Omega Advisors Inc.

ContrarianHigh-turnover traderQuality / disciplined sizing

Total reported value

$1.0B

Reporting period: 2018-12-31 · Number of holdings: 35

Omega Advisors Inc. disclosed 35 holdings in its latest 13F filing for the period ending 2018-12-31, with total reported value of $1.0B and a quarterly turnover rate of 87.7%.

Personality snowflake

Concentration: 18.49
Portfolio Stability: 87.74
Momentum/Contrarian: 0
Sector conviction: 66.77
Diversification: 70
Sizing Uniformity: 92.02

Recent moves

Add CVS
+101.7%　$21.1M
Trim AMCX
-67.5%　-$120.4M
Trim MSFT
-73.3%　-$80.5M
Add NRG
-14.6%　-$4.3M
Add DD
-10.6%　-$17.3M
Add G6518L108
-27.7%　-$39.2M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	UAL	United Airlines Holdings INC	Stock-Industrials	9.50%	-0.60%	-55.68%
2	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	8.41%	+1.62%	-36.64%
3	✓		Stock-Other	5.99%	+1.64%	-27.69%
4	ASH	Ashland INC	Stock-Materials	5.32%	+1.35%	-29.97%
5	CVS	Cvs Health CORP	Stock-Healthcare	5.10%	+3.76%	+101.70%
6	DD	DuPont de Nemours, Inc.	Stock-Other	4.89%	+1.98%	-10.59%
7	CI	THE Cigna Group	Stock-Healthcare	4.60%	+4.60%	NEW
8	AMCX	Amc Global Media INC	Stock-Other	4.33%	-2.80%	-67.51%
9	NRG	Nrg Energy INC	Stock-Utilities	3.99%	+2.03%	-14.60%
10	FDC	First Data Corp- Class A	Stock-Other	3.95%	-1.49%	-53.50%
11	C	Citigroup INC	Stock-Financials	3.90%	+1.08%	-15.82%
12	TRN	Trinity Industries INC	Stock-Other	3.87%	+1.03%	+7.25%
13	WPXUSD	Wpx Energy INC	Stock-Other	3.75%	+0.33%	-13.87%
14	PE1EUR	Parsley Energy Inc-class A	Stock-Other	2.95%	+0.46%	-4.06%
15	ET	Energy Transfer LP	Stock-Energy	2.89%	+1.19%	-0.65%
16	LORLUSD	Loral Space & Communications	Stock-Other	2.85%	+0.99%	-17.17%
17	TMO	Thermo Fisher Scientific INC	Stock-Healthcare	2.45%	-0.17%	-54.79%
18	MSFT	Microsoft CORP	Stock-Tech	2.44%	-2.12%	-73.35%
19	MPC	Marathon Petroleum CORP	Stock-Energy	2.39%	+0.97%	+0.76%
20	PFSI	PennyMac Financial Services, Inc.	Stock-Other	2.23%	+1.20%	-5.39%
21	UNH	Unitedhealth Group INC	Stock-Healthcare	2.12%	-0.03%	-53.45%
22	07WA	Mr Cooper Group INC	Stock-Other	1.90%	+1.90%	NEW
23	MGY	Magnolia Oil & Gas CORP - A	Stock-Energy	1.84%	+0.54%	-15.83%
24	ASPSZ	Altisource Portfolio Solutions S.A.	Stock-Other	1.77%	+0.41%	-17.84%
25	NBR	Nabors Industries Ltd.	Stock-Other	1.72%	-1.06%	-15.84%
26	OCN2EUR	Ocwen Financial CORP	Stock-Other	1.66%	-0.80%	-12.14%
27	HES	Hess CORP	Stock-Other	1.49%	+0.10%	-15.71%
28	AMZN	Amazon.com INC	Stock-Consumer Disc	1.10%	+0.22%	-25.74%
29	MVC	Mvc Capital INC	Stock-Other	0.16%	+0.08%	—
30	TCRDUSD	First Eagle Alternative Capi	Stock-Other	0.12%	+0.05%	+5.26%
31	CIM	Chimera Investment Corporation	Stock-Other	0.10%	—	—
32	EFC	Ellington Financial Inc.	Stock-Other	0.09%	—	—
33	ABR	Arbor Realty Trust INC	Stock-Real Estate	0.08%	+0.04%	—
34	NEWMEUR	USA Today Co INC	Stock-Other	0.03%	-1.52%	-98.91%
35	SNR1USD	New Senior Investment Group	Stock-Other	0.03%	+0.01%	—

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2018-12-31	35	$1.0B	88	1UAL 2GOOGL3G6518L Top holdings2018-12-31 1.UAL 2.GOOGL 3.G6518L 4.ASH 5.CVS 6.DD 7.CI 8.AMCX 9.NRG 10.FDC
2018-09-30	50	$2.3B	43	1UAL 2AMCX 3GOOGL Top holdings2018-09-30 1.UAL 2.AMCX 3.GOOGL 4.FDC 5.MSFT 6.G6518L 7.2362120D 8.ASH 9.WPXUSD 10.DD
2018-06-30	85	$2.9B	34	1UAL 2GOOGL 3AMCX Top holdings2018-06-30 1.UAL 2.GOOGL 3.AMCX 4.FDC 5.MSFT 6.ASH 7.2362120D 8.DD 9.PE1EUR 10.WPXUSD
2018-03-31	85	$2.7B	40	1UAL 2GOOGL 3AMCX Top holdings2018-03-31 1.UAL 2.GOOGL 3.AMCX 4.FDC 5.MSFT 6.DD 7.ASH 8.AER 9.HES 10.PE1EUR
2017-12-31	72	$2.7B	47	1GOOGL 2AMCX382481R Top holdings2017-12-31 1.GOOGL 2.AMCX 3.82481R 4.UAL 5.FDC 6.MSFT 7.DD 8.AER 9.HES 10.WPXUSD
2017-09-30	84	$2.6B	39	1FDC 2GOOGL 3AER Top holdings2017-09-30 1.FDC 2.GOOGL 3.AER 4.UAL 5.82481R 6.DD 7.MSFT 8.AMCX 9.TIME1EUR 10.FNF
2017-06-30	81	$2.4B	41	1GOOGL 2FDC 3UAL Top holdings2017-06-30 1.GOOGL 2.FDC 3.UAL 4.AER 5.260543 6.AIG 7.82481R 8.MSFT 9.G0177J 10.DISH
2017-03-31	84	$2.5B	42	1GOOGL 2FDC 3UAL Top holdings2017-03-31 1.GOOGL 2.FDC 3.UAL 4.AER 5.AIG 6.260543 7.82481R 8.TIME1EUR 9.G0177J 10.DISH
2016-12-31	72	$2.3B	50	1UAL 2FDC 3SPB Top holdings2016-12-31 1.UAL 2.FDC 3.SPB 4.GOOGL 5.AER 6.AIG 7.260543 8.WBA 9.G0177J 10.82481R
2016-09-30	76	$3.2B	38	1FDC 2NAVI 3AER Top holdings2016-09-30 1.FDC 2.NAVI 3.AER 4.SPB 5.AIG 6.GOOGL 7.TRCO 8.G0177J 9.UAL 10.OMF
2016-06-30	80	$3.5B	33	1GOOGL 2FDC 3NAVI Top holdings2016-06-30 1.GOOGL 2.FDC 3.NAVI 4.AER 5.G0177J 6.AIG 7.TRCO 8.SPB 9.WBA 10.260543
2016-03-31	73	$3.8B	50	1GOOGL 2FDC 3AIG Top holdings2016-03-31 1.GOOGL 2.FDC 3.AIG 4.AER 5.NAVI 6.TRCO 7.G0177J 8.SPB 9.CIM 10.ASH
2015-12-31	68	$4.6B	55	1GOOGL 2AIG3G0177J Top holdings2015-12-31 1.GOOGL 2.AIG 3.G0177J 4.FDC 5.AER 6.CIM 7.NAVI 8.SPB 9.ASH 10.C
2015-09-30	86	$5.0B	55	138259P2G0177J3AER Top holdings2015-09-30 1.38259P 2.G0177J 3.AER 4.AIG 5.CIM 6.MSI 7.ASH 8.SIRIEUR 9.PFE 10.C
2015-06-30	105	$6.3B	57	1G0177J2AER 3SUNEQUSD Top holdings2015-06-30 1.G0177J 2.AER 3.SUNEQUSD 4.C 5.AIG 6.CIM 7.SIRIEUR 8.TRGP 9.MCK 10.MSI
2015-03-31	101	$6.3B	50	1G0083B2C 3SIRIEUR Top holdings2015-03-31 1.G0083B 2.C 3.SIRIEUR 4.AIG 5.SUNEQUSD 6.UAL 7.16934Q 8.TRGP 9.MSI 10.AER
2014-12-31	95	$6.0B	50	1G0083B2C 3AIG Top holdings2014-12-31 1.G0083B 2.C 3.AIG 4.NAVI 5.SIRIEUR 6.EBAY 7.UAL 8.ING 9.SUNEQUSD 10.TRCO
2014-09-30	94	$6.8B	0	1AIG 2C 3SIRIEUR Top holdings2014-09-30 1.AIG 2.C 3.SIRIEUR 4.CIM 5.SD 6.DISH 7.ING 8.EBAY 9.NAVI 10.HCA

Holding changes this quarter

Omega Advisors Inc.'s most significant position changes for 2018-12-31: Sold out: Sinclair Broadcast Group LLC (2362120D); Sold out: Keane Group Inc; New buy: THE Cigna Group (CI); Sold out: Pvh CORP (PVH); Sold out: Adobe INC (ADBE).

Position changes disclosed by Omega Advisors Inc. for the quarter ending 2018-12-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	CVS	Cvs Health CORP	+3.8%	+101.70%	Add
2	NRG	Nrg Energy INC	+2%	-14.60%	Trim
3	DD	DuPont de Nemours, Inc.	+2%	-10.59%	Trim
4	✓		+1.6%	-27.69%	Trim
5	GOOGL	Alphabet Inc-cl A	+1.6%	-36.64%	Trim
6	ASH	Ashland INC	+1.4%	-29.97%	Trim
7	PFSI	PennyMac Financial Services, Inc.	+1.2%	-5.39%	Trim
8	ET	Energy Transfer LP	+1.2%	-0.65%	Trim
9	C	Citigroup INC	+1.1%	-15.82%	Trim
10	TRN	Trinity Industries INC	+1%	+7.25%	Add
11	LORLUSD	Loral Space & Communications	+1%	-17.17%	Trim
12	MPC	Marathon Petroleum CORP	+1%	+0.76%	Add
13	MGY	Magnolia Oil & Gas CORP - A	+0.5%	-15.83%	Trim
14	PE1EUR	Parsley Energy Inc-class A	+0.5%	-4.06%	Trim
15	ASPSZ	Altisource Portfolio Solutions S.A.	+0.4%	-17.84%	Trim
16	WPXUSD	Wpx Energy INC	+0.3%	-13.87%	Trim
17	AMZN	Amazon.com INC	+0.2%	-25.74%	Trim
18	HES	Hess CORP	+0.1%	-15.71%	Trim
19	MVC	Mvc Capital INC	+0.1%	—	Unchanged
20	TCRDUSD	First Eagle Alternative Capi	+0.1%	+5.26%	Add
21	ABR	Arbor Realty Trust INC	0%	—	Unchanged
22	SNR1USD	New Senior Investment Group	0%	—	Unchanged
23	UNH	Unitedhealth Group INC	0%	-53.45%	Trim
24	TMO	Thermo Fisher Scientific INC	-0.2%	-54.79%	Trim
25	UAL	United Airlines Holdings INC	-0.6%	-55.68%	Trim
26	OCN2EUR	Ocwen Financial CORP	-0.8%	-12.14%	Trim
27	NBR	Nabors Industries Ltd.	-1.1%	-15.84%	Trim
28	FDC	First Data Corp- Class A	-1.5%	-53.50%	Trim
29	NEWMEUR	USA Today Co INC	-1.5%	-98.91%	Trim
30	MSFT	Microsoft CORP	-2.1%	-73.35%	Trim
31	AMCX	Amc Global Media INC	-2.8%	-67.51%	Trim
32	2362120D	Sinclair Broadcast Group LLC	—	EXIT	Sold out
33	✓	Keane Group Inc	—	EXIT	Sold out
34	CI	THE Cigna Group	—	NEW	New buy
35	PVH	Pvh CORP	—	EXIT	Sold out
36	ADBE	Adobe INC	—	EXIT	Sold out
37	DISH	Dish Network Corp-a	—	EXIT	Sold out
38	DXC	Dxc Technology Co	—	EXIT	Sold out
39	CI	The Cigna Group	—	EXIT	Sold out
40	07WA	Mr Cooper Group INC	—	NEW	New buy
41	BC	Brunswick CORP	—	EXIT	Sold out
42	EMN	Eastman Chemical Co	—	EXIT	Sold out
43	MU	Micron Technology INC	—	EXIT	Sold out
44	MXL	Maxlinear INC	—	EXIT	Sold out
45	META	Meta Platforms Inc-class A	—	EXIT	Sold out
46	✓	Wmi Holdings CORP	—	EXIT	Sold out
47	✓	Andeavor Logistics LP	—	EXIT	Sold out
48	DHCPQ	Ditech Holding CORP	—	EXIT	Sold out
49	FGP1USD	Ferrellgas Partners-lp	—	EXIT	Sold out
50	MDCA	Mdc Partners Inc-a	—	EXIT	Sold out

FAQ

What is Omega Advisors Inc. and what type of investor is it?

Omega Advisors Inc. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2018-12-31), the firm manages a tracked equity portfolio valued at approximately $1.0B, spread across 35 disclosed positions.

What are Omega Advisors Inc.'s largest equity positions?

Based on the latest 13F filing, Omega Advisors Inc.'s top holdings by market value are: 1. United Airlines Holdings INC (UAL) — $97.2M (9.5%) 2. Alphabet Inc-cl A (GOOGL) — $86.1M (8.4%) 3. — $61.3M (6.0%) 4. Ashland INC (ASH) — $54.4M (5.3%) 5. Cvs Health CORP (CVS) — $52.1M (5.1%)

What changes did Omega Advisors Inc. make in its most recent portfolio filing?

In the latest reported quarter, Omega Advisors Inc. made 47 notable position adjustments: 2 new positions were initiated, 4 existing holdings were added to, 24 positions were partially reduced, and 17 were completely exited. The largest of these moves: Sold out: Sinclair Broadcast Group LLC (2362120D); Sold out: Keane Group Inc; New buy: THE Cigna Group (CI); Sold out: Pvh CORP (PVH); Sold out: Adobe INC (ADBE)

What sectors does Omega Advisors Inc. focus on?

Omega Advisors Inc. is concentrated in the following sectors based on its current disclosed equity portfolio: • Health Care: 34.0% • Industrials: 22.6% • Communication Services: 20.0% • Financials: 9.3% • Information Technology: 5.8% • Energy: 5.7%