Tracking Michael Price’s MFP Portfolio - Q1 2017 Update

• Michael Price’s 13F portfolio value decreased from $824M to $807M this quarter.
• MFP Investors added Banc of California & increased Trinity Place Holdings.
• The largest three individual stock positions are Intel Corporation, BMC Stock Holdings, and Dolby Laboratories and they add up to ~21% of the portfolio.

Michael Price’s 13F portfolio value decreased ~2% from $824M to $807M this quarter. The portfolio is diversified with recent 13F reports showing well over 100 individual stock positions. The top five stakes are Intel Corporation (INTC), BMC Stock Holdings (BMCH), Dolby Laboratories (DLB), Trinity Place Holdings (TPHS), and Banc of California (BANC) and they add up to ~28% of the 13F portfolio.

Note: A regulatory Form 4 Filing earlier this month show MFP owning 2M shares (~12% of the business) of Papa Murphy’s Holdings (FRSH).

Below is a spreadsheet that shows the changes to Michael Price's MFP Investors US long portfolio holdings as of Q1 2017. For a look at how the portfolio has progressed, see our previous update:

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