OCN - Cooperman exits Alibaba Paysafe and adds Mirion Technologies Virgin Orbit

Investor Leon Cooperman divests his stake in Alibaba Group (NYSE:BABA), Meta (NASDAQ:FB) and Paysafe (NYSE:PSFE) during the last quarter of 2021, according to his latest 13F filing. Adds Mirion Technologies (NYSE:MIR) with a 3M-share holding and Virgin Orbit Holdings (NASDAQ:VORB) with 500K shares. Boosts stake in Surgalign Holdings (NASDAQ:SRGA) to 3.33M shares from 1.54M shares, Ellington Financial (NYSE:EFC) to 860K shares from 760K, and General Motors (NYSE:GM) to 750K from 490K. Trims stake in Ocwen Financial (NYSE:OCN) to 99.6K shares from 276K shares. Last April, Cooperman said he expected the stock market will be lower a year later. Since then, the S&P 500's total return is 6.8%.

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Cooperman exits Alibaba, Paysafe and adds Mirion Technologies, Virgin Orbit