Newcastle Partners

Newcastle Partners as of Sept. 30, 2011

Portfolio Holdings for Newcastle Partners

Newcastle Partners holds 34 positions in its portfolio as reported in the September 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Hallmark Financial Services 31.8 $57M 7.7M 7.37
Pizza Inn (PZZI) 5.3 $9.4M 2.8M 3.38
MedQuist (MEDQ) 4.9 $8.7M 1.2M 7.56
American Safety Ins Hldgs Lt ord 4.9 $8.7M 473k 18.40
Microsoft Corporation (MSFT) 4.8 $8.5M 344k 24.89
Via 4.5 $8.0M 206k 38.74
M & F Worldwide (MFW) 4.5 $8.0M 323k 24.62
Wilhelmina Intl 4.0 $7.2M 34M 0.21
Liberty Media 3.9 $7.0M 475k 14.77
CVS Caremark Corporation (CVS) 3.4 $6.0M 178k 33.58
Acxiom Corporation 2.7 $4.8M 454k 10.64
GameStop (GME) 2.7 $4.8M 208k 23.10
ARGO GROUP INTERNATIONAL Holdi Com Stk 2.7 $4.7M 167k 28.37
Berkshire Hathaway (BRK.B) 2.5 $4.5M 63k 71.04
Microsoft Corporation (MSFT) 2.1 $3.7M 434k 8.57
CVS Caremark Corporation (CVS) 1.8 $3.3M 200k 16.25
Belo 1.6 $3.0M 604k 4.89
Wal-Mart Stores (WMT) 1.4 $2.6M 50k 51.90
Johnson & Johnson (JNJ) 1.4 $2.6M 40k 63.71
Baxter Intl 1.4 $2.5M 100k 25.20
Unum (UNM) 1.2 $2.2M 106k 20.96
JPMorgan Chase & Co. (JPM) 0.8 $1.5M 50k 30.12
Cenveo 0.8 $1.4M 466k 3.01
Xerox Corporation 0.8 $1.4M 200k 6.97
Hewlett-Packard Company 0.8 $1.3M 60k 22.45
Johnson & Johnson (JNJ) 0.6 $1.1M 90k 12.05
Hilltop Holdings (HTH) 0.5 $883k 123k 7.21
Gilat Satellite Networks (GILT) 0.5 $848k 264k 3.21
NutriSystem 0.5 $826k 68k 12.11
A. H. Belo Corporation 0.4 $772k 183k 4.22
Flagstone Reinsurance Hldgs 0.3 $537k 69k 7.75
Multimedia Games 0.3 $458k 113k 4.04
Crawford & Company (CRD.A) 0.2 $366k 97k 3.77
Highland Credit Strategies Fund 0.1 $273k 44k 6.20