Richard Pzena has been very bullish with financials, although he has been proven wrong by the market ... for now. He sees opportunities in financial sector and created a new financial opportunity service. Is he wrong, or just early? These are his buys and sells during the second quarter.
Richard Pzena buys National City Corp., Motorola Inc., Mattel Inc., PharmaNet Development Group Inc., Hilb Rogal & Hobbs Company, The Timberland Company, Harman International Industries Inc., Medtronic Inc., CSG Systems International Inc., Arthur J. Gallagher & Co., Indymac Bancorp Inc., Mercer Insurance Group Inc., Milacron Inc., Covidien Ltd., Cardinal Health Inc., sells Circuit City Stores Inc., Countrywide Financial Corp., Chesapeake Energy Corp., CONMED Corp., Chevron Corp., Electronic Data Systems Corp., Horace Mann Educators Corp., United America Indemnity Ltd., Nara Bancorp Inc. during the 3-months ended 06/30/2008, according to the most recent filings of his investment company, Pzena Investment Management LLC. Richard Pzena owns 141 stocks with a total value of $15787.6 billion. These are the details of the buys and sells.
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New Purchases: AJG, CAH, COV, CSGS, HAR, HRH, IMB, MAT, MDT, MIGP, MOT, MZIA.PK, NCC, PDGI, TBL,
Added Positions: ABC, AGII, AMGN, BAC, BPOP, C, CRI, DBRN, FRE, HHS, JCP, KSS, LEH, LLL, LOW, MCO, MGA, MSFT, NOC, PDX, SGP, SLE, SRE, VIA-B, WB, WHR, WM,
Reduced Positions: ACS, ANAT, BLT, BNE, BSX, CSC, DFS, HAS, HBC, IDA, IPCR, MET, ORCL, PFE, RBS, UB, VVI, WMT, XL,
Sold Out: CC, CFC, CHK, CNMD, CVX, EDS, HMN, INDM, NARA,
For the details of Richard Pzena's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Richard+Pzena
Richard Pzena buys National City Corp., Motorola Inc., Mattel Inc., PharmaNet Development Group Inc., Hilb Rogal & Hobbs Company, The Timberland Company, Harman International Industries Inc., Medtronic Inc., CSG Systems International Inc., Arthur J. Gallagher & Co., Indymac Bancorp Inc., Mercer Insurance Group Inc., Milacron Inc., Covidien Ltd., Cardinal Health Inc., sells Circuit City Stores Inc., Countrywide Financial Corp., Chesapeake Energy Corp., CONMED Corp., Chevron Corp., Electronic Data Systems Corp., Horace Mann Educators Corp., United America Indemnity Ltd., Nara Bancorp Inc. during the 3-months ended 06/30/2008, according to the most recent filings of his investment company, Pzena Investment Management LLC. Richard Pzena owns 141 stocks with a total value of $15787.6 billion. These are the details of the buys and sells.
Click here to read the complete report
New Purchases: AJG, CAH, COV, CSGS, HAR, HRH, IMB, MAT, MDT, MIGP, MOT, MZIA.PK, NCC, PDGI, TBL,
Added Positions: ABC, AGII, AMGN, BAC, BPOP, C, CRI, DBRN, FRE, HHS, JCP, KSS, LEH, LLL, LOW, MCO, MGA, MSFT, NOC, PDX, SGP, SLE, SRE, VIA-B, WB, WHR, WM,
Reduced Positions: ACS, ANAT, BLT, BNE, BSX, CSC, DFS, HAS, HBC, IDA, IPCR, MET, ORCL, PFE, RBS, UB, VVI, WMT, XL,
Sold Out: CC, CFC, CHK, CNMD, CVX, EDS, HMN, INDM, NARA,
For the details of Richard Pzena's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Richard+Pzena
