Dreman Value Sells Some Shares of GE, UTX, CR, MMM in 3rd Quarter

Wall St. Watchdog reveals information regarding Dreman Value Management’s top holdings in the Conglomerates sector for the quarter ending September 30th, 2011. The firm held 4 stocks in the Conglomerates sector at the end of the quarter with an aggregate market value of $45.58 million.

  • General Electric Co. (NYSE:GE): On 06/30/2011, Dreman Value Management reported holding 1,543,277 shares with a market value of $29,106,205. This comprised 0.56% of the total portfolio. On 09/30/2011, Dreman Value Management reported holding 1,530,757 shares with a market value of $23,298,122. This comprised 0.58% of the total portfolio. The net change in shares for this position over the two quarters is -12,520. About Company: General Electric Company is a diversified technology, media and financial services company. The Company offers products and services ranging from aircraft engines, power generation, and water processing technology to medical imaging, business and consumer financing, media content and industrial products. General Electric conducts operations globally.
  • United Technologies Corp. (NYSE:UTX): On 06/30/2011, Dreman Value Management reported holding 263,299 shares with a market value of $23,304,595. This comprised 0.45% of the total portfolio. On 09/30/2011, Dreman Value Management reported holding 261,318 shares with a market value of $18,386,335. This comprised 0.46% of the total portfolio. The net change in shares for this position over the two quarters is -1,981. About Company: United Technologies Corporation provides technology products and support services to customers in the aerospace and building industries worldwide. The Company’s products include aircraft engines, elevators and escalators, heating and air conditioning equipment, helicopters, aerospace systems, fuel cell systems, and fire and safety equipment.
  • Crane Co. (NYSE:CR): On 06/30/2011, Dreman Value Management reported holding 76,275 shares with a market value of $3,768,748. This comprised 0.07% of the total portfolio. On 09/30/2011, Dreman Value Management reported holding 76,275 shares with a market value of $2,722,255. This comprised 0.07% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: Crane Co. manufactures engineered industrial products. The Company’s products include vending machines, airplane braking devices, pumps, valves, and other industrial goods. Crane serves the aerospace manufacturing, power generation, hydrocarbon processing, commercial and residential building, plumbing, and food and beverage production industries.
  • 3m Co. (NYSE:MMM): On 06/30/2011, Dreman Value Management reported holding 16,431 shares with a market value of $1,558,480. This comprised 0.03% of the total portfolio. On 09/30/2011, Dreman Value Management reported holding 16,346 shares with a market value of $1,173,479. This comprised 0.03% of the total portfolio. The net change in shares for this position over the two quarters is -85. About Company: 3M Co. conducts operations in electronics, telecommunications, industrial, consumer and office, health care, safety, and other markets. The Company’s businesses share technologies, manufacturing operations, brands, marketing channels, and other resources. 3M serves customers in countries located around the world.

(Note: Data regarding Dreman Value Management’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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