Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Billionaire Leon Cooperman’s Recent Moves: Arbor Realty Trust, Inc. (ABR), Atlas Energy LP (ATLS) & Others

Leon Cooperman‘s Omega Advisors has recently adjusted its position in a few equities.

Mr. Cooperman now owns 3.39 million shares of  Arbor Realty Trust, Inc. (NYSE:ABR), which is 6.9% of all outstanding shares. Cooperman’s fund has also upped its stake in Atlas Energy LP (NYSE:ATLS). Omega now owns 4.4 million shares of the stock, 8.6% of all outstanding stock. Previously, Omega was long 4.0 million shares of Atlas.


Additionally, Cooperman has increased the fund’s position in Atlas Pipeline Partners, L.P. (NYSE:APL) to 7.8 million shares. Thus, Omega now owns 9.9% of all outstanding shares. Previously, the investor owned 4.3 million shares of the company.

Finally, Omega Advisors has sold off its shares of Polycom Inc (NASDAQ:PLCM). At the time of its last 13F filing, the fund disclosed ownership of 9.2 million shares of Polycom.

The three largest equity positions in the finance stock-heavy Omega Advisors equity portfolio are SLM Corp (NASDAQ:SLM), American International Group Inc (NYSE:AIG),  and Sirius XM Holdings Inc.(NASDAQ:SIRI).

Arbor Realty Trust, Inc. (NYSE:ABR) is a specialized real estate finance company that invests in a diversified portfolio of structured finance assets in the multi-family and commercial real estate markets. Outside of Omega, the largest positions among the funds we track belong to Chuck Royce‘s Royce & Associates, which owns 165,000 shares, J. Alan Reid, Jr.’s Forward Management, which owns 112,970 shares, and Anand Parekh‘s Alyeska Investment Group which is long 95,077 shares.

Atlas Energy LP (NYSE:ATLS) assets consist of the Company’s ownership interests in the Atlas Resource Partners, L.P. (ARP), an independent developer and producer of natural gas, crude oil and natural gas liquids (NGL), with operations in basins across the United States. Among the hedge funds we track, the largest positions belong to Remy Trafelet‘s Trafelet Capital, which owns 593,000 shares and Dmitry Balyasny’s Balyasny Asset Management, which owns, 655,918 shares.

Polycom Inc (NASDAQ:PLCM) is a provider of unified communications (UC) solutions and a provider of telepresence, video, voice and infrastructure solutions based on open standards. Kenneth Mario Garschina‘s Mason Capital Management is long 8.5 million shares of the stock. Starboard Value Lp, managed by Jeffrey Smith owns 2.8 million shares of of Polycom, and Cliff Asness‘ Aqr Capital Management is long 2.6 million shares of the equity.

Disclosure: none

Recommended Reading:

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.