Billionaire Leon Cooperman Is Selling These 5 Stocks

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1. Liberty Media Acquisition Corporation (NASDAQ:LMACA)

Number of Hedge Fund Holders: N/A

Percentage Decrease in Stake During Q3: 100%  

Liberty Media Acquisition Corporation (NASDAQ:LMACA) is another SPAC that Cooperman exited completely in the third quarter. The SPAC had gone public in January this year, raising $575 million at the initial offering.

Liberty Media Acquisition Corporation (NASDAQ:LMACA) concentrates on merges in the music and entertainment industries.

Among the hedge funds being tracked by Insider Monkey, Boston-based investment firm Baupost Group is a leading shareholder in Liberty Media Acquisition Corporation (NASDAQ:LMACA) with 3.2 million shares worth more than $32 million. 

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