NEW YORK Feb 13 Leon Cooperman, Chief Executive
Officer of hedge fund Omega Advisors, sold his stake in Apple
Inc and took new stakes in SandRidge Energy Inc and
Facebook Inc in the fourth quarter, a regulatory filing
showed on Wednesday.
Cooperman, whose hedge fund had $7 billion in assets as of
last November, sold his entire stake of 266,404 shares in tech
giant Apple, the Securities and Exchange Commission filing
Cooperman's fund also took a new stake in SandRidge Energy
Inc of 24.38 million shares, and a new stake of 3.16
million shares in Facebook Inc in the fourth quarter. The fund
increased its stake in McMoRan Exploration Co by about
1.8 million shares.