UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
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Check here if Amendment [ ]; Amendment Number:
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This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Omega Advisors, Inc.
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Address: Wall Street Plaza
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88 Pine Street
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New York, New York 10005
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Form 13F File Number: 28- 3530
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The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Leon G. Cooperman
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Title: Chairman and CEO
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Phone: 212-495-5210
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Signature, Place, and Date of Signing:
/s/ Leon G. Cooperman New York, New York 8/13/99
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<PAGE>
Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 110
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Form 13F Information Table Value Total: $5,114,274
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(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report. NONE
<PAGE>
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Form 13F INFORMATION TABLE
<C> <C> <C> <C> <C> <C> <C> <C>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
- --------------------------------- -------------- --------- -------- ----------------- ---------- -------- -------------------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
- --------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- -------- ----------------
AETNA LIFE INSURANCE COMPANY COM 008140105 26,832 300,000 SH SOLE 300,000
- -----------------------------------------------------------------------------------------------------------------------------------
ALLIED WASTE COM 019589308 34,584 1,751,100 SH SOLE 1,751,100
- -----------------------------------------------------------------------------------------------------------------------------------
AMCORE FINANCIAL COM 023912108 577 25,000 SH SOLE 25,000
- -----------------------------------------------------------------------------------------------------------------------------------
AMERICAN STANDARD COM 029712106 52,243 1,088,400 SH SOLE 1,088,400
- -----------------------------------------------------------------------------------------------------------------------------------
ANIXTER INTERNATIONAL INC COM 035290105 3,756 205,800 SH SOLE 205,800
- -----------------------------------------------------------------------------------------------------------------------------------
ARGONAUT GROUP INC COM 040157109 22,894 953,900 SH SOLE 953,900
- -----------------------------------------------------------------------------------------------------------------------------------
ASCENT ENTERTAINMENT COM 043628106 28,962 2,049,700 SH SOLE 2,049,700
- -----------------------------------------------------------------------------------------------------------------------------------
AUTHENTIC FITNESS COM 052661105 18,414 1,052,200 SH SOLE 1,052,200
- -----------------------------------------------------------------------------------------------------------------------------------
AUTONATION INC COM 05329W102 52,283 2,935,600 SH SOLE 2,935,600
- -----------------------------------------------------------------------------------------------------------------------------------
BANK OF NEW YORK INC COM COM 064057102 771 21,000 SH SOLE 21,000
- -----------------------------------------------------------------------------------------------------------------------------------
BANK ONE CORP COM 06423A103 1,787 30,000 SH SOLE 224,100
- -----------------------------------------------------------------------------------------------------------------------------------
BANKAMERICA CORP COM 060505194 1,100 15,000 SH SOLE 15,000
- -----------------------------------------------------------------------------------------------------------------------------------
BAYCORP HOLDINGS COM 072728108 17,088 2,848,000 SH SOLE 2,848,000
- -----------------------------------------------------------------------------------------------------------------------------------
BELL ATLANTIC COM 077853109 36,848 563,600 SH SOLE 363,600
- -----------------------------------------------------------------------------------------------------------------------------------
BEVERLY ENTERPRISES INC COM COM 87851101 4,464 553,900 SH SOLE 553,900
- -----------------------------------------------------------------------------------------------------------------------------------
BOEING CO COM 97023105 17,676 400,000 SH SOLE 400,000
- -----------------------------------------------------------------------------------------------------------------------------------
BRISTOL-MEYERS COM 10122108 26,809 380,600 SH SOLE 380,600
- -----------------------------------------------------------------------------------------------------------------------------------
BROWNING FERRIS COM 15885105 96,668 2,248,100 SH SOLE 2,248,100
- -----------------------------------------------------------------------------------------------------------------------------------
CAP ONE FINANCIAL COM 4040H105 556,900 10,000 SH SOLE 10,000
- -----------------------------------------------------------------------------------------------------------------------------------
CHANCELLOR MEDIA COM 58915108 64,524 1,170,400 SH SOLE 1,170,400
- -----------------------------------------------------------------------------------------------------------------------------------
CHRIS CRAFT COM 70520100 476 10,100 SH SOLE 10,100
- -----------------------------------------------------------------------------------------------------------------------------------
CIGNA COM 25509109 29,041 326,300 SH SOLE 326,300
- -----------------------------------------------------------------------------------------------------------------------------------
CIRCUIT CITY COM 172737108 61,985 666,500 SH SOLE 600,500
- -----------------------------------------------------------------------------------------------------------------------------------
CISCO SYSTEMS COM 17275R102 18,457 287,000 SH SOLE 287,000
- -----------------------------------------------------------------------------------------------------------------------------------
CNA FINANCIAL CORP COM 26117100 6,720 166,700 SH SOLE 166,700
- -----------------------------------------------------------------------------------------------------------------------------------
COLUMBIA HEALTHCARE CP COM COM 97677107 61,471 2,694,900 SH SOLE 2,694,900
- -----------------------------------------------------------------------------------------------------------------------------------
COMDISCO INC COM 00336105 11,534 450,000 SH SOLE 450,000
- -----------------------------------------------------------------------------------------------------------------------------------
COMERICA COM 00340107 2,348 39,500 SH SOLE 39,500
- -----------------------------------------------------------------------------------------------------------------------------------
COMPUCREDIT CORP. COM 20478N100 5,225 275,000 SH SOLE 275,000
- -----------------------------------------------------------------------------------------------------------------------------------
CONVERGYS CORP. COM 12485106 53,207 2,764,000 SH SOLE 2,764,000
- -----------------------------------------------------------------------------------------------------------------------------------
DENTSPLY INTL COM 49030107 5,844 208,700 SH SOLE 208,700
- -----------------------------------------------------------------------------------------------------------------------------------
DOVER CORP COM 60003108 14,875 425,000 SH SOLE 425,000
- -----------------------------------------------------------------------------------------------------------------------------------
EASTMAN KODAK CO COM 77461109 74,721 1,102,900 SH SOLE 1,102,900
- -----------------------------------------------------------------------------------------------------------------------------------
ENRON OIL & GAS CO COM COM 93562104 50,736 2,505,500 SH SOLE 2,505,500
- -----------------------------------------------------------------------------------------------------------------------------------
ESG RE LTD COM G31215109 5,985 399,000 SH SOLE 399,000
- -----------------------------------------------------------------------------------------------------------------------------------
FIRST COMMONWEALTH COM 319829107 602 25,200 SH SOLE 25,200
- -----------------------------------------------------------------------------------------------------------------------------------
FIRST HEALTH GROUP COM 320960107 17,701 821,000 SH SOLE 821,000
- -----------------------------------------------------------------------------------------------------------------------------------
FORT JAMES COM 347471104 16,341 431,400 SH SOLE 431,400
- -----------------------------------------------------------------------------------------------------------------------------------
FRONTIER CELLULAR COM 25906P105 38,244 648,200 SH SOLE 648,200
- -----------------------------------------------------------------------------------------------------------------------------------
GALILEO INT'L COM 363547100 126,829 2,373,294 SH SOLE 2,373,294
- -----------------------------------------------------------------------------------------------------------------------------------
GARTNER GROUP COM 366651107 12,081 589,300 SH SOLE 589,300
- -----------------------------------------------------------------------------------------------------------------------------------
GENERAL NUTRITION COM 37047F103 24,767 1,062,500 SH SOLE 1,062,500
- -----------------------------------------------------------------------------------------------------------------------------------
GEORGIA PAC CORP COM 373298108 9,571 202,000 SH SOLE 202,000
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GOLDEN STATE BANCORP COM 381197102 1,100 50,000 SH SOLE 50,000
- -----------------------------------------------------------------------------------------------------------------------------------
GUCCI GROUP N V COM 401566104 63,280 904,000 SH SOLE 904,000
- -----------------------------------------------------------------------------------------------------------------------------------
HCR MANOR CABLE COM 404134108 7,634 315,600 SH SOLE 315,600
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HEALTHSOUTH COM 421924101 3,765 252,000 SH SOLE 252,000
- -----------------------------------------------------------------------------------------------------------------------------------
HILTON HOTELS COM 432848109 28,582 2,014,200 SH SOLE 2,014,200
- -----------------------------------------------------------------------------------------------------------------------------------
HOUSEHOLD INTL INC COM 441815107 14,895 314,382 SH SOLE 314,382
- -----------------------------------------------------------------------------------------------------------------------------------
ILLINOVA CO COM 52317100 5,829 213,900 SH SOLE 213,900
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INTERIM SERVICES COM 5868P100 3,612 175,100 SH SOLE 175,100
JONES APPAREL GROUP INC COM 480074103 51,388 1,497,755 SH SOLE 1,497,755
- -----------------------------------------------------------------------------------------------------------------------------------
KEYMARK FINANCIAL COM 93482103 1,330 45,000 SH SOLE 45,000
- -----------------------------------------------------------------------------------------------------------------------------------
LEXMARK INTL GROUP COM 529771107 72,706 1,100,600 SH SOLE 1,100,600
- -----------------------------------------------------------------------------------------------------------------------------------
LIBERTY MEDIA GRP A COM 01957208 102,146 2,779,478 SH SOLE 2,779,478
- -----------------------------------------------------------------------------------------------------------------------------------
LO-JACK CORP COM 539451104 9,640 1,157,400 SH SOLE 1,157,400
- -----------------------------------------------------------------------------------------------------------------------------------
LORAL CORP COM 656462107 33,039 1,835,500 SH SOLE 1,835,500
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LUBRIZOL CORP COM 549271104 16,350 600,000 SH SOLE 600,000
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MALLINCKRODT GROUP INC COM 561232109 28,256 776,700 SH SOLE 776,700
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MANDALY RESORT COM 562567107 9,978 472,200 SH SOLE 472,200
- -----------------------------------------------------------------------------------------------------------------------------------
MEDITRUST COM 58501T306 17,300 1,324,657 SH SOLE 1,324,657
- -----------------------------------------------------------------------------------------------------------------------------------
MEDPARTERS COM 58503X107 16,808 2,223,300 SH SOLE 2,223,300
- -----------------------------------------------------------------------------------------------------------------------------------
NABISCO HOLDINGS COM 629526104 6,436 148,800 SH SOLE 148,800
- -----------------------------------------------------------------------------------------------------------------------------------
NCR CORP COM 62886E108 2,441 50,000 SH SOLE 50,000
- -----------------------------------------------------------------------------------------------------------------------------------
NEWHALL LAND & FARMING COM 651426108 35,302 1,473,900 SH SOLE 1,473,900
- -----------------------------------------------------------------------------------------------------------------------------------
NEWPORT NEWS COM 652228107 12,892 437,000 SH SOLE 437,000
- -----------------------------------------------------------------------------------------------------------------------------------
NEWS CORP PREFERRED 662487802 97,653 3,094,205 SH SOLE 3,094,205
- -----------------------------------------------------------------------------------------------------------------------------------
NIAGRA TOMAHAWK COM 653522102 16,502 1,027,500 SH SOLE 1,027,500
- -----------------------------------------------------------------------------------------------------------------------------------
NORRELL CORP COM 656301108 6,497 345,400 SH SOLE 345,400
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NOVELL INC COM COM 670006105 16,936 639,100 SH SOLE 639,10
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OLD REPUBLIC INTL COM 680223104 2,129 123,000 SH SOLE 123,000
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ON COMMAND CORP (SPECTRAVISION) COM 682160106 20,873 1,183,968 SH SOLE 1,183,968
- -----------------------------------------------------------------------------------------------------------------------------------
PARK PLACE COM 700690100 82,445 8,508,300 SH SOLE 8,508,300
- -----------------------------------------------------------------------------------------------------------------------------------
PEOPLES HERITAGE BANK COM 711147108 940,500 50,000 SH SOLE 50,000
- -----------------------------------------------------------------------------------------------------------------------------------
PEPSI BOTTLING GRP COM 713409100 40,701 1,765,000 SH SOLE 1,765,000
- -----------------------------------------------------------------------------------------------------------------------------------
PIER 1 COM 720279108 25,009 2,223,000 SH SOLE 2,223,000
- -----------------------------------------------------------------------------------------------------------------------------------
POGO PRODUCING CO COM 730448107 29,401 1,578,175 SH SOLE 1,578,175
- -----------------------------------------------------------------------------------------------------------------------------------
PREMIER NATIONAL BANCORP COM 74053F107 344 17,500 SH SOLE 17,500
- -----------------------------------------------------------------------------------------------------------------------------------
PRIME HOSPITALITY CORP COM 741917108 31,843 2,653,600 SH SOLE 2,653,600
- -----------------------------------------------------------------------------------------------------------------------------------
PROVIDIAN FINANCIAL CORP COM 74406A102 34,614 371,200 SH SOLE 371,200
- -----------------------------------------------------------------------------------------------------------------------------------
QUANTUM CORP COM 747906105 35,278 1,462,000 SH SOLE 1,462,000
- -----------------------------------------------------------------------------------------------------------------------------------
QUORUM HEALTH GROUP INC COM 749084109 12,275 973,300 SH SOLE 973,300
- -----------------------------------------------------------------------------------------------------------------------------------
RAYCHEM CORP COM 754603108 32,538 879,400 SH SOLE 879,400
- -----------------------------------------------------------------------------------------------------------------------------------
RENAISSANCE ENERGY COM 759666100 15,134 1,120,200 SH SOLE 1,120,200
- -----------------------------------------------------------------------------------------------------------------------------------
REPUBLIC SERVICES COM 760759100 71,792 2,900,700 SH SOLE 2,900,700
- -----------------------------------------------------------------------------------------------------------------------------------
REYNOLDS METALS COM 761763101 29,447 499,100 SH SOLE 499,100
- -----------------------------------------------------------------------------------------------------------------------------------
ROSS STORES INC COM 778296103 35,729 709,200 SH SOLE 709,200
- -----------------------------------------------------------------------------------------------------------------------------------
SANTA FE SNYDER COM 70218K105 7,219 946,100 SH SOLE 946,100
- -----------------------------------------------------------------------------------------------------------------------------------
SMURFIT-STONE COM 732727101 6,579 320,000 SH SOLE 320,000
- -----------------------------------------------------------------------------------------------------------------------------------
ST JOE PAPER CO COM 790148100 24,808 918,800 SH SOLE 918,800
- -----------------------------------------------------------------------------------------------------------------------------------
STARWOOD LODGING TRUST COM 85590A203 51,564 1,687,300 SH SOLE 1,687,300
- -----------------------------------------------------------------------------------------------------------------------------------
STERLING BANCSHARES INC/TX COM 858907108 535,200 40,000 SH SOLE 40,000
- -----------------------------------------------------------------------------------------------------------------------------------
TIMBER CO COM 873298702 12,625 500,000 SH SOLE 500,000
- -----------------------------------------------------------------------------------------------------------------------------------
TJX CORP COM 872540109 45,115 1,354,400 SH SOLE 1,354,400
- -----------------------------------------------------------------------------------------------------------------------------------
TOYS R US INC COM 892335100 40,718 1,968,000 SH SOLE 1,968,000
- -----------------------------------------------------------------------------------------------------------------------------------
TYCO INTL NEW COM 902124106 78,572 829,257 SH SOLE 829,257
- -----------------------------------------------------------------------------------------------------------------------------------
U.S. BANCORP DEL COM 902973106 19,247 566,100 SH SOLE 566,100
- -----------------------------------------------------------------------------------------------------------------------------------
UCAR INTL COM 90262K109 7,108 281,500 SH SOLE 281,500
- -----------------------------------------------------------------------------------------------------------------------------------
UNION PACIFIC RESOURCES COM 907834105 10,784 661,200 SH SOLE 661,200
- -----------------------------------------------------------------------------------------------------------------------------------
UNIVERSAL HEALTH SVCS COM 913903100 14,363 300,800 SH SOLE 300,800
- -----------------------------------------------------------------------------------------------------------------------------------
UNOCAL CORP COM 915289102 29,473 743,700 SH SOLE 743,700
- -----------------------------------------------------------------------------------------------------------------------------------
USA NETWORKS INC COM 902984103 61,523 1,533,100 SH SOLE 1,533,100
- -----------------------------------------------------------------------------------------------------------------------------------
VENATOR GROUP INC COM 922944103 27,782 2,661,100 SH SOLE 2,661,100
- -----------------------------------------------------------------------------------------------------------------------------------
VIACOM INC CL B CL B 925524308 47,568 1,081,100 SH SOLE 1,081,100
- -----------------------------------------------------------------------------------------------------------------------------------
WALTER INDUSTRIES COM 93317Q105 36,681 2,834,663 SH SOLE 2,834,663
- -----------------------------------------------------------------------------------------------------------------------------------
WARNACO GROUP INC CL A 934390105 64,869 2,425,000 SH SOLE 2,425,000
- -----------------------------------------------------------------------------------------------------------------------------------
WASTE MANAGEMENT INC DEL COM 94106L109 89,749 1,669,752 SH SOLE 1,669,752
- -----------------------------------------------------------------------------------------------------------------------------------
WESTERN BANCORP COM 957683105 11,840 272,182 SH SOLE 272,182
- -----------------------------------------------------------------------------------------------------------------------------------
WORLDCOM COM 955268B106 30,121 350,000 SH SOLE 350,000
YOUNG BROADCASTING INC CL A 987434107 24,476 575,100 SH SOLE 575,100
- -----------------------------------------------------------------------------------------------------------------------------------
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