Widely followed hedge fund titan Leon Cooperman said Monday his biggest position is a familiar name.
The head of Omega Advisors told CNBC that his favorite stock now is Google parent Alphabet, which has been a market leader during a huge year for stock stocks.
"The only negative is it's owned by everybody," Cooperman said during an interview. "Who's left to buy it?"
In addition to listing his favorite stock, Cooperman also said the second-largest position in his portfolio is First Data, a financial technology provider that also is having a strong 2017 with a gain of about 28 percent.