David Williams

Last Update: 2012-02-16

Number of Stocks: 56
Number of New Stocks: 4

Total Value: $4,475 Mil
Q/Q Turnover: 3%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

David Williams Watch

  • Weekly CEO Buys Highlight: MCP

    According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below:

      


  • Guru Stocks at 52-Week Lows: CHT, GLW, CHRW, BVN, WIN

    According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows.

    Chunghwa Telecom Co. Ltd (CHT) Reached the 52-Week Low of $30.06  


  • Top Holdings from David Williams

    David Williams is the manager of Columbia Value & Restructuring Fund, which was set up in 1992. David Williams is a long-term player and the fund has records in the large-value category. In 2011, however, the fund suffered significant losses. Why? It holds energy and industrial stocks that fell due to the economic crises.

    It is known that the company does not perform well in bear markets because it focuses on companies in transition and is always willing to hold positions in firms with large debts. Fortunately after such an event it was able to recover and is starting to rank near the top again.  


  • David Williams: Top Holdings

    David Williams is the manager of the Columbia Value & Restructuring Fund.

    He makes long-term investments, typically contrarian in nature, and he sticks to his course through headwinds. He invests in deep value stocks but also in some growth stocks, when he can pick them up at the right price. Williams makes large commitments to particular sectors that he feels are under-valued. This can lead the fund's performance to deviate significantly from the overall stock market.  


  • Columbia Management Third Quarter Commentary

    Fund performance Class A shares of Columbia Value and Restructuring Fund returned -23.49% (excluding sales charge) for the third quarter. The fund underperformed its benchmarks, the Russell 1000 Value Index, which returned -16.20% and the Standard & Poor’s 500 Index (S&P 500 Index), which returned -13.87% during the period. For up-to-date performance information, please check online at columbiamanagment.com. Market overview

    The global equity meltdown in the third quarter arose from a darkening economic outlook and fears of a eurozone blow up, compounded by a lack of political will around the world to bring resolution to these problems. Not surprising, the fund’s overweight in globally-, commodity- and cyclically-oriented companies bore the brunt of these economic missteps and uncertainties. Year to date the fund underperformed both the S&P 500 and the Russell 1000 Value indices, which returned -8.68% and -11.24% respectively.  


  • Columbia Value and Restructuring Fund Q3 Portfolio Update

    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.

    David Williams 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.  


  • Weekly Guru Bargains Highlights: CX, MDR, TK, HAS, CWH

    According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

    Cemex S.A. de C.V. ADS (CX): Down 55% Since Chris Davis Bought In the Quarter Ended on 2011-06-30  


  • Friday Value Overview: IBM, KO, BRK.B

    Here’s to the end of a tumultuous week and the beginning of a more tumultuous weekend. Berkshire Hathaway (BRK.B) reported earnings this evening. I’ve got a link to a speech about IBM ‘s (IBM) 100 year run, and Coke’s (KO) ability to hold up this week. I’ve also got a video from 1952 explaining how the stock market works. Finally, some brief remarks about the U.S. downgrade.

    Berkshire Hathaway announced earnings after the bell today. If you take their book value from June 30, shares now trade at 1.09. Of course, book value may be slightly different today. They reported $43.2 billion in cash after receiving the repayment from Goldman Sachs during the quarter. Operating earnings are at $2.7 billion for the quarter and $4.3 billion for the first half. This is lower than last year’s results for each time period. Non-insurance businesses did better, insurance underwriting hurt considerably.  


  • Weekly Raised Dividends: PROV, KMI, OKE, ANCX, TMP

    Weekly Raised Dividends: Provident Financial Holdings Inc. (PROV), Kinder Morgan Inc. (KMI), Oneok Inc. (OKE), Access National Corp. (ANCX), and Tompkins Financial Inc. (TMP).

    Provident Financial Holdings Inc. (PROV)

      


  • Weekly CEO Buys Highlight: FCAL, HAS, MTOX, KGJI, ARSD

    Last week’s top five stocks that were bought by their CEOs were FCAL, HAS, MTOX, KGJI, and ARSD. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

    First California Financial Group Inc. (FCAL): President & CEO Chong Guk Kum Bought 300,000 Shares  


  • David Williams’ Q2 New Buys — CSCO, CLF, MCP, HAS

    David Williams has managed $7 billion Columbia Value & Restructuring Fund since its inception in 1992. His average annual total return since that time is 12.93%.

    The fund’s value strategy focuses on company restructuring and/or industry consolidations; a long-term, multi-cap investments that give companies time to execute business plans and improve fundamentals; and diversification across industries and restructuring themes with about 60-70 holdings. The “restructuring” in the fund’s name refers to the aspiration to invest in stocks that may benefit from fundamental corporate change, including but not limited to mergers and acquisitions. Williams makes large commitments to particular sectors that he feels are under-valued. This can lead the fund’s performance to deviate significantly from the overall stock market.  


  • Columbia Value & Restructuring Fund Buys PFE, V, KMI, NLSN, APO, MET; Sells BMY, TLCR, AVP

    Value investor David Williams just released his first quarter portfolio at Columbia Value & Restructuring Fund. The fund owns 60 stocks with a total value of $7 billion. These are the details of the buys and the sales.

    Columbia Value & Restructuring Fund gained 20.2% in the past 12 months. The fund has outperformed the S&P 500 by 3.5% on average annually over the past 10 years. In the first quarter the fund has more activities than usual. Is Mr. Williams finding values?  


  • Columbia Value and Restructuring Fund Buys SWU, F, ST, Sells SWK, MS, CTV, DRH, HST

    Columbia Value and Restructuring Fund just released their portfolio. The funs is run by long term value investor David Williams. The fund averaged 19.42% in 2010, and averaged 5.17% over the past 10 years.

    Columbia Value and Restructuring Fund buys Stanley Black & Decker Inc., Ford Motor Co, Sensata Technol, Warner Chil Plc, sells Stanley B&d Inc, Morgan Stanley, Commscope Inc, Diamondrock Hos, Petrohawk Egy, Talecris Biothr, Baxter Intl, Host Hotel&rsrt during the 3-months ended 12/31/2010, according to the most recent filings of his investment company, Columbia Value and Restructuring Fund. As of 12/31/2010, Columbia Value and Restructuring Fund owns 60 stocks with a total value of $6.6 billion. These are the details of the buys and sells.  


  • Columbia Value & Restructuring Fund Q3 Portfolio: Buys Xerox, Methanex, Apache, Sells Ryder System, RSC Holdings

    This is the Q3 portfolio update of Columbia Value & Restructuring Fund. The fund is run by long term value investor David Williams.

    The fund’s short term performances was hurt by the market crash in 2008. Over the past 10-year period, the fund averaged 3.8% a year, better than S&P500 by more than 4% a yaer.  


  • David Williams’s Top Holdings: Lorillard Inc., Union Pacific Corp., Petroleo Brasileiro S.A., America Movil, Harris Corp., International Business Machines Corp

    David Williams, Manager of Columbia Value and Restructuring Fund certainly had his ups and downs. According to a March 2008 Barron’s interview, his fund ranked top 5% by Morningstar among large-cap funds based on one-, three-, five- and 10-year returns. Then 2008 hit, and the fund lost 47.4% for the year. The losses were so deep that even a 46.9% recovery for the next year (2009) does not restore the fund to breakeven. YTD, the fund is down 2.52% vs. S&P 500’s decline of 1.20% -- the difference between the two immaterial. For the past 10 years through June 30, 2010, the fund climbed at 2.94% per year while the stock market declined 1.59%. The Fund underperformed S&P 500 slightly during the past 3 to 5 years. Check out the fund’s website for details.

    Barron’s Interview Highlights  


  • David Williams Buys The Hartford Financial Services Group In, Weyerhaeuser Company, Warner Chilcott Ltd., Sells Banco Santander Central Hispano S.a., Dollar General Corp., El Paso Corp.

    Columbia Value and Restructuring Fund released their second quarter portfolio. The fund initiated three new positions and exited from 6 other positions. This is the Q2 portfolio update.

    David Williams buys The Hartford Financial Services Group In, Weyerhaeuser Company, Warner Chilcott Ltd., sells Banco Santander Central Hispano S.a., Dollar General Corp., El Paso Corp., Dean Foods Company, Rosetta Resources Inc., Cloud Peak Energy, Inc. during the 3-months ended 06/30/2010, according to the most recent filings of his investment company, Columbia Value and Restructuring Fund. David Williams owns 0 stocks with a total value of $5.8 billion. These are the details of the buys and sells.  


  • David Williams Buys Citigroup Inc. , Corning Inc., Sells Wells Fargo & Company, Nokia Corp., Entergy Corp.

    David Williams’ Columbia Value and Restructuring Fund gained 4.38% in the first quarter. For the past 12 months, it gained 70%. This is the recent buys and sells of his fund in the first quarter.

    David Williams buys Corning Inc., sells Wells Fargo & Company, Nokia Corp., Entergy Corp. during the 3-months ended 03/31/2010, according to the most recent filings of his investment company, Columbia Value and Restructuring Fund. David Williams owns 0 stocks with a total value of $7.1 billion. These are the details of the buys and sells.  


  • David Williams Buys Citigroup Inc., Dollar General Corp., Dole Food Company Inc, Sells General Maritime Corp., Tower Group Inc.

    David Williams’ Columbia Value and Restructuring Fund gained 46% in 2009. It was a good year after a very bad year. Since inception, his fund averaged 12% a year. This is the Q4 portfolio update of his fund.

    David Williams buys Banco Santander Central Hispano S.a., Dole Food Company Inc, Cloud Peak Energy, Citigroup Inc., Dollar General Corp., sells General Maritime Corp., Tower Group Inc. during the 3-months ended 12/31/2009, according to the most recent filings of his investment company, Columbia Value and Restructuring Fund. David Williams owns 0 stocks with a total value of $7 billion. These are the details of the buys and sells.  


  • David Williams Top Stocks: Petroleo Brasileiro S.A.Petrobras, LORILLARD, INC., America Movil , Union Pacific Corp., Alpha Natural Resources Inc.

    (GuruFocus, October 19, 2009) Hidden under the umbrella of Columbia Funds, Fund Manager David Williams does not have a voice outside of firm. We could not find much writing about his except though the literature distributed in the website.

    He manages Columbia Value and Restructuring Fund. The fund typically holds 70-90 stocks across market cap and industry sector. The fund takes a long term approach to provide the opportunity for value companies to execute business plans and potential for fundamental improvement.  


  • David Williams Sells CBS Corp., CIT Group Inc., W&T Offshore Inc., Buys Alpha Natural Resources Inc.

    David Williams is the manager of Columbia Value & Restructuring Fund. Like Robert Rodriguez, he did not buy any new stocks. He sold some. He had a poor 2008, this year his fund has gained more than 36%. Since inception in 1982, his fund has gained more than 12% a year. These are his third quarter buys and sells.

    David Williams sells CBS Corp., CIT Group Inc., Embraerempresa Brasileira De Aeronutica, Foundation Coal Holdings Inc., W&T Offshore Inc. during the 3-months ended 09/30/2009, according to the most recent filings of his investment company, Columbia Value and Restructuring Fund. David Williams owns 132 stocks with a total value of $6.5 billion. These are the details of the buys and sells.  


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