Strategy Update Q2 2008
July 2008
Please see here
for our market commentary.
Performance
Please follow the links under 'strategies' on the left to view
monthly returns and a comparison to an appropriate benchmark. Click
here for important disclosures on
how the returns were calculated.
Conservative Value
The Conservative Value combines the stock selection principles of
Dynamic Value with the ranking technology of Conservative Growth.
Portfolio picks must have reasonable valuation, positive price movement,
and improving outlook.
Quarter-End Holdings
|
Ticker |
Name |
Shares |
Price |
Value |
Sector |
Exposure |
|
CYT |
Cytec Industries Inc |
568 |
$ 54.56 |
$ 30,990.08 |
BM |
|
|
RS |
Reliance Steel & Aluminum Co |
744 |
$ 77.09 |
$ 57,354.96 |
BM |
|
|
ZEUS |
Olympic Steel Inc |
798 |
$ 75.92 |
$ 60,584.16 |
BM |
|
|
SCHN |
Schnitzer Steel Industries Inc |
577 |
$ 114.60 |
$ 66,124.20 |
BM |
|
|
SXT |
Sensient Technologies Corp |
1061 |
$ 28.16 |
$ 29,877.76 |
BM |
|
|
EMN |
Eastman Chemical Co |
615 |
$ 68.86 |
$ 42,348.90 |
BM |
|
|
MEOH |
Methanex Corp |
1090 |
$ 28.02 |
$ 30,541.80 |
BM |
|
|
OLN |
Olin Corp |
1602 |
$ 26.18 |
$ 41,940.36 |
BM |
|
|
TX |
Ternium SA |
928 |
$ 42.00 |
$ 38,976.00 |
BM |
|
|
GLT |
Glatfelter |
2304 |
$ 13.51 |
$ 31,127.04 |
BM |
|
|
MTX |
Minerals Technologies Inc |
529 |
$ 63.59 |
$ 33,639.11 |
BM |
22.2% |
|
BWA |
BorgWarner Inc |
840 |
$ 44.38 |
$ 37,279.20 |
CC |
|
|
BJ |
BJ's Wholesale Club Inc |
1016 |
$ 38.70 |
$ 39,319.20 |
CC |
|
|
UNF |
Unifirst Corp/MA |
724 |
$ 44.66 |
$ 32,333.84 |
CC |
5.2% |
|
KND |
Kindred Healthcare Inc |
1349 |
$ 28.76 |
$ 38,797.24 |
CS |
|
|
CQB |
Chiquita Brands International Inc |
1638 |
$ 15.17 |
$ 24,848.46 |
CS |
|
|
EMS |
Emergency Medical Services Corp |
1360 |
$ 22.63 |
$ 30,776.80 |
CS |
|
|
SAFM |
Sanderson Farms Inc |
721 |
$ 34.52 |
$ 24,888.92 |
CS |
|
|
AMSG |
Amsurg Corp |
1200 |
$ 24.35 |
$ 29,220.00 |
CS |
|
|
GTIV |
Gentiva Health Services Inc |
1728 |
$ 19.05 |
$ 32,918.40 |
CS |
|
|
UHS |
Universal Health Services Inc |
551 |
$ 63.22 |
$ 34,834.22 |
CS |
|
|
CPO |
Corn Products International Inc |
761 |
$ 49.11 |
$ 37,372.71 |
CS |
12.2% |
|
CVX |
Chevron Corp |
449 |
$ 99.13 |
$ 44,509.37 |
E |
|
|
WLL |
Whiting Petroleum Corp |
563 |
$ 106.08 |
$ 59,723.04 |
E |
|
|
HES |
Hess Corp |
609 |
$ 126.19 |
$ 76,849.71 |
E |
|
|
COP |
ConocoPhillips |
485 |
$ 94.39 |
$ 45,779.15 |
E |
|
|
OIS |
Oil States International Inc |
749 |
$ 63.44 |
$ 47,516.56 |
E |
|
|
SGY |
Stone Energy Corp |
940 |
$ 65.91 |
$ 61,955.40 |
E |
|
|
SFY |
Swift Energy Co |
715 |
$ 66.06 |
$ 47,232.90 |
E |
|
|
WTI |
W&T Offshore Inc |
1184 |
$ 58.51 |
$ 69,275.84 |
E |
|
|
XEC |
Cimarex Energy Co |
722 |
$ 69.67 |
$ 50,301.74 |
E |
|
|
CPX |
Complete Production Services Inc |
1278 |
$ 36.42 |
$ 46,544.76 |
E |
|
|
GW |
Grey Wolf Inc |
5128 |
$ 9.03 |
$ 46,305.84 |
E |
|
|
GIFI |
Gulf Island Fabrication Inc |
862 |
$ 48.94 |
$ 42,186.28 |
E |
30.6% |
|
HGIC |
Harleysville Group Inc |
903 |
$ 33.83 |
$ 30,548.49 |
F |
|
|
CMO |
Capstead Mortgage Corp |
2715 |
$ 10.85 |
$ 29,457.75 |
F |
2.9% |
|
CIR |
CIRCOR International Inc |
855 |
$ 48.99 |
$ 41,886.45 |
I |
|
|
TKR |
Timken Co |
973 |
$ 32.94 |
$ 32,050.62 |
I |
|
|
ODFL |
Old Dominion Freight Line Inc |
1151 |
$ 30.02 |
$ 34,553.02 |
I |
|
|
R |
Ryder System Inc |
552 |
$ 68.88 |
$ 38,021.76 |
I |
|
|
GDI |
Gardner Denver Inc |
739 |
$ 56.80 |
$ 41,975.20 |
I |
|
|
SPSX |
Superior Essex Inc |
820 |
$ 44.63 |
$ 36,596.60 |
I |
|
|
AAWW |
Atlas Air Worldwide Holdings Inc |
708 |
$ 49.46 |
$ 35,017.68 |
I |
|
|
MFLX |
Multi-Fineline Electronix Inc |
1788 |
$ 27.67 |
$ 49,473.96 |
I |
|
|
CLS |
Celestica Inc |
5605 |
$ 8.43 |
$ 47,250.15 |
I |
17.1% |
|
SNX |
SYNNEX Corp |
1852 |
$ 25. | |
