UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 2000
Check here if Amendment [ ]; Amendment Number: ___
This Amendment (Check only one.): [ ] is a restatement
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Dreman Value Management, L.L.C.
Address: 10 Exchange Place, Suite 2150
Jersey City, NJ 07302-3913
Form 13F File Number: 28-6700
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: William G. Rapavy
Title: Chief Financial Officer
Phone: (201) 793-2000
Signature, Place, and Date of Signing:
/s/ William G. Rapavy Jersey City, New Jersey 8/14/00
[Signature] [City, State] [Date]
Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported
by other reporting manager(s).)
<PAGE>
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
TITLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ --------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Action Performance Cos Com COM 004933107 392 54100.00 SH SOLE 54100.00
Aegon NV COM 007924103 2934 82368.00 SH SOLE 53552.00 28816.00
Allstate COM 020002101 6501 292199.00 SH SOLE 218954.00 73245.00
American Express COM 025816109 25370 486715.00 SH SOLE 319240.00 167475.00
American International Group COM 026874107 66426 565331.00 SH SOLE 378354.00 186977.00
Associates First Cap COM 046008108 522 23400.00 SH SOLE 23400.00
Asyst Technologies Inc COM 04648X107 202 5900.00 SH SOLE 600.00 5300.00
Automatic Data Processing COM 053015103 257 4800.00 SH SOLE 4800.00
BP Amoco PLC - SPONS ADR COM 055622104 67696 1196837.40 SH SOLE 211169.00 985668.40
BancWest Corporation COM 059790105 5297 322240.00 SH SOLE 182810.00 139430.00
Bank One Corporation COM 06423A103 197746 7444559.00 SH SOLE 1341643.00 6102916.00
Bank of America Corp COM 060505104 115146 2677809.00 SH SOLE 891271.00 1786538.00
Banknorth Group, Inc. COM 711147108 2183 142595.00 SH SOLE 85480.00 57115.00
Bear Stearns Cos Inc. COM 073902108 3952 94932.00 SH SOLE 61907.00 33025.00
Borders Group Inc. COM 099709107 148274 9527635.00 SH SOLE 1992750.00 7534885.00
Burlington Resources Inc COM 122014103 445 11647.00 SH SOLE 11647.00
CTB International Corp. COM 125960104 362 53635.00 SH SOLE 5200.00 48435.00
CTG Resources Inc COM 125957100 536 14600.00 SH SOLE 1400.00 13200.00
Ch Energy Group Inc. COM 12541m102 726 21400.00 SH SOLE 2100.00 19300.00
Charles Schwab Corp COM 808513105 3062 91050.00 SH SOLE 61800.00 29250.00
Chase Manhattan COM 16161A108 21457 465829.50 SH SOLE 303273.00 162556.50
Chubb Corp COM 171232101 5501 89450.00 SH SOLE 59470.00 29980.00
Cigna Corp COM 125509109 4706 50335.00 SH SOLE 20070.00 30265.00
Citigroup, Inc COM 172967101 67481 1120009.00 SH SOLE 748909.00 371100.00
Coca-Cola Co COM 191216100 230 4000.00 SH SOLE 4000.00
Colonial Bancgroup Inc COM 195493309 2641 293395.00 SH SOLE 183430.00 109965.00
Columbia Energy Group COM 197648108 177439 2703839.00 SH SOLE 696055.00 2007784.00
Conoco Inc - Cl A COM 208251306 174606 7936637.00 SH SOLE 464514.00 7472123.00
Conoco Inc - Cl B COM 208251405 33688 1371539.00 SH SOLE 578069.00 793470.00
Corus Bankshares Inc. COM 220873103 3127 118263.00 SH SOLE 59800.00 12793.00 45670.00
Datascope Corp. COM 238113104 472 13100.00 SH SOLE 1200.00 11900.00
Deb Shops Inc. COM 242728103 424 33900.00 SH SOLE 3200.00 30700.00
Delta & Pine Land Co. COM 247357106 644 25700.00 SH SOLE 2500.00 23200.00
Deluxe Corp. COM 248019101 629 26700.00 SH SOLE 2600.00 24100.00
Diamond Offshore Drilling COM 25271c102 27518 783440.00 SH SOLE 237830.00 545610.00
Duke Energy Corp COM 264399106 346 6141.00 SH SOLE 6141.00
El Paso Energy Corp COM 283905107 825 16200.00 SH SOLE 16200.00
Ensco International, Inc COM 26874q100 29799 832095.00 SH SOLE 159015.00 673080.00
Exxon Mobil Corp COM 30231G102 11643 148323.00 SH SOLE 93823.00 54500.00
Fed Home Loan Mtg Co COM 313400301 190254 4697626.00 SH SOLE 1106460.00 3591166.00
Federal Natl Mortgage Assn COM 313586109 217615 4169863.00 SH SOLE 1124180.00 3045683.00
Federated Dept Stores COM 31410H101 423 12524.00 SH SOLE 10900.00 1624.00
First Union Corp (N C) COM 337358105 66193 2667732.00 SH SOLE 732896.00 1934836.00
Fleet Boston Corp COM 339030108 96939 2851132.72 SH SOLE 473519.00 2377613.72
Fleetwood Enterprises COM 339099103 345 24200.00 SH SOLE 24200.00
Ford Motor Co COM 345370100 8725 202905.00 SH SOLE 130855.00 72050.00
Franklin Resources COM 354613101 3430 112925.00 SH SOLE 73300.00 39625.00
Fruit of the Loom Inc -Cl A COM G3682L105 906 3354880.00 SH SOLE 486855.00 2868025.00
GTE Corp COM 362320103 603 9680.00 SH SOLE 9680.00
Global Marine Inc COM 379352404 17132 607795.00 SH SOLE 52565.00 555230.00
Golden West Financial Corp COM 381317106 3034 74345.00 SH SOLE 48630.00 25715.00
Halliburton International Inc COM 406216101 378 8000.00 SH SOLE 8000.00
Household International Inc COM 441815107 5927 142610.00 SH SOLE 94560.00 48050.00
Humana Inc COM 444859102 82180 16857418.00 SH SOLE 1971713.00 14885705.00
ITLA Capital Corporation COM 450565106 602 41500.00 SH SOLE 4000.00 37500.00
Imperial Tobacco Group Plc COM 453142101 14252 735600.00 SH SOLE 735600.00
Intel Corp COM 458140100 1270 9500.00 SH SOLE 9500.00
Jefferson-Pilot Corp COM 475070108 2261 40067.00 SH SOLE 25477.00 14590.00
Johnson & Johnson COM 478160104 591 5800.00 SH SOLE 5800.00
<PAGE>
<CAPTION>
FORM 13F INFORMATION TABLE
TITLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ --------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Keycorp COM 493267108 53827 3054010.00 SH SOLE 355990.00 2698020.00
Laboratory Corp. of America Ho COM 50540r409 703 9120.00 SH SOLE 810.00 8310.00
LandAmerica Financial Group In COM 514936103 599 26100.00 SH SOLE 2500.00 23600.00
Lehman Brothers Holdings Inc COM 524908100 6698 70832.00 SH SOLE 52990.00 17842.00
Lilly (Eli) & Co COM 532457108 1618 16200.00 SH SOLE 8200.00 8000.00
Lincoln National Corp COM 534187109 2086 57739.00 SH SOLE 22164.00 35575.00
MBIA Inc COM 55262C100 270 5600.00 SH SOLE 5600.00
MFC Bancorp Ltd. COM 55271X103 477 63650.00 SH SOLE 6200.00 57450.00
Mandalay Resort Group COM 562567107 560 28000.00 SH SOLE 2700.00 25300.00
Marsh & Mclennan Cos COM 571748102 12656 121179.00 SH SOLE 86834.00 34345.00
May Department Stores Inc COM 577778103 276 11502.00 SH SOLE 9140.00 2362.00
McKesson HBOC Inc COM 58155Q103 183953 8785810.00 SH SOLE 969920.00 7815890.00
Mellon Financial Corp COM 58551A108 9794 268781.00 SH SOLE 179486.00 89295.00
Mercer International Inc COM 588056101 401 48300.00 SH SOLE 4800.00 43500.00
Merck & Co COM 589331107 751 9800.00 SH SOLE 9800.00
Merrill Lynch & Co COM 590188108 18510 160960.00 SH SOLE 97120.00 63840.00
Microsoft COM 594918104 1200 15000.00 SH SOLE 15000.00
Minnesota Mining & Mfg Co COM 604059105 363 4400.00 SH SOLE 4400.00
Morg Stan Dean Wttr Dscvr & Co COM 617446448 4704 56500.00 SH SOLE 51500.00 5000.00
Morgan (J P) & Co COM 616880100 9119 82808.00 SH SOLE 54803.00 28005.00
Mueller Industries Inc COM 624756102 532 19000.00 SH SOLE 1900.00 17100.00
Nabisco Group Hldg Corp COM 62952P102 245230 9454665.00 SH SOLE 986325.00 8468340.00
Nabors Industries Inc COM 629568106 9651 232200.00 SH SOLE 232200.00
National Bank of Canada COM 633067103 6431 431150.00 SH SOLE 182200.00 248950.00
Nestle S A Sponsored ADR COM 641069406 22758 226680.00 SH SOLE 141220.00 85460.00
Noble Drilling Corp COM 655042109 32296 784115.00 SH SOLE 278375.00 505740.00
North Fork Bancorporation COM 659424105 3182 210356.00 SH SOLE 131075.00 21871.00 57410.00
Northeast Utilities COM 664397106 748 34400.00 SH SOLE 3400.00 31000.00
Nu Horizons Electronic Corp. COM 669908105 895 33600.00 SH SOLE 3300.00 30300.00
Ohio Casualty Corp COM 677240103 16195 1524240.00 SH SOLE 906430.00 617810.00
PNC Financial Services Group COM 693475105 82936 1769306.00 SH SOLE 514083.00 1255223.00
Pepsico Inc COM 713448108 407 9150.00 SH SOLE 9150.00
Pfizer COM 717081103 227 4725.00 SH SOLE 4725.00
Pharmacia Corp COM 71713U102 464 8972.00 SH SOLE 8972.00
Philip Morris Cos Inc COM 718154107 304437 11461157.00 SH SOLE 1204242.00 10256915.00
Popular Inc COM 733174106 4126 216460.00 SH SOLE 140220.00 76240.00
Precision Castparts Corp COM 740189105 672 14850.00 SH SOLE 1500.00 13350.00
Prison Realty Trust Inc COM 74264n105 39177 12792590.00 SH SOLE 4005440.00 82050.00 8705100.00
Procter & Gamble Co COM 742718109 8516 148750.00 SH SOLE 100750.00 48000.00
Provident Financial Group COM 743866105 2154 90465.00 SH SOLE 58090.00 32375.00
R & G Financial Corp CL B COM 749136107 273 34364.00 SH SOLE 3300.00 31064.00
RTI International Metals, Inc. COM 74973W107 673 59150.00 SH SOLE 3400.00 55750.00
Rehabcare Group Inc COM 759148109 1093 40100.00 SH SOLE 3800.00 36300.00
Reynolds RJ Tob Hldgs Inc COM 76182k105 103081 3689704.00 SH SOLE 441065.00 3248639.00
Rite Aid Corp. COM 767754104 38787 5910400.00 SH SOLE 1087760.00 4822640.00
Royal Dutch Pet -NY Reg COM 780257804 536 8700.00 SH SOLE 6700.00 2000.00
ST Paul Cos COM 792860108 35122 1029222.00 SH SOLE 216272.00 812950.00
Safeco Corp COM 786429100 24350 1225165.00 SH SOLE 367420.00 857745.00
Santa Fe Intl Corp COM G7805C108 14665 419750.00 SH SOLE 1000.00 9150.00 409600.00
Schering-Plough COM 806605101 384 7600.00 SH SOLE 7600.00
Sea Containers Ltd. COM 811371707 456 21600.00 SH SOLE 2100.00 19500.00
Stolt Offshore COM L8873e103 484 34250.00 SH SOLE 3300.00 30950.00
Summit Bancorp COM 866005101 3700 150260.00 SH SOLE 101390.00 48870.00
Suntrust Banks Inc COM 867914103 7395 161850.00 SH SOLE 83360.00 78490.00
Target Corp COM 87612E106 14169 244290.00 SH SOLE 165290.00 79000.00
Tenet Healthcare Corp COM 88033G100 224665 8320912.00 SH SOLE 1177067.00 7143845.00
Texaco Inc COM 881694103 144341 2710635.00 SH SOLE 375630.00 2335005.00
The Healthcare Company COM 404119109 365 12000.00 SH SOLE 11100.00 900.00
Torchmark Corp COM 891027104 1990 80610.00 SH SOLE 50930.00 29680.00
Toys R Us Inc COM 892335100 74204 5095566.00 SH SOLE 418765.00 4676801.00
<PAGE>
<CAPTION>
FORM 13F INFORMATION TABLE
TITLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ --------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Trans World Entertainment COM 89336Q100 560 46200.00 SH SOLE 4500.00 41700.00
TransOcean Sedco Forex Inc COM G90078109 86406 1616960.00 SH SOLE 210530.00 1406430.00
U S Bancorp COM 902973106 1775 92221.00 SH SOLE 87921.00 4300.00
US Tobacco Inc. COM 902911106 108616 7395145.00 SH SOLE 887380.00 6507765.00
USA Education Inc COM 90390U102 5849 156225.00 SH SOLE 117380.00 38845.00
Unilever N V NY Shares COM 904784709 6882 160052.00 SH SOLE 127039.00 33013.00
Universal Corp/Va COM 913456109 59851 2833185.00 SH SOLE 378005.00 2455180.00
Visteon Corp COM 92839U107 322 26566.37 SH SOLE 17132.65 9433.72
WMS Industries Inc. COM 929297109 1019 66000.00 SH SOLE 6400.00 59600.00
Wachovia Corp COM 929771103 885 16318.00 SH SOLE 16318.00
Wal-Mart Stores COM 931142103 872 15130.00 SH SOLE 6530.00 8600.00
Washington Mutual Inc COM 939322103 30029 1039976.00 SH SOLE 682511.00 357465.00
Waste Management Inc COM 94106L109 68523 3606471.00 SH SOLE 473181.00 3133290.00
Weatherford Intl Corp COM 947074100 207 5200.00 SH SOLE 5200.00
Webb (Del E) Corp COM 947423109 490 32000.00 SH SOLE 3100.00 28900.00
Webster Finl Corp Waterbury COM 947890109 291 13100.00 SH SOLE 1300.00 11800.00
Wells Fargo & Co (NEW) COM 949746101 43736 1128659.00 SH SOLE 683570.00 445089.00
Amer Century Quant Eq Gld / Be 081866105 83 18624.347 SH SOLE 18624.347
Heitman Sec Tr 423079201 836 95447.871 SH SOLE 95447.871
Kemper Dreman Contrarian Fund 48840B108 885 55885.986 SH SOLE 55885.986
Kemper Dreman High Return Fund 48840B504 781 29269.527 SH SOLE 29269.527
Pvt Banking Aggr. Gr. Str. All 997443106 442 20533.881 SH SOLE 20533.881
Smith Barney Muni BD Fund 831805304 1862 145933.936 SH SOLE 145933.936
Vanguard/Windsor Fund 922018106 267 17941.531 SH SOLE 17941.531
Time Warner Inc 887315109 18107 238256.000 SH SOLE 238256.000
</TABLE>
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: NONE
Form 13F Information Table Entry Total: 144
Form 13F Information Table Value Total: $4,144,172
(thousands)
List of Other Included Managers: None
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report. Not Applicable
