13F filer · reported 2026-Q1 · filed 2026-05-15 · Δ vs 2025-Q4 · US-listed long positions only 13F portfolio $3.0B · Positions 41 · Top 10 65.8% · Effective N 14.7 Filer13F 2026-Q1 | CIK898382 | Reported quarter2026-Q1 | | Prior quarter2025-Q4 | Filed2026-05-15 | | Reported value$3.0B | Positions41 |
Authorized signatory: Leon G. Cooperman · Self — the person who SIGNED this filer's latest 13F, frequently a compliance officer, general counsel or CFO, and not necessarily the portfolio manager. Reported 2026-Q1 · filed 2026-05-15ⓘ Implied return1.14y vs SPY | Cumulative+15.5% | CAGR+13.4% | | vs SPY−8.4pp | Vol (ann.)21.7% | | Sharpe0.69 | Max drawdown−12.0% | | Beta1.29 | Avg coverage97% | | Quarters replayed3 | |
2025-06-30 → 2026-08-21 · HYPOTHETICAL replication, not actual returnsⓘ Contribution10 of 42 names | Ticker | Avg wt | Return | Contrib. |
|---|
| VRT | 14.8% | +108.2% | +11.16pp | | RKT | 7.5% | −27.5% | −4.06pp | | ET | 8.6% | +30.1% | +2.30pp | | STKL | 1.7% | — | −1.93pp | | PLGO | 4.9% | +39.1% | +1.86pp | | MIR | 6.4% | −28.8% | −1.66pp | | SUN | 3.3% | +55.5% | +1.61pp | | MP | 5.7% | −11.5% | −1.20pp | | ASH | 3.3% | +32.3% | +1.10pp | | SE | 1.5% | −36.6% | −0.93pp |
Carino-linked; contributions sum to the book return — modeled, not actual results. 2025-08-24 → 2026-08-24 · book +11.0% · SPY +20.0% · largest absolute contributors first · HYPOTHETICALⓘ Top holdings12 of 41 · 71.5% of book | Holding | Weight | Value | Δ shares |
|---|
| VRT | 17.7% | $541M | +0.0% | | RKT | 9.8% | $299M | +0.0% | | ET | 8.4% | $257M | +0.0% | | MIR | 5.1% | $156M | +0.0% | | PLGO | 5.0% | $153M | +13.4% | | APO | 4.9% | $149M | +0.0% | | MP | 4.7% | $145M | +0.0% | | OMF | 3.5% | $107M | +186.4% | | SUN | 3.5% | $105M | +0.0% | | ASH | 3.1% | $95M | +0.0% | | CI | 2.8% | $87M | +0.0% | | LAD | 2.8% | $85M | +7.1% |
Weights as filed for 2026-Q1 · Δ vs 2025-Q4ⓘ Sector split11 sectors | Sector | N | Weight |
|---|
| Financials | 8 | 31.2% | | Industrials | 4 | 23.5% | | Utilities | 2 | 10.1% | | Consumer Discretionary | 3 | 7.0% | | Information Technology | 2 | 7.0% | | Unclassified | 14 | 6.6% | | Energy | 2 | 5.2% | | Materials | 1 | 4.7% | | Communication Services | 2 | 2.2% | | Health Care | 2 | 2.0% | | Real Estate | 1 | 0.4% |
SIC-derived, not GICS · 93% of weight classifiedⓘ Sector history8 of 34 quarters | Sector | 2024-Q2 | 2024-Q3 | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 |
|---|
| Financials | 19.4% | 22.2% | 22.4% | 24.7% | 22.0% | 18.1% | 34.0% | 31.2% | | Industrials | 22.3% | 22.9% | 22.9% | 18.9% | 22.2% | 20.5% | 21.5% | 23.5% | | Utilities | 11.4% | 11.6% | 10.8% | 11.2% | 9.7% | 8.3% | 8.7% | 10.1% | | Consumer Discretionary | 11.1% | 9.6% | 11.1% | 10.0% | 6.8% | 5.7% | 6.8% | 7.0% | | Information Technology | 7.3% | 7.6% | 8.1% | 7.5% | 7.4% | 8.0% | 8.2% | 7.0% | | Unclassified | 14.7% | 15.6% | 15.2% | 17.6% | 19.5% | 24.0% | 5.7% | 6.6% | | Energy | 4.4% | 0.0% | 0.0% | 0.7% | 5.2% | 4.9% | 5.4% | 5.2% | | Materials | 1.8% | 2.6% | 2.1% | 3.5% | 3.8% | 6.3% | 5.0% | 4.7% | | Communication Services | 5.9% | 5.9% | 5.7% | 4.7% | 1.2% | 1.3% | 1.8% | 2.2% | | Health Care | 0.2% | 0.3% | 0.3% | 0.2% | 1.6% | 2.2% | 2.4% | 2.0% | | Real Estate | 1.5% | 1.7% | 1.3% | 0.9% | 0.7% | 0.6% | 0.4% | 0.4% | | Consumer Staples | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | | Top-10 concentration | 60.9% | 64.8% | 64.0% | 61.9% | 64.2% | 67.6% | 65.7% | 65.8% |
SIC-derived, not GICS · 93% of the latest book classified · share of the filed book, per quarterⓘ Basis & disclosures - As filed · positions and weights exactly as the 13F states them · nothing imputed · absent “—”
- 13F is US-listed long only · filed up to 45 days after quarter-end · a LOWER bound on what this filer manages, never a total — shorts, options, cash, bonds and non-US listings are outside it
- As filed — the holdings and weights are the 13F itself; no return engine produced them
- Implied returns are a replication, not a track record · the filed book valued daily and rebalanced to each new filing · no fees, no timing, and nothing a 13F does not carry
- Not investment advice · no recommendation, forecast or offer · past ≠ future · this is a filer's public record, not a solicitation
- SEC Form 13F · SEC Form ADV · licensed end-of-day prices · spzco.com/methodology
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