Leon Cooperman's Omega Advisors Sells Apple, Gilead; Buys Humana, GM And IBM

In the hedge fund’s latest 13-F filing, Omega Advisors and CEO Leon Cooperman disclosed changes to the fund’s holdings that occurred during Q1 of 2015.

Here’s a list of some of the moves the fund made to its largest positions during the quarter.

Buys

• Acquired position in General Motors Company (NYSE: GM) totaling 1,839,423 shares
• Acquired position in Dow Chemical Co (NYSE: DOW) totaling 1,873,900 shares
• Acquired position in Mobileye NV (NYSE: MBLY) totaling 150,000 shares
• Acquired position in Humana Inc (NYSE: HUM) totaling 593,400 shares
• Acquired position in International Business Machines Corp. (NYSE: IBM) totaling 333,067 shares
• Acquired position in Oasis Petroleum Inc. (NYSE: OAS) totaling 420,500 shares
• Acquired position in Sears Holdings Corp (NASDAQ: SHLD) totaling 868,752 shares

Increases

• Increased position in AerCap Holdings N.V. (NYSE: AER) by 120,277 shares
• Increased position in Melco Crown Entertainment Ltd (NASDAQ: MPEL) by 1,033,500 shares
• Increased position in Kinder Morgan Inc (NYSE: KMI) by 1,912,629 shares
• Increased position in Chimera Investment Corporation (NYSE: CIM) by 10,426,336 shares
• Increased position in Citigroup Inc (NYSE: C) by 55,200 shares

Reductions

• Reduced position in Actavis Plc (NYSE: ACT) by 10,097 shares
• Reduced position in American International Group Inc (NYSE: AIG) by 137,700 shares
• Reduced position in Ashland Inc (NYSE: ASH) by 52,300 shares
• Reduced position in Caesars Entertainment Corp (NASDAQ: CZR) by 483,519 shares

Liquidations

• Liquidated position in Apple Inc. (NASDAQ: AAPL)
• Liquidated position in Gilead Sciences, Inc. (NASDAQ: GILD)
• Liquidated position in GrubHub Inc (NYSE: GRUB)
• Liquidated position in Ally Financial Inc (NYSE: ALLY)

These changes to Omega’s holdings that occurred during Q1 are merely some of the many adjustments the fund made to its portfolio. The fund’s full 13-F filing can be found here.