David Dreman is the founder and chairman of Dreman Value Management. Dreman currently has $5.5 billion under management. He was hit hard during the 2008 crisis and his AUM took a big hit. He was managing $22 billion in 2007.
Below we compiled a list of stocks that Dreman has been holding since the beginning of this year. These are Dreman’s holdings with at least $42 Million invested at the end of June.
Company | Ticker | Value (x1000) | YTD Return |
ANADARKO PETROLEUM CORP | 51826 | -11.50% | |
HOSPITALITY PROPERTIES TRUST | 48232 | -2.81% | |
ATWOOD OCEANICS INC | 48139 | 2.45% | |
N C R CORP NEW | 47976 | 17.77% | |
PORTLAND GENERAL ELECTRIC CO | 47935 | 12.84% | |
HEALTHSPRING INC | 46843 | 40.75% | |
O M GROUP INC | 44740 | -32.37% | |
BRINKS CO | 44593 | -6.21% | |
OWENS & MINOR INC NEW | 44538 | 2.80% | |
BARNES GROUP INC | 44003 | 2.60% | |
DEVON ENERGY CORP NEW | 43875 | -24.82% | |
CHARLES RIVER LABS INTL INC | 43699 | -19.06% | |
APACHE CORP | 43178 | -26.54% | |
BRINKER INTERNATIONAL INC | 42836 | 3.56% | |
C B L & ASSOCIATES PPTYS INC | 42680 | -28.75% | |
BANK OF HAWAII CORP | 42436 | -18.47% |
Anadarko Petroleum Corporation is one of the world’s largest independent oil and gas exploration and production companies. It lost 11.50% since the beginning of this year. It has a market cap of $33.55 billion and a P/E ratio of 40.02. Dreman had $52 million invested in APC shares. John Paulson held $1.3 billion positions in APC shares at the end of June.
Hospitality Properties Trust is a lodging and travel center real estate investment trust, or REIT. It lost 2.81% since the beginning of this year. It has a market cap of $2.65 billion and a P/E ratio of 82.65. Dreman had $48 million invested in HPT shares. Jim Simons initiated a brand new $3 million position in HPT during the second quarter (see billionaire Jim Simons’ top stock picks).
Atwood Oceanics, Inc. is an offshore oil and gas drilling company. It participates in drilling in exploratory regions around the world. It returned 2.45% since the beginning of this year. It has a market cap of $2.51 billion and a P/E ratio of 9.61. Dreman had $48 million invested in ATW shares. Ken Griffin had a larger position, $53 million, in ATW at the end of June.
NCR Corporation is an American technology company specializing in kiosk products for the retail, financial, travel, healthcare, food service, entertainment, gaming and public sector industries. It returned 17.77% since the beginning of this year. It has a market cap of $2.87 billion and a P/E ratio of 17.53. Dreman had $48 million invested in NCR shares. Steven Cohen initiated brand new $54 million positions in NCR during the second quarter.
Portland General Electric is an electrical utility based in Portland in the U.S. state of Oregon. It returned 12.84% since the beginning of this year. It has a market cap of $1.79 billion and a P/E ratio of 10.83. Dreman had $48 million invested in POR shares.
HealthSpring provides Medicare Advantage plans and Medicare Part D prescription drug benefits to roughly 350,000 members in about a dozen states and the District of Columbia. It returned 40.75% since the beginning of this year. It has a market cap of $2.55 billion and a P/E ratio of 9.90. Dreman had $47 million invested in HS shares. Ken Griffin held $16 million positions in HS at the end of June.
OM Group, Inc. is a leading global solutions provider of specialty chemicals, advanced materials and unique technologies crucial to enabling customers to meet increasingly stringent market and application requirements. It lost 32.37% since the beginning of this year. It has a market cap of $860.58 million and a P/E ratio of 7.91. Dreman had $45 million invested in OMG shares. Ken Fisher held more than $15 million in OMG shares.
The Brink’s Company is a security and protection company headquartered in Richmond, Virginia, United States. It lost 6.21% since the beginning of this year. It has a market cap of $1.19 billion and a P/E ratio of 17.07. Dreman had $45 million invested in BCO shares. Jim Simons and D.E shaw also held positions in BCO.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
