29 Percent of Billionaire Cooperman’s Portfolio is Invested in These 5 Dividend Stocks

3. Vertiv Holdings Co (NYSE:VRT)

Number of Q4 2023 Hedge Fund Shareholders: 75

Cooperman’s Q4 2023 Stake: $112 million

Annual Dividend Yield: 0.12%

Vertiv Holdings Co (NYSE:VRT) is an industrial equipment company that sells power management products and provides software services. The firm made a crucial announcement in March 2024 when it outlined that it had joined NVIDIA Corporation’s partner network for accelerated computing technologies and artificial intelligence workloads.

As 2023’s final quarter ended, 75 out of the 933 hedge funds covered by Insider Monkey’s research had bought and owned Vertiv Holdings Co (NYSE:VRT)’s shares. Philippe Laffont’s Coatue Management was the largest shareholder through its $663 million stake.

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