Billionaire Lee Cooperman’s 5 Large-Cap Stock Picks

2. Athene Holding Ltd. (NYSE:ATH)

Number of Hedge Fund Holders: 43   

Athene Holding Ltd. (NYSE:ATH) is placed second on our list of 10 large-cap stock picks of billionaire Lee Cooperman. The firm provides retirement services and is based in Bermuda. Government filings show that Omega Advisors owned 1.7 million shares in the company at the end of June 2021 worth $117 million, representing 6.58% of the portfolio. 

On July 8, investment advisory Piper Sandler maintained a Neutral rating on Athene Holding Ltd. (NYSE:ATH) stock and raised the price target to $72.72 from $66.10. John Barnidge, an analyst at the advisory, issued the ratings update. 

At the end of the second quarter of 2021, 43 hedge funds in the database of Insider Monkey held stakes worth $1.6 billion in Athene Holding Ltd. (NYSE:ATH), down from 44 in the preceding quarter worth $1.3 billion.