5 Favorite Stocks of Billionaire Leon Cooperman

3. Athene Holding Ltd. (NYSE:ATH)

Omega Advisors’ Stake Value: $133,328,000

Percentage of Omega Advisors’ 13F Portfolio: 6.69%

Number of Hedge Fund Holders: N/A

Athene Holding Ltd. (NYSE:ATH) is an insurance company that offers retirement savings products for individuals and institutions in the United States, Bermuda, and Canada. Leon Cooperman’s hedge fund slashed its stake in Athene Holding Ltd. (NYSE:ATH) by 8% in Q4 2021, but still held 1.60 million shares of the company, worth $133.3 million. The stock represents 6.69% of the total 13F securities. 

Athene Holding Ltd. (NYSE:ATH)’s revenue for 2021 stood at $26.3 billion, up from $14.7 billion in the preceding year. The net income for 2021 came in at $3.85 billion, compared to $1.5 billion in 2020. 

Among the hedge funds tracked by Insider Monkey, Matthew Halbower’s Pentwater Capital Management held the biggest stake in Athene Holding Ltd. (NYSE:ATH) at the end of December 2021, with 2.2 million shares worth $189.5 million.