Billionaire Leon Cooperman’s Family, Children, and Investments: Top 5 Stocks

In this piece, we will take a look at the top five stock picks of billionaire Leon Cooperman. For a detailed look at his family, children, and career, check out Billionaire Leon Cooperman’s Family, Children, and Investments.

5. WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Omega Advisors’ Latest Investment Stake: $132.9 million

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) is a real estate firm that operates in the office space and storage space industries. It’s another highly rated stock in the list of Leon Cooperman’s top investments as the shares are rated Strong Buy on average. The average share price target is $54.50.

For their Q4 2023 shareholdings, 53 out of the 933 hedge funds part of Insider Monkey’s database were WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)’s shareholders. Leon Cooperman’s Omega Advisors owned the biggest stake which is worth $132 million.

4. Lithia Motors, Inc. (NYSE:LAD)

Omega Advisors’ Latest Investment Stake: $137 million

Lithia Motors, Inc. (NYSE:LAD) is a car retailer that sells old and new cars and provides associated services such as financing and maintenance. The firm expanded its operational footprint in March 2024 when it bought a luxury car retailer in Minnesota to add millions of dollars to its revenue.

After digging through 933 hedge funds for their fourth quarter of 2023 investments, Insider Monke found that 27 had invested in the firm. Lithia Motors, Inc. (NYSE:LAD)’s largest hedge fund investor is David Abrams’ Abrams Capital Management as it owns $787 million worth of shares.

3. Apollo Global Management, Inc. (NYSE:APO)

Omega Advisors’ Latest Investment Stake: $151 million

Apollo Global Management, Inc. (NYSE:APO) is one of the biggest asset management companies in the world. Headquartered in New York City, it has a presence in Asia, Europe, and other regions. The firm sought to expand its presence in the automotive industry in March 2024 when it signed a deal to buy a majority stake in Panasonic Automotive Systems.

As of December 2023 end, 77 out of the 933 hedge funds profiled by Insider Monkey were Apollo Global Management, Inc. (NYSE:APO)’s shareholders. Chase Coleman and Feroze Dewan’s Tiger Global Management LLC was the biggest shareholder through its $1.1 billion investment.

2. Energy Transfer LP (NYSE:ET)

Omega Advisors’ Latest Investment Stake: $166 million

Energy Transfer LP (NYSE:ET) is an oil and gas transportation and storage services provider headquartered in Dallas, Texas. Amidst navigating a pipeline dispute in Texas and Louisiana, the firm has struggled on the financial front as of late since it has missed analyst EPS estimates in three out of its four latest quarters.

By the end of last year’s fourth quarter, 34 out of the 933 hedge funds covered by Insider Monkey’s research had bought and owned the firm’s shares. Energy Transfer LP (NYSE:ET)’s biggest  shareholder is David Abrams’ Abrams Capital Management as it owns a $246 million stake.

1. Mr. Cooper Group Inc. (NASDAQ:COOP)

Omega Advisors’ Latest Investment Stake: $198.8 million

Mr. Cooper Group Inc. (NASDAQ:COOP) is a mortgage service and originator headquartered in Coppell, Texas. One of the biggest mortgage companies in the U.S., the shares are rated Buy on average and the average share price target is $84.

34 out of the 933 hedge funds part of Insider Monkey’s Q4 2023 database had held a stake in Mr. Cooper Group Inc. (NASDAQ:COOP). Leon Cooperman’s Omega Advisors was the largest shareholder since it owned $198 million in shares.

Disclosure: None. You can also take a look at the 11 Best Ethanol Stocks To Invest In Now and 15 Biggest Defense Companies in Asia.

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