Billionaire Leon Cooperman Is Selling These 5 Stocks

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

5. Barings BDC, Inc. (NYSE:BBDC)

Number of Hedge Fund Holders: 15 

Percentage Decrease in Stake During Q3: 36%

Barings BDC, Inc. (NYSE:BBDC) is an investment firm based in North Carolina. Regulatory filings show that Omega Advisors owned 733,439 shares in the company at the end of the third quarter of 2021 worth over $8 million, representing 0.42% of the portfolio. 

On October 7, investment advisory Oppenheimer initiated coverage of Barings BDC, Inc. (NYSE:BBDC) stock with an Outperform rating and a price target of $12. Analyst Mitchel Penn issued the ratings update. 

Among the hedge funds being tracked by Insider Monkey, Boston-based investment firm Callodine Capital Management is a leading shareholder in Barings BDC, Inc. (NYSE:BBDC) with 650,000 shares worth more than $7.1 million. 

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