Columbia Value and Restructuring Fund is run by value investor David Williams
. The fund has unperformed in recent years, like many other value investors. But Mr. Williams thinks that the market is poised for a significant rebound to more realistic and fair valuations should macroeconomic concerns be laid to rest. His fund is nearly 25% cheaper than market indices, despite much improved quality and growth characteristics.
buys Murphy Oil Corp., Hasbro Inc., Harris Corp., sells Pnc Financial Services Group Inc., Schnitzer Steel Industries Inc., United Technologies Corp., Citigroup Inc., Dole Food Company, Petrohawk Energy Corp., The Goldman Sachs Group Inc., Apache Corp., Visa, Molycorp Inc. Mand Conv Pfd Series A during the 3-months ended 09/30/2011, according to the most recent filings of his investment company, Columbia Value and Restructuring Fund. As of 09/30/2011, Columbia Value and Restructuring Fund owns 60 stocks with a total value of $4.5 billion. These are the details of the buys and sells. Continue Reading »