Fidelis Insurance Holdings Ltd disclosed that investor Leon G. Cooperman beneficially owns 7,041,751 common shares, representing about 6.8% of the company. This stake is held through Omega Capital Partners, L.P., a UTMA account for his grandchild, and an individual retirement account.
The ownership percentage is based on 103,026,764 common shares outstanding as of September 30, 2025. Cooperman reports sole voting and dispositive power over all 7,041,751 shares and certifies the holdings are not intended to change or influence control of Fidelis Insurance.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Fidelis Insurance Holdings Ltd
(Name of Issuer)
Common Shares, par value $0.01 per share
(Title of Class of Securities)
G3398L118
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
G3398L118
1
Names of Reporting Persons
Cooperman Leon G.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
7,041,751.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
7,041,751.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
7,041,751.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.8 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Fidelis Insurance Holdings Ltd
(b)
Address of issuer's principal executive offices:
90 Pitts Bay Road, Wellesley House South, Pembroke, Bermuda, HM08
Item 2.
(a)
Name of person filing:
This statement is filed on behalf of Leon G. Cooperman ("Mr. Cooperman"). Mr. Cooperman is engaged in, among other activities, investing for his own account. Mr. Cooperman has investment authority over the Common Shares held by the UTMA account (the "UTMA Account") for Asher Silvin Cooperman, Mr. Cooperman's minor grandchild.
Mr. Cooperman is the Managing Member of Omega Associates, L.L.C. ("Associates"), a limited liability company organized under the laws of the State of Delaware. Associates is a private investment firm formed to invest in and act as general partner of investment partnerships or similar investment vehicles. Associates is the general partner of a limited partnership organized under the laws of Delaware known as Omega Capital Partners, L.P. ("Capital LP"), a private investment firm comprised of Cooperman family funds engaged in the purchase and sale of securities for investment for its own account.
(b)
Address or principal business office or, if none, residence:
Mr. Cooperman's principal business office address is St. Andrews Country Club, 7118 Melrose Castle Lane, Boca Raton, FL 33496.
(c)
Citizenship:
Mr. Cooperman is a United States citizen.
(d)
Title of class of securities:
Common Shares, par value $0.01 per share
(e)
CUSIP No.:
G3398L118
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by this item with respect to the Reporting Person is set forth in Rows 5 through 9 and 11 of the cover page to this Schedule 13G. Mr. Cooperman may be deemed the beneficial owner of 7,041,751 Common Shares, which consists of (i) 7,008,078 Common Shares held directly by Capital L.P., (ii) 11,265 Common Shares held by the UTMA Account, and (iii) 22,408 Common Shares held by an individual retirement account for the benefit of Mr. Cooperman which, collectively, constitute approximately 6.8% of the total number of Common Shares outstanding, calculated based on 103,026,764 Common Shares outstanding as of September 30, 2025, as reported in the Issuer's Form 6-K filed with the Securities and Exchange Commission on November 12, 2025.
(b)
Percent of class:
6.8%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
7,041,751
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
7,041,751
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Cooperman Leon G.
Signature:
/s/ Edward Levy
Name/Title:
Edward Levy, Attorney-in-Fact
Date:
02/17/2026
Comments accompanying signature: Duly authorized under POA effective as of August 10, 2016 and filed on August 12, 2016.
What stake does Leon G. Cooperman report in Fidelis Insurance (FIHL)?
Leon G. Cooperman reports beneficial ownership of about 6.8% of Fidelis Insurance. This represents 7,041,751 common shares, based on 103,026,764 shares outstanding as of September 30, 2025, and reflects a significant passive investment position in the company.
How many Fidelis Insurance (FIHL) shares does Leon Cooperman beneficially own?
He may be deemed to beneficially own 7,041,751 Fidelis Insurance common shares. These include shares held by Omega Capital Partners, L.P., a UTMA account for his grandchild, and an individual retirement account, giving him sole voting and dispositive power over this stake.
What percentage of Fidelis Insurance’s outstanding shares does 7,041,751 represent?
The 7,041,751 common shares represent approximately 6.8% of Fidelis Insurance’s outstanding stock. The percentage is calculated using 103,026,764 common shares outstanding as of September 30, 2025, as reported in the company’s Form 6-K filed with regulators.
Is Leon Cooperman’s Fidelis Insurance (FIHL) stake reported as a passive investment?
Yes. Cooperman certifies the securities were not acquired and are not held to change or influence control of Fidelis Insurance. The filing states they are not held in connection with any transaction intended to affect control, other than limited activities related to director nominations rules.
Through which accounts or entities does Leon Cooperman hold FIHL shares?
His reported 7,041,751 shares consist of holdings by Omega Capital Partners, L.P., a UTMA account for his minor grandchild Asher Silvin Cooperman, and an individual retirement account for his benefit. He has investment authority and sole voting and dispositive power over these positions.
What is the event date for Leon Cooperman’s updated FIHL ownership report?
The relevant event date for this updated ownership report is December 31, 2025. That date triggers the requirement to file the amended beneficial ownership statement, reflecting Cooperman’s 6.8% stake in Fidelis Insurance based on the latest outstanding share figure used in the filing.