Omega Advisors Inc. was founded in 1991 by Leon G. Cooperman. The firm bought shares in the following stocks during the second quarter.
The guru started a new position of 1,267,782 shares in NRG Energy Inc. (NRG, Financial). The trade had an impact on the portfolio of 1.35%.
The company operates in the utilities sector. It has a market cap of $10.36 billion and an enterprise value of $27.59 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. The return on equity of -372.61% and return on assets of -4.19% are underperforming 98% of companies in the Global Utilities - Independent Power Producers industry. Its financial strength is rated 3 out of 10. The cash-debt ratio of 0.06 is below the industry median of 0.17.
The largest shareholder among the guru is Jim Simons (Trades, Portfolio) with 1.84% of outstanding shares followed by David Tepper (Trades, Portfolio) with 0.85%.
The guru bought 381,800 shares in IQVIA Holdings Inc. (IQV). The trade had an impact of 1.33% on the portfolio.
The provider of technology-enabled healthcare services has a market cap of $25.56 billion and an enterprise value of $35.61 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 16.77% and return on assets of 5.72% are outperforming 77% of companies in the Global Diagnostics and Research industry. Its financial strength is rated of 4 out of 10. The cash-debt ratio of 0.09 is below the industry median of 3.52.
The largest shareholder of the company among the gurus is Steve Mandel (Trades, Portfolio) with 5% of outstanding shares followed by Larry Robbins (Trades, Portfolio) with 2.94% and Jim Vanguard Health Care Fund (Trades, Portfolio) with 0.79%.
The guru bought 625,000 shares in Lennar Corp. (LEN). The trade has a 1.14% impact on the portfolio.
The company provides homebuilding services. It has a market cap of $16.88 billion and an enterprise value of $26.94 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 10.13% and return on assets of 4.62% are outperforming 66% of companies in the Global Residential Construction industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.12 is below the industry median of 0.35.
Daniel Loeb (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 1.82% of outstanding shares followed by Andreas Halvorsen (Trades, Portfolio) with 1.65% and Third Avenue Management (Trades, Portfolio) with 0.8%.
The guru established a new position in Marathon Petroleum Corp. (MPC) buying 426,300 shares. This trade impacted the portfolio by 1.04%
The company offers refining, marketing, retail and transportation services in the oil and gas industry. It has a market cap of $37.83 billion and an enterprise value of $53.96 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. The return on equity of 28.82% and return on assets of 8.38% are outperforming 62% of companies in the Global Oil and Gas Refining and Marketing industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.29 is below the industry median of 0.61.
The largest shareholder of the company among the gurus is Steven Cohen (Trades, Portfolio) with 0.78% of outstanding shares followed by Loeb with 0.69% and Pioneer Investments (Trades, Portfolio) with 0.17%.
The firm acquired 406,600 shares in CVS Health Corp. (CVS), impacting the portfolio by 0.91%.
The company operates in the health care sector. It has a market cap of $76.04 billion and an enterprise value of $97.24 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 8.30% and return on assets of 2.74% are outperforming 61% of companies in the Global Health Care Plans industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.67 is below the industry median of 1.15.
Barrow, Hanley, Mewhinney & Strauss is the largest shareholder of the company among the gurus with 1.8% of outstanding shares followed by Bill Nygren (Trades, Portfolio) with 0.77% and Robbins with 0.53%.
The guru acquired a new position in KKR & Co. Inc. (KKR) buying 992,555 shares. The trade had an impact of 0.86%.
The global investment firm has a market cap of $21.63 billion and an enterprise value of $53.82 billion.
GuruFocus gives the company a profitability and growth rating of 1 out of 10. While the return on equity of 11.64% is outperforming the sector, the return on assets of 1.89% is underperforming 57% of companies in the Global Asset Management industry. Its financial strength is rated 3 out of 10. The cash-debt ratio of 0.16 is below the industry median of 0.16.
The largest shareholder of the company among the gurus is Jeff Ubben (Trades, Portfolio) with 6%% of outstanding shares followed by Chuck Akre (Trades, Portfolio) with 1.21% and John Rogers (Trades, Portfolio) with 0.82%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
