Billionaire Leon Cooperman Is Buying These 5 Stocks

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In this article, we discuss 5 stocks that billionaire Leon Cooperman is buying. If you want to read our detailed analysis of these stocks, go directly to Billionaire Leon Cooperman Is Buying These 10 Stocks

5. Ellington Financial Inc. (NYSE:EFC)

Number of Hedge Fund Holders: 10

Percentage Increase in Stake During Q4: 14%

Ellington Financial Inc. (NYSE:EFC) is a Connecticut-based real estate investment trust. Elite hedge funds are bullish on the stock. Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Millennium Management is a leading shareholder in Ellington Financial Inc. (NYSE:EFC), with 1.1 million shares worth more than $21 million. 

Securities filings show that Omega Advisors owned 860,000 shares of Ellington Financial Inc. (NYSE:EFC) at the end of December 2021 worth $14.6 million, representing 0.73% of the portfolio. The company has been in the Omega portfolio since early 2019. 

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