Billionaire Leon Cooperman is Crazy About these 5 Stocks

4. Athene Holding Ltd (NYSE: ATH)     

Cooperman’s Stake Value: $87,526,000
Percentage of Leon Cooperman’s 13F Portfolio: 5.46%
Number of Hedge Fund Holders: 44

Billionaire Leon Cooperman is crazy about Athene Holding Ltd (NYSE: ATH) as he raised his stake in the insurance company by 57% to 1.73 million shares, accounting for 5.46% of the overall portfolio. Cooperman’s strategy of adding more ATH shares moved in the right direction. This is because the share of Athene Holding grew 45% year to date, extending the twelve-month gains to 76%.

Prominent investors were turning bullish. The number of long hedge fund bets moved up by 8 in recent months. Athene Holding was in 44 hedge funds’ portfolios at the end of the first quarter of 2021 compared to 36 positions in the previous quarter. The all-time high for this statistic is 50.