Cooperman's Omega Advisors Buys Beaten Up Names Like Transocean (RIG) and RIM (RIMM), Sells GM (GM)

Leon Cooperman's Omega Advisors hedge fund released its 13F for the quarter ended December 31, 2011. Notably the firm showed new stakes in Anadarko Petroleum Corp. (NYSE: APC) and Halliburton Co. (NYSE: HAL), and raised stakes in Research In Motion Ltd (NASDAQ: RIMM) and Transocean (NYSE: RIG). The firm also liquidated its GM (NYSE: GM) stake.

New Stakes
Anadarko Petroleum Corp. (NYSE: APC) new 213,400 share position
Best Buy Co., Inc. (NYSE: BBY) new 75,000 share position
Dean Foods Co. (NYSE: DF) new 43,462 share position
EchoStar Corporation (NASDAQ: SATS) new 640,910 share position
Express Scripts, Inc. (NASDAQ: ESRX) new 719,000 share position
GMX Resources, Inc. (NYSE: GMXR) new 232,297 share position
H&R Block, Inc. (NYSE: HRB) new 326,200 share position
Halliburton Co. (NYSE: HAL) new 263,800 share position
iShares iBoxx $ InvesTop Investment Grade Corp. Bond Fund (NYSE: LQD) new 75,000 share position
Loral Space and Communications, Inc. (NASDAQ: lorl) new 515,800 share position
MBIA, Inc. (NYSE: MBI) new 839,000 share position
Medco Health Solutions, Inc. (NYSE: MHS) new 400,000 share position
NRG Energy, Inc. (NYSE: NRG) new 682,210 share position
NutriSystem, Inc. (NASDAQ: NTRI) new 102,275 share position
PVH Corp. (NYSE: PVH) new 352,300 share position
Ruby Tuesday, Inc. (NYSE: RT) new 360,575 share position
S&P DEP RECEIPTS (NYSE: SPY) new 127,700 share position
Tekelec (NASDAQ: TKLC) new 908,742 share position
Validus Holdings Ltd. (NYSE: VR) new 10,200 share position
Warnaco Group, Inc. (NYSE: WRC) new 508,100 share position

Raised Stakes
ACE Ltd. (NYSE: ACE) raised from 681,293 shares to 703,293 shares
Apple, Inc. (NASDAQ: AAPL) raised from 206,204 shares to 238,604 shares
Cablevision Systems Corp. (NYSE: CVC) raised from 3,185,031 shares to 3,796,531 shares
Charming Shoppes (NASDAQ: CHRS) raised from 8,223,339 shares to 12,084,264 shares
Citrix Systems, Inc. (NASDAQ: CTXS) raised from 1,191,199 shares to 1,567,399 shares
E*Trade Financial Corporation (NASDAQ: ETFC) raised from 9,932,932 shares to 11,430,909 shares
El Paso Corp. (NYSE: EP) raised from 4,109,700 shares to 5,180,500 shares
Forest Oil Corp. (NYSE: FST) raised from 1,628,800 shares to 2,470,000 shares
JPMorgan Chase & Co. (NYSE: JPM) raised from 689,364 shares to 877,564 shares
KKR & Co. L.P. (NYSE: KKR) raised from 5,321,187 shares to 5,357,287 shares
Lincoln National Corp (NYSE: LNC) raised from 2,714,716 shares to 3,265,416 shares
McGraw-Hill Cos. (NYSE: MHP) raised from 2,248,200 shares to 2,896,600 shares
McMoRan Exploration Co. (NYSE: MMR) raised from 1,364,000 shares to 1,887,000 shares
Microsoft Corp (NASDAQ: MSFT) raised from 1,355,000 shares to 1,478,200 shares
NYSE Euronext (NYSE: NYX) raised from 911,400 shares to 2,088,600 shares
Qualcomm, Inc. (NASDAQ: QCOM) raised from 1,379,300 shares to 1,807,400 shares
Research In Motion Ltd (NASDAQ: RIMM) raised from 1,425,000 shares to 2,941,400 shares
SPDR Gold Trust (NYSE: GLD) raised from 721,500 shares to 919,600 shares
Transocean (NYSE: RIG) raised from 1,480,045 shares to 2,538,545 shares
United Continental Holdings (NYSE: UAL) raised from 1,645,236 shares to 3,058,836 shares
Valassis Communications, Inc. (NYSE: VCI) raised from 1,318,075 shares to 1,359,839 shares
Williams Cos. (NYSE: WMB) raised from 3,015,408 shares to 3,025,108 shares
XL Group plc (NYSE: XL) raised from 4,616,837 shares to 4,799,337 shares

Lowered Stakes
Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) lowered from 1,934,800 shares to 1,745,700 shares
AON Corp. (NYSE: AON) lowered from 714,711 shares to 168,700 shares
Atlas Energy LP (NYSE: ATLS) lowered from 3,957,348 shares to 3,791,447 shares
Atlas Pipeline Partners L.P. (NYSE: APL) lowered from 5,741,318 shares to 5,363,018 shares
Boston Scientific Corp. (NYSE: BSX) lowered from 16,725,200 shares to 16,456,100 shares
Broadridge Financial Solutions (NYSE: BR) lowered from 3,298,914 shares to 3,218,214 shares
CVS Caremark (NYSE: CVS) lowered from 2,675,255 shares to 1,890,255 shares
Denbury Resources, Inc. (NYSE: DNR) lowered from 3,739,927 shares to 3,727,127 shares
Discovery Communications Inc Series A (NASDAQ: DISCA) lowered from 2,363,891 shares to 1,785,172 shares
DISH Network Corp. (NASDAQ: DISH) lowered from 2,486,900 shares to 1,957,300 shares
Domtar Corp (NYSE: UFS) lowered from 615,153 shares to 228,508 shares
eBay, Inc. (NASDAQ: EBAY) lowered from 3,618,900 shares to 2,309,300 shares
Energy XXI Limited (NASDAQ: EXXI) lowered from 3,843,138 shares to 3,784,338 shares
Given Imaging Ltd (NASDAQ: GIVN) lowered from 2,551,628 shares to 2,539,228 shares
Linn Energy, LLC (NASDAQ: LINE) lowered from 4,047,600 shares to 4,006,300 shares
MetLife, Inc. (NYSE: MET) lowered from 1,953,985 shares to 1,915,285 shares
Office Depot, Inc. (NYSE: ODP) lowered from 742,744 shares to 473,044 shares
PNC Financial Services Group, Inc. (NYSE: PNC) lowered from 304,624 shares to 253,724 shares
Regal Entertainment Group Cl A (NYSE: RGC) lowered from 4,414,979 shares to 3,791,682 shares
SLM (NASDAQ: SLM) lowered from 18,847,600 shares to 17,569,300 shares
Sunoco, Inc. (NYSE: SUN) lowered from 3,209,712 shares to 3,147,312 shares
Teekay (NYSE: TK) lowered from 1,766,100 shares to 1,549,900 shares
UnitedHealth Group, Inc. (NYSE: UNH) lowered from 1,186,848 shares to 1,176,248 shares
Vodafone Group PLC (NASDAQ: VOD) lowered from 1,175,956 shares to 803,256 shares
WellPoint, Inc. (NYSE: WLP) lowered from 976,107 shares to 959,107 shares

Liquidated Stakes
American Eagle Outfitters, Inc. (NYSE: AEO) liquidated
Cephalon, Inc. (NASDAQ: CEPH) liquidated
General Motors (NYSE: GM) liquidated
Jabil Circuit, Inc. (NYSE: JBL) liquidated
Loral Space and Communications, Inc. (NASDAQ: LORL) liquidated
Time Warner, Inc. (NYSE: TWX) liquidated
Wendys Company (NASDAQ: WEN) liquidated

Maintained Stakes
Center Bancorp, Inc. (NASDAQ: CNBC) maintained 545,000 share stake
KKR Financial Holdings (NYSE: KFN) maintained 15,430,867 share stake
THL Credit, Inc. (NASDAQ: TCRD) maintained 1,322,607 share stake

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