Did famed contrarian investor David Dreman see the credit crisis coming? In the second quarter he bought just 8 stocks and sold 152. In the third quarter he bought 40 and sold 109. These are his buys and sells during the third quarter.
David Dreman buys Hercules Inc., Sybase Inc., StanCorp Financial Group Inc., KEY ENERGY SVCS INC, Apria Healthcare Group Inc., Yamana Gold Inc., Superior Essex Inc, Gardner Denver Inc., OM Group Inc., Deluxe Corp., PENSKE AUTOMOTIVE, Alon USA Energy Inc., Corrections Corp. of America New, Idearc Inc., Blount International Inc., Universal Corp., Vectren Corp., Aaron Rents Inc., VeraSun Energy Corp., Steel Dynamics Inc., State Street Corp., Trinity Industries Inc., Sunoco Inc., Overseas Shipholding Group Inc., Zions Ban Corp., Brunswick Corp., Black & Decker Corp. The, BJ Services Company, Biovail Corp., Check Point Software Technologies Ltd., Fifth Third Bancorp, Host Hotels & Resorts Inc., J.C. Penney Company Inc., Liz Claiborne Inc., Mattel Inc., MGM MIRAGE, The Procter & Gamble Company, Mirant Corp., sells Lehman Brothers Holdings Inc., Annaly Capital Management Inc., Norfolk Southern Corp., Northern Orion Resources Inc, Nucor Corp., Novartis AG, OPTION CARE Inc., Openwave Systems Inc, PACCAR Inc, Southern Copper Corp., Pediatrix Medical Group Inc., PFF Bancorp Inc., Nobel Learning Communities Inc., Noble Corp., Lincoln National Corp., Loews Corp., MBIA Inc., MetLife Inc., MFA Mortgage Investments Inc., Mohawk Industries Inc., Medical Properties Trust Inc., Merck & Co. Inc., Marathon Oil Corp., Noble Energy Inc., Newcastle Investment Corp., The Progressive Corp., Pulte Homes Inc., Constellation Brands Inc., Stillwater Mining Company, TODCO, Thornburg Mortgage Inc., Torchmark Corp., UnionBanCal Corp., Unilever N.V. New York Registry, Varian Inc., United States Steel Corp., XL Capital Ltd, Exxon Mobil Corp., ARGON ST Inc., The Stride Rite Corp., Prudential Financial Inc., Reynolds American Inc., Royal Caribbean Cruises Ltd., Everest Re Group Ltd., Sprint Nextel Corp. Series 1, Safeco Corp., iStar Financial Inc., The Shaw Group Inc., SigmaAldrich Corp., SLM Corp., Sempra Energy, XTO Energy Inc., Alcoa Inc., BE Aerospace Inc., bebe stores inc., W.R. Berkley Corp., Bear Stearns Companies Inc. The, CBRE Realty Finance Inc., Central European Distribution Corp., Countrywide Financial Corp., Chittenden Corp., Clean Harbors Inc., Cummins Inc., CNA Financial Corp., Becton Dickinson and Company, Aeroflex Inc., Ambac Financial Group Inc., American Capital Strategies Ltd., ACE Ltd., A.G. Edwards Inc., Armor Holdings Inc., American Home Mortgage Investm, American International Group Inc., Assurant Inc., Alaska Air Group Inc., Anworth Mortgage Asset Corp., Apollo Group Inc., Century Casinos Inc., Covansys Corp., Goodrich Corp., Goldman Sachs Group Inc. The, The Home Depot Inc., Highland Hospitality Corp., IngersollRand Company Ltd., iShares Russell 2000 Index, Inyx Inc., Johnson & Johnson, JER Investors Trust Inc., KKR Financial Holdings LLC, Komag Inc., Genworth Financial Inc., Fortune Brands Inc., Deerfield Triarc Capital Corp., D.R. Horton Inc., The Dow Chemical Company, Duke Energy Corp., Electronic Data Systems Corp., Energy Metals Corp., EOG Resources Inc., Embarq Corp., Friedman Billings Ramsey Group Inc., FreeportMcMoRan Copper & Gold Inc., Foot Locker Inc., K2 Inc. during the 3-months ended 09/30/2007, according to the most recent filings of his investment company, Dreman Value Management. David Dreman owns 357 stocks with a total value of $18.4 billion. These are the details of the buys and sells.
New Purchases: AHG, ALJ, AUY, BC, BDK, BJS, BLT, BVF, CHKP, CXW, DLX, FITB, GDI, HPC, HST, IAR, JCP, LIZ, MAT, MGM, MIR, OMG, OSG, PAG, PG, RNT, SFG, SPSX, STLD, STT, SUN, SY, TRN, UVV, VSE, VVC, ZION,
Added Positions: AEE, AETUF.PK, AFR, ARD, ARW, BNPUF.PK, CCJ, CENX, CIT, COLB, DRS, EME, FNM, HERO, IAG, LOW, MKSI, PAAS, PCR, PKE, PNC, PTP, SHW, SPLS, STX, SVU, TEK, UNH, USB, WLT, WM, WYE, XEC,
Reduced Positions: AGII, ALL, AMGN, BAC, BBT, BP, BTI, C, CF, CHK, COF, COV, CTV, ESRX, ESV, ETN, FIC, GCI, GM, HES, HOS, INSU, IWD, JPM, LYO, MAS, MER, MI, MS, PH, PPG, RRD, SPY, TEL, TSO, TXU, TYC, UNM, WFC, WHR,
Sold Out: AA, ABK, ACAS, ACE, AGE, AIG, AIZ, ALK, ANH, APOL, ARXX, BDX, BEAV, BEBE, BER, BSC, CBF, CEDC, CFC, CHZ, CLHB, CMI, CNA, CNTY, DFR, DHI, DOW, DUK, EDS, EMU, EOG, EQ, FBR, FCX, FL, FO, GNW, GR, GS, HD, IR, IWM, JNJ, JRT, KFN, KOMG, LEH, LNC, LTR, MBI, MET, MFA, MHK, MPW, MRK, MRO, NBL, NCT, NE, NLCI, NLY, NSC, NTO, NUE, NVS, OPTN, OPWV, PCAR, PCU, PDX, PFB, PGR, PHM, PRU, RAI, RCL, RE, S, SAF, SFI, SGR, SIAL, SLM, SRE, SRR, STST, STZ, SWC, TMA, TMK, UB, UN, VARI, X, XL, XOM, XTO,
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David Dreman buys Hercules Inc., Sybase Inc., StanCorp Financial Group Inc., KEY ENERGY SVCS INC, Apria Healthcare Group Inc., Yamana Gold Inc., Superior Essex Inc, Gardner Denver Inc., OM Group Inc., Deluxe Corp., PENSKE AUTOMOTIVE, Alon USA Energy Inc., Corrections Corp. of America New, Idearc Inc., Blount International Inc., Universal Corp., Vectren Corp., Aaron Rents Inc., VeraSun Energy Corp., Steel Dynamics Inc., State Street Corp., Trinity Industries Inc., Sunoco Inc., Overseas Shipholding Group Inc., Zions Ban Corp., Brunswick Corp., Black & Decker Corp. The, BJ Services Company, Biovail Corp., Check Point Software Technologies Ltd., Fifth Third Bancorp, Host Hotels & Resorts Inc., J.C. Penney Company Inc., Liz Claiborne Inc., Mattel Inc., MGM MIRAGE, The Procter & Gamble Company, Mirant Corp., sells Lehman Brothers Holdings Inc., Annaly Capital Management Inc., Norfolk Southern Corp., Northern Orion Resources Inc, Nucor Corp., Novartis AG, OPTION CARE Inc., Openwave Systems Inc, PACCAR Inc, Southern Copper Corp., Pediatrix Medical Group Inc., PFF Bancorp Inc., Nobel Learning Communities Inc., Noble Corp., Lincoln National Corp., Loews Corp., MBIA Inc., MetLife Inc., MFA Mortgage Investments Inc., Mohawk Industries Inc., Medical Properties Trust Inc., Merck & Co. Inc., Marathon Oil Corp., Noble Energy Inc., Newcastle Investment Corp., The Progressive Corp., Pulte Homes Inc., Constellation Brands Inc., Stillwater Mining Company, TODCO, Thornburg Mortgage Inc., Torchmark Corp., UnionBanCal Corp., Unilever N.V. New York Registry, Varian Inc., United States Steel Corp., XL Capital Ltd, Exxon Mobil Corp., ARGON ST Inc., The Stride Rite Corp., Prudential Financial Inc., Reynolds American Inc., Royal Caribbean Cruises Ltd., Everest Re Group Ltd., Sprint Nextel Corp. Series 1, Safeco Corp., iStar Financial Inc., The Shaw Group Inc., SigmaAldrich Corp., SLM Corp., Sempra Energy, XTO Energy Inc., Alcoa Inc., BE Aerospace Inc., bebe stores inc., W.R. Berkley Corp., Bear Stearns Companies Inc. The, CBRE Realty Finance Inc., Central European Distribution Corp., Countrywide Financial Corp., Chittenden Corp., Clean Harbors Inc., Cummins Inc., CNA Financial Corp., Becton Dickinson and Company, Aeroflex Inc., Ambac Financial Group Inc., American Capital Strategies Ltd., ACE Ltd., A.G. Edwards Inc., Armor Holdings Inc., American Home Mortgage Investm, American International Group Inc., Assurant Inc., Alaska Air Group Inc., Anworth Mortgage Asset Corp., Apollo Group Inc., Century Casinos Inc., Covansys Corp., Goodrich Corp., Goldman Sachs Group Inc. The, The Home Depot Inc., Highland Hospitality Corp., IngersollRand Company Ltd., iShares Russell 2000 Index, Inyx Inc., Johnson & Johnson, JER Investors Trust Inc., KKR Financial Holdings LLC, Komag Inc., Genworth Financial Inc., Fortune Brands Inc., Deerfield Triarc Capital Corp., D.R. Horton Inc., The Dow Chemical Company, Duke Energy Corp., Electronic Data Systems Corp., Energy Metals Corp., EOG Resources Inc., Embarq Corp., Friedman Billings Ramsey Group Inc., FreeportMcMoRan Copper & Gold Inc., Foot Locker Inc., K2 Inc. during the 3-months ended 09/30/2007, according to the most recent filings of his investment company, Dreman Value Management. David Dreman owns 357 stocks with a total value of $18.4 billion. These are the details of the buys and sells.
New Purchases: AHG, ALJ, AUY, BC, BDK, BJS, BLT, BVF, CHKP, CXW, DLX, FITB, GDI, HPC, HST, IAR, JCP, LIZ, MAT, MGM, MIR, OMG, OSG, PAG, PG, RNT, SFG, SPSX, STLD, STT, SUN, SY, TRN, UVV, VSE, VVC, ZION,
Added Positions: AEE, AETUF.PK, AFR, ARD, ARW, BNPUF.PK, CCJ, CENX, CIT, COLB, DRS, EME, FNM, HERO, IAG, LOW, MKSI, PAAS, PCR, PKE, PNC, PTP, SHW, SPLS, STX, SVU, TEK, UNH, USB, WLT, WM, WYE, XEC,
Reduced Positions: AGII, ALL, AMGN, BAC, BBT, BP, BTI, C, CF, CHK, COF, COV, CTV, ESRX, ESV, ETN, FIC, GCI, GM, HES, HOS, INSU, IWD, JPM, LYO, MAS, MER, MI, MS, PH, PPG, RRD, SPY, TEL, TSO, TXU, TYC, UNM, WFC, WHR,
Sold Out: AA, ABK, ACAS, ACE, AGE, AIG, AIZ, ALK, ANH, APOL, ARXX, BDX, BEAV, BEBE, BER, BSC, CBF, CEDC, CFC, CHZ, CLHB, CMI, CNA, CNTY, DFR, DHI, DOW, DUK, EDS, EMU, EOG, EQ, FBR, FCX, FL, FO, GNW, GR, GS, HD, IR, IWM, JNJ, JRT, KFN, KOMG, LEH, LNC, LTR, MBI, MET, MFA, MHK, MPW, MRK, MRO, NBL, NCT, NE, NLCI, NLY, NSC, NTO, NUE, NVS, OPTN, OPWV, PCAR, PCU, PDX, PFB, PGR, PHM, PRU, RAI, RCL, RE, S, SAF, SFI, SGR, SIAL, SLM, SRE, SRR, STST, STZ, SWC, TMA, TMK, UB, UN, VARI, X, XL, XOM, XTO,
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