Tontine Partners Portfolio - Stockpickr! Your Source for Stock Ideas

Tontine Partners

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Date updated:11-15-2007

Tontine is a multi-billion dollar Greenwich based Hedge Fund managed by 45 year old Jeffrey Gendell. The fund was started by Gendell in 1997 and has since posted spectacular returns, gaining more then 100% in both 2003 and 2005. Gendell’s specialty is picking a macro-styled theme, buying very large positions in companies that benefit from that theme, and then working with or pressuring management to improve shareholder returns. Famous examples including buying homebuilders in 2003 and various major steel companies in 2005.

Gendell is a graduate of Duke University and began his Wall Street career at Smith Barney, working in the corporate finance department. His fund is named after 17th century Italian banker Lorenzo de Tonti, who invented an annuity where several partners invest and receive annual dividends. As each investor dies off their share is credited to the remaining partners, leaving the last man alive with all the money. The name is a play on Gendell’s desire to be the “last investor standing.”

WNC
Wabash Natl Cp
$1.65
-5.17%
$1.75

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People owning WNC also tend to own: AMD GST MOBE NMHC OPWV PRST TLCV

TheStreet.com Rating: D What is this?

WGII
Wgii
$0.00
N/A
$N/A

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People owning WGII also tend to own: AWI BBI BOL EK HA ICO IDT

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TRN
Trinity Ind
$18.74
+2.13%
$18.56

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People owning TRN also tend to own: AHM AIZ ALB AMP AVT AXCA BBI

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KBH
Kb Home
$15.66
+6.68%
$15.13

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People owning KBH also tend to own: AET BZH CGI FBP HOV LUK MDC

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CTX
Ctx
$0.00
N/A
$N/A

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People owning CTX also tend to own: CFC GFI CSG LSTR MOT TRF WU

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SGR
Sgr
$0.00
N/A
$N/A

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People owning SGR also tend to own: ACH ASTI BHP CBI CRA CTXS CZZ

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NAV
Navistar Intl Cp
$35.40
-0.70%
$35.76

No Analysis added

People owning NAV also tend to own: PGTI WLT AXR BIDU CHAP GS PCP

TheStreet.com Rating: D+ What is this?

RYL
Ryland Group Inc
$20.24
+6.19%
$19.51

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People owning RYL also tend to own: DEBS DLX EXPO HRB KCP LEN LIZ

TheStreet.com Rating: D+ What is this?

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