13F-HR 1 omega13fhr020713.txt FORM 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F Report for the Calendar Year or Quarter Ended: December 31, 2012 Check here if Amendment [ ] Amendment Number: _______ Institutional Investment Manager Filing this Report: Name: Omega Advisors, Inc. Address: Wall Street Plaza 88 Pine Street New York, NY 10005 Form 13F File Number: 28-3530 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 the 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 Title: Chairman and CEO Phone: (212) 495-5210 Signature, Place, and Date of Signing: /s/Leon G. Cooperman New York, New York February 13, 2013 -------------------- ------------------ ----------------- [Signature] [City, State] [Date] Report Type: [X] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 78 Form 13F Information Table Value Total: $5,444,832 (in thousands) List of Other Included Managers: NONE

------------------------------------------------------------------------------------------------------------------------------------ Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 Shares or Title of Value Principal SH/ PUT/ Investment Other Voting Authority Name of Issuer Class Cusip (x$1,000) Amount PRN CALL Discretion Managers Sole Shared None ------------------------------------------------------------------------------------------------------------------------------------ AG MORTGAGE INVESTMENT TRUST COM 001228105 6,330 269,590 SH SOLE 269,590 ALTISOURCE PORTFOLIO SOL REG SHS L0175J104 83,600 964,747 SH SOLE 964,747 ALTISOURCE RESIDENTI-CL B- CL B 02153W100 5,305 334,912 SH SOLE 334,912 AMERICAN INTERNATIONAL GROUP COM 026874784 275,008 7,790,600 SH SOLE 7,790,600 APOLLO INVESTMENT CORP COM 03761U106 1,254 150,000 SH SOLE 150,000 ATLAS ENERGY LP COM UNITS LP 04930A104 135,266 3,893,671 SH SOLE 3,893,671 ATLAS PIPELINE PARTNERS LP UNIT LP 049392103 158,259 5,012,951 SH SOLE 5,012,951 ATLAS RESOURCE PARTNERS LP COM UNIT LTD 04941A101 33,847 1,506,335 SH SOLE 1,506,335 ATLAS RESOURCE PARTNERS LP COM UNIT LTD 04941A101 25,645 1,141,300 SH SOLE 1,141,300 ATMEL CORP COM 049513104 46,664 7,124,300 SH SOLE 7,124,300 BOSTON SCIENTIFIC CORP COM 101137107 83,220 14,523,500 SH SOLE 14,523,500 BRE PROPERTIES INC CL A 05564E106 4,912 96,633 SH SOLE 96,633 BROADRIDGE FINANCIAL SOLUTIO COM 11133T103 3,731 163,063 SH SOLE 163,063 CAPITAL ONE FINANCIAL CORP COM 14040H105 72,378 1,249,400 SH SOLE 1,249,400 CENTER BANCORP INC COM 151408101 6,311 545,000 SH SOLE 545,000 CHIMERA INVESTMENT CORP COM 16934Q109 57,508 22,033,580 SH SOLE 22,033,580 CITIGROUP INC COM 172967424 35,960 909,000 SH SOLE 909,000 CROCS INC COM 227046109 30,929 2,149,340 SH SOLE 2,149,340 CROSSTEX ENERGY LP COM 22765U102 336 23,100 SH SOLE 23,100 DENBURY RESOURCES INC COM 247916208 67,469 4,164,727 SH SOLE 4,164,727 DISH NETWORK CORP CL A 25470M109 134,581 3,697,271 SH SOLE 3,697,271 E*TRADE FINANCIAL CORP COM 269246401 71,160 7,950,880 SH SOLE 7,950,880 EASTMAN CHEMICAL CO COM 277432100 54,018 793,800 SH SOLE 793,800 ENERGY XXI BERMUDA USD UNRS G10082140 93,825 2,916,536 SH SOLE 2,916,536 EXPRESS SCRIPTS HOLDING CO COM 30219G108 144,202 2,670,400 SH SOLE 2,670,400 FACEBOOK INC CL A 30303M102 84,153 3,161,300 SH SOLE 3,161,300 FAMILY DOLLAR STORES COM 307000109 17,165 270,700 SH SOLE 270,700 FORTRESS INVESTMENT GRP CL A 34958B106 4,881 1,111,868 SH SOLE 1,111,868 FREEPORT-MCMORAN COPPER COM 35671D857 106,225 3,106,000 SH SOLE 3,106,000 GANNETT CO COM 364730101 24,317 1,350,200 SH SOLE 1,350,200 GIVEN IMAGING LTD ORD SHS M52020100 36,775 2,105,061 SH SOLE 2,105,061 GMX RESOURCES INC COM 38011M108 1,384 2,768,657 SH SOLE 2,768,657 GOOGLE INC CL A 38259P508 46,896 66,295 SH SOLE 66,295 HALLIBURTON CO COM 406216101 130,344 3,757,400 SH SOLE 3,757,400 HARBINGER GROUP INC COM 41146A106 38,450 5,000,000 SH SOLE 5,000,000 HUMANA INC COM 444859102 88,965 1,296,300 SH SOLE 1,296,300 JPMORGAN CHASE & CO COM 46625H100 1,323 30,100 SH SOLE 30,100 KINDER MORGAN INC-CW17 COM 49456B101 176,691 5,001,159 SH SOLE 5,001,159 KKR & CO LP COM UNITS 48248M102 75,884 4,982,557 SH SOLE 4,982,557 KKR FINANCIAL HOLDINGS LLC COM 48248A306 146,608 13,883,323 SH SOLE 13,883,323 KKR FINANCIAL HOLDINGS LLC NOTE 48248AAD0 919 600,000 PRN SOLE 600,000

------------------------------------------------------------------------------------------------------------------------------------ Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 Shares or Title of Value Principal SH/ PUT/ Investment Other Voting Authority Name of Issuer Class Cusip (x$1,000) Amount PRN CALL Discretion Managers Sole Shared None ------------------------------------------------------------------------------------------------------------------------------------ LAS VEGAS SANDS CORP COM 517834107 12,260 265,600 SH SOLE 265,600 LINN CO LLC COM LTD INT 535782106 24,615 681,113 SH SOLE 681,113 LINN ENERGY LLC-UNITS UNIT LTD 536020100 150,534 4,271,688 SH SOLE 4,271,688 LORAL SPACE & LIAB COMMUNICATIONS COM 543881106 32,998 603,700 SH SOLE 603,700 MCMORAN EXPLORATION CO CALL 582411904 8,025 500,000 CALL SOLE 500,000 MCMORAN EXPLORATION CO COM 582411104 146,238 9,111,400 SH SOLE 9,111,400 MDC PARTNERS INC CL A 552697104 2,260 200,000 SH SOLE 200,000 MERCK & CO. INC. COM 58933Y105 24,155 590,000 SH SOLE 590,000 METLIFE INC COM 59156R108 99,202 3,011,585 SH SOLE 3,011,585 MOTOROLA SOLUTIONS INC COM 620076307 114,745 2,060,800 SH SOLE 2,060,800 NEWCASTLE INVESTMENT CORP COM 65105M108 2,604 300,000 SH SOLE 300,000 NYSE EURONEXT COM 629491101 121,735 3,859,699 SH SOLE 3,859,699 OCWEN FINANCIAL CORP COM 675746309 10,111 292,300 SH SOLE 292,300 POLYCOM INC COM 73172K104 59,228 5,662,325 SH SOLE 5,662,325 PVH CORP COM 693656100 61,737 556,135 SH SOLE 556,135 QUALCOMM INC COM 747525103 147,981 2,392,200 SH SOLE 2,392,200 RESOURCE AMERICA INC CL A 761195205 7,949 1,191,733 SH SOLE 1,191,733 RESOURCE CAPITAL CORP COM 76120W302 4,480 800,000 SH SOLE 800,000 SANDRIDGE ENERGY INC COM 80007P307 154,804 24,378,545 SH SOLE 24,378,545 SIRIUS XM RADIO INC COM 82967N108 206,575 71,479,203 SH SOLE 71,479,203 SLM CORP COM 78442P106 266,055 15,531,524 SH SOLE 15,531,524 SPRINT NEXTEL CORP COM SER I 852061100 317,625 56,018,527 SH SOLE 56,018,527 TEEKAY LNG PARTNERS LP PRTN UNITS Y8564M105 756 20,000 SH SOLE 20,000 THL CREDIT INC COM 872438106 18,211 1,231,307 SH SOLE 1,231,307 TIVO INC COM 888706108 29,414 2,389,400 SH SOLE 2,389,400 TRANSOCEAN LTD REG SHS H8817H100 139,140 3,115,545 SH SOLE 3,115,545 TWO HARBORS INVESTMENT CORP COM 90187B101 1,108 100,000 SH SOLE 100,000 UNITEDHEALTH GROUP INC COM 91324P102 87,231 1,608,248 SH SOLE 1,608,248 VALIDUS HOLDINGS LTD COM G9319H102 34,473 996,896 SH SOLE 996,896 VERIFONE SYSTEMS INC COM 92342Y109 37,346 1,258,273 SH SOLE 1,258,273 WATSON PHARMACEUTICALS INC COM 942683103 79,722 927,000 SH SOLE 927,000 WELLPOINT INC COM 94973V107 78,107 1,282,127 SH SOLE 1,282,127 WELLS FARGO & CO COM 949746101 56,636 1,657,000 SH SOLE 1,657,000 WESTERN UNION CO COM 959802109 58,032 4,263,913 SH SOLE 4,263,913 WILLIAMS COS INC COM 969457100 103,671 3,166,508 SH SOLE 3,166,508 WPX ENERGY INC COM 98212B103 31,296 2,103,224 SH SOLE 2,103,224 XL GROUP PLC SHS G98290102 101,075 4,033,337 SH SOLE 4,033,337