Billionaire investor Leon Cooperman's Omega Advisors initiated a substantial new position in GPGI Inc. during the second quarter of 2026. According to a quarterly filing that reflects holdings as of June 30, the firm acquired 11.38 million shares valued at approximately $180.44 million. This disclosure, made public on August 14, provides a delayed look at the firm's trading activity and does not represent a real-time trade.
GPGI, a diversified holding company that rebranded from CompoSecure earlier in the year, now constitutes over 5% of Omega's reported portfolio. The investment makes GPGI a top holding for the fund. This move comes as GPGI faces shareholder lawsuits related to its acquisition of Husky Technologies. Cooperman's firm did not publicly comment on the reasons for establishing the new position.