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Highlights of Omega Advisors’ 4Q14 positions

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Overview of Omega Advisors

Omega Advisors is a New York-based investment advisory firm founded in 1991 by Leon G. Cooperman. Omega Advisors filed its 13F with the Securities and Exchange Commission in February 2015.

The chart below outlines the main positions that Omega Advisors traded during the fourth quarter that ended in December 2014.

The hedge fund started new positions in Time Warner (TWX) and Gilead Sciences (GILD), while it sold its positions in Sprint (S), Thermo Fisher Scientific (TMO), and Halliburton (HAL). Omega Advisors increased its position in Ashland (ASH) and Groupon (GRPN). The fund decreased its position in Chimera Investment Group (CIM), JP Morgan Chase (JPM), and Apple (AAPL).

The size of the fund’s US long portfolio decreased from $6.79 billion in 3Q14 to $5.99 billion in the fourth quarter. Omega Advisors holdings included 90 stocks during the fourth quarter.

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Omega Advisors’ top ten holdings

The top holdings of Omega Advisors include positions in Actavis (4.05%), Citigroup (3.83%), American International Group (3.75%), and Navient (3.45%).

Most of the top holdings of Omega Advisors are a part of the SPDR S&P 500 ETF (SPY). The ETF tracks the overall performance of 500 publicly traded companies in the growth sector.

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