Leon Cooperman, at the age of 75, closed his hedge fund Omega Advisors in 2018 to focus on personal investment pursuits. Post-shutdown, he opened a family office that managed $4.37 billion across seven clients as of September 2024. In the third quarter of 2024, Cooperman notably sold out of 12 stocks, reducing his holdings by 23%. However, he strategically increased his stake in Finance of America, indicating a shift towards fewer but potentially more robust investments. Overall, Cooperman’s current approach demonstrates a focus on significant positions in a more streamlined portfolio.
In Q3 2024, Leon Cooperman sold off 12 stocks, reducing his holdings by 23%, while still focusing on his fewer, more significant investments.
Despite reducing his number of stocks, Cooperman notably increased his position in Finance of America, signifying a strategic pivot in his investment approach.
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