Billionaire Leon Cooperman is Crazy About these 5 Stocks

3. Cigna Corporation (NYSE: CI)

Cooperman’s Stake Value: $102,740,000
Percentage of Leon Cooperman’s 13F Portfolio: 6.4%
Number of Hedge Fund Holders: 53

Omega Advisors held a big stake in Cigna Corporation (NYSE: CI) at the end of the first quarter of 2020, accounting for 6.41% of the overall portfolio. Shares of Cigna contributed to Omega Advisors’ performance during the first quarter. Its share price soared 15% year to date. In addition, the company offers a dividend yield of 1.67% and its quarterly dividend is at $1 per share.

Prominent investors turned less optimistic. The number of long hedge fund bets declined by 4 in recent months. Athene Holding was in 53 hedge funds’ portfolios at the end of the first quarter of 2021 compared to 57 positions in the previous quarter.