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Latest Picks From Hedge Fund Omega Advisors: KMI, ATLS, ESRX, WPI, HUM

August 13, 2012 | About:
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Hedge fund Omega advisors was founded by Leon Cooperman. It managers 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. 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.

As of 06/30/2012, Omega Advisors owns 78 stocks with a total value of $4.4 billion. These are the details of the buys and sells that have the impact to portfolio of more than 1%.

· New Purchases: KMI, ATLS, ESRX, WPI, HUM,

· Added Positions: AIG, SIRI, MMR, WU,

· Reduced Positions: MHP, JPM, CVS,

· Sold Out: GLD, APC, BAC,

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 29.2%
Oil & Gas 28.7%
Health Care 13.1%
Technology 11.2%
Consumer Services 7.8%
Telecom 3.5%
Industrials 3%
Consumer Goods 2.6%
Basic Materials 0.9%


These are the top 5 holdings of Leon Cooperman

  1. SLM Corp (SLM) - 15,209,724 shares, 5.4% of the total portfolio. Shares reduced by 11.09%
  2. Linn Energy, LLC (LINE) - 4,714,100 shares, 4.1% of the total portfolio. Shares reduced by 2.89%
  3. Atlas Pipeline Partners, L.P. (APL) - 5,184,303 shares, 3.6% of the total portfolio. Shares reduced by 3.33%
  4. Apple Inc. (AAPL) - 266,104 shares, 3.5% of the total portfolio. Shares reduced by 9.18%
  5. Kinder Morgan Inc (KMI) - 4,632,837 shares, 3.4% of the total portfolio. New Position


New Purchase: Kinder Morgan Inc (KMI)

Leon Cooperman initiated holdings in Kinder Morgan Inc. His purchase prices were between $30.79 and $40.09, with an estimated average price of $34.47. The impact to his portfolio due to this purchase was 3.4%. His holdings were 4,632,837 shares as of 06/30/2012.

New Purchase: Atlas Energy Lp (ATLS)

Leon Cooperman initiated holdings in Atlas Energy Lp. His purchase prices were between $28.57 and $39, with an estimated average price of $34.4. The impact to his portfolio due to this purchase was 2.6%. His holdings were 3,805,737 shares as of 06/30/2012.

New Purchase: Express Scripts Holding Company (ESRX)

Leon Cooperman initiated holdings in Express Scripts Holding Company. His purchase prices were between $50.59 and $58.58, with an estimated average price of $54.44. The impact to his portfolio due to this purchase was 2.3%. His holdings were 1,790,500 shares as of 06/30/2012.

New Purchase: Watson Pharmaceuticals, Inc. (WPI)

Leon Cooperman initiated holdings in Watson Pharmaceuticals, Inc.. His purchase prices were between $66.23 and $76.71, with an estimated average price of $70.59. The impact to his portfolio due to this purchase was 1.6%. His holdings were 938,300 shares as of 06/30/2012.

New Purchase: Humana Inc. (HUM)

Leon Cooperman initiated holdings in Humana Inc.. His purchase prices were between $74.22 and $92.05, with an estimated average price of $81.94. The impact to his portfolio due to this purchase was 1.3%. His holdings were 751,200 shares as of 06/30/2012.

Sold Out: Spdr Gold Trust (etf) (GLD)

Leon Cooperman sold out his holdings in Spdr Gold Trust (etf). His sale prices were between $148.94 and $162.92, with an estimated average price of $156.49.

Sold Out: Anadarko Petroleum Corporation (APC)

Leon Cooperman sold out his holdings in Anadarko Petroleum Corporation. His sale prices were between $57.35 and $78.31, with an estimated average price of $67.9.

Sold Out: Bank Of America Corp (BAC)

Leon Cooperman sold out his holdings in Bank Of America Corp. His sale prices were between $6.89 and $9.59, with an estimated average price of $7.93.

Added: American International Group, Inc. (AIG)

Leon Cooperman added to his holdings in American International Group, Inc. by 213.1%. His purchase prices were between $27.43 and $34.4, with an estimated average price of $31.13. The impact to his portfolio due to this purchase was 2.25%. His holdings were 4,586,900 shares as of 06/30/2012.

Added: Sirius Xm Radio Inc (SIRI)

Leon Cooperman added to his holdings in Sirius Xm Radio Inc by 1348.82%. His purchase prices were between $1.82 and $2.35, with an estimated average price of $2.05. The impact to his portfolio due to this purchase was 2.23%. His holdings were 58,532,503 shares as of 06/30/2012.

Added: Mcmoran Exploration Co (MMR)

Leon Cooperman added to his holdings in Mcmoran Exploration Co by 135.22%. His purchase prices were between $7.91 and $12.94, with an estimated average price of $9.32. The impact to his portfolio due to this purchase was 1.15%. His holdings were 7,133,800 shares as of 06/30/2012.

Added: The Western Union Company (WU)

Leon Cooperman added to his holdings in The Western Union Company by 194.62%. His purchase prices were between $15.94 and $18.5, with an estimated average price of $17.17. The impact to his portfolio due to this purchase was 1.12%. His holdings were 4,343,713 shares as of 06/30/2012.

Reduced: The Mcgraw-hill Companies, Inc. (MHP)

Leon Cooperman reduced to his holdings in The Mcgraw-hill Companies, Inc. by 66.14%. His sale prices were between $42.31 and $49.65, with an estimated average price of $46.08. The impact to his portfolio due to this sale was -1.65%. Leon Cooperman still held 865,300 shares as of 06/30/2012.

Reduced: Jpmorgan Chase & Co. (JPM)

Leon Cooperman reduced to his holdings in Jpmorgan Chase & Co. by 64.39%. His sale prices were between $31.51 and $45.67, with an estimated average price of $38.39. The impact to his portfolio due to this sale was -1.29%. Leon Cooperman still held 790,764 shares as of 06/30/2012.

Reduced: Cvs Caremark Corporation (CVS)

Leon Cooperman reduced to his holdings in Cvs Caremark Corporation by 68.42%. His sale prices were between $43.14 and $46.49, with an estimated average price of $44.87. The impact to his portfolio due to this sale was -1.16%. Leon Cooperman still held 596,955 shares as of 06/30/2012.

Here is the complete portfolio of Leon Cooperman. Also check out the Undervalued Stocks, Top Growth Companies, and High Yield stocks of Leon Cooperman.


Rating: 3.2/5 (5 votes)

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