Billionaire Leon Cooperman’s Family, Children, and Investments: Top 5 Stocks

4. Lithia Motors, Inc. (NYSE:LAD)

Omega Advisors’ Latest Investment Stake: $137 million

Lithia Motors, Inc. (NYSE:LAD) is a car retailer that sells old and new cars and provides associated services such as financing and maintenance. The firm expanded its operational footprint in March 2024 when it bought a luxury car retailer in Minnesota to add millions of dollars to its revenue.

After digging through 933 hedge funds for their fourth quarter of 2023 investments, Insider Monke found that 27 had invested in the firm. Lithia Motors, Inc. (NYSE:LAD)’s largest hedge fund investor is David Abrams’ Abrams Capital Management as it owns $787 million worth of shares.

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