $5.52 and $7.96, with an estimated average price of $7.03.

Sold Out: Ralcorp Holdings Inc. (RAH)

Leon Cooperman sold out his holdings in Ralcorp Holdings Inc.. His sale prices were between $68.18 and $90.51, with an estimated average price of $81.98.

Sold Out: Bebe Stores Inc. (BEBE)

Leon Cooperman sold out his holdings in Bebe Stores Inc.. His sale prices were between $5.81 and $7.04, with an estimated average price of $6.45.

Sold Out: Google Inc. (GOOG)

Leon Cooperman sold out his holdings in Google Inc.. His sale prices were between $474.88 and $591.8, with an estimated average price of $527.63.

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gurufocus
GuruFocus - Stock Picks and Market Insight of Gurus

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