Billionaire Leon Cooperman’s Long-Term Stock Picks: Top 5 Stocks

4. Bank of America Corporation (NYSE:BAC)

Omega Advisor’s Q3 2023 Investment Value: $10.9 million

First Purchase: 2011

Bank of America Corporation (NYSE:BAC) is one of the largest domestic banks in America. After first owning the shares in Q1 2011 and Q1 2012, Leon Cooperman resumed his investment in Q1 2022 and has owned the shares since then. Bank of America Corporation (NYSE:BAC) is also quite a favorite investment of value investors, with Warren Buffett’s Berkshire Hathaway being its biggest shareholder in Q3 2023 through a massive $28.2 billion stake.

Along with Mr. Buffett’s firm, 90 hedge funds part of Insider Monkey’s database were Bank of America Corporation (NYSE:BAC)’s shareholders as of June 2023.

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