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' s Profile & Performance

Profile

David Williams is the manager of Columbia Value & Restructuring Fund. He has managed the fund since it opened in 1992. Williams graduated from Yale University with a degree in art history.

Web Page:http://performance.columbiamanagement.com/mutualFunds/details/cusip-19765Y548

Investing Philosophy

David Williams 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. 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.

Historical Allocation of Stock, Bonds, Cash

Total Holding History

Performance of Columbia Value and Restructuri

YearReturn (%)S&P500 (%)Excess Gain (%)
2011-11.022.08-13.1
201019.4215.064.4
200946.926.4620.4
3-Year Cumulative56.1 (16%/year)48.5 (14.1%/year)7.6 (1.9%/year)
2008-47.4-37-10.4
200710.465.614.8
5-Year Cumulative-9.3 (-1.9%/year)-1.2 (-0.2%/year)-8.1 (-1.7%/year)
200614.8815.79-0.9
20059.964.915.1
200419.36127.4
200347.7828.719.1
2002-23.32-22.1-1.2
10-Year Cumulative55 (4.5%/year)34.8 (3%/year)20.2 (1.5%/year)
2001-4.95-11.96.9
20007.21-9.116.3
199941.972121.0

Top Ranked Articles

New Guru Added: David Williams of Columbia Value & Restructuring Fund
David Williams is the manager of Columbia Value & Restructuring Fund. He has managed the fund since it opened in 1992. Over the past 15 years, his fund has gained more than 15% a year. Williams graduated from Yale University with a degree in art history. Read more...
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%. Read more...
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. Read more...
David Williams: Top Holdings
David Williams is the manager of the Columbia Value & Restructuring Fund. Read more...
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. Read more...
» More David Williams Articles

Commentaries and Stories

  • Currently 2.00/5

Rating: 2.0/5 (4 votes)

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: More...

  • Currently 1.57/5

Rating: 1.6/5 (7 votes)

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. More...

  • Currently 3.38/5

Rating: 3.4/5 (8 votes)

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. More...

NEW STOCKS, GURU PORTFOLIO, HOT PICKS


  • Currently 4.00/5

Rating: 4.0/5 (7 votes)

David Williams: Top Holdings
David Williams is the manager of the Columbia Value & Restructuring Fund. More...

CSCO, MRO, HRS, EAT, ACOM, CSCO


  • Currently 2.91/5

Rating: 2.9/5 (11 votes)

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 More...

  • Currently 2.86/5

Rating: 2.9/5 (14 votes)

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. More...

  • Currently 2.88/5

Rating: 2.9/5 (8 votes)

Weekly Guru Bargains Highlights: CX, MDR, TK, HAS, CWH
According to GuruFocus updates, these stocks have declined the most since Gurus have bought. More...

  • Currently 5.00/5

Rating: 5.0/5 (5 votes)

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. More...

DAVID WILLIAMS, JAMES BARROW, RUANE CUNNIFF, JEREMY GRANTHAM, ARNOLD VAN DEN BERG, DONALD YACKTMAN, WARREN BUFFETT, DAVID WINTERS


  • Currently 3.13/5

Rating: 3.1/5 (8 votes)

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). More...

  • Currently 2.13/5

Rating: 2.1/5 (8 votes)

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. More...

  • Currently 3.36/5

Rating: 3.4/5 (14 votes)

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%. More...

  • Currently 2.33/5

Rating: 2.3/5 (9 votes)

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. More...

  • Currently 3.20/5

Rating: 3.2/5 (10 votes)

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. More...

  • Currently 3.50/5

Rating: 3.5/5 (6 votes)

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. More...

  • Currently 2.50/5

Rating: 2.5/5 (4 votes)

David Williams’s Top Holdings: Lorillard Inc., Union Pacific Corp., Petroleo Brasileiro S.A., America Movil, Harris Corp., International Business Machines Corp David Williams's Hedge Against High Inflation, High Taxation and Slow US Growth
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. More...

  • Currently 2.67/5

Rating: 2.7/5 (9 votes)

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 Q2 Portfolio Update: Buy HIG, WCRX, WY
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. More...

  • Currently 1.86/5

Rating: 1.9/5 (7 votes)

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. More...

  • Currently 3.38/5

Rating: 3.4/5 (8 votes)

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 Q4 Portfolio Update
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. More...

  • Currently 3.14/5

Rating: 3.1/5 (7 votes)

David Williams Top Stocks: Petroleo Brasileiro S.A.Petrobras, LORILLARD, INC., America Movil , Union Pacific Corp., Alpha Natural Resources Inc. David Williams Top Stocks: PBR, LO, AMOV, UNP, ANR
(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. More...

  • Currently 2.17/5

Rating: 2.2/5 (6 votes)

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. More...

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