Billionaire Leon Cooperman’s 2022 Portfolio: Top 5 Stock Picks

Page 1 of 5

In this piece, we will take a look at the top five stocks in billionaire Leon Cooperman’s 2022 portfolio. To learn more about the investor and discover more stocks, take a look at Billionaire Leon Cooperman’s 2022 Portfolio: Top 10 Stock Picks.

5. Fiserv, Inc. (NASDAQ:FISV)

Omega Advisors’ Stake Value: $106 million

Percentage of Omega Advisors’ 13F Portfolio: 5.37%

Number of Hedge Fund Holders: 58

Fiserv, Inc. (NASDAQ:FISV) is a payment and financial technology services provider headquartered in Brookfield, Wisconsin, United States. The company provides customer deposit and loan accounts, point of sale merchant services, and card based payments services.

Mr. Cooperman’s family office held a $106 million stake in Fiserv, Inc. (NASDAQ:FISV) by the end of December 2021, which came through owning one million shares. Insider Monkey’s 912 hedge fund survey for Q1 2022 outlined that 58 had bought the company’s shares.

Fiserv, Inc. (NASDAQ:FISV) bolstered its payment services portfolio in June 2022 by allowing its customers to also use digital checks to make large scale customer payments. Wells Fargo reduced the company’s share price target to $97 from $123 in July 2022, sharing that while it has a strong business model, inflationary concerns still merit some caution.

Fiserv, Inc. (NASDAQ:FISV)’s largest investor is Natixis Global Asset Management’s Harris Associates which owns 24 million shares that are worth $2.4 million.


Page 1 of 5