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.
This is the sector weightings of his portfolio:
These are the top 5 holdings of David Williams
Citigroup Inc. has a market cap of $109.98 billion; its shares were traded at around $4.81 with and P/S ratio of 1.2.
Corning Incorporated creates leading-edge technologies for the fastest-growing markets of the world's economy. Corning Inc. has a market cap of $31.34 billion; its shares were traded at around $20.22 with a P/E ratio of 14.9 and P/S ratio of 5.8. The dividend yield of Corning Inc. stocks is 1%.
Dollar General Corporation is a discount retailer in the United States. Dollar General Corp. has a market cap of $9.2 billion; its shares were traded at around $27 with a P/E ratio of 21.3 and P/S ratio of 0.8.
El Paso Energy Corp. is one of the largest integrated natural gas-to-power companies in the world. El Paso Corp. has a market cap of $8 billion; its shares were traded at around $11.4 with a P/E ratio of 8.9 and P/S ratio of 1.7. The dividend yield of El Paso Corp. stocks is 0.3%.
Ryder System, Inc. provides a continuum of leading-edge logistics,supply chain and transportation management solutions worldwide. Ryder System Inc. has a market cap of $2.34 billion; its shares were traded at around $43.94 with a P/E ratio of 27.6 and P/S ratio of 0.5. The dividend yield of Ryder System Inc. stocks is 2.2%. Ryder System Inc. had an annual average earning growth of 10.1% over the past 10 years.
Dean Foods Company is the nation's processor and distributor of fresh milk and other dairy products, and a leader in the specialty foods industry. Dean Foods Company has a market cap of $3.03 billion; its shares were traded at around $16.71 with a P/E ratio of 10.5 and P/S ratio of 0.3.
Rosetta Resources Inc. is an independent oil and gas company engaged in the acquisition, exploration, development and production of primarily natural gas properties in North America. Rosetta Resources Inc. has a market cap of $1.25 billion; its shares were traded at around $23.74 with a P/E ratio of 59.4 and P/S ratio of 4.2.
Entergy Corporation engages principally in the following businesses: domestic utility operations, power marketing and trading, global power development, and domestic non-utility nuclear operations. Entergy Corp. has a market cap of $15.34 billion; its shares were traded at around $81.06 with a P/E ratio of 12.1 and P/S ratio of 1.4. The dividend yield of Entergy Corp. stocks is 3.7%. Entergy Corp. had an annual average earning growth of 7.4% over the past 10 years. GuruFocus rated Entergy Corp. the business predictability rank of 2.5-star.
Nokia is the world leader in mobile communications. Nokia Corp. has a market cap of $57.15 billion; its shares were traded at around $15.26 with a P/E ratio of 16 and P/S ratio of 1. The dividend yield of Nokia Corp. stocks is 2.6%. Nokia Corp. had an annual average earning growth of 5.3% over the past 10 years. GuruFocus rated Nokia Corp. the business predictability rank of 3.5-star.
Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance services through stores, its Internet site and other distribution channels across North America as well as internationally. Wells Fargo & Company has a market cap of $173.86 billion; its shares were traded at around $33.51 with a P/E ratio of 18.3 and P/S ratio of 1.8. The dividend yield of Wells Fargo & Company stocks is 0.6%. Wells Fargo & Company had an annual average earning growth of 4.5% over the past 10 years.
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.
- New Purchases: GLW,
- Added Positions: C,
- Reduced Positions: DF, DG, EP, R, ROSE,
- Sold Out: ETR, NOK, WFC,
This is the sector weightings of his portfolio:
| Basic Materials | 15.9% |
| Oil & Gas | 15.8% |
| Industrials | 15.2% |
| Financials | 13.5% |
| Technology | 8.1% |
| Consumer Goods | 7% |
| Health Care | 4.9% |
| Telecommunications | 4.4% |
| Consumer Services | 4.1% |
These are the top 5 holdings of David Williams
- Petroleo Brasileiro S.A.Petrobras (PBR) - 7,350,000 shares, 4.59% of the total portfolio. Shares reduced by 0.68%
- Alpha Natural Resources Inc. (ANR) - 5,900,000 shares, 4.13% of the total portfolio. Shares reduced by 0.84%
- LORILLARD, INC (LO) - 3,800,000 shares, 4.02% of the total portfolio.
- Union Pacific Corp. (UNP) - 3,700,000 shares, 3.81% of the total portfolio.
- America Movil S.A.B. De C.V. (AMOV) - 5,350,000 shares, 3.78% of the total portfolio. Shares reduced by 0.93%
Added: Citigroup Inc. (C, Financial)
David Williams added to his holdings in Citigroup Inc. by 23.33%. His purchase prices were between $3.15 and $4.31, with an estimated average price of $3.56. The impact to his portfolio due to this purchase was 0.06%. His holdings were 185,000 shares as of 03/31/2010.Citigroup Inc. has a market cap of $109.98 billion; its shares were traded at around $4.81 with and P/S ratio of 1.2.
New Purchase: Corning Inc. (GLW, Financial)
David Williams initiated holdings in Corning Inc.. His purchase prices were between $17.21 and $20.49, with an estimated average price of $18.74. The impact to his portfolio due to this purchase was 0.48%. His holdings were 1,700,000 shares as of 03/31/2010.Corning Incorporated creates leading-edge technologies for the fastest-growing markets of the world's economy. Corning Inc. has a market cap of $31.34 billion; its shares were traded at around $20.22 with a P/E ratio of 14.9 and P/S ratio of 5.8. The dividend yield of Corning Inc. stocks is 1%.
Reduced: Dollar General Corp. (DG, Financial)
David Williams reduced to his holdings in Dollar General Corp. by 50%. His sale prices were between $21.71 and $25.82, with an estimated average price of $23.94. The impact to his portfolio due to this sale was -0.06%. David Williams still held 350,000 shares as of 03/31/2010.Dollar General Corporation is a discount retailer in the United States. Dollar General Corp. has a market cap of $9.2 billion; its shares were traded at around $27 with a P/E ratio of 21.3 and P/S ratio of 0.8.
Reduced: El Paso Corp. (EP, Financial)
David Williams reduced to his holdings in El Paso Corp. by 23.81%. His sale prices were between $9.83 and $11.43, with an estimated average price of $10.67. The impact to his portfolio due to this sale was -0.12%. David Williams still held 3,200,000 shares as of 03/31/2010.El Paso Energy Corp. is one of the largest integrated natural gas-to-power companies in the world. El Paso Corp. has a market cap of $8 billion; its shares were traded at around $11.4 with a P/E ratio of 8.9 and P/S ratio of 1.7. The dividend yield of El Paso Corp. stocks is 0.3%.
Reduced: Ryder System Inc. (R, Financial)
David Williams reduced to his holdings in Ryder System Inc. by 23.53%. His sale prices were between $32.55 and $42.23, with an estimated average price of $37.12. The impact to his portfolio due to this sale was -0.17%. David Williams still held 1,300,000 shares as of 03/31/2010.Ryder System, Inc. provides a continuum of leading-edge logistics,supply chain and transportation management solutions worldwide. Ryder System Inc. has a market cap of $2.34 billion; its shares were traded at around $43.94 with a P/E ratio of 27.6 and P/S ratio of 0.5. The dividend yield of Ryder System Inc. stocks is 2.2%. Ryder System Inc. had an annual average earning growth of 10.1% over the past 10 years.
Reduced: Dean Foods Company (DF, Financial)
David Williams reduced to his holdings in Dean Foods Company by 37.5%. His sale prices were between $14.46 and $18.53, with an estimated average price of $16.58. The impact to his portfolio due to this sale was -0.17%. David Williams still held 2,000,000 shares as of 03/31/2010.Dean Foods Company is the nation's processor and distributor of fresh milk and other dairy products, and a leader in the specialty foods industry. Dean Foods Company has a market cap of $3.03 billion; its shares were traded at around $16.71 with a P/E ratio of 10.5 and P/S ratio of 0.3.
Reduced: Rosetta Resources Inc. (ROSE, Financial)
David Williams reduced to his holdings in Rosetta Resources Inc. by 43.48%. His sale prices were between $18.16 and $24.97, with an estimated average price of $21.64. The impact to his portfolio due to this sale was -0.19%. David Williams still held 1,300,000 shares as of 03/31/2010.Rosetta Resources Inc. is an independent oil and gas company engaged in the acquisition, exploration, development and production of primarily natural gas properties in North America. Rosetta Resources Inc. has a market cap of $1.25 billion; its shares were traded at around $23.74 with a P/E ratio of 59.4 and P/S ratio of 4.2.
Sold Out: Entergy Corp. (ETR, Financial)
David Williams sold out his holdings in Entergy Corp.. His sale prices were between $75.97 and $83.08, with an estimated average price of $79.26.Entergy Corporation engages principally in the following businesses: domestic utility operations, power marketing and trading, global power development, and domestic non-utility nuclear operations. Entergy Corp. has a market cap of $15.34 billion; its shares were traded at around $81.06 with a P/E ratio of 12.1 and P/S ratio of 1.4. The dividend yield of Entergy Corp. stocks is 3.7%. Entergy Corp. had an annual average earning growth of 7.4% over the past 10 years. GuruFocus rated Entergy Corp. the business predictability rank of 2.5-star.
Sold Out: Nokia Corp. (NOK, Financial)
David Williams sold out his holdings in Nokia Corp.. His sale prices were between $12.61 and $15.46, with an estimated average price of $13.79.Nokia is the world leader in mobile communications. Nokia Corp. has a market cap of $57.15 billion; its shares were traded at around $15.26 with a P/E ratio of 16 and P/S ratio of 1. The dividend yield of Nokia Corp. stocks is 2.6%. Nokia Corp. had an annual average earning growth of 5.3% over the past 10 years. GuruFocus rated Nokia Corp. the business predictability rank of 3.5-star.
Sold Out: Wells Fargo & Company (WFC, Financial)
David Williams sold out his holdings in Wells Fargo & Company. His sale prices were between $26.43 and $31.22, with an estimated average price of $28.49.Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance services through stores, its Internet site and other distribution channels across North America as well as internationally. Wells Fargo & Company has a market cap of $173.86 billion; its shares were traded at around $33.51 with a P/E ratio of 18.3 and P/S ratio of 1.8. The dividend yield of Wells Fargo & Company stocks is 0.6%. Wells Fargo & Company had an annual average earning growth of 4.5% over the past 10 years.
