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Billionaire Leon Cooperman’s Recent Moves: Arbor Realty Trust, Inc. (ABR), Atlas Energy LP (ATLS) & Others

Leon Cooperman‘s Omega Advisors has recently adjusted its position in a few equities.

Mr. Cooperman now owns 3.39 million shares of  Arbor Realty Trust, Inc. (NYSE:ABR), which is 6.9% of all outstanding shares. Cooperman’s fund has also upped its stake in Atlas Energy LP (NYSE:ATLS). Omega now owns 4.4 million shares of the stock, 8.6% of all outstanding stock. Previously, Omega was long 4.0 million shares of Atlas.


Additionally, Cooperman has increased the fund’s position in Atlas Pipeline Partners, L.P. (NYSE:APL) to 7.8 million shares. Thus, Omega now owns 9.9% of all outstanding shares. Previously, the investor owned 4.3 million shares of the company.

Finally, Omega Advisors has sold off its shares of Polycom Inc (NASDAQ:PLCM). At the time of its last 13F filing, the fund disclosed ownership of 9.2 million shares of Polycom.

The three largest equity positions in the finance stock-heavy Omega Advisors equity portfolio are SLM Corp (NASDAQ:SLM), American International Group Inc (NYSE:AIG),  and Sirius XM Holdings Inc.(NASDAQ:SIRI).

Arbor Realty Trust, Inc. (NYSE:ABR) is a specialized real estate finance company that invests in a diversified portfolio of structured finance assets in the multi-family and commercial real estate markets. Outside of Omega, the largest positions among the funds we track belong to Chuck Royce‘s Royce & Associates, which owns 165,000 shares, J. Alan Reid, Jr.’s Forward Management, which owns 112,970 shares, and Anand Parekh‘s Alyeska Investment Group which is long 95,077 shares.

Atlas Energy LP (NYSE:ATLS) assets consist of the Company’s ownership interests in the Atlas Resource Partners, L.P. (ARP), an independent developer and producer of natural gas, crude oil and natural gas liquids (NGL), with operations in basins across the United States. Among the hedge funds we track, the largest positions belong to Remy Trafelet‘s Trafelet Capital, which owns 593,000 shares and Dmitry Balyasny’s Balyasny Asset Management, which owns, 655,918 shares.

Polycom Inc (NASDAQ:PLCM) is a provider of unified communications (UC) solutions and a provider of telepresence, video, voice and infrastructure solutions based on open standards. Kenneth Mario Garschina‘s Mason Capital Management is long 8.5 million shares of the stock. Starboard Value Lp, managed by Jeffrey Smith owns 2.8 million shares of of Polycom, and Cliff Asness‘ Aqr Capital Management is long 2.6 million shares of the equity.

Disclosure: none

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