Newcastle Partners, LP Portfolio - Stockpickr! Your Source for Stock Ideas

Newcastle Partners, LP

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TheStreet.com Rating: C

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DESCRIPTION:

Date updated:02-26-2007

Newcastle Partners, LP is a $585 million dollar Dallas-based hedge fund founded by Mark Schwarz in 1993.

New positions: CGV, UIC, WLT

From D Magazine article by Adam McGill:

"Schwarz, 44, founded Newcastle with an investment philosophy based on the intrinsic value of assets. Basically, Schwarz and his Newcastle partners find a small, publicly traded company that isn't performing well. That's step one. Step two: buy a controlling interest. Step three: insinuate yourself onto the board of directors, clean house, and get the company to perform to its potential. Step four: profit. Philosophy is good; results matter. Newcastle boasts a 12-year annualized return of about 27 percent.

Schwarz has elbowed his way into the boardrooms of companies like Tandycrafts and Hallmark Financial Services. Other company's boards, like those of Gehl, a maker of construction equipment, and Haggar, maker of pants, have fended off his advances."

As of 12-31-06 filing.

HALL
Hallmark Financia
$7.85
0.00%
$7.90

No Analysis added

People owning HALL also tend to own: AXS BLC BRK-A CGV ENH IPCR LCAPA

TheStreet.com Rating: C+ What is this?

SVM
Silvercorp Metals
$7.29
-0.14%
$7.36

No Analysis added

People owning SVM also tend to own: AAUK AKZOY BCS BTI COP DOW FDG

TheStreet.com Rating: No Rating What is this?

POS
Pos
$0.00
N/A
$N/A

No Analysis added

People owning POS also tend to own: AXS BLC BRK-A CGV ENH HALL IPCR

TheStreet.com Rating: No Rating What is this?

UNM
Unum Group
$19.08
-0.26%
$19.02

No Analysis added

People owning UNM also tend to own: AXS BLC BRK-A CGV ENH HALL IPCR

TheStreet.com Rating: B- What is this?

LINTA
Liberty Media Cor
$10.63
-1.02%
$10.71

No Analysis added

People owning LINTA also tend to own: BRK-A COF EBAY HD JNJ OSTK PFE

TheStreet.com Rating: No Rating What is this?

CGV
Cgg Veritas
$21.34
-2.24%
$21.25

No Analysis added

People owning CGV also tend to own: DVN GOK OYOG RIG AEL AKH ARJ

TheStreet.com Rating: C What is this?

MFW
M&f Worldwide Cp
$32.19
+2.74%
$31.03

No Analysis added

People owning MFW also tend to own: AEL AKH ARJ ARLP ASFI BOOM BTM

TheStreet.com Rating: C What is this?

BRK-A
Berkshire Hath Hl
$103250.00
-0.62%
$103210.00

No Analysis added

People owning BRK-A also tend to own: COF EBAY HD JNJ LINTA OSTK PFE

TheStreet.com Rating: No Rating What is this?

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