UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 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:
New York, New York 2/11/00
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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: 90
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Form 13F Information Table Value Total: $ 2,140,927
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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
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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
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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
- --------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- -------- ----------------
AKAMI COM 00971T101 819 2,500 SH SOLE 2,500
- -----------------------------------------------------------------------------------------------------------------------------------
AMERICAN STD COS INC DEL COM 029712106 60,580 1,320,400 SH SOLE 1,320,400
- -----------------------------------------------------------------------------------------------------------------------------------
APPLIED PWR INC CL A 038225108 9,717 264,400 SH SOLE 264,400
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ARGONAUT GROUP INC COM 040157109 1,429 71,900 SH SOLE 71,900
- -----------------------------------------------------------------------------------------------------------------------------------
ASCENT ENTNMT GROUP INC COM 043628106 22,168 1,746,900 SH SOLE 1,746,900
- -----------------------------------------------------------------------------------------------------------------------------------
ASSOCIATED GROUP INC CL A 045651106 49,804 545,800 SH SOLE 545,800
- -----------------------------------------------------------------------------------------------------------------------------------
ASSOCIATED GROUP INC CL B 045651205 28,161 306,100 SH SOLE 306,100
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BAYCORP HLDGS CORP COM 072728108 25,632 2,848,000 SH SOLE 2,848,000
- -----------------------------------------------------------------------------------------------------------------------------------
BEVERLY ENTERPRISES INC COM NEW 087851309 3,141 717,000 SH SOLE 717,000
- -----------------------------------------------------------------------------------------------------------------------------------
BROADCOM CORP CL A 111320107 1,362 5,000 SH SOLE 5,000
- -----------------------------------------------------------------------------------------------------------------------------------
BARD C R INC COM 067383109 13,780 260,000 SH SOLE 260,000
- -----------------------------------------------------------------------------------------------------------------------------------
CABLEVISION SYS CORP CL A 12686C109 29,589 391,900 SH SOLE 391,900
- -----------------------------------------------------------------------------------------------------------------------------------
AM/FM INC (CHANCELLOR MEDIA) COM 001693100 60,479 772,900 SH SOLE 772,900
- -----------------------------------------------------------------------------------------------------------------------------------
CIRCUIT CITY STORE INC COM 172737108 9,345 207,400 SH SOLE 207,400
- -----------------------------------------------------------------------------------------------------------------------------------
CIT GROUP INC COM 125577106 41,285 1,953,870 SH SOLE 1,953,870
- -----------------------------------------------------------------------------------------------------------------------------------
CK WITCO CORP COM 12562C108 11,269 842,200 SH SOLE 842,200
- -----------------------------------------------------------------------------------------------------------------------------------
COLUMBIA/HCA HEALTHCARE CORP COM 197677107 69,131 2,358,600 SH SOLE 2,358,600
- -----------------------------------------------------------------------------------------------------------------------------------
COMDISCO INC COM 200336105 25,736 690,900 SH SOLE 690,900
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COMERICA INC COM 200340107 7,004 150,000 SH SOLE 150,000
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COMPUCREDIT CORP COM 20478N100 7,642 198,500 SH SOLE 198,500
- -----------------------------------------------------------------------------------------------------------------------------------
CONVERGYS CORP COM 212485106 71,571 2,327,500 SH SOLE 2,327,500
- -----------------------------------------------------------------------------------------------------------------------------------
CROWN CORK & SEAL INC COM 228255105 18,401 822,200 SH SOLE 822,200
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ECHOSTAR COMMUNICATIONS NEW CL A 278762109 26,813 275,000 SH SOLE 275,000
- -----------------------------------------------------------------------------------------------------------------------------------
EOG RES INC COM 26875P101 25,288 1,440,100 SH SOLE 1,440,100
- -----------------------------------------------------------------------------------------------------------------------------------
ESG RE LTD ORD G31215109 2,121 305,600 SH SOLE 305,600
- -----------------------------------------------------------------------------------------------------------------------------------
FORD MOTOR CO DEL COM 345370100 10,688 200,000 SH SOLE 200,000
- -----------------------------------------------------------------------------------------------------------------------------------
GALILEO INTERNATIONAL INC COM 363547100 74,254 2,480,094 SH SOLE 2,480,094
- -----------------------------------------------------------------------------------------------------------------------------------
GEORGIA PAC CORP COM 373298108 13,657 269,100 SH SOLE 269,100
- -----------------------------------------------------------------------------------------------------------------------------------
MANOR CARE INC NEW COM 564055101 2,765 172,800 SH SOLE 172,800
- -----------------------------------------------------------------------------------------------------------------------------------
HEALTHSOUTH COM 421924101 6,744 1,253,500 SH SOLE 1,253,500
- -----------------------------------------------------------------------------------------------------------------------------------
IMPERIAL INDS INC COM 452729106 563 90,000 SH SOLE 90,000
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IMS HEALTH INC COM 449934108 13,726 504,800 SH SOLE 504,800
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JONES APPAREL GROUP INC COM 480074103 13,908 512,653 SH SOLE 512,653
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KIMBERLY CLARK CORP COM 494368103 32,716 501,400 SH SOLE 501,400
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LANIER WORLDWIDE INC. COM 51589L105 194 50,000 SH SOLE 50,000
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LEXMARK INTL GROUP INC COM 529771107 21,557 238,200 SH SOLE 238,200
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AT&T CORP COM LIB GRP A 001957208 115,655 2,037,978 SH SOLE 2,037,978
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LNR PPTY CORP COM 501940100 1,326 66,700 SH SOLE 66,700
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LO-JACK CORP COM 539451104 10,813 1,601,900 SH SOLE 1,601,900
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LOEWS CORP COM 540424108 5,693 93,800 SH SOLE 93,800
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LORAL SPACE & COMMUNICATIONS COM G56462107 41,133 1,692,000 SH SOLE 1,692,000
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LOUISIANA PAC CORP COM 546347105 16,348 1,147,200 SH SOLE 1,147,200
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MALLINCKRODT INC NEW COM 561232109 21,634 680,100 SH SOLE 680,100
- -----------------------------------------------------------------------------------------------------------------------------------
MASCO CORP COM 574599106 10,964 432,000 SH SOLE 432,000
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MEDITRUST CORP PAIRED CTF NEW 58501T306 2,620 476,392 SH SOLE 476,392
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METHODE ELECTS INC CL A 591520200 13,655 425,000 SH SOLE 425,000
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MICRON TECHNOLOGY INC COM 595112103 2,656 34,000 SH SOLE 34,000
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MONTANA POWER CO COM 612085100 17,428 483,300 SH SOLE 483,300
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NAVISTAR INTL CORP NEW COM 63934E108 29,897 631,000 SH SOLE 631,000
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NEWHALL LAND & FARMING CO CAL DEPOSITARY REC 651426108 38,251 1,416,700 SH SOLE 1,416,700
- -----------------------------------------------------------------------------------------------------------------------------------
NEWS CORP LTD SP ADR PFD 652487802 80,691 2,413,005 SH SOLE 2,413,005
- -----------------------------------------------------------------------------------------------------------------------------------
NIAGRA MOHAWK HLDGS INC COM 653520100 14,687 1,053,600 SH SOLE 1,053,600
- -----------------------------------------------------------------------------------------------------------------------------------
NOVELL INC COM 670006105 13,032 326,300 SH SOLE 326,300
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OFFICE DEPOT INC COM 676220106 62,007 5,667,900 SH SOLE 5,667,900
- -----------------------------------------------------------------------------------------------------------------------------------
ON COMMAND CORP COM 682160106 15,197 821,468 SH SOLE 821,468
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OWENS CORNING COM 69073F103 13,177 682,400 SH SOLE 682,400
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PARK PL ENTMT CORP COM 700690100 92,541 7,403,300 SH SOLE 7,403,300
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PIER 1 IMPORTS INC COM 720279108 16,136 2,529,200 SH SOLE 2,529,200
- -----------------------------------------------------------------------------------------------------------------------------------
POGO PRODUCING CO COM 730448107 20,645 1,007,075 SH SOLE 1,007,075
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PRIME HOSPITALITY CORP COM 741917108 31,807 3,610,300 SH SOLE 3,610,300
- -----------------------------------------------------------------------------------------------------------------------------------
PROVIDIAN FINL CORP COM 74406A102 31,871 350,000 SH SOLE 350,000
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QLOGIC CORP COM 747277101 2,734 17,100 SH SOLE 17,100
- -----------------------------------------------------------------------------------------------------------------------------------
QUALCOMM INC COM 747525103 4,932 28,000 SH SOLE 28,000
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QUANTUM CORP COM DSSG 747906204 16,835 1,112,700 SH SOLE 1,112,700
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REPUBLIC SVCS INC COM 760759100 64,772 4,504,300 SH SOLE 4,504,300
- -----------------------------------------------------------------------------------------------------------------------------------
ROSS STORES INC COM 778296103 19,619 1,093,600 SH SOLE 1,093,600
- -----------------------------------------------------------------------------------------------------------------------------------
RYDER SYS INC COM 783549108 77,763 3,181,800 SH SOLE 3,181,800
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SANTA FE SNYDER CORP COM 80218K105 13,443 1,680,400 SH SOLE 1,680,400
- -----------------------------------------------------------------------------------------------------------------------------------
SECURITY CAP GROUP INC CL B 81413P204 4,639 371,100 SH SOLE 371,100
- -----------------------------------------------------------------------------------------------------------------------------------
SHAW INDS INC COM 820286102 16,553 1,072,100 SH SOLE 1,072,100
- -----------------------------------------------------------------------------------------------------------------------------------
STARWOOD HOTEL & RESORTS WRLDWD PAIRED CTF 85590A203 51,491 2,191,100 SH SOLE 2,191,100
- -----------------------------------------------------------------------------------------------------------------------------------
STONE AND WEBSTER COM 861572105 466 27,700 SH SOLE 27,700
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TEMPLE INLAND INC COM 879868107 15,456 234,400 SH SOLE 234,400
- -----------------------------------------------------------------------------------------------------------------------------------
TJX COS INC NEW COM 872540109 19,629 960,300 SH SOLE 960,300
- -----------------------------------------------------------------------------------------------------------------------------------
TRICON GLOBAL RESTAURANTS COM 895953107 23,348 604,400 SH SOLE 604,400
- -----------------------------------------------------------------------------------------------------------------------------------
TYCO INTL LTD NEW COM 902124106 62,322 1,602,942 SH SOLE 1,602,942
- -----------------------------------------------------------------------------------------------------------------------------------
UNION PAC GROUP INC COM 907834105 4,618 362,200 SH SOLE 362,200
- -----------------------------------------------------------------------------------------------------------------------------------
UNITED RENTALS INC COM 911363109 1,545 90,200 SH SOLE 90,200
- -----------------------------------------------------------------------------------------------------------------------------------
USA NETWORKS INC COM 902984103 51,101 924,900 SH SOLE 924,900
- -----------------------------------------------------------------------------------------------------------------------------------
VENATOR GROUP INC COM 922944103 5,549 792,700 SH SOLE 792,700
- -----------------------------------------------------------------------------------------------------------------------------------
VOICESTREAM WIRELESS CORP COM 928615103 1,480 10,400 SH SOLE 10,400
- -----------------------------------------------------------------------------------------------------------------------------------
WALTER INDS INC COM 93317Q105 31,669 2,929,563 SH SOLE 2,929,563
- -----------------------------------------------------------------------------------------------------------------------------------
WARNACO GROUP INC CL A 934390105 27,943 2,269,900 SH SOLE 2,269,900
- -----------------------------------------------------------------------------------------------------------------------------------
ERICSSON LM TEL CO ADR CLB SEK 10 294821400 1,971 30,000 SH SOLE 30,000
- -----------------------------------------------------------------------------------------------------------------------------------
NOKIA CORP SPON ADR 654902204 2,293 12,000 SH SOLE 12,000
- -----------------------------------------------------------------------------------------------------------------------------------
ALPHA MICROSYSTEMS INC COM 020903100 1,031 4,900 SH SOLE 4,900
- -----------------------------------------------------------------------------------------------------------------------------------
MATSUSHITA ELECTRIC INDL CO ADR 576879209 2,548 92,000 SH SOLE 92,000
- -----------------------------------------------------------------------------------------------------------------------------------
TREND MICRO INC SPONSORED ADR 89486M107 2,903 11,500 SH SOLE 11,500
- ----------------------------------------------------------------------------------------------------------------------------------
PORTUGAL TELECOM S A SPONSORED ADR 737273102 30,883 2,805,000 SH SOLE 2,805,000
- -----------------------------------------------------------------------------------------------------------------------------------
TELECOM ITALIA SPA SPON ADR ORD 87927W106 48,488 7,935,800 SH SOLE 7,935,800
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