Value investing team HOTCHKIS & WILEY focuses on important investment parameters such as a company's tangible assets, sustainable cash flow, and potential for improving business performance. Similar to many other successful value investors, they have underperformed lately. These are their buys and sells during the 4th quarter.
HOTCHKIS & WILEY buys Wachovia Corp., Citigroup Inc., AstraZeneca PLC, National City Corp., Ashland Inc., FedEx Corp., First Horizon National Corp., Capital One Financial Corp., Webster Financial Corp., PhillipsVan Heusen Corp., KSwiss Inc., The Great Atlantic & Pacific Tea Company, Wet Seal Inc., sells Unilever PLC, Kraft Foods Inc., ScheringPlough Corp., Alcoa Inc., PetroCanada, Assurant Inc., Wyndham Worldwide Corp., FMC Corp., Overseas Shipholding Group Inc., The Ryland Group Inc., EDO Corp., Pathmark Stores Inc., BearingPoint Inc., Meritage Homes Corp., KMG America Corp. during the 3-months ended 12/31/2007, according to the most recent filings of his investment company, HOTCHKIS & WILEY Capital Managment LLC. HOTCHKIS & WILEY owns 117 stocks with a total value of $24.6 billion. These are the details of the buys and sells.
New Purchases: ASH, AZN, C, COF, FDX, FHN, GAP, KSWS, NCC, PVH, WB, WBS, WTSLA,
Added Positions: BAC, FRE, GXP, HD, KEY, LTD, SWY, WM,
Reduced Positions: ALEX, BHS, BJ, BMC, CA, EBHI, ERJ, FBN, FLS, FPL, GPS, JNJ, JPM, LIZ, LLY, LYV, MET, MGA, MO, MSFT, NOC, ORCL, SUN, TEL, TOL, TRV, TRX, UB, UNM, WCI, WMT, YUM, JOE, LEN,
Sold Out: AA, AIZ, BE, EDO, FMC, KFT, KMA, MTH, OSG, PCZ, PTMK, RYL, SGP, UL, WYN,
HOTCHKIS & WILEY buys Wachovia Corp., Citigroup Inc., AstraZeneca PLC, National City Corp., Ashland Inc., FedEx Corp., First Horizon National Corp., Capital One Financial Corp., Webster Financial Corp., PhillipsVan Heusen Corp., KSwiss Inc., The Great Atlantic & Pacific Tea Company, Wet Seal Inc., sells Unilever PLC, Kraft Foods Inc., ScheringPlough Corp., Alcoa Inc., PetroCanada, Assurant Inc., Wyndham Worldwide Corp., FMC Corp., Overseas Shipholding Group Inc., The Ryland Group Inc., EDO Corp., Pathmark Stores Inc., BearingPoint Inc., Meritage Homes Corp., KMG America Corp. during the 3-months ended 12/31/2007, according to the most recent filings of his investment company, HOTCHKIS & WILEY Capital Managment LLC. HOTCHKIS & WILEY owns 117 stocks with a total value of $24.6 billion. These are the details of the buys and sells.
New Purchases: ASH, AZN, C, COF, FDX, FHN, GAP, KSWS, NCC, PVH, WB, WBS, WTSLA,
Added Positions: BAC, FRE, GXP, HD, KEY, LTD, SWY, WM,
Reduced Positions: ALEX, BHS, BJ, BMC, CA, EBHI, ERJ, FBN, FLS, FPL, GPS, JNJ, JPM, LIZ, LLY, LYV, MET, MGA, MO, MSFT, NOC, ORCL, SUN, TEL, TOL, TRV, TRX, UB, UNM, WCI, WMT, YUM, JOE, LEN,
Sold Out: AA, AIZ, BE, EDO, FMC, KFT, KMA, MTH, OSG, PCZ, PTMK, RYL, SGP, UL, WYN,
