Cooperman’s Omega Advisors buys KBR, cuts Fiserv in Q4

Leon Cooperman’s Omega Advisors disclosed in an SEC filing its holdings as of December 31, 2024. The fund’s new buys during the fourth quarter included, by size of position, KBR (KBR), Las Vegas Sands (LVS), iShares MSCI Eafe ETF (EFA), iShares Core MSCI Europe ETF (IEUR), and iShares MSCI Japan ETF (EWJ). Omega exited two positions during the quarter, including by size of previous position DT Midstream (DTM) and CommScope (COMM). The fund increased its stakes in Finance of America (FOA), Elevance (ELV), Ashland (ASH), SunOpta (STKL), and Fidelis Insurance (FIHL), and reduced its stakes in Regal Rexnord (RRX), Lithia & Driveway (LAD), ADT (ADT), Fiserv (FI), and Arbor Realty Trust (ABR). Omega’s top holdings as of December 31, in order of size, were Mr Cooper (COOP), Energy Transfer (ET), Vertiv (VRT), Apollo Global (APO), and WillScot (WSC).