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Leon Cooperman, Wall Street Legend, Explains Why He Settled With An 'Abusive' SEC
Tuesday, May 30, 2017 - 5:13pm | 313Legendary Wall Street investor and hedge fund manager Leon Cooperman has settled insider trading charges filed against him with the SEC, to the tune of $4.9 million, despite claiming he would have won the case. The Omega Advisors chairman and CEO appeared on CNBC Tuesday to discuss why he chose to...
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25 Interesting Facts About Forbes' 25 Highest-Earning Hedge Fund Managers
Tuesday, March 28, 2017 - 4:17pm | 1379Forbes was out with its compilation of the 25 highest-earnings hedge fund managers and traders. In the same vein, Benzinga is presenting readers with interesting facts about the 25 successful hedge fund managers/traders. 1. James Simons Of Renaissance Technologies Corp. The flagship fund of...
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Here Are Some Of Leon Cooperman's Top Stock Picks For 2017
Thursday, January 5, 2017 - 4:46pm | 309Famed hedge fund manager Leon Cooperman was a guest on CNBC's "Halftime Report" segment on Thursday and shared his top investment ideas for 2017. Here is a summary of what the chairman and CEO of Omega Advisors recommends. 7 Names To Follow Walgreens Boots Alliance Inc (NASDAQ: WBA) is one of the...
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Apple Is The World's Most Valuable Company, But Among Active Fund Managers' Least-Favorite Stocks
Tuesday, December 27, 2016 - 11:51am | 341According to new analysis from UBS Group, actively-managed funds are more underweight Apple Inc. (NASDAQ: AAPL) than any other stock relative to its benchmark weighting. TD Ameritrade data confirms the UBS evidence that traders seem to be taking profits in Apple. As of December 15, Apple was among...
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Leon Cooperman Could Have Been Forced Out Of The Hedge Fund Industry As Part Of An SEC Settlement
Thursday, October 13, 2016 - 9:04am | 384The U.S. Securities and Exchange Commission charged billionaire hedge fund manager Leon Cooperman with insider trading in September. The notable and well respected fund manager is accused of buying additional shares of Atlas Pipeline Partners ahead of the company's decision to sell its operating...
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SEC Charges Billionaire Hedge Fund Manager Leon Cooperman With Insider Trading
Wednesday, September 21, 2016 - 1:16pm | 300One of the richest and most respected hedge fund managers in the world has been charged with insider trading. On Wednesday, the SEC charged billionaire hedge fund manager Leon Cooperman and his Omega Advisors fund with purchasing shares of Atlas Pipeline Partners based on non-public information...
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Low-Flying Airline Multiples Are On Hedge Fund Manager Leon Cooperman's Radar
Thursday, September 1, 2016 - 10:23am | 479Billionaire hedge fund manager Leon Cooperman was a guest on CNBC's "Fast Money: Halftime Report" Wednesday to discuss his holdings and views on the market. Cooperman said that he is attracted to the airline sector given stable fuel costs as well as a "ridiculously low" valuation for the group....
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4 Reasons Leon Cooperman Sells A Stock
Wednesday, August 31, 2016 - 4:07pm | 506Leon Cooperman, Wall Street pioneer and chairman of Omega Advisors, appeared on CNBC Wednesday. The reporters held on to his every word regarding his current take on the market, as the financial mogul shared his perspectives. Cooperman said his firm's exposure to equities is unusually low, around...
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Everything You Need To Know About Apple In The Hedge Fund World
Monday, May 16, 2016 - 5:13pm | 344Shares of Apple Inc. (NASDAQ: AAPL) gained 3.71 percent on Monday. The tech behemoth was among the most popular stocks among money managers. Below is a look into some of the most relevant 13F moves and positions seen in Apple in the January to March period. Stealing the thunder was Berkshire...
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Leon Cooperman Buys 227,000 Apple Shares, Adds More Microsoft
Monday, May 16, 2016 - 3:41pm | 376Leon Cooperman’s Omega Advisors recently filed its first quarter 13F, disclosing its long equity positions as of March 31 with the SEC. The firm declared holding an equity portfolio valued at $3.76 billion by the end of the quarter and it includes a stake in Apple Inc. (NASDAQ: AAPL)....
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Market Volatility Concerns Hedge Fund Managers
Monday, May 16, 2016 - 8:35am | 500The SkyBridge Alternatives Conference (SALT) is a congregation of experts in various sub-industries throughout the United States, each of whom have come together to facilitate balanced discussions and communication. Market volatility creates a level of uncertainty in the markets that can be...
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Leon Cooperman Thinks The Hedge Fund Industry Is Under Attack
Friday, May 13, 2016 - 9:55am | 340Hedge fund titan and CEO of Omega Advisors, Leon Cooperman, is concerned about the hedge fund industry's current environment. He is quoted as having warned, "The hedge-fund model is under challenge. It's under assault," according to a report on the Wall Street Journal. The report said Cooperman was...
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Sohn Strategy: Go Long The Shorts, Short The Longs
Thursday, May 5, 2016 - 1:57pm | 578This year’s Ira Sohn Conference took place on Wednesday, and high-profile investors and fund managers gave attendees plenty of investment advice. Unfortunately, the track record of Ira Sohn presenters is not so great. Here’s a rundown of some of last year’s key stock picks: David...
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A Look Into 4 Small-Cap Stock Moves Leon Cooperman Disclosed On Thursday
Thursday, February 4, 2016 - 6:23pm | 349Leon Cooperman, investor and manager of hedge fund Omega Advisors, disclosed four stock moves on Thursday. The four 13G filings showed increases in the investors’ passive stakes in Altisource Portfolio Solutions S.A. (NASDAQ: ASPS), Arbor Realty Trust Inc (NYSE: ABR), Chimera...
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Leon Cooperman Might Be Up 60% On Resource America
Tuesday, December 29, 2015 - 2:33pm | 260Editor's note: A previous version of this article said the stake in Resource America was new, as of the 13D filing. That was incorrect; the stake was previously disclosed in an amended 13G filing in May 2015. During last Thursday's holiday-shortened trading session, Leon Cooperman of Omega...