Hedge Fund - Tontine Asset Management

In this article, we discuss the 11 stocks to buy now according to Jeffrey Gendell's Tontine Asset Management based on Q2 holdings of the fund.

This Schedule 13D/A (this "Amendment No. 5") amends the Schedule D originally filed on May 12, 2003 relating to the shares of common stock, $0.01 par value (the "Common Stock") of HMN Financial, Inc.

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing ...

*The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information...

After all, activist hedge funds get most of their earnings from investing in companies and pushing them to provide more shareholder value.

There were 659 hedge funds in our system whose 13F portfolios on June 30 consisted of at least five long positions in billion-dollar companies.

Founded in 1997 by Jeffrey Gendell, Tontine Asset Management was once among the most revered names in the hedge fund Universe.

Jeffrey Gendell's Tontine Capital Overseas Master Fund bought more than 200 thousand shares of Westmoreland Coal Co (WLB) at an average price of $6.13 between November 3rd and February 1st.

Tontine Asset Management has accelerated the winding down of its investment in Patrick Industries, Inc. (NASDAQ:PATK), having entered into a sales plan with Cantor Fitzgerald & Co.